BP

AffectionateTour3021

Logan called for 50 BP increase last night. I don't think market cares lol

Me-Regarded

I gas up there but not if the lines are long, nope BP it is, and I can get a nice coffee

Jason_Steakcum

How many billions in BP do I need in order to sell 150 fuckin naked puts on MU

I_know_nothing_42

If you have 2500 you can open up a tasty account with full margin. Start out selling puts in SOFI. 20 delta. 2 contracts would put you at just under 20% BP used. sell it to expire before earnings. You don't want to have anything open during earnings. Earnings is when the stock moves I don't expect much upside surprise in consumer fintech. Your adding in way more a month than you can make selling options. So go slow. Keep your BP used below 30% and you can take assignment if you want, but you can make more just rolling puts a few times. Just be careful with sub $20 stocks. There is usually a reason for the low price. I think of $20 as the new $10. There are a lot of dog stocks that you should not own and with increased rate and debt pressure between the Fed and AI debt issuance. There will be a lot of strain on poorly performing indebted companies in the next 6 months as they try to roll over debt.

sport912x

Most that talk about this are just doing an enhancement to their BUY AND HOLD of stocks , usually but not always as a CSP. Nothing wrong with that , but that is not really an income strategy. You will end up bag holding stock. The way that Tasty and now LossDog pushed this was by Selling Naked Puts using Buying Power in an approved Margin Account . The difference between a Csp and Naked Puts with BP is the following. A $200 strike as a Csp requires 20k, as a Naked Put in a Margin Account 2k-3k BP. There is a difference in leverage. If you are always willing to take assignment (because you are an ethical trader) then you will tie up your capital in stocks. If you are just Sellings Puts for premium, try to close early or roll and never take assignment. When assigned you sell the stock and take the loss and move on. I guess that makes you an unethical trader. Me I am in it for the money, not ethics. The wheel is great if you have 2 million in capital and are willing to put it in stocks. Just Selling Puts still requires bucks, since you have to keep over half of your capital dry in case your puts get in trouble. So no , I think if you are looking for 100k a year you will need over 500k in capital. For 100k you could do 5-10 Puts a month and even that might be close. At $100-$300 profit for each trade you see the limitations. I am talking about decent Puts in stuff like QQQ and SPY bringing in 300-600 in premium and maybe you keep half.

The_Glass_Book

Credit spreads are very good strategy. If they suits you and your portfolio this is good starting point. You can also try short naked puts on smaller underlings (few from my list: UNG, KWEB, NKE, KWEB), as you said watch for volatility level - I prefer IVP (more accurate than IVR). BP for short put (for example) on UNG - only $250BP. Watch also liquidity. Naked strategies have greater theta retention than defined risk - you can manage and be defensive. Don't exceed 5-7% of BP per position. this is hard limit to diversify

The_Glass_Book

I don't want to choose any 1 best strategy. Mathematically this has the same payoff profile as short put with significantly less bp: unlimited downside and capped upside. Todays numbers on SPY and RegT acc - 100 stocks + CC: $35k BP, short put for 51days only 14k of BP. You can also do PMCC: Synthetic long stock + Covered Call ($15k bp). Stock gives you staying power, you can wait as long as you want to rally, but you can't manage, you have 50%POP and no way to manage

The_Glass_Book

Good opportunity. Calls are juicy now. EWZ have very low correlation compared to market, 0.21 to SPY. In my portfolio I had many strangles with very high POP, practically all of them were winners - only 1-2 strike was once breached in past few months. It has also very small size - $37. Strangle BP \~ 400USD. When you trade on that big underlying you feel like surfing on wave.

The_Glass_Book

Yes, but I'm strategy indifferent. You can also try ZEBRA and Short Synthetic Stock - ZEEHBS. In my portfolio it works great! Especially in low-vol environment. It is also a good hedge and premium diversification. If you have PM account it releases BP!

noobletato

Might do that. No conditions yet and healthy weight, if not a bit under, but high BP runs in my family so it's gonna show up at some point

Burger_Gouger

Go to the doctor and get BP meds. It’s like a performance enhancer because you can go bigger and bigger without risking health

jarMburger

Sell a leg closer to the money and then buy a leg further out. Limit impact to BP and set max loss.

SwordfishLopsided

Yes, that's the beauty of futures option: it is technically a derivative of a derivative and somehow worked out to a lower BP requirement, plus in your case near 24hrs coverage

Low_Plastic363

It's gone up another BP in the last hour. 5.21

Independent-Ask8248

Im sure you are. Meanwhile in real life in the 70s during the oil shortages the 40 years claim was made regularly. 1975+40=2015 so about 10 years ago depending on when the claims were made. And in the 90s I remember listening to people debate about it and multiple outlets and scientific journals saying peak oil would be in the early 2000s and then we'd be running out of 'cheap oil for industrialized nations' not long after that. BP in the early 2000s said we had 41 years worth of oil left and many people ran with that as a statement of undeniable fact and fear mongered off that as well. Then you had the NYTs more recently around 2010 saying we had 50 years left. This claim is endless, and will never stop. Just like the climate change thing how we're all going to drown because of global warming and rising sea levels, even though Antarctica has actually been gaining ice for awhile now. Alarmist are almost always wrong, and as younger people run into the same claims they lack the experience to recognize them for what they are... Same reason I was paying attention to them in the 90s lmao.

papakong88

>What is your definition of a naked put ? A naked put is an options strategy in which the investor writes, or sells, put options without holding a short position in the underlying security. A naked put strategy is sometimes referred to as an “uncovered put” or a “short put” and the seller of an uncovered put is known as a naked writer.  Ref: [https://www.investopedia.com/terms/n/nakedput.asp](https://www.investopedia.com/terms/n/nakedput.asp) The writer can use the buying power of his account in place of a short position. The BP required is known as BP required or margin required.  The cash and securities in your account have BP. For this discussion, I will assume that the BP is from cash. In my example, I am comparing selling a Oct 16 NVDA 212.50 CSP for 2.05 vs selling 2x205 puts for a total of 2.06. The CSP requires a collateral of 21,250 while the collateral for the naked 205 put is initially at 9,000 total, but can increase to 11,000 if the puts are ITM.  (That’s why I sell 2 only) So the naked puts have a higher rate of return. The 212.50 put has a delta of 0.20 while the 205 put has a delta of 0.11. Which position is riskier will depend on how the risk assessment is made. I will pick the 205 puts as less risky. There is no correct  answer. 

papakong88

Continue what you are doing. Instead of selling CSP you can sell naked puts to be more efficient in using capital or to reduce risk. * Higher rate of return For example, Oct 20 NVDA 212.50 CSP requires 21,250 in BP but a naked put requires 4,375. Therefore, the naked put has a higher rate of return.  * Lower risk The 212.50 put has a delta of 0.20 and is $2.05. A 205 put has a delta of 0.11 and is $1.03. So So one can sell 2 x 205 put to get the same dollar amount but at a lower risk.

Temporary-Scratch-24

I do something vaguely similar in PM, but on QQQ. Instead of strangles/straddles, I do jade lizards (I believe Tasty refers to them as “Big Lizards”)? The profile is similar to an iron condor/butterfly, but only one side is “capped” (I cap the bull side bc I am long term bullish). The issue is that it’s not really a theta play (if you call that an issue) and is closer to a delta play (pretty much a normal LEAP but for a credit, and for at least my portfolio generally adds BP) It works for me since I have a long time frame, and I convexity hedge short term actively to mitigate margin call issues. Another issue is huge run ups are capped, which isn’t necessarily bad bc you can roll up and maintain date (if you remain bullish, of course). Since you mentioned SNKD, I would imagine you could do it here too, but for me I prefer doing it on the index. Just be careful of bid-ask spread drying up in the future. For example, let’s say (by some wild world) nobody really cares about SNKD after a few months. I would imagine OI plummets, Bid-Ask widens, and your mid price will reflect this affecting your NLV. This may cause some problems for margin efficiency. I would imagine that, while this is u likely, it may be something to consider (I have more conviction the index wouldn’t be as likely to experience this)

papakong88

Yes, you can if you have the approval level to sell naked calls.  The naked 30675 call will require 730K in buying power as collateral at Schwab. It is higher at other brokers like Fidelity. You can sell call spreads which require a lesser amount of BP. You will need the approval to sell spreads but it is one tier lower than naked options but one tier higher than covered calls.

SwordfishLopsided

2% of BP seems big, I use net liq

GainDelicious1894

Buying power is hard to calculate and you always need a lot of BP! 

whatsgoingonhonestly

.5% BP hike next month :ahyes:

Sick0h

When you just buy some random stock after hours with any available BP because you’d rather lose money than sit in cash for 17 hours 🤷🏻‍♂️

wl-hung

And a lot of treasury money market funds pay 10-20BP higher than savings accounts, and still people keep their savings there.

imustbegthequestion

So... With all the money y'all be making off the 1R3N war, $XOM $CVX $BP..., y'all gonna contribute to the #Hyperfund for all the petrochemical lawsuits that energy company's, like $DUK in Lake Norman, are futilly fighting right? RIGHT? Otherwise, 0.05 USD off at the pump ain't gonna cut it.

Vlisa

AXIOS Breaking News: Daktronics $DACT secures multi billion dollar deal with Shell, Exxon and BP to replace all gas station signs with 4 digit displays.

Tokyo-Dream888

hope they didnt trick you like the BP in miami try to, with a massive difference between the cash price vs card

Sawyer_Anderson

My only regret is not being able to open more because other options are eating up my BP i'll be good in oct/nov though and then we doubleing down on space X

DoubleRefusal

should've been a 50 BP hike

ShroomGrown

My local BP put diesel in the gasoline.

CMTTrader

I am 4x leveraged for the first time in months. Full ported 100% at Warsh bottom, 100% more full overnight BP yest AH/overnight/today pre-mkt, and full 200% Intraday BP now 👍 LMAO

lll_lll_lll

The market hates uncertainty so getting certainty on the rate rising only 25 BP will cause a little bump yes

Nobody98_8

If Energy keeps going higher and US doesn’t try to stop the bleeding on its debt (honestly we all know that ain’t happening), Fed will keep trying to hike 25 BP each time since today

houcok

Now that fed has raised rates by 25 BP, is it still good for NVIDIA? This stock was trading all over the place after the announcement.

klipsetrades

Yeah, then that would explain the exact $7,200 pretty cleanly. My guess is it’s just an intraday reconciliation issue and the extra BP disappears once everything fully updates

spellbadgrammargood

Warsh should've went more than 25BP

The-Iron-Bird

100 BP hike, Warsh says "fuck you calls" then drops mic

Krasmaniandevil

A 50 bph now doesn't guarantee no additional hikes for the rest of the year, and may signal that total rate hikes by Dec. 2026 might be 75 or even 100 BP instead of the 50 that is currently assumed. Two 25 bphs is smoother, more gradual, and signals that the problem is under greater control, whereas a 50 bph makes the market question whether things are worse than it thought.

The-Iron-Bird

lol, cant believe you fell for that fud. reddit/discord servers are not moving a 2b mkcp ticker. retail can orchestrate a squeeze <100m but at this level far bigger players have their own game. currently tutes and a bank or 2 are fighting the tape for eventual BO price (BP will not BO unless the premium is "realistic". 5x more palatable to stockholders than 10-20x)

More_Programmer8905

(IEA): Under its stated policy scenarios, the IEA World Energy Outlook projects that a plateau or decline in oil, gas, and coal use could take shape around 2035, though baseline trends continue to shift based on updated government climate commitments. Shell: Projects peak oil around 2035 at roughly 103 million barrels per day under its Archipelagos scenario. MarketsandMarkets & S&P Global: Estimate that global demand will crest or plateau near 106 to 111 million barrels per day through the mid-to-late 2030s before seeing substantial long-term declines. Aker BP: Expects demand to continue climbing toward roughly 112 million barrels per day by 2035 driven by aviation and petrochemicals, even as road transport fuel demand stabilizes.

Objective-Plenty5185

80% Shell 20% BP

One-Dingo1220

It requires 1000BP, if the strike falls below 69 I can roll that contract out for and get a lower strike plus more credit.

klipsetrades

The math doesn’t really support an extra $7,200. Your 10 contracts only had $12k securing them to begin with. So, sounds more like a BP/display glitch during the partial fills

takashi-kovak

Yes, this is possible. You would have to roll the whole spread out/down hopefully for a credit or move the long put closer to reduce the loss (but for a debit). I think there is misnomer on "defined risk". the defined risk is for your buying power and not the risk of assignment. The brokerage doesn't require/adjust the tail risk for credit spread vs naked put which can be zero. The CS loss is fixed and thus your BP will be 10% of that (assuming you're on portfolio margin), which is far less requirement than naked put.

BagHoldersOfAmerica

Should have bought more TTE and BP

Acceptable_Gift7322

I think you are looking at ONWD in the right way, but I actually think the opportunity is potentially much bigger than ARC-EX alone. At \~€2.7/share, ONWARD is still only around a €190M market cap. And what you're buying is not simply a small medical-device company with one product. You're buying a platform with one product already commercialized and several potentially much larger applications moving through clinical development. ARC-EX is the part that gives me some downside protection. The commercial traction is becoming increasingly difficult to dismiss. In H1 2026, ONWARD sold or supplied 159 ARC-EX systems, +430% YoY, generating €3.4M of ARC-EX revenue (+240%). It's now available in 130+ US clinics, and they are already expanding into home use, including the US Veterans Affairs system. That's important because ARC-EX isn't a hypothetical biotech asset waiting for approval. It's an FDA-cleared product already being deployed in the real world. But ARC-IM is where the valuation could really change. The first major target is blood-pressure instability after spinal cord injury. The Empower BP study is a randomized, double-blind, sham-controlled global pivotal trial, with 22 patients already enrolled and 14 active sites. If that succeeds and eventually reaches approval, ONWARD would have an implantable therapy addressing a very serious and poorly treated complication of SCI. And they are not stopping there. They have now started EIGER, evaluating ARC-IM for restoring standing and walking after spinal cord injury, in both subacute and chronic patients. They are also continuing ARC-IM development for blood-pressure instability associated with Parkinson's disease, and ONWARD expects to initiate a first-in-human feasibility study looking at bladder-function restoration after SCI. Then there is ARC-BCI. This is the part that I think the market massively underappreciates because it is still early-stage. Seven patients have now received ARC-BCI implants. The concept is to combine a brain-computer interface with implanted spinal cord stimulation so that patients can potentially control stimulation using their thoughts and regain movement in their own paralyzed limbs. If this technology eventually works at scale, you're no longer talking about a niche spinal-cord stimulation device. You're talking about a potentially transformative neurotechnology platform. And ONWARD has already received multiple FDA Breakthrough Device Designations across its technology platforms. ARC-EX is commercial, while ARC-IM and ARC-BCI remain investigational, so obviously the latter two carry substantial clinical and regulatory risk. This is how I would think about the valuation: **Bear case: €200–300M** ARC-EX becomes a decent but relatively niche medical-device business, while ARC-IM/BCI development disappoints or takes much longer than expected. That's roughly around today's valuation, so the market is already pricing in a meaningful amount of risk. **Base case: €500M–€1B** ARC-EX becomes a meaningful commercial franchise, ARC-IM succeeds in at least one major indication (e.g. blood-pressure instability after SCI), and the company starts expanding into additional indications. At €500M–€1B, you're talking about roughly 2.5–5x today's market cap. **Bull case: €1.5–3B+** This is where things get really interesting. ARC-EX becomes an established commercial product, ARC-IM succeeds across multiple indications (blood pressure, mobility, potentially bladder function and Parkinson's), and ARC-BCI produces convincing clinical evidence. At that point ONWARD could potentially be valued as a serious neurotechnology platform rather than as a €200M medical-device company. A €2B valuation would be more than 10x today's market cap. And I don't think you need to assume that every single pipeline program succeeds to get there. For example, if ARC-EX becomes a solid commercial business + ARC-IM succeeds in one or two indications, I could see a €500M–€1B company without needing to put much value on ARC-BCI. If ARC-BCI eventually demonstrates robust restoration of thought-driven movement, however, the valuation framework changes completely. There is also a financial point that I think is being overlooked. ONWARD ended H1 with €81.5M of cash, raised €40.6M in April (including a €25M investment from EQT Life Sciences), and replaced its previous financing with a BlackRock facility of up to €50M. So they have considerably more room to execute than many small-cap medtech companies. Yes, they still burned €23.3M at the operating level in H1. This is absolutely not a low-risk company. But the key difference is that ONWARD is now transitioning from: **"Will this technology ever become a product?"** to: **"How large can the commercial product + clinical pipeline become?"** That's a completely different investment profile. The other thing I like is the asymmetry. At \~€190M market cap, the market doesn't need every clinical program to work for the stock to rerate substantially. ARC-EX alone becoming a meaningful commercial franchise could justify a much higher valuation. ARC-IM succeeding in one major indication could take it into another valuation bracket. And if ARC-IM succeeds across several indications and ARC-BCI works clinically, I think a multi-billion-euro valuation becomes conceivable. Obviously, this is not a prediction that ONWD will reach €2–3B. Clinical trials can fail, commercialization can disappoint, reimbursement can be difficult, and dilution remains a real risk. But that's exactly why I find the current valuation interesting. You're essentially getting exposure to: • A commercial FDA-cleared product: ARC-EX • Home-use expansion of ARC-EX • ARC-IM for blood-pressure instability after SCI — pivotal trial • ARC-IM for restoring standing/walking after SCI — EIGER • ARC-IM for Parkinson's-related blood-pressure instability • Planned ARC-IM work on bladder function after SCI • ARC-BCI for thought-driven movement • 7 ARC-BCI implants already completed • Multiple additional neurological indications under exploration And all of that sits on top of a company currently valued at only \~€190M. So personally, I don't view ONWD as a "10x because one clinical trial might work" lottery ticket. I view it more as a **platform with a commercial beachhead today and several shots on goal over the next few years**. That's a much more interesting setup to me. The next few years should be very interesting.

Successful_Car1670

Yeah but you can’t have a 2 BP gap between the 2 year and FFR. It’s only going to get worse and warsh just wants the bond market to do his job

Impressive-Name5129

No because she brought shares in BP

SeniorVicePrez

Yes, EoP2 is already done and the FDA agrees on testing it further and they raised some cash. Once this settles with NMS - then BP acquires it. Based on my reading of the latest court minutes how could anyone on earth think the parties aren't on the path to an agreement. Case is a slam dunk for Cardiff. And.... no senior director (Gary Pace) would spend $1M buying shares a month and half ago only to make 2x or 3x their return. He seeks far greater returns and they also know what's happening behind the curtain. Cardiff's got a proven track record of explosive runs. 6 years ago SP ran from 70 cents to $25.50 in 9 months (3,543% gain) based on Phase 1b data - and 2.5 years ago SP ran from 93 cents to $6.50 in 4 months (600% gain) - based on Pfizer partnership. Now we have an insider buying over $1M in stock. You do the math. https://preview.redd.it/nfki5060zroh1.png?width=1308&format=png&auto=webp&s=879a85ca00bf8e2f85bdbed843ff1bf7d3347c6d

Itsallaboutmargin

Women be like - Haters gonna hate hate, shake it off , shake it off https://youtu.be/nfWlot6h\_JM?is=vX3MG5BP01Ct3Ff1

takashi-kovak

This. Honestly, it took me 6months to understand the various intricacies of how BP is effected, especially for portfolio margin accounts. Not because I don't know what it is, but how it moves based on the overall portfolio, open positions, etc. Best solution for OP is to run a spread, so iron condor and verticals.

hutch_man0

Do you think BP gas comes from Britain? 

Cali42

Another day, another fake post! Key Red Flags Indicating It Is Likely Fake/Inspected UI: **Inconsistent Ticker Symbols:** **CDNL** is an obscure OTC/penny stock company (Cardinal Energy/Cardinal Resources) that historically traded in sub-penny ranges (or had very little volume), making a \\$38.11 price point completely disconnected from reality. **Fidelity UI Elements:** The screenshot uses the standard Fidelity Investments mobile web UI layout (FDRXX/FZDXX money market funds and "BP" buying power indicator). Editing DOM elements via Inspect Element or using local screenshot generators is extremely widespread on WallStreetBets. **Math vs. Post Title:** The post title claims "665k," while the exact sum of the displayed positions plus cash/money market funds is around **$671.2k**. While the UI layout matches Fidelity's design patterns, the underlying ticker values and market realities strongly suggest this screenshot was altered using HTML element inspection or image editing. No, it is almost certainly fake.

TheRealFinatic13

Ohio does not use Canada electricity. I only use BP gas. I dont buy steel.

sport912x

WRONG. Selling Puts is the GOTO strat of Tom Sosnoff and his crew . He commissioned thousands of studies , which show selling Puts in a high IV environment works out. And no he NEVER WANTS TO TAKE ASSIGNMENT. Basically their strat was to Sell Strangles at a 15-20delta at the 42dte , close at 50% profit, or Roll at 21dte. I do not know what your friend does. That you will be assigned before 21dte is virtually nil, EVEN IF YOU STRIKE IS RUN OVER. The reason is Extrinsic value. The strat gets a little more complicated at that point , and you may have to roll for a loss. Also another thing you do not mention , is are you doing this as a CSP or using BUYING POWER in a Margin account (no BP is not MARGIN). A 200 strike on a short put is 20k as a Csp, but only 3k-4k BP . If you are confused, go call Tom . He is now at LossDog (no clue what that is) between 9:30am to 11am Mon-Thur. His old company Tasty had over 1,000 vids on doing things like this, but the new owners took them offline.

TheoryInttro

Scandi markets - Norway moons with oil, Sweden and Finland tanks because the Norwegian index is extremely weighted towards oil producers, while Sweden and Finland has a lot of companies getting stuck with the oil bill. Equinor and Aker BP are extremely swingy and correlates with Brent spot

papakong88

You have a long call which was exercised. You bought shares as a result.  Because you now own shares instead of cash, your BP is reduced. Your BP can no longer support your option positions. You have a margin call. You can meet the call by: * Depositing more cash. * Liquidate some positions. Most brokers will allow you some time to do that especially if your call is for 1k only. If you are anxious, sell the stocks in the pre-market. (What is the stock? We can check now if it can be traded pre-market.) Relax. Don’t go into labor. Enjoy your Labor Day weekend.

TraditionalSundae990

Some oil companies (BP, Shell, not sure about US) are among the biggest oil traders in the world, they directly monetize volatility- they have been printing cash since this started

Canafornication

I'm trading just one lot trying to spread BP among as many positions as possible. EWZ has usual liquidity, didn't have problems with it. There is not many opportunities right now, so I'm reaching out to some stocks or ETFs that have life left in the options.

sport912x

Trade seems fine. Do have a question about "cash secured account low six fig," Does that mean a Cash Account (IRA) or simply that you are doing CSP trades. If a margin account then why ? Csp tie up the cash without interest at many brokers . So this one trade ties up 4k-5k as a Csp but only 500 using BP in a margin Account approved for selling Options.

ceberus302

Actually; u did it once you can do it again. Except this time roll big wins into $20k positions like $spy or $qqq so that you do risk too much BP; if u lose everything again at least you have $100k recently invested in $SPY outpacing inflation. 9months you called it a slow grind - let’s see a fast grind! u got this!

Swimming-Dingo-9695

Hey guys, just wanted to give you an update on my situation. I'm in the hospital, and they said I have a bleeding ulcer, visible alopecia and my BP was 190/110 But I made $50 bucks this week, so totally worth it!

welrope

But add a BP medicine or get a double red couple times a year

sport912x

Sounds like a Tasylive Sosnoff strategy. Yes you will collect more premium (16Oct $6.7) . You may then be able to roll in the next 2 weeks. Sosnoff would roll by buying your existing options , and re centering the Strangle further out in time. "Buy the Guts ... Sell the Wings". You may not be able to do that for a credit but the trade will go on. Important point , you will be able to Sell the Call for only a little more BP (660) since you can only lose on one side. Roll before expiration (2 weeks out is the limit to hold).

Level_Counter3062

Surprised more of you aren't into gas I've made a killing on TTE and BP lately

Level_Counter3062

TTE and BP are solid international energy plays

jarMburger

Volatility is quite low right now and as IC sellers we ain’t getting good compensation. I still sell them but keeping more BP on the side and wait for better entry conditions in September

QuarterCarat

Just depends on what your knowledge / edge is. Getting a good company at a discount is almost always advantageous, but it can be hard to know how accurate those swings truly are. I will say I absolutely did put money into XOM in late 2020 because people were literally talking like it was the end of oil, end of this, end of that, and I was baffled. So a simple thesis can easily play out without you knowing too much, but putting it into individual companies is tricky. Had I bought BP I would have made money, but less than XOM.

Specialist_Metal4959

100% this, other things which can work is looking for structural dislocation in prices (regulation changes, overcorrection from reputation damaging law suits etc.). E.g. share price of BP in 2020.

Ok-Parfait-9856

Warsh grabs bessent by the pussy, lifting him off the ground with a firm yank. At this point ol Scotty is fully engorged, CSPAN censors the throbbing appendage. Warsh looks straight into the camera, blood vessels in his face bursting, teeth gritting from amphetamine, and says “when you’re famous, they let you do it. Plus 200 BP. Fuck your calls”

options001

Let's say I have a $200k portfolio that has options buying power $400k (Let's say 2x margin). I sell a $50k wide box. Does my buying power jump yo $450k? And I can withdraw the $50k and still have the $400k BP?

JefeDiez

These are all cash grabs for the state pre mid-terms. Nobody actually cares about the kiddos. I don't think it's a small settlement considering BP's oil spill fine was very similar- plus 25 states are going to ask for more so that essentially doubles the fine.

JefeDiez

That's a huge fine, almost as big as the oil spill for BP. I think people forgot that this is only half of the states who have come to the table. So with 25 more upcoming, the damage is an additional 20B all but guaranteed coming their way now. Plus, the other 3,000+ individual lawsuits for addiction, wanting more billions from them. Them taking the blame will harm the company unless they can actually increase their profits (unlikely with nothing in the books except ads for now).

Truesoldier00

Bruh im Canadian, 5’10”, 175lbs, and good BP, Cholesterol, and resting pulse. Not saying what i’m doing is healthy but don’t loop me in with the rest!

Prestigious-Duck-189

I doubt the company still exists early next year. 40B buyout is the meme but as time and result progressed it’s not unthinkable. Personally I expect 20-25B as a base case here. The Monderna news brought incredible momentum to the industry and most BP are facing a huge patent cliff. They’re on a hunt now.

Sryzon

You're forgetting the other lever the Fed has: their balance sheet. If the balance sheet isn't increasing, but government debt is, that sucks liquidity out of the system and causes bond buyers to naturally demand higher rates. The Fed doesn't need to raise the Federal Funds Rate to raise rates. The market is raising rates itself. The 3m up 1 BP and the 10y almost 4 without the Fed changing their rate. In our current situation - where decades of QE and offshoring has both raised money supply and lowered money velocity, only for that money to come roaring back thanks to a boom in domestic infrastructure build out - the balance sheet is what matters. All the demand the current economy is sustaining is not built on cheap debt. It's built on tremendous cash piles companies and investors built up for decades only to burn on datacenters.

GUHv2

BP spreads relative to price are criminal

Financial-Belt-506

ET EPD SUN ( all bought 3 years ago or more and divvy is strong) 200k worth. BP bought a 100 shares when they fired the CEO over BS TALO "I just like the stock" Q3 report gonna be another blowout. The pipeline and refiners are topped IMO TALO has quite the future and I'm in over 6 figures with 30% gains. I was gonna sell....but theres no point. OIL will go up regardless because the dollar is weakening so Im holding for at least a year. In the next few weeks they should begin their 7% buyback $200mill. It was supposed to be in Q2 but they bought some fields in the Gulf. Very efficient company IMO. Finding the smaller companies where growth is still attainable is my goal.

VulcanSpark

$USOn$REPSOL $EQNR $BP $STLA, AI datacenters need energy and ev's baby with high oil prices

atx78701

It can be done because your time horizon is longer than pros They have to show profits quarterly so if there is a cheap stock they still might dump it off it doesn't improve fast enough My personal favorite is when companies get bad news but are otherwise solid earners BP oil spill, subprime mortgage crisis, chipotle etc If Taylor farms was public they could be a candidate

GUHv2

BP is being manipulated so hard right now

thatguy2676

I’m well aware of this, This is just a little side thing for me and i’m mostly just complaining to complain, sorry if i made it seem like im crying over 60 dollars lol. Although keep a close eye on BP and Chevron, they’re being granted contracts for the venezuelan oil coming out, and I feel like it’ll go up (somewhat) during this week

icydragon_12

Not particularly honestly. We saw the latest settlement with NM was $2.4bn legal accrual = 80 cents/sh to META. You'll see some headline numbers that the damages to META could be $1.4tn. That will never happen. that's the entire enterprise value of the company. The BP oil spill was probably the most heinous corporate act of the century, they were fined $20bn. This would be an absolute upper bound for what META could be fined in reality, if the entire world decided to turn on them with the same vigor as it did when BP spilled a fuckload of oil into public waters. $20bn to META is \~$6.55/sh post tax, or 1.2% of the current share price. But.. I do not believe that addictive apps will be treated the same way in court as the worst oil spill in history.

Sagronym

No it is not QE. The Treasury changes very long maturity debt into short maturity debt, by buying up some of the long maturity with new debt having shorter maturitiy. That increases liquidity in the long maturity bonds (which were ailing from a lack of demand hence prices falling -yield increasing) AND it may save say 100-120BP interest payment. Now comes the price: The Gov had already increased shelling out short maturity more and more (already Yellen) and now Bessent does more and more of it. Means the amount of debt to be payed back short term increases and increases - maturity wall gets higher in the near future. So pressure will mount in the next years on Dollar and interest rates (all) because the Gov has to increase the debt quicker (to pay back the more shorter bonds) . Kind of cosmetic operation to make interest rates look nicer to the constituent - but with a price tag. If you do that with your private debt without expecting a substantial heritage or sale of house or similar in the next years it would be a sign of desperation and increase your insolvency risk.

Sagronym

The Treasury changes very long maturity debt into short maturity debt, by buying up some of the long maturity with new debt having shorter maturitiy. That increases liquidity in the long maturity bonds (which were ailing from a lack of demand hence prices falling -yield increasing) AND it may save say 100-120BP interest payment. Now comes the price: The Gov had already increased shelling out short maturity more and more (already Yellen) and now Bessent does more and more of it. Means the amount of debt to be payed back short term increases and increases - maturity wall gets higher in the near future. So pressure will mount in the next years on Dollar and interest rates (all) because the Gov has to increase the debt quicker (to pay back the more shorter bonds) . Kind of cosmetic operation to make interest rates look nicer to the constituent - but with a price tag. If you do that with your private debt without expecting a substantial heritage or sale of house or similar in the next years it would be a sign of desperation and increase your insolvency risk.

Sagronym

The Treasury changes very long maturity debt into short maturity debt, by buying up some of the long maturity with new debt haning shorter maturitiy. That increases liquidity in long maturity bond (which were ailing from leck of demand hence prices falling -yield increasing) AND it may save say 100-120BP interest payment. Now comes the price: The Gov had already increased shelling out short maturity more and more (already Yellen) and now Bessent does more and more of it. Means the amount of debt to be payed back short term (next year) increases and increases - maturity wall gets higher. So pressure will mout in the next year on Dollar and interest rates (all) because the Gov has to increase the debt quicker (to pay back the more shorter bonds) . If you do that with your private debt without expecting a substantial heritage or sale of house or similar in the next years it would be a sign of desperation and increase your insolvency risk.

Deathsquad710

You are using intraday BP for futures?

No-Refrigerator-6330

I’ve been thinking about this, Russian oil economy is fucked due to sanctions and conflict. Hormuz and gulf states are also fucked. What other major oil producer is there other than the US? I’ll give you BP and shell which I believe are UK. this sucks for every consumer, but not for specifically US oil producers

PrinceRakeem69

im the only one that stuck my neck out for BP i think all those fish in the ocean deserved to die

cwalking2

Or it might be like the [2010 Horizon Deepwater spill](https://en.wikipedia.org/wiki/Deepwater_Horizon_oil_spill) which cost BP an estimated $71 billion, with direct payments exceeding $50 billion USD: * Cleanup and Response: Over $14 billion * Federal and State Settlements: A record $20.8 billion * Criminal & Civil Penalties: Paid $4 billion in criminal resolutions (and billions more under the Clean Water Act) * Economic & Private Claims: Allocated more than $14 billion total for individual and business compensation claims

Ok_Cry7572

I been on this type of diet for the last or so and been feeling healthy and everything. I even check my BP weekly and it's perfect, my blood glucose also dropped in my blood test

btsd_

The long term success sellers i know do weekly ICs on SPX and have set in stone strategies on when and where to hedge using any/all of the following: adding extra longs, scalping in/out of any of the 4 legs, and trading /ES. Also knowing when to close a position early is a huge skill. It takes a decent amount of BP as you have to have enough left to hedge with. Depending on the week, it can be 0 management, or hours a day.

ThetaEdgeHQ

The leverage you are seeing is real on entry, but the beta weighted delta is flattering it more than you think. A 5 wide ATM debit spread only carries that 3.14 delta instantaneously at the money. As price moves toward either strike the delta collapses toward zero because the short leg catches up, so that SPY equivalent notional is a snapshot, not a stable exposure you actually hold to expiration. So the 10 to 1 is leverage on notional, not on expected return. Your value is capped at 250 and you are paying theta the whole time to rent that delta, and it decays fastest while price sits near the middle of the spread. If you want an honest efficiency number for sizing, reward to risk times the probability of the spread finishing where you need it tells you far more than beta weighted delta over buying power. The BP figure makes every ATM vertical look like a rocket because it ignores the capped payoff and the decay you are financing to get there.

-sakuranbo

Really annoying when a put you sold takes up a chunk of BP and its already worthless not paying you $0.65 to close this, Schwab

syKonaut

Sounds about right as gas prices at the local Circle K's jumped from $3.49 to $4.49 in the middle of the day today while some other stations (like BP) stayed at $3.49 but will most likely make the jump tomorrw.

sport912x

Looks scary and using tying up 15k not the greatest move, but not that bad. Look up calendar. You can Sell OTM Calls and use the LONG Calls you bought BP . So every month or so Sell OTM Calls , like a 15 delta. Right now a 400Call 18Sep shows 2.50. When it goes down to 1.25 Roll or close for the next month. You might want to use 10delta as a safer . After doing this 3 times you should be ahead , just be use never closer than a 15 delta (some would say 30delta not me) . If tested try roll the test call (buy back the tested call and sell one further out at a higher strike , try to collect a small credit). While this may seem like Rocket science now, it only requires an 80IQ. Go to Tasty and search Calendar first. [https://www.tastylive.com/concepts-strategies/calendar-spread](https://www.tastylive.com/concepts-strategies/calendar-spread)

Junior_Inflation8991

My BP is like 127 on steroids ur fried bro

Weak-Pomegranate-435

Who said all of my BP is locked up? Its just 3% of my port. See, u r just making too many assumptions

Dry-Fun6429

If only all your BP wasn’t locked up. You could’ve actually made a good trade this past week

imustbegthequestion

I'm going to a bar. My internet at home is sore. I gotta get some gas first. BP anyone?