call on call

Selling calls on calls?

Someone sent me an e-mail today, linking me to an interesting question on /r/wallstreetbets. Here it is: The answer to that question is that you are indeed allowed to sell calls on your calls. Before we go on, let us sum this (rather advanced) situation. Given a certain stock that we will call ABC inc. […]

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cost of revenue snapchat

SnapChat is crashing? I NEVER SAW THIS COMING!!!

So I’ve already written on Snapchat a couple of times now because very frankly, giving a $30B valuation to what is essentially a profitless app is absolutely asinine. When the top argument of your prospectus is how you can use “lenses” to promote movies, you know your business shouldn’t have passed the $1B market cap. […]

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Project 250k: Starting up (First trade: WD-40)

WD-40 (NASDAQ:WDFC) should handily beat earnings estimates and rise quite a bit this earnings season. Overall, I don’t see this stock going anywhere in the next year or two, but I do not think they will go down neither. Little hype is built into their earnings release and while I don’t think they’ll hit another […]

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Project 250k

Announcing Project 250k:¬†Can a Master Trader earn $250,000 USD ONLY by trading earnings AND after posting all his trades ahead of time? Trading earnings has always been my specialty. Last season, I went pretty much perfect, with only a few minor problems on SBUX and COST (namely, my puts expired pennies out-of-the-money) and one blunder […]

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plastic miss fresh

Blue Apron IPO (APRN): The World’s Worst Idea

So a few weeks ago I registered to something called Miss Fresh. It’s like Blue Apron¬†(NYSE:APRN) (who’s about to do an IPO), except… Actually, it’s pretty much like Blue Apron, so let’s talk about this for now. So a few weeks ago, I tried Miss Fresh, the home delivery service. Like, you pay them and […]

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I fucking love Donald Trump

Sorry for cussing, but I just had to say it. But seriously though: I made so much money since Donald Trump was elected that I might myself run for president one day (LOL). In case you wonder, here’s the recipe for printing free money: 1. Wait for Donald Trump to tweet something stupid -OR- wait […]

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