Given you have more than a year, you will recover more for sure. It will probably go to 240 in next 2-3 months & if next earnings are good, 300 is a possibility
Look at all the price targets after the recent earnings
So, I was doing some earning lotto play. I almost bought PUTS, like till the last "swipe" to submit the order on Robinhood.
But as the fate had it, I flipped and bought CALLS thinking ORCL is oversold.
Exit and buy oracle puts. Stocks move in momentum. Its kind of over for oracle for now. It will go down further before going back up. Of course noone 100% can predict the market but I never seen market recover right away. They have alot of debt which worries people
Your leverage on a LEAP is usually 2 to 2.5 : 1 when accounting for premium paid vs just buying stock. So it has its place, especially when you are very bulling long term
Best on stocks like AAPL or MSFT where IV is extremely low but they can make gigantic outsized moves when oversold. Apple leaps went up over 3x during this 40% run. Meanwhile on stocks like ASTS, the ITM/ATM leaps barely give 1.1x-1.2x leverage since the IV is 100%.
Hasn't stopped me from buying ASTS LEAPS 🤣 so far the only one not in the green was my most recent that I bought friday morning right before the stock tanked from 85 to 75
It cuts down on the time value paid, at the cost of lower leverage (more money tied in). It's a completely valid trade-off to make.
Just pick a random big cap options contracts list for a distant expiration date and calculate the extrinsic value for each of those strike prices. You will likely be surprised, given your comment.
I hope you know, how break down ITM options premium into its intrinsic and extrinsic component?
It's a strategy to minimize risk and works in a slowly climbing bull market. Buy way out, deep in the money index fund calls and watch it 2X the S&P. Won't make the front page of WSB, but nothing wrong with 20%-40% returns.
Join WSB Discord
Bro is no Oracle, that is for sure.
Bought at the top, I hope it recovers
same bought for like $314 a share
If they are shares, congrats, you are a proud ORCL owner, see you at 500+. Not sure when, but eventually!
The optimism is INFECTIOUS
you have until next year, let it ride
Jan 15 expiry- plenty of time
2027 too
Cope. This call is done for. It will slowly fall apart each day while you think it's going to recover
He has a whole year my guy, Oracle could partner with Tesla to make robot data centers in space by then
My guy do you know of a thing called theta?
Do you? Theta isn’t doing shit for quite a while. There’s plenty of time for a rebound in 6 months to dig out of -70%
I watched spy calls go from $100 to $1000 back to $300 to $800 in the matter of months and they expire this January…
You belong here
🐻 make 💰💰 🐂 make 💰💰💰 🐷 make 🥩🥩🥩🥩
Pig makes beef ?
🤣🤣
All you regards really need to learn risk management. I was there too once.
Stop bleeding. Draw a line. Don’t survive on hopium. Best loser wins. Cut losers fast. Exit on invalidation, not on exhaustion.
NGL, this is the skill and mindset l don’t have.
If you have to start "hoping" your stock goes back up then you messed up.
Betting on the same scammer who caused the dotcom bubble implosion is pure retardation.
Oracle caused.com?😂
literal nonsense
[deleted]
No one ever went broke taking profit
The quote is nobody ever lost money taking a profit. Plenty of people go broke making a profit, if your income doesn't exceed your expenses.
https://preview.redd.it/sr5vrdyd2w6g1.jpeg?width=988&format=pjpg&auto=webp&s=12f71fee321d131a4602446b529aace89560bfbb
Betting on the least interesting company ever that no1 cares about, nice
https://preview.redd.it/vv1i87d84w6g1.png?width=1024&format=png&auto=webp&s=23217cd26bd0c3f573e5b028ffee8d9406a83f9b
LMAO
I’m buying leaps if we drop close to 150-160
Ancient tech behemoth just needs to double in a year, absolutely can’t go tits up 🤣
It will be back 🔥🔥🔥
You have a year. Stop
Who tf spent that much on a single contract?
https://preview.redd.it/n5wjnad9yv6g1.jpeg?width=493&format=pjpg&auto=webp&s=6b0b8fb463d971829c1e317f9796de2af5866624
Mommmm dads posting on WSB again
Yeah
Oracle laughter soon enough 😠😠😠
Rest easy retard, we got it from here.
These were OTM when you bought in. You were slaughtered then too
Well deserved
2027 you're good kek
At least it’s only one.
Good to know I’m not the only one :) avg down time baby
Fantastic
i thought my 220 call for ER was bad.
Are you holding till expiration?
Given you have more than a year, you will recover more for sure. It will probably go to 240 in next 2-3 months & if next earnings are good, 300 is a possibility
Look at all the price targets after the recent earnings
So, I was doing some earning lotto play. I almost bought PUTS, like till the last "swipe" to submit the order on Robinhood.
But as the fate had it, I flipped and bought CALLS thinking ORCL is oversold.
got cooked nevertheless.
Why you buy oracle
This option expires in 15 of jan 2027. How is this a slaughter?
You are a regard indeed.
Buy another in January and let em ride till next summer or so
Should average down if you believe in the play bro
Feels bad you bought the top
Also consider selling calls against it lol
Never once did hit even consider buying puts as you watched it go down.... crazy
Exit and buy oracle puts. Stocks move in momentum. Its kind of over for oracle for now. It will go down further before going back up. Of course noone 100% can predict the market but I never seen market recover right away. They have alot of debt which worries people
lol
I don’t understand why would people buy in the money leaps for so much premium
Your leverage on a LEAP is usually 2 to 2.5 : 1 when accounting for premium paid vs just buying stock. So it has its place, especially when you are very bulling long term
Best on stocks like AAPL or MSFT where IV is extremely low but they can make gigantic outsized moves when oversold. Apple leaps went up over 3x during this 40% run. Meanwhile on stocks like ASTS, the ITM/ATM leaps barely give 1.1x-1.2x leverage since the IV is 100%.
Hasn't stopped me from buying ASTS LEAPS 🤣 so far the only one not in the green was my most recent that I bought friday morning right before the stock tanked from 85 to 75
Ive been bulling long time
It cuts down on the time value paid, at the cost of lower leverage (more money tied in). It's a completely valid trade-off to make.
Just pick a random big cap options contracts list for a distant expiration date and calculate the extrinsic value for each of those strike prices. You will likely be surprised, given your comment.
I hope you know, how break down ITM options premium into its intrinsic and extrinsic component?
High delta. Pretty sure that’s how institutions do it (deep ITM, 0.85–0.90 delta), but we don’t have institutional money, so yeah
It's a strategy to minimize risk and works in a slowly climbing bull market. Buy way out, deep in the money index fund calls and watch it 2X the S&P. Won't make the front page of WSB, but nothing wrong with 20%-40% returns.
Buy leaps they said. image being -73% on fucking leaps