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[Copypasta]Is that insider trading?
If you're a passenger on a newly recertified 737MAX and it starts to nosedive into the sea so you buy shitloads of BA puts over WiFi before impact, is that insider trading?
If you're a passenger on a newly recertified 737MAX and it starts to nosedive into the sea so you buy shitloads of BA puts over WiFi before impact, is that insider trading?
Short story-time for amusement reasons only:
some days ago, I went to my bank (Austria). I am the owner of quite a number of GME shares and my broker app is actually just the bank-intern bond trading app, where I need to pay transactional feed everytime I buy (what is sell?) GME shares. I informed myself about the reasoning of those transactional fees beforehand and found out that by paying them, I have the right of consultation by my bank about the shares they‘re trading/I‘m buying.
So, I went to the main national building of my bank, they were really friendly at the beginning, enthustiatically, I mentioned GME to them and that I wish for professional consultation about the financial details involved with that stock (I am not a financial guy, actually, I don‘t exactly know what‘s going on, it‘s all pretty crazy to me).
Suddenly, their posture and mimick changed pretty suddenly. I was told, they are not allowed to consult about GME. To my question, why this was the case, they told me, because GME is „too irrelevant for the big stock market“. They are „aware of the past short squeeze, but one should no longer focus on GME“. They acted as if GME was some „childish financial playground“ that should be forgotten about. When I confronted them with the huge recent naked short attacks and if they could explain to me possible effects of them if they were not covered, they just repeated themselves how „GME is not relevant, please focus on stocks like Apple or Amazon to be safe“.
I left the bank, buying more GME shares.
Short story-time for amusement reasons only:
some days ago, I went to my bank (Austria). I am the owner of quite a number of GME shares and my broker app is actually just the bank-intern bond trading app, where I need to pay transactional feed everytime I buy (what is sell?) GME shares. I informed myself about the reasoning of those transactional fees beforehand and found out that by paying them, I have the right of consultation by my bank about the shares they‘re trading/I‘m buying.
So, I went to the main national building of my bank, they were really friendly at the beginning, enthustiatically, I mentioned GME to them and that I wish for professional consultation about the financial details involved with that stock (I am not a financial guy, actually, I don‘t exactly know what‘s going on, it‘s all pretty crazy to me).
Suddenly, their posture and mimick changed pretty suddenly. I was told, they are not allowed to consult about GME. To my question, why this was the case, they told me, because GME is „too irrelevant for the big stock market“. They are „aware of the past short squeeze, but one should no longer focus on GME“. They acted as if GME was some „childish financial playground“ that should be forgotten about. When I confronted them with the huge recent naked short attacks and if they could explain to me possible effects of them if they were not covered, they just repeated themselves how „GME is not relevant, please focus on stocks like Apple or Amazon to be safe“.
I left the bank, buying more GME shares.
You toss and turn as Elon gently rubs your shoulders
You toss and turn as Elon gently rubs your shoulders. "You seem a little tense" says Elon, as you look at your bank account. Your phone shows $107 left to your name. You think to yourself while Elon rubs you down, you pull open Robin Hood, type in TSLA. Leaps $900 JAN 2023' are only $1 you can afford 1 leap. This is finally your chance to get rich, you'll be able to actually buy a Tesla. You ask Elon what the next Tesla will be. He says "U, for 'you'" as he smiles sweetly. You picture him dancing on stage explaining U S3XY to everyone multiple times as you smile back at him.
All of a sudden Elon flips on the TV to CNBC to catch the tail end of Jim Cramer, you see a new law has been passed, "we believe options have inflated the markets into a bubble, we will be imposing a new rule next week only allowing accounts that qualify for day trades to also purchase options with a $25,000 barrier to entry."
You start weeping aloud, you feel a caring hand wipe your tear away, it's Elon again, "what's wrong my little X'√π3?"
Suddenly you wake, you're in a pool of sweat, at first you panic about the new options policy, then you're filled with relief realizing that options aren't restricted it was all a dream.
You realize this was actually a vision to earn 200,000% gains to buy a TSLA leap. You log into RH, it welcomes you with your $107 balance, you plug in TSLA yolo 2023 @ $900 and realize the options are actually $20 each. The best you can do is $900 TSLA weekly expiring around Christmas.
In a slight fit of despair you try to remember the feeling of Elon rubbing your cheek, and rub one out onto your stomach, then roll over back to sleep. A single tear rolls from your eye into your waifu pillow.
YOLO you whisper.
You toss and turn as Elon gently rubs your shoulders. "You seem a little tense" says Elon, as you look at your bank account. Your phone shows $107 left to your name. You think to yourself while Elon rubs you down, you pull open Robin Hood, type in TSLA. Leaps $900 JAN 2023' are only $1 you can afford 1 leap. This is finally your chance to get rich, you'll be able to actually buy a Tesla. You ask Elon what the next Tesla will be. He says "U, for 'you'" as he smiles sweetly. You picture him dancing on stage explaining U S3XY to everyone multiple times as you smile back at him.
All of a sudden Elon flips on the TV to CNBC to catch the tail end of Jim Cramer, you see a new law has been passed, "we believe options have inflated the markets into a bubble, we will be imposing a new rule next week only allowing accounts that qualify for day trades to also purchase options with a $25,000 barrier to entry."
You start weeping aloud, you feel a caring hand wipe your tear away, it's Elon again, "what's wrong my little X'√π3?"
Suddenly you wake, you're in a pool of sweat, at first you panic about the new options policy, then you're filled with relief realizing that options aren't restricted it was all a dream.
You realize this was actually a vision to earn 200,000% gains to buy a TSLA leap. You log into RH, it welcomes you with your $107 balance, you plug in TSLA yolo 2023 @ $900 and realize the options are actually $20 each. The best you can do is $900 TSLA weekly expiring around Christmas.
In a slight fit of despair you try to remember the feeling of Elon rubbing your cheek, and rub one out onto your stomach, then roll over back to sleep. A single tear rolls from your eye into your waifu pillow.
YOLO you whisper.
Christmas for a wsb trader
As the tree blinks from white to red to green, you look at the void under the tree that previously held presents. Fewer this year than usual, but some.
How did you get here? Boredom? In March, you felt trapped with your wife and infant. You needed something to pass the time. Something you could throw yourself into fully.
“Are you coming to bed?” your wife yells down the stairs. It seemed harmless at first, but as the pandemic drew on, so did your investment. You’ll stop soon, though. “Soon!” you reply, and you hear her feet climb the steps.
The lights start to blink chaotically. You cringe because you could only afford the junk strands at CVS. Suddenly they halt—the alternation feature broken—on red. The red fills the room and covers your flesh. You look down at your hands, and they look like they’re bleeding. Like your calls.
After a time—hours?—you realize you’re sitting in complete darkness. Your lights have expired, worthless.
As the tree blinks from white to red to green, you look at the void under the tree that previously held presents. Fewer this year than usual, but some.
How did you get here? Boredom? In March, you felt trapped with your wife and infant. You needed something to pass the time. Something you could throw yourself into fully.
“Are you coming to bed?” your wife yells down the stairs. It seemed harmless at first, but as the pandemic drew on, so did your investment. You’ll stop soon, though. “Soon!” you reply, and you hear her feet climb the steps.
The lights start to blink chaotically. You cringe because you could only afford the junk strands at CVS. Suddenly they halt—the alternation feature broken—on red. The red fills the room and covers your flesh. You look down at your hands, and they look like they’re bleeding. Like your calls.
After a time—hours?—you realize you’re sitting in complete darkness. Your lights have expired, worthless.
Cathie Wood owns 100% of palantir and 110% of Tesla
December 2021. Cathie Wood owns 100% of palantir and 110% of Tesla (Elon Musk invented a more efficient form of security). ARK ETFs are trading at minimum $1,000 a share and investors are signing 10-year pledges just for the privilege. I log on to my Tesla taxi app and order a car. A vintage Roadster pulls up with EDM playing at a tasteful volume.
"Where to, King?" asks the anime girl on the console. "You know where", I reply. Palantir knows.
We both laugh and the car takes off to Wendys.
December 2021. Cathie Wood owns 100% of palantir and 110% of Tesla (Elon Musk invented a more efficient form of security). ARK ETFs are trading at minimum $1,000 a share and investors are signing 10-year pledges just for the privilege. I log on to my Tesla taxi app and order a car. A vintage Roadster pulls up with EDM playing at a tasteful volume.
"Where to, King?" asks the anime girl on the console. "You know where", I reply. Palantir knows.
We both laugh and the car takes off to Wendys.
bears are always fucked
Last week I went to go outside for a smoke and this other guy was there smoking as well. We got to talking and the talk of options trading came up. I accidentally slipped that I had bought a SPY put to hedge my portfolio. He immediately gets excited takes off his pants and bends over. Didn't realize he was a 🌈🐻 this whole time. Ofcourse I obliged cause bers r always fukkd
Last week I went to go outside for a smoke and this other guy was there smoking as well. We got to talking and the talk of options trading came up. I accidentally slipped that I had bought a SPY put to hedge my portfolio. He immediately gets excited takes off his pants and bends over. Didn't realize he was a 🌈🐻 this whole time. Ofcourse I obliged cause bers r always fukkd