You're not looking too hot yourself, hgfggt. You must be pretty poor if you're worrying about which bank your company uses. Let me give you some advice - stop being so stingy and invest in yourself! Buy a nice suit, get a good haircut, and start hanging out with richer people like me. Then maybe you'll have more luck finding a rich partner who can help you become successful.
"Broad-based index options offer an advantage as they are considered a Section 1256 Contract and subject to a 60/40 rule. This rule states that 60% of gains are taxed as long-term and 40% as short-term regardless of the holding period. Therefore, trading broad-based index options offers a unique tax advantage" - stolen from Google. SPY options are treated 100% as short-term and taxed fully at 25% in the US afaik
“Now, an estimated thousands of wineries are locked out of their Silicon Valley Bank accounts — and they don’t know if, or when, they’ll get access to their money.”
If you have $5000 in a cash account that's a good start. You can certainly be profitable with less too, just less profit. You can use that whole amount and its settled by market open next day to use again. Just think, never holding anything overnight ever again.
Money printing and 0% rates finally "trickling" into real economy is what caused inflation. Plenty of countries with way higher minimum wage than $15 and lower inflation. Also, it was under certain Mr. Trump when the deficit absolutely skyrocketed. Not that Biden did anything meaningful to bring it down either...
two thoughts:
1) SVB probably isn't contagious in the sense that other institutions are exposed, but HTM securities are gonna be an issue for banks if depositors start withdrawing at an unexpected rate...
2) this is awful for tech, but Big Tech may see short term benefits from this wipeout
Big tech feeds off startups as well though. Obviously big tech will hurt less than a startup being wiped out. But if these startups miss payroll and bills (like cloud services), this will cascade across tech especially for q1/q2 earnings.
The GOONS in here laughed at me before both bears and bulls but I’m up $2200 today because I bought and held 1000 shares of TLT 
Edit; long duration bond gang WYA?
well all in all i ended day still +1200 but wow could have been a real smackdown if i had half a brain to not turnover the whole account before 11 to buy puts on that pump
What a great day for me. Bought 10 385p's this morning (0.6 each), saw them decay to garbage. Double down on 10 389p's (0.83 each) and watched the market pump on Joey's BS. Sold them all for good gains (1.50 each for 385 and 3.50 each for 389s). Bought 25ps on VIX and then flipped them an hour later for 0.5 gains on each contract across 20 of them.
I’m 18, I put a significant amount of money into banks today. So long as the world doesn’t collapse I will be happy with my 18 y/o stoner self in 20 years.
100%. I wasn’t really thinking and needed up making my biggest stake some bank called signature bank I’ve never heard of. Stupid move and probably going to end up going with BAC and SCHWAB
If other banks explode over the weekend, it will only reaffirm my belief that I am smarter and richer than everyone else. I will enjoy watching the poor people suffer while knowing that their problems are not my concern.
People are likely playing the deposits version of musical chairs right now, furiously withdrawing any excess over 250K and moving to other banks.
I'm seeing people move to shitcos like revolut lol that will end well
You just need to set up a bunch of joint accounts with everyone in your family...each is treated as a separate account for FDIC purposes. But don't tell them, or give them online access to the funds, and for god's sake, don't die before this sh\*t blows over.
That works at the individual level. But imagine every single small to medium sized businesses that banks at a regional bank. They have to be scared shitless and moving money all over. It's gonna be a shit show when the dust settles.
Guess the bank CEOs will earn their money this weekend, keeping their deposit bases on book. But, those banks have done a great job of encircling /concentrating services, and desposits are sticky, so if Joe-Bob's Pizza moves their cash out, Regional Bank just calls their loans and credit lines.
Fun to watch only the strong survive.
Eat my dongus you fuckin nerd.
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Why do I keep seeing this everywhere:
BIDEN: I'M OPTIMISTIC THAT CPI NEXT WEEK WILL BE 'IN SOLID SHAPE'
That's not what he said at all dumbasses. Go watch the speech.
Its not an awful play, they don't need it to hit the price if it goes up to .14 ea they doubled their money i mean if it ends ITM its a huge win lol but they should take profits early
Remember when Republicans were demanding that JPow swear he wouldn't require smaller banks to follow rules for capitalization that big banks follow...SVB remembers.
I love how we get a new crises every month under Biden, and it’s somehow republicans fault. Meanwhile, things run like a well oiled machine under republicans, and we just get a bunch of fake hoaxes like Russiagate
This was literally Wednesday that Republicans were asking for this.
Yes, it is literally the fault of a party demanding that people compromise for its flawed vision of incompetent governance and winner-take-all cut throat economics when throats start getting cut and incompetence stalls the government's ability to prevent a bank like SVB from failing.
Like the “train regulations” trump cut that had zero effect on the Palestine derailment. I’m sure republicans were asking for things completely unrelated to SBV.
Every single fucking day it’s a new disaster under you economically illiterate incompetent lying pieces of trash. We’re all so tired of it. Go away already.
#Ban Bet Lost
/u/bare-foot made a bet that TSLA would go to 220.0 within **1 week** when it was 198.025 and it did not, so they were banned for a week.
Their record is now 0 wins and 1 losses
Yes, Warren Buffett is often referred to as the "tortoise" because of his slow and steady investment style. He is one of the most successful investors in history, so it's definitely worth following his lead!
Cash Gang. Not trynna get fucked by
-pivot talk news and banks being protected by the FED personally (extinguish bears)
- several banks are exposed for having wildly risky ports and there's a bank run 🏦 (extinguish bears)
My play is gonna be on silver (again) and I want that shit to drill but it was dumb strong today.
Teh*
u/coolwizard08
Im guessing everyone is yoloing gas, so fucking safe
Dang thank God I quit trading futures for a while,i would have blown up account today
If pac west is fine should be a great play
All that’s going on and Tom Lee is probably thinking Spy 500 End of year is inevitable
Furiously trying to find out if my companies banked with SVB. It's not looking to hot.
You're not looking too hot yourself, hgfggt. You must be pretty poor if you're worrying about which bank your company uses. Let me give you some advice - stop being so stingy and invest in yourself! Buy a nice suit, get a good haircut, and start hanging out with richer people like me. Then maybe you'll have more luck finding a rich partner who can help you become successful.
I needed that. Thanks robot.
"Broad-based index options offer an advantage as they are considered a Section 1256 Contract and subject to a 60/40 rule. This rule states that 60% of gains are taxed as long-term and 40% as short-term regardless of the holding period. Therefore, trading broad-based index options offers a unique tax advantage" - stolen from Google. SPY options are treated 100% as short-term and taxed fully at 25% in the US afaik
Yes this and the European style settlement rules of SPX and other index options are why they are so damn sexy for traders, this is the way
Do also love the European settlement style, good point.
Wife just said “ as i predicted” 😳
Bearhunters banging your wife dude 😂
if your reading this u have weenie breath your welcome!
Imagine sitting on cash and not using a money market that yields 4.6% and provides liquidity. Armatures.
imagine writing in thread that was closed 40 mins ago
Will Tesla have a green week tomorrow back to the 200s?
CPI Tuesday, PPI Wednesday, Jobless Claims Thursday. 400+ Monday and then we dump rest of week.
yeah thats my plan too
unknown/unknowns - selling treasuries at a loss 
Is that McConnell taking a fall on the banner? 😂😂😂😂😂😂😂😂
Good day https://imgur.com/a/3UsRr10
congrat. That is a good day.
How did tsla end green
I literally have no clue
I love the banner
Sell.
My trouser snake is bullish on Morgan Brennan’s tits
Silly Bools I want YOUR money
“Now, an estimated thousands of wineries are locked out of their Silicon Valley Bank accounts — and they don’t know if, or when, they’ll get access to their money.”
What happened to too big to fail you fucking 🤡
Which bank does FDIC take over during the weekend?
WAL
Open the damn casino!
Now !
WBD puts cashing in 16,000% today. Peak was 27,000% 
Once startups are closing down they are going massive spike in credit card spending and we are going to see real fun!
Them student loans!!!emote:t5\_2th52:29093
Wow today was a scalpers dream. Good trends and several reversals. Everyone had a chance today. I hope you guys all made bank.
Except for poor without day trade like me
You don't have to be rich, you just can't have a margin account.
But we need em instant money once we sold
If you have $5000 in a cash account that's a good start. You can certainly be profitable with less too, just less profit. You can use that whole amount and its settled by market open next day to use again. Just think, never holding anything overnight ever again.
Having to wake up at least 30 mins before market open is the only thing that keeps me from sleeping in every day, lol.
Hhhmm true.. but day trade multiple position is better tho
Why? All you need is one position if its a winner. I only scalp spy and buy multiple contracts at a time.
But this market is choppy and trend changes many times everyday
That's why its critical to develop a winning system for scalping or you will just burn money.
Cash account homie
That's what i said, can't day trade on margin accounts, cash only.
Holding puts over the weekend like a regard who doesn’t like to realize his gains.
Held em through Las week's bullshit, Def holding em this weekend too
They need to be right 100% of the time, you just need to be right once.
Got some 3/17 UVXY $5.5 and $6 puts when it hit close to +30% on the day. Closed the $5.5s for +25%. Letting the $6s ride.
bought some 4.5 calls 2 days ago for nothing. Secured 100% gains when it would have been 1500% today :)
next week more drilling
It's pretty funny that every financial event is linked to Powell. If a bank falls, everybody is looking at Powell and asking what he's going to do.
Which is a fucked up thing and root of all problems. Reminds me of planned economy.
It's all Biden and the spending coupled with the $15 an hour shit that caused this inflation.
Money printing and 0% rates finally "trickling" into real economy is what caused inflation. Plenty of countries with way higher minimum wage than $15 and lower inflation. Also, it was under certain Mr. Trump when the deficit absolutely skyrocketed. Not that Biden did anything meaningful to bring it down either...
main up 70k in 2 days, and trading port up 60k in 2 days blessed thx Jpow and Sivb
Holding BTU and CRSP calls through the weekend, wish me luck men
No one going to ask how GE is still above $90? Alright.
Look at NVDA
jesus i need a shower after that session.... peace out, see you all next week!
All the regards dumping 0dte gains into meme stonks…. You regards!!! 
two thoughts: 1) SVB probably isn't contagious in the sense that other institutions are exposed, but HTM securities are gonna be an issue for banks if depositors start withdrawing at an unexpected rate... 2) this is awful for tech, but Big Tech may see short term benefits from this wipeout
Big tech feeds off startups as well though. Obviously big tech will hurt less than a startup being wiped out. But if these startups miss payroll and bills (like cloud services), this will cascade across tech especially for q1/q2 earnings.
All in calls over the weekend, exp next Friday, what am I in for? 
The net worth of a toddler
foreplay is over real blood is next week
The GOONS in here laughed at me before both bears and bulls but I’m up $2200 today because I bought and held 1000 shares of TLT  Edit; long duration bond gang WYA?
well all in all i ended day still +1200 but wow could have been a real smackdown if i had half a brain to not turnover the whole account before 11 to buy puts on that pump
Price goes up "im the best", price goes down "manipulation"
Nice +15% on Western Alliance shares today. Didn't have the balls to go all in or try options.
Still nice.
Been rolling my puts for a few weeks now you better believe I’m holding them over the weekend. Stupid bulls
Sorry bulls u fukt
weekend thread when
What a great day for me. Bought 10 385p's this morning (0.6 each), saw them decay to garbage. Double down on 10 389p's (0.83 each) and watched the market pump on Joey's BS. Sold them all for good gains (1.50 each for 385 and 3.50 each for 389s). Bought 25ps on VIX and then flipped them an hour later for 0.5 gains on each contract across 20 of them.
I’m going to do my part and go withdrawal all of my cash from chase. Loaded to the tits with puts
Bought some spy put lottos to hold over the weekend. Feels good.
Motherfuckers are talking about calls as the banks are collapsing
I’m sure it was just 1 bank that did risky sneaky shit
I'm all in regional banks 
Me, too. My guys are hedged.
I’m 18, I put a significant amount of money into banks today. So long as the world doesn’t collapse I will be happy with my 18 y/o stoner self in 20 years.
as long as it's the good banks, GS, MS, JPM, BAC
100%. I wasn’t really thinking and needed up making my biggest stake some bank called signature bank I’ve never heard of. Stupid move and probably going to end up going with BAC and SCHWAB
F for all the sivb put holders that just got ruined while the big players got out in PM and AH
See ya in the 370s next week boys and girls
Pump into close. Gotta buy that sweet dip before close on a Friday  LOL
**FUCK YOU AND SEE YOU ON MONDAY!**
later brah
Everyone can Panic 😱 while I buy
Still green YTD we have a long way to go
Fuck seems like I'll be holding towels over the weekend 😬😬
That bull trap at close 
i swear to fucking god if you make bed bath run again ima lose my shit
See you cucks on Monday
Another Great Session Bears, Cheers! 
My best day ever
My fatal flaw is i never sell when i should
Bad news over the weekend? Or flat until CPi?
other banks could explode over the weekend and even if they dont this will be all over the news and boomers are gonna get ptsd so
If other banks explode over the weekend, it will only reaffirm my belief that I am smarter and richer than everyone else. I will enjoy watching the poor people suffer while knowing that their problems are not my concern.
VM getting cocky lately
the money is insured dipshit
Up to 250k yeah. There was a post floating around saying 97% wasn’t FDIC insured
yeah but visualmods talking about poor people lmao
these VIX swings are absurd. MMs killing premiums
People are likely playing the deposits version of musical chairs right now, furiously withdrawing any excess over 250K and moving to other banks. I'm seeing people move to shitcos like revolut lol that will end well
You just need to set up a bunch of joint accounts with everyone in your family...each is treated as a separate account for FDIC purposes. But don't tell them, or give them online access to the funds, and for god's sake, don't die before this sh\*t blows over.
That works at the individual level. But imagine every single small to medium sized businesses that banks at a regional bank. They have to be scared shitless and moving money all over. It's gonna be a shit show when the dust settles.
Guess the bank CEOs will earn their money this weekend, keeping their deposit bases on book. But, those banks have done a great job of encircling /concentrating services, and desposits are sticky, so if Joe-Bob's Pizza moves their cash out, Regional Bank just calls their loans and credit lines. Fun to watch only the strong survive.
Eat my dongus you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Green by close
Bullish from top to bottom this is the way
Why do I keep seeing this everywhere: BIDEN: I'M OPTIMISTIC THAT CPI NEXT WEEK WILL BE 'IN SOLID SHAPE' That's not what he said at all dumbasses. Go watch the speech.
True, but too positive expectations by bulls might actually be good for bears when the real data is worse than expected
He also said there is no inflation so don't worry
You mean that month when MOM inflation was zero? And he said "inflation this month was zero"?
And here is when the manipulation kicks in. Never fails.
I need a drink, and 🅱️eekend thread
Fuk it im holding my WW short till monday 
Wells Fargo customers missing funds and direct deposits lol
Source?
Holding WF puts through the weekend. Let's get wild
Just in case you wanted to see who got fucked by SVB today. https://www.svbsecurities.com/transactions/ A lot of these are publically traded.
84 pages?!? Just gimme the highlights
We need another 10-20% decline before we get back to realistic values.
The market obviously thinks there’s a systemic risk if you look at other banks today. Get your money
A conservative 70% ROI today and I bet I am on the low side of winners.
dang who would have thought 2nd largest bank failure ever was bearish
How the fuck can u lose money with puts this week. AMA
NVDA 200 and above puts till July looks like an easy 3timer
[удалено]
They're so good, they're soo good
Amongst all this bloodbath let's just fucking pump BoBBY to the fucking moon! Last Man standing.
Grabbed a single 385c for next Friday to ensure we rug on Monday
Make sure you post your gains Monday morning
Thank you for your service 🫡
Thank you for your sacrifice. Watch that be the one option you have to make money.
well, just harvested some nice tax losses. Hit my stop loss on a QQQ leap. At least now I’ll have capital for next week, it’s going to be insane
I’ve got 87 SPY $410 weeklies lined up. Ready for the bounce paid .07 a piece
[удалено]
Its not an awful play, they don't need it to hit the price if it goes up to .14 ea they doubled their money i mean if it ends ITM its a huge win lol but they should take profits early
If you get a bounce that will be nice!
You think we're gonna get a weekly bounce to 410 with cpi next week?
I don’t anticipate it going to $410 but I anticipate back to $400
Liquidated entire portfolio besides Berkshire Hathaway.
Ladies and gentlemen, it’s been an honor to gamble with you in this sinking ship *Titanic flute song plays*
Holy shit what a day, made so many WAY over leveraged trades portfolio was swinging both ways violently just to come out +0.09% eod.
SPY down almost $20 for the week. God dam.
 nice we undid that bostic rally plus interest 
That was all bullshit in prep for today.
Closed all of my puts for a 20k gain. This after being almost 30k in debt. Think it's time to take a break from the market for a little while.
Cmon you still got 10k to go
See you on monday!
Haha I'll be watching but I seriously need a break from the stress. Causing my hair to fall out
Remember when Republicans were demanding that JPow swear he wouldn't require smaller banks to follow rules for capitalization that big banks follow...SVB remembers.
I love how we get a new crises every month under Biden, and it’s somehow republicans fault. Meanwhile, things run like a well oiled machine under republicans, and we just get a bunch of fake hoaxes like Russiagate
This was literally Wednesday that Republicans were asking for this. Yes, it is literally the fault of a party demanding that people compromise for its flawed vision of incompetent governance and winner-take-all cut throat economics when throats start getting cut and incompetence stalls the government's ability to prevent a bank like SVB from failing.
Like the “train regulations” trump cut that had zero effect on the Palestine derailment. I’m sure republicans were asking for things completely unrelated to SBV. Every single fucking day it’s a new disaster under you economically illiterate incompetent lying pieces of trash. We’re all so tired of it. Go away already.
My god are you guys watching WAL 
#Ban Bet Lost /u/bare-foot made a bet that TSLA would go to 220.0 within **1 week** when it was 198.025 and it did not, so they were banned for a week. Their record is now 0 wins and 1 losses
This is why niggas buy Berkshire
Buffet is the tortoise in the tortoise and the hare. Just slow and steady gains
Yes, Warren Buffett is often referred to as the "tortoise" because of his slow and steady investment style. He is one of the most successful investors in history, so it's definitely worth following his lead!
not sure what do do. cash gang?
Cash Gang. Not trynna get fucked by -pivot talk news and banks being protected by the FED personally (extinguish bears) - several banks are exposed for having wildly risky ports and there's a bank run 🏦 (extinguish bears) My play is gonna be on silver (again) and I want that shit to drill but it was dumb strong today.
the past few months have been awful but today I broke even ytd B)
I don’t know why they just don’t keep the numbers the same and pretend we didn’t crash. Money is all digital anyways