Trending Assets
Top investors this month
Trending Assets
Top investors this month
@drrachelstocks
Rachel Wolitzky
$36.7M follower assets
šŸ•µļø Psychologist obsessed w behavioral finance, markets, social investing // 20 yrs psychology, 8 yrs stocks, +3 yrs options, new-ish crypto, NFTs... šŸ†’ transparency, accountability, vulnerability, growing together ā¤ļøā¤ļøā¤ļø LOVE my people
249 following941 followers
Bought 100% more ADBE $525 Calls
BULLISH
7/21/2023 Exp, Opening
06/15/2023
1 Comment
1 Upvote
crazy $ABDE options trade
*I canā€™t find the other two trades to link, this is the last leg so hereā€™s the context:

On Wednesday I made this crazy ADBE options trade ER play. I bought a 500 call and sold a 520 call.

Basically regret minimization - i didnā€™t want to be mad if ADBE went way up, so I bought a debit call $500/520 spread, max gain $2000, willing to risk the whole $500 (what I paid).

But thatā€™s not the crazy part. The crazy part is ER is tonight and the calls expired tomorrow. I try to avoid short dates calls because I donā€™t like to have to make decisions in one day. And some things need time to play out. But I liked the spread and the price, so I decided to do this as an experiment and learning experience.

And then at the last minute (between work sessions at 3:15pm) I rolled the 500 call to 525 for July. But left the other one alone. I have no idea if this was the right move or what Iā€™ll do tomorrow lol.

Let me know if you have any suggestions! šŸ˜

ps- so grateful for commonstock where I can embarrass myself in front of everyone šŸ˜‚

With great buying power comes great responsibility $HOOD
I have a robinhood account* that I play around in and they just gave me more ā€œbuying power.ā€

I donā€™t remember asking for the margin, though maybe I did, or agreed to something or whatever. But it just popped up on the screen as ā€œbuying power.ā€ If I didnā€™t do the math itā€™d be easy to think it was just my money, ie cash money, not the ā€˜ability to borrowā€˜.

I guesss itā€™s sort of like a credit card that keeps raising your limitā€¦ you donā€™t have to use it (and hopefully you donā€™t!). And I never mind if credit cards raise my limit.

But itā€™s not like a credit card, in part because of shady labeling - calling out Robinhood on the UI maybe, but the whole industry on the verbiage - borrowing money with interest should be associated with the word ā€œlimitā€ not ā€œpower.ā€ šŸ¤Ø

*trying to link this account to commonstock but having technical difficulties, along with other technical difficulties with the iPhone app (yes, latest version) :(

Bought 100% more PYPL $75 Calls
BULLISH
1/19/2024 Exp, Opening
06/06/20233 Upvotes
$PYPL 75/85 Dec call debit spread
Whispers of PYPL option flow a few days ago, was thinking about it. Seemed to show relative strength today, including at end of day.

Loving vertical debit spreads lately, so paired this with selling an 85c. Went out long to give it time to dance.

Nice! With PYPL at $65 now, is there a level you could see yourself selling at prior to it hitting the strike price?
+ 1 comment
Bitcoin machine IRL
So Iā€™m at a liquor store in NJ on Christmas Eve (donā€™t ask)

And I see this

Iā€™m obviously confused, and what I discover, directly to the right of the door when I walk in, is this

I donā€™t know if commonstock supports video, but thatā€™s a live ticker feed on the bottom of the screen. Also, as circled, apparently, you can insert cash.

I donā€™t know what exactly this machine does. I did not try to use it, although in retrospect I wish I had. And I have not done any more investigating.

But my mind is blown.

Then, in the back corner of the store, there is this

which I think is a machine people used to use for something called cash šŸ˜œ
post mediapost mediapost mediapost media

Unless youā€™re an algo you have emotions / how are you feeling? Iā€™ll start..
Personally, feeling a bit traumatized by some of the price action in stocks, and the speed of moves.

I definitely did some anger-selling today, of the ā€œI like you but canā€™t look at youā€ variety. Almost at random, really poor form. Impulsive and not advised. But thatā€™s what happens when I have no plan and canā€™t pay close enough attention to make one. Examples $NET $FUBO

I also did some anger-stop-loss-setting, which was maybe more reasonable, but didnā€™t feel as good in the moment.

The way I balanced it out (psychologically) was to add a little bit to other positions, but this was little more thought out than the rest. Examples $U $SI

I could lay out a ā€œrationaleā€ for each of these, but itā€™s debatable how much of that would be post-hoc

T__o _be _continuedā€¦n__o _draft_ butto__n _and_ bab__y _just _home _from __ _school, s__o _posting_ mid-thought __

I really appreciate this update simply because it's a good documentation of what it feels like to be in the moment. I think a lot of us are feeling this way right now.
+ 2 comments
Are people watching $PEOPLE ?!! šŸ‘€ @constitutiondao šŸ“œā¤ļø
Still having trouble processing.
I made a donationā€¦ then some master villain outbid us on the constitutionā€¦ and now these tokens are doing whatā€¦? and that same master villainā€¦ WOW and the connection to the WSB / GameStop saga šŸ¤Æ

2021 is funcertain times for sure.

From 45 min ago (?)
Who knows whatā€™s happening now

Packy ā¤ļø

Funny

Random collection ;)

ļæ¼
post media
X (formerly Twitter)
onebtctrip (@onebtctrip) on X
@SuzyCubesy @fran_rimoldi @RyanSAdams $people fail to win constitution token 30x in 5 days power to the peopleeeeeeeee (šŸ“œ,šŸ“œ)

Watchlist
Something went wrong while loading your statistics.
Please try again later.
Already have an account?