BP

VigilanteWit

I have $600 in BP i just need to turn it into 50k rq. Hopefully the discord bros do me right

Zealousideal-Pen-634

If results are positive They will be sold to a BP in a matter of a few months or will partner with a large bio company. 

joeyoung043

Why PFE though? Most dead BP among all, and regarded enough to spend $10 Billion on Metsera.

A_Time1980

Impressive BP!

hgreenblatt

You sound lost. If you keep your cash in treasuries earning interest, you can Sell a Spy 30delta 19Dec 668 strike. The broker will deduct about 10k from your BP rather than 66,800. You still have it covered, it is just better leverage. Look at the vids.

mikeytho1

Yesterday, I used all my BP and didn't want to wait until tomorrow for my funds to settle, so I did an instant deposit of 3k on Robinhood. Can you guess how much money I lost today?

hgreenblatt

I am not following why you would do this as a Csp, which to me implies a Cash account or a Margin with Selling Options disabled. You have the Cash, just buy treasuries or Sgov and sell the Puts on buying Power. Use your actual Net Liq to temper how many you do. If you get a big downturn, cash out the treasuries and own the Spy. There is no interest in doing this at a Real Broker. Treasuries give about 98% face BP , while Sgov give 70-75% face BP, all while earning interest in a standard Margin account no PM required. This is the way it works at IB, Schwab, Tasty (a boutique more for options ). If you are unsure of Buying Power with your new wealth, then watch these Tasty vids. Buying Power [https://ontt.tv/3jAf4Ba](https://ontt.tv/3jAf4Ba) Buying Power Factors Oct 28, 2020 [https://www.tastylive.com/shows/tasty-extras/episodes/a-refresher-on-bpr-06-29-2020](https://www.tastylive.com/shows/tasty-extras/episodes/a-refresher-on-bpr-06-29-2020) [https://ontt.tv/2CLbOjn](https://ontt.tv/2CLbOjn) What Affects Buying Power? Nov 14, 2019 [https://ontt.tv/JeGVN](https://ontt.tv/JeGVN) Short Puts vs Covered Calls vs Poor Mans Covered Call Jul 9,2024

907cconnak

Wish i had BP to play the range

mrtrimbl

with the weekend announcements vte reduction (clots) and its anti inflammatory properties which acca is now focusing on, i think they have the pcsk9 competition beat as they dont have these differentiators and patients need to fast and its more expensive , BP fired their best shot at the weekend and missed

Delicious-Status9043

Online? Like CheaperThanDirt and the like? Or local? IHDK because I haven’t bought any after they jacked up their price. The GD local shops here buy out Walmart and Dicks and resell it at least a 50% markup, so no price reduction here… Hell, pre Covid people on all sides of me were shooting off a couple hundred rounds most days of the week. (I am surrounded by a couple Staties, the former Sheriff, a local pd, and BP) Now, it’s just a couple dozen rounds a few times a month.

farcat

They weren't far otm last week lmao, but yeah I suppose they are now. Blew all my BP because im dumb, I am learning lessons from that now. I think ill need to sell what's still in the green to rotate my losers into a new position but then I miss the upside on those when we inevitably recover. I kept my head in the sand this week and bled a lot, "diamond hands" bs, and if next week drops more then ill be out of choices and will need to sell to preserve my starting capital. Thank you for the advice and good luck to you and any positions youre holding

Sick0h

Thank god I used all my BP at open to only lose 20%. I would’ve lost way more getting faked out this afternooon

notreallydeep

BP struggled *against* the rest. COP struggled *with* the rest. Almost every US oil producer is down YTD and there is one variable that connects them all (please don't even think of mentioning refiners as a counterpoint, you already mentioned the crack spread while COP doesn't refine shit). You can ignore the obvious if you want. That's my last comment on this as it's entirely pointless.

RoyaleWCheese_OK

Because they overstretched. Stocks don't just trade during earnings... look at their fundamentals. BP struggled because their clown of a CEO doubled down on renewables. Now the new guy has got it back on track, their stock is climbing again.

MaliciousssMoose

I noticed some as low as $5 last week when I was picking up zyns at a BP. I normally fill at Costco and I will pay attention next time I do now but I assume that people waiting in that line are filling all the way up.

papakong88

OP is trading 500 to 1000 contracts a week. Assuming OP is trading more than 40 contracts a time , the collateral will be the same. Let’s look at a 0.30 delta put for Nov. 7. The NDX 25400 put can be sold for 85, BP required is 362 K. The QQQ 618 put can be sold for 2.15, BP required is 8.8 K. Note that NDX is 41 times QQQ, so if we sell 41 QQQ puts, we can get 88, and the BP required is 361 K.

Infinite_Imagination

Same reason it goes up every summer except the summer of the BP oil spill.

SunGodApollo23

What's non-margin BP compared to straight cash?

c7015

Copied but a nice summary I read -Heineken: "What took us three years before, the team built in just three months" -Citi Wealth: “This process would take 9 days. Now it takes seconds.”Citi has achieved a 90% decrease in time per case and an 80% cut down on handoffs, all while retaining the quality of their work. -General Mills: We’re saving on average about $40,000 a day, which is about $14M ANNUALLY– and it’s really only deployed to part of our network." -Fannie Mae: "It was a mortgage case fraud case... There's a lot of paper--reams of paper. It took our really talented investigators 60 days to detect fraud into these files. It took your technology 10 seconds, like holy cow." -Morson Group: 53% faster in finding x3 candidates. 1hr 8min average per consultant. 129% increase in placements made -Applied Materials: 24-month projects to 6 weeks. "We have big consulting companies coming in. We can do this in 24 months, it's going to be millions of dollars. With Palantir, we solved this in 6 weeks on the pilot just by connecting to those Legacy systems." -Walgreens increased the operational efficiency by 30% -Nebraska Medicine increased patient discharge speed by 2000% paired with a 95% discharge prediction accuracy -AIG reduced a four-week underwriting time to less than one day. -TeleTracking reduced 24-hour manual healthcare process to seconds -Bolt reduced checkout cancellations to 50% -U.S. Department of State can reduce the time it takes to clear candidates to the Foreign Service from 60 days down to 12 -HyperScienceAI and ManifestCyber reduced the FedRamp costs by 10x and its audit time by 94% -Walgreens increased its operational efficiency by 30% BP reduced costs per barrel by 60% Tampa -Hospital improved its nurse staffing ratio attainment by 30% Cleveland Clinic reduced its bed capacity calculation time by 75%, 38 Minute decrease in ER wait time and 40% Reduction in unused orthopaedic OR time -Paraxel reduced the Clinical Submission Readiness Time by 50% Morson group reduced x3 candidate search time by 53% -Airbus accelerated A350 production by 33% -Tyson Foods achieved $200 million in cost savings -@USArmy recovered $2B in unliquidated funds -@DeptVetAffairs saved $92M+ in funds -World Food Programme saved $30M in delivery costs -Jacobs Connect cut power usage by 30% -Panasonic decreased waste by 12% ESI Group sped up ERP harmonization by 70% -Panasonic Energy cut the 3-6 month learning curve down to just a few weeks for veteran technicians -PG&E reduced transformer ignitions by 65% -Eaton boosted productivity by 25%

Notmikeyouidiot

Got all my BP.... do we wait tonight out....?? full send..? im feeling extra regarded

GeneralSavings9373

I tried to "recession-proof" over the past few weeks, focusing on basic consumer goods and stores (dollar general, cvs, proctor-gamble) and power/water companies (CVX, XO, BP)

Recent_Register_2952

fr dude wtf how is my port bleeding and my margin BP up exponentially?

Charming_Catch1982

$PLTR In case you forgot, here's a reminder of what Palantir is capable of -Heineken: "What took us three years before, the team built in just three months" -Citi Wealth: “This process would take 9 days. Now it takes seconds.”Citi has achieved a 90% decrease in time per case and an 80% cut down on handoffs, all while retaining the quality of their work. -General Mills: We’re saving on average about $40,000 a day, which is about $14M ANNUALLY– and it’s really only deployed to part of our network." -Fannie Mae: "It was a mortgage case fraud case... There's a lot of paper--reams of paper. It took our really talented investigators 60 days to detect fraud into these files. It took your technology 10 seconds, like holy cow." -Morson Group: 53% faster in finding x3 candidates. 1hr 8min average per consultant. 129% increase in placements made -Applied Materials: 24-month projects to 6 weeks. "We have big consulting companies coming in. We can do this in 24 months, it's going to be millions of dollars. With Palantir, we solved this in 6 weeks on the pilot just by connecting to those Legacy systems." -Walgreens increased the operational efficiency by 30% -Nebraska Medicine increased patient discharge speed by 2000% paired with a 95% discharge prediction accuracy -AIG reduced a four-week underwriting time to less than one day. -TeleTracking reduced 24-hour manual healthcare process to seconds -Bolt reduced checkout cancellations to 50% -U.S. Department of State can reduce the time it takes to clear candidates to the Foreign Service from 60 days down to 12 -HyperScienceAI and ManifestCyber reduced the FedRamp costs by 10x and its audit time by 94% -Walgreens increased its operational efficiency by 30% BP reduced costs per barrel by 60% Tampa -Hospital improved its nurse staffing ratio attainment by 30% Cleveland Clinic reduced its bed capacity calculation time by 75%, 38 Minute decrease in ER wait time and 40% Reduction in unused orthopaedic OR time -Paraxel reduced the Clinical Submission Readiness Time by 50% Morson group reduced x3 candidate search time by 53% -Airbus accelerated A350 production by 33% -Tyson Foods achieved $200 million in cost savings -@USArmy recovered $2B in unliquidated funds -@DeptVetAffairs saved $92M+ in funds -World Food Programme saved $30M in delivery costs -Jacobs Connect cut power usage by 30% -Panasonic decreased waste by 12% ESI Group sped up ERP harmonization by 70% -Panasonic Energy cut the 3-6 month learning curve down to just a few weeks for veteran technicians -PG&E reduced transformer ignitions by 65% -Eaton boosted productivity by 25%

Charming_Catch1982

$PLTR In case you forgot, here's a reminder of what Palantir is capable of -Heineken: "What took us three years before, the team built in just three months" -Citi Wealth: “This process would take 9 days. Now it takes seconds.”Citi has achieved a 90% decrease in time per case and an 80% cut down on handoffs, all while retaining the quality of their work. -General Mills: We’re saving on average about $40,000 a day, which is about $14M ANNUALLY– and it’s really only deployed to part of our network." -Fannie Mae: "It was a mortgage case fraud case... There's a lot of paper--reams of paper. It took our really talented investigators 60 days to detect fraud into these files. It took your technology 10 seconds, like holy cow." -Morson Group: 53% faster in finding x3 candidates. 1hr 8min average per consultant. 129% increase in placements made -Applied Materials: 24-month projects to 6 weeks. "We have big consulting companies coming in. We can do this in 24 months, it's going to be millions of dollars. With Palantir, we solved this in 6 weeks on the pilot just by connecting to those Legacy systems." -Walgreens increased the operational efficiency by 30% -Nebraska Medicine increased patient discharge speed by 2000% paired with a 95% discharge prediction accuracy -AIG reduced a four-week underwriting time to less than one day. -TeleTracking reduced 24-hour manual healthcare process to seconds -Bolt reduced checkout cancellations to 50% -U.S. Department of State can reduce the time it takes to clear candidates to the Foreign Service from 60 days down to 12 -HyperScienceAI and ManifestCyber reduced the FedRamp costs by 10x and its audit time by 94% -Walgreens increased its operational efficiency by 30% BP reduced costs per barrel by 60% Tampa -Hospital improved its nurse staffing ratio attainment by 30% Cleveland Clinic reduced its bed capacity calculation time by 75%, 38 Minute decrease in ER wait time and 40% Reduction in unused orthopaedic OR time -Paraxel reduced the Clinical Submission Readiness Time by 50% Morson group reduced x3 candidate search time by 53% -Airbus accelerated A350 production by 33% -Tyson Foods achieved $200 million in cost savings -@USArmy recovered $2B in unliquidated funds -@DeptVetAffairs saved $92M+ in funds -World Food Programme saved $30M in delivery costs -Jacobs Connect cut power usage by 30% -Panasonic decreased waste by 12% ESI Group sped up ERP harmonization by 70% -Panasonic Energy cut the 3-6 month learning curve down to just a few weeks for veteran technicians -PG&E reduced transformer ignitions by 65% -Eaton boosted productivity by 25%

SusanMayer123

Reminder: -Heineken: "What took us three years before, the team built in just three months" -Citi Wealth: “This process would take 9 days. Now it takes seconds.”Citi has achieved a 90% decrease in time per case and an 80% cut down on handoffs, all while retaining the quality of their work. -General Mills: We’re saving on average about $40,000 a day, which is about $14M ANNUALLY– and it’s really only deployed to part of our network." -Fannie Mae: "It was a mortgage case fraud case... There's a lot of paper--reams of paper. It took our really talented investigators 60 days to detect fraud into these files. It took your technology 10 seconds, like holy cow." -Morson Group: 53% faster in finding x3 candidates. 1hr 8min average per consultant. 129% increase in placements made -Applied Materials: 24-month projects to 6 weeks. "We have big consulting companies coming in. We can do this in 24 months, it's going to be millions of dollars. With Palantir, we solved this in 6 weeks on the pilot just by connecting to those Legacy systems." -Walgreens increased the operational efficiency by 30% -Nebraska Medicine increased patient discharge speed by 2000% paired with a 95% discharge prediction accuracy -AIG reduced a four-week underwriting time to less than one day. -TeleTracking reduced 24-hour manual healthcare process to seconds -Bolt reduced checkout cancellations to 50% -U.S. Department of State can reduce the time it takes to clear candidates to the Foreign Service from 60 days down to 12 -HyperScienceAI and ManifestCyber reduced the FedRamp costs by 10x and its audit time by 94% -Walgreens increased its operational efficiency by 30% BP reduced costs per barrel by 60% Tampa -Hospital improved its nurse staffing ratio attainment by 30% Cleveland Clinic reduced its bed capacity calculation time by 75%, 38 Minute decrease in ER wait time and 40% Reduction in unused orthopaedic OR time -Paraxel reduced the Clinical Submission Readiness Time by 50% Morson group reduced x3 candidate search time by 53% -Airbus accelerated A350 production by 33% -Tyson Foods achieved $200 million in cost savings -@USArmy recovered $2B in unliquidated funds -@DeptVetAffairs saved $92M+ in funds -World Food Programme saved $30M in delivery costs -Jacobs Connect cut power usage by 30% -Panasonic decreased waste by 12% ESI Group sped up ERP harmonization by 70% -Panasonic Energy cut the 3-6 month learning curve down to just a few weeks for veteran technicians -PG&E reduced transformer ignitions by 65% -Eaton boosted productivity by 25%

SusanMayer123

Reminder: -Heineken: "What took us three years before, the team built in just three months" -Citi Wealth: “This process would take 9 days. Now it takes seconds.”Citi has achieved a 90% decrease in time per case and an 80% cut down on handoffs, all while retaining the quality of their work. -General Mills: We’re saving on average about $40,000 a day, which is about $14M ANNUALLY– and it’s really only deployed to part of our network." -Fannie Mae: "It was a mortgage case fraud case... There's a lot of paper--reams of paper. It took our really talented investigators 60 days to detect fraud into these files. It took your technology 10 seconds, like holy cow." -Morson Group: 53% faster in finding x3 candidates. 1hr 8min average per consultant. 129% increase in placements made -Applied Materials: 24-month projects to 6 weeks. "We have big consulting companies coming in. We can do this in 24 months, it's going to be millions of dollars. With Palantir, we solved this in 6 weeks on the pilot just by connecting to those Legacy systems." -Walgreens increased the operational efficiency by 30% -Nebraska Medicine increased patient discharge speed by 2000% paired with a 95% discharge prediction accuracy -AIG reduced a four-week underwriting time to less than one day. -TeleTracking reduced 24-hour manual healthcare process to seconds -Bolt reduced checkout cancellations to 50% -U.S. Department of State can reduce the time it takes to clear candidates to the Foreign Service from 60 days down to 12 -HyperScienceAI and ManifestCyber reduced the FedRamp costs by 10x and its audit time by 94% -Walgreens increased its operational efficiency by 30% BP reduced costs per barrel by 60% Tampa -Hospital improved its nurse staffing ratio attainment by 30% Cleveland Clinic reduced its bed capacity calculation time by 75%, 38 Minute decrease in ER wait time and 40% Reduction in unused orthopaedic OR time -Paraxel reduced the Clinical Submission Readiness Time by 50% Morson group reduced x3 candidate search time by 53% -Airbus accelerated A350 production by 33% -Tyson Foods achieved $200 million in cost savings -@USArmy recovered $2B in unliquidated funds -@DeptVetAffairs saved $92M+ in funds -World Food Programme saved $30M in delivery costs -Jacobs Connect cut power usage by 30% -Panasonic decreased waste by 12% ESI Group sped up ERP harmonization by 70% -Panasonic Energy cut the 3-6 month learning curve down to just a few weeks for veteran technicians -PG&E reduced transformer ignitions by 65% -Eaton boosted productivity by 25%

Common_Badger329

Because there is no margin call. Your account got designated as a PDT and you’re required to have $25,000 in BP to access margin funds. All that means is you’re below the minimum and can’t access margin until you’re at or above it.

papakong88

I don’t keep track of my win rate because I don’t know how to determine a “win”. I had 3 potential max loss events this year but I am able to manage them resulting in a small loss only. The details are in my posts. For risk management, I put aside enough buying power for 2 ICs for every IC that I sold. This will reduce the rate of return of my capital. I can sell the IC for 1.00 to 2.00. Assuming I sell them for 1.00, then I can double my money in 100 days. If I set aside BP for 2 IC, then I can double my money in 300 days. There are about 250 trading days in a year - the rate of return is still very high even accounting for putting money aside. The reserve money is not wasted. Everyday when the market stabilizes, I can use them to sell junk ICs that are very far OTM for 50 cents or less. It is possible to get 2.00 a day with 300 in BP.. The reserve money is an important tool in getting out of trouble. Details are in my posts. 

One_Sir_Rihu

People are taken by the spy narrative. Maybe dont elect fascist who are gonna use new revolutionnary technology. Palantir was for ai regulation all the way during biden admin, but like every company if the people elect fascist they will sell their product to them. Same as volkswagen, or msft, etc. Tbh they have a litteral ai operating platform that delivers actual efficiency in all manners of domain like healthcare and manufacturing. Up to 30% in efficiency gains in a lot of domain (10% for energy company rn with actual BP numbers)...that's steam machine revolutionnary efficiency right there. Also the biggest lie is people say their software spy...no it doesnt, the customee analyse available data that they own...and guess what, the US government can legally acess every cloud servers owned by US entity. If a customer want to not get his data uncovered by the US they need to host their data on a separate cloud structure then aws, oracle, etc. Anyway, I believe they will be the next msft in a decade or two amd their product will hopefully be used by democratic customers...if the american people wake the f up from fascism. That technology is not gonna go away if the name palantir stop existing, its only gonna be duplicated in other software if palantir lose their patent. So much disinformation in here its crazy.

autohome123

Oh fuck. lol but still, he should have had sufficient BP in the account to cover.

autohome123

If an in the money option is purchased the account should have sufficient BP for an immediate exercise. If not the trade should kick for review. Guessing this guy doesn’t have anywhere near the $needed for this exercise which should have then prompted a call from the BD and a reject on the order.

autohome123

Better question is why did they let him take this position in the first place. There is no way he had sufficient BP to fill the trade.

TheFreshOne

I'm going for BP calls. One of these days, I'll finally get a win. :*)

Incendras

It explains a majority of the difference. AI heavily impacts SPY, so yeah it actually makes sense. 100BP cut wont happen, if it did, yes it would send equities flying, while simultaneously weakening the dollar.

dansdansy

Notably, there is a ton of drilling by companies like BP, Exxon, Shell and Chevron close to Venezuela and Guyana. If they retaliated against the oil fields it could cause a pretty serious supply effect. The US is the largest oil exporter in the world right now.

papakong88

If you have 10K in cash you will have 10K in buying power (BP). The BP can be used as collateral to sell options. A naked put or call requires about 20% of the notional value as collateral. For example, you can sell 1 XYZ 100 cash secured put but you can sell 5 naked puts. If the put is assigned, you can buy 20 K of stock on margin with the 10K. You will be in trouble if you have sold 5 naked puts. You can do that at any broker - but you need approval to sell naked options. You can use the 10K in BP to sell spreads to achieve a greater “leverage”. But you will need approval to sell spreads. The approval level for naked options is higher than that for spreads. The rule is the same at any broker.  

farcat

Holding 1 beautiful 115c for December. Once I have some more BP freed up I will get some more. I was perplexed when they dropped under 100, so thats when I started flipping calls. But now im thinking, as painful as it is, I need to buy stock and let it simmer a year or 2.

papakong88

u/Miserable-Dingo2728, I am moving your question here, so the discussion will be in one place: *“Based on the newly posted strategy for rolling an ITM PS after you found out at 10.30 AM that you are 190 points ITM, what was the thought process behind rolling it to Monday with the same strike-24740. Based on your strategy wouldn't it have been a right decision to roll it to ATM on Monday and then shorting a CS?* *However I am happy that your roll worked out!”* The procedure is used to roll an ITM PS or CS out with the objective of getting the cost and risk down to as low as reasonably achievable (ALARA) level. The available resource is the BP for 2 ICs. At 10:30 am CT on Friday, 10/10/25, NDX=24550. The 24740 PS is 190 ITM and would have a max loss. The first step is to roll the PS out. This usually will have a cost. Then we will sell PS and CS to lower the cost.    To achieve the ALARA objective, we can vary many parameters such as the expiration date, the strikes and the number of PS or CS sold. The process is iterative, i.e., the parameters are changed until the objective is met. The objective is met if the cost is below an acceptance criteria. My acceptance criteria is $5. (This is arbitrary. It is an individual choice.) We will try to roll it out to Monday, 10/13. Roll out even to 24740 would cost 9.00. Roll out ATM to 24550 would cost much more. If we roll out even and then sell 2 PS, we can meet the acceptance criteria. Therefore, it is not necessary to sell a CS. If we roll ATM to 24550 then sell 2 PS,  we cannot meet the acceptance criteria. We must sell a CS. It’s a judgment call. Every setup is the correct setup based on our judgment. Looking back, I had 3 episodes of potential max loss of 100. They are documented in [https://www.reddit.com/r/options/comments/1l28vfd/0dte\_with\_ndx/](https://www.reddit.com/r/options/comments/1l28vfd/0dte_with_ndx/) The dates are - 1/27/25, 8/19/25 and 10/10/25. You will see the rolls are different but the basic principle is the same - roll and have somebody paid for it.  

LadyQRex

There are several major BP companies that would love to acquire the IBRX pipeline. With all of its patents, the company should be worth 10x more than what the SP suggests. We have to deal with the shorts first which would give him plenty of leverage in partnership negotiations. In a worst case scenario, he sells and we still win.

AippleMac

Ps Also a good path of science I like seeing. Some of the BP banter was…..

atx78701

Most people won't beat the s&p It can be done but not by trading I get the best return when something bad happens to a fundamentally solid company and the stock takes a big hit. Mostly I do vgt Things like Exxon oil spill, BP oil spill, mad cow disease, covid, etc Those things are not very often so I rarely watch the market

Disastrous_Room_927

>am I green at any point the stock moves up? Not necessarily - you only gain intrinsic value on calls that are ITM, and it's extrinsic value will change based on (among other things): * Time: theta isn't as big of a factor when you buy that far out, but that call will lose value over time regardless. * Volatility: you'll be long vega so the call loses extrinsic value if volatility decreases. These things are part of why a synthetic long is buying a call and selling a put at the same strike and expiry: the greeks and extrinsic value offset each other, and you're at approximately 100 delta regardless of how the price moves. It's not always the case that this means the premiums and greeks cancel each other out - pricing may reflect expected dividends that you'd miss not holding actual shares, so on something like TLT you might net 25 dollars opening a synthetic long near the ex-div date. In isolation, BP usage is the same regardless of the strike, but you can be strategic about it - if you already have a long put, open near it can make it so that you can open that synthetic position for next to no BP hit and use cash that would otherwise be tied up elsewhere (provided that you're careful about having BP available for assignment). Or you can selling deep ITM on the put side for a massive credit, and if your broker supports it, earn interest on the cash you receive that's being held as collateral (an example of this would be if your broker does cash sweeps for collateral or allows you to trade with t-bills instead of cash).

farcat

Orcl CEO's wife was just confirmed as a Chinese operative tasked with infiltrating silicon Valley business to steal tech/trade secrets. Huge liability on ORCL's part. Not sure if this news is priced in yet, id imagine orcl dumping much harder. Do with that as you will, my BP is depleted but id be tempted to pick up some 90 day puts

SlothsonSpeed

I'm already almost out of BP. What a fucking poor

EfficientAd7124

I’m looking for prices to drop as revenue increases from Grab’s other services! Ideally as Grab’s margins, efficiency, and total revenue across services increase, so does the SEA economy, creating a “double driver” for growth of Grab. Grab is a great way to invest in SEA overall, because over the next decade Grab will benefit heavily from the rising consumer BP. Also, tourism is also set to rise still over the next 5 years, which will help the company grow as well.

papakong88

The options have no value in the last week and can be rolled out. I let it expire because I have BP to sell the new one.

hgreenblatt

Fine if you continue to get interest on the Cash of the Cash Secured Put. Otherwise it stinks. Also most are not happy to get a stock as it goes below their buy price. In a Margin Account with Selling of Options approved, the following Amzn, Appl,Googl, Coin,Bidu, Nvda, QQQ allow you to Sell Puts for 2k-6k in buying power, so a 230 Google Put is about 3k BP where the BP may be earning interest. 3k a lot less than 23k. That is called Leverage.

Orantolifestyle

How do you have $160 BP with only a $12k account?

rackoblack

It varies every time, but lately it's been to book LTCG for expenses in FIRE. I try to choose holdings that are a hold rating, at best, rather than selling those at a buy. Over the 30y getting to here, about 1/3 of our nw ended up self-managed in from 10-25 stocks/ETFs at any given time, ended up about half of that is in rollover IRAs. I got in and out of BP, in after they blew up the gulf out with some profits. I got into GE from teh get go because who didn't want GE! Bought more at their low of $6 going into 2009, made plenty of dividends along the way but ultimately closed the position and moved on when it became clear they were not good at being a conglomerate or doing more than one thing at a time. Generally, if Morningstar rates something I own at a hold or better, I'll hold. I'll consider adding more at four or five stars. I always had DRIP turned on up until FIRE, now the taxable account divs we keep as cash for expenses while the IRAs. Some core holdings, I'd sell around the core - trim a bit at low 4+ stars, add some back at lower share rates, sometimes doing so with TLH in the taxable side if losses were there to be booked. TL;DR The answer is basically it varies, bordering on never.

maroLem87

Worth mentioning that BP and Energy Impact Fund decide that $3.15 per stock is a fair price to convert their 25M loan [https://www.sec.gov/Archives/edgar/data/1847986/000149315225018691/form8-k.htm](https://www.sec.gov/Archives/edgar/data/1847986/000149315225018691/form8-k.htm)

Just_a_Berliner

Equinor, Shell, BP.

Putrid_Leg_1474

I hope so. Sadly the quoted prices displayed me in negative BP. Would have likely resulted in a false margin call tomorrow. Had to throw some wings on a SLV strangle to free up some stuff. Didn't want to do that at all.

Much_Willingness4597

It’s not about directly about losing money a blind squirrel would’ve made money in the last 10 years… ESG was really never about trying to do “good” it was about avoiding companies that didn’t control asymmetric risk factors. Take BP in oil. I know people who work in oil Fields, and who operate on rigs. They were well known to be absolutely insane cowboy doing dumb shit. On deep water Horizion there were a dozen things they should have done they didn’t and ALL of them at a normal oil offshore operator like Chevron: 1. Required a VP signature.(and no VP would’ve signed off on any of those risks). 2. Would have resulted in an immediate termination if anyone found out you were doing them.

snake_case_captain

Your ass just got [reverse split](https://share.google/a10YvBiyIExgRR1BP)

HunterAffectionate96

Bechtel is the best out there - no doubt on that when it comes to construction. Execution not only applies to Bechtel but how capable is the management is the real question. Everyone can agree Cheniere management is exceptional - when it comes to operations. An example of this is VG - not very good guys. Sometimes people need to learn not to believe everything that the management says. VG mgmt told investors arbitration should be favorable - but then recently got smashed when they lost to BP (albeit won against SHEL). How about the next 5 arbitrations? NEXT mgmt says macro outlook is good - yes but not in the near term (of course I might be wrong) but seems the risk / reward is a bit skewed imo. Russian Arctic 2 is a big risk (and Sakhalin and Yamal will continue to run) not to mention Qatar NFE. Recently Pouyanne (TTE CEO) and SHEL and other major IOCs saying LNG oversupply is a key risk in the near term. These guys know what they are doing - have robust trading / marketing businesses and are the major LNG offtakers. Of course I might be wrong but there are other good and less risky investments out there that NEXT.

greytoc

You are correct. It can in theory be done with a Reg-T account at RH. But the leverage is a lot less. Last time that I looked - RH doesn't offer PM margin or the ability to generate a synthetic loan using box-spreads. Without the ability to generate a synthetic loan - it would seem a lot more inefficient. With a broker like Schwab or Ibkr - the way it works would be something like this. Investor has $500k in a PM account. Assuming that the account is 100% invested - this could result in about $300k in BP. Let's say the investor wants to borrow 100k for 3 months. They could generate a synthetic loan of $100k by writing an SPX 3 month box spread. This would generate 100k in cash at approximately 4.2% rate today. The BP impact in a PM account is only about $150 per spread. The investor can then withdraw up to 100k.

miTgiB37

The failing fiat currency only is screaming buy hard assets. So gold/silver and their mining stocks, timber REITs, oil stocks, income producing real estate...... I am sitting on about 5% physical gold/silver, a good chunk of GDX, NEM AEM B and lots of CVX XOM BP

Sunt_Furtuna

But you have to have a large account to do that, no? Like, you run out of BP pretty quick.

papakong88

The 0DTE strategy recommends that for each IC we sell, we must have BP reserved for 2 ICs. In my example, I will be selling 2 PS for $1 each early in the day. At this price, the strike is OTM. The amount OTM is equal to 3X the Expected Move.

Citizen_of_Danksburg

BP?

beans420666

Lost half my BP on Thursday on 0dte, decided to just add to long term instead and start again with what's left on Monday. I'm going to bring my BP and get money back 💯 💪 Nice gains. You have a great trading strategy. Keep up the grind 💪 🔥 💰

papakong88

The standard is there but the interpretation is different. For example if you sell a spread and later in the day you close the short, then you can get a day trade margin call if you do not have the BP for a naked option.  Schwab will not do that.

jarMburger

Usually people aren’t selling that far out because there’s very little theta decay on that long dated contracts. I usually sell weeklies or monthlies so I can put my BP back to work faster.

im-regarded

Half my BP gone trying to revenge trade. I am going to shove a C4 up my arse

anonkraken

These 50BP swings on SPX are wild and fun. Totally legal and very cool.

Josepth_Blowsepth

Your $2.59 BP is no flex

Traditional_Page_75

Rockefeller was the richest man in the world when he died in 1937 with 1.4bn. 430bn today. Interestingly, he made the majority of his money after the breakup of Standard. As the American economy grew into its own, the wealth generated from his shares in Exonn, Chevron, BP, ect. Were simply unimaginable.

BasedBallsInMyFace

How is BP < port value total?

Educational_Coach269

what a waste of time. Nothing going to change by you staring at your holdings bruh. Only BP will go up and down through out the day. take a deep breathe my friend.

SlothsonSpeed

How tf am I always out of BP when this bullshit happens

ImFaucy

Anyone else make plays with some money but save some BP just in case but then end up not using the BP but could’ve full sent the plays you already made since those hit

hgreenblatt

If you have 100k you might get approved for level 4 access , but not 24 million BUYING POWER. BP is either Cash, or a percent of your assets at the brokerage, there is no margin for BP used for Selling Options. You get 2 or 3 times margin on your cash/assets, for buying stock.

Haoieee

bruh how is my BP not settled today

VigilanteWit

Forgot to leave BP, so probably nothing

Martin_2704

If the P3 Study is successful, I assume Newron will be bought by BP for couple Billions which means > 100 chf stock price (currently 15 chf)

Thump604

Besides what everyone else has said, that is not what I would consider efficient use of cash or BP. Puts are best to sell on Green Day’s with higher IV. Are you trying to get assigned at a desirable strike?

SlothsonSpeed

It's gonna gap down another 1% by monday and I don't have any BP. This fucking sucks

SlothsonSpeed

Well, all the bers got the huge confirmation they were looking for; there were THREE trend reversal candles leading up to today and I was expecting a dip but my dumbass spent all my BP scalping calls to end flat on the day anyway.

tarix76

The wheel claims another victim. Just use spreads and take your losses when they come. It's crazy to tie up buying power with CSPs and then the actual stock. The most likely outcome is you bag holding for years and having all of that capital just rotting away while you pray for your losses to finally recover. (The second most likely is you missing out on big moves with good stocks... if you like NVDA so much then just buy it for those huge gains.) Keep it simple... small account that you can refund? 5% of your BP per trade. Your real account or IRA? 2% of BP per trade. You don't like your commissions? Trade like this for a year and request a discount. Journal everything, use Excel or LibreOffice, and figure out what trades you are good at and what you suck at. (I avoid earnings on many sectors now...) Also, start trading to win money. If you are trading just to call things plays, to call your bad plays a port, and to use other WSB lingo then you are doing it wrong.

Apprehensive-Ad-477

Meanwhile the stock price is becoming smaller, almost single digit- WT% is going on? They seem to have lost the arbitration with BP- but saying it will not have any material effect, really? I am bidding 8 in case someone panics , then 6, then 4..Kets see how low this POS can sink

IncognitoRules

Sorry I was in a rush when typing the post cause I have school but let me explain it a bit more. The contract im wanting to buy is USAR. Im wanting to get a contract ITM with an expiration of about a month or so. I got the alert that any trades whether it was ETF's, Options, or anything with equity, they'd be settled tomorrow because of something going on with banks (i forgot what it was). I wanna buy a contract now while its still within my BP but the alert and some research to me suggest that they'd be exercised tomorrow? So no the DTE is not tomorrow but in a month from now, it is ITM, but im confused on what exactly it means by they'll be settled. Edit: So here's what it says: Columbus Day Market Schedule Banks will be closed on Monday, October 13th in observance of Columbus Day, while U.s. equity and options markets remain open, fixed income markets will be closed. On Friday, October 10th, Trades involving equities, options, or fixed income will settle on Tuesday, October 14th. Additionally, please be aware that all deposits and withdrawals will require an additional business day for processing due to the bank holiday. We encourage you to plan your transactions accordingly. So they'll settle Tuesday not tomorrow but the question remains the same. What does it by "will settle on Tuesday". Does it mean they'll be exercised on Tuesday or does it mean that orders will go through on Tuesday?

UshijimaX

Look, I get it - you had a rough decade with UiPath and watched implementations crash and burn. That’s valid frustration. But let me push back a bit here: “It was NEVER easy to use” Bro, compared to what? Writing actual code from scratch? Building custom Python scripts with Selenium? Sure, UiPath isn’t Lego-level simple, but it’s WAY more accessible than traditional development. The whole point is lowering the barrier to entry - not eliminating all technical knowledge requirements. “Windows update changes a pixel and everything breaks” This is literally every screen automation tool ever made. Blue Prism? Same issue. Automation Anywhere? Yep. Power Automate Desktop? Also breaks. This isn’t a UiPath problem - it’s a selector-based automation problem. That’s why modern RPA emphasizes API integrations, computer vision, and AI-based element detection over rigid pixel coordinates. “Clients didn’t have developers on staff” Okay but… that’s a CLIENT problem, not a UiPath problem. You’re basically saying “we sold a technical solution to non-technical people and they couldn’t maintain it.” Like, yeah? That’s true for literally ANY enterprise software. Would you blame Salesforce if a company bought it but didn’t train anyone to use it? Now let’s talk about your competitors: - Blue Prism: Even MORE enterprise-focused and complex than UiPath. If you think UiPath needs technical skills, BP is like “hold my beer” - Automation Anywhere: Had serious cloud migration issues and their licensing model has been a nightmare for years - Power Automate: Decent for basic stuff, but limited compared to UiPath’s capabilities. Great for Microsoft-heavy environments though The AI/Agentic Angle: Here’s where you might actually have a point with your puts. The pivot to “agentic AI” is either genius or desperate - jury’s still out. But RPA isn’t dead, it’s evolving. The companies that survive will be the ones that integrate AI to handle those “pixel changes” you hate. Position or ban though - what strikes and expiry you holding? 👀​​​​​​​​​​​​​​​​

Ready_Philosophy_734

He might surprise us with a 50BP raise!

juicytootnotfruit

I literally only hold it for the dividend. Once the last of my shares finally hits that 1 year mark I'm going to sit on it until it hits $13.50 again and sell. Then dump all that into FXAIX, SCHD, & DRGO. Then I wait to see if my other disappointing stock picks go up. You know the ones. Pfizer, Intel, Rivian, BP. Although I'm up on all of them this last week the market pushed my 💩 in. But it's ok I'm in this for the long haul. We could see Ford go as high as $13.55 in my lifetime.

papakong88

The strategy can be implemented with IC of any spread size. I chose 100 because it is easy to set up. For each IC, I want to have extra BP for 2 IC for use in executing an exit if threatened. (If the strategy is implemented by selling put spreads only, then extra BP for 1 put spread is sufficient.) Note that the 2 extra BP is not wasted.  With 1 IC I can generate (1.30 x 100 x 250 days = 32,500) per year, for 10 K of capital. Accounting for the extra BP, the income is 32,500 for 30 K of capital. This is plenty of return. I normally do not sell junk with the extra BP after I finish my round.

Dritzz-9966

NVO, LLY, ABBV, JNJ, ... There's a lot of BP left.

Virtual_Candy8193

I mean I don't mind paying for the doc, I will. The hospital portion of the bill is 8x of the doc's amount. All they did was check my weight and BP

Aft3rcuri0sity

Your BP has 46? Reload some $$, we wanna see spy 0 dte

hgreenblatt

You seem to have the concept. Of course if Google sells off to 200, then you may be kicking yourself since you will have a 5k loss. Maybe follow the guys over at Tastylive for a month and watch their free vids for a month. In the meantime chew on this. My answer is always the same, get a Margin Account (Schwab , Tasty, IB platform not for me) , you are pissing away your leverage in a Cash Account. If you have the money (25k but 60k better) to trade options (90% of those responding only have 10k or less). You must get approved for Selling Options, this can be hard at many brokers. Tasty is the only one that gives it to everyone. If you Sell a Put without being approved, then it is a CSP, and none of this applies. You can Sell Puts , Calls or Both on Amzn, Appl,Googl, Bidu, Nvda, for 2k-4k Buying Power. If you get Assigned take the loss close out the stock and move on, or ROLL Forward in Time for a CREDIT. Also you can BUY SGOV , get 70% Buying Power on that and interest every month. If you can afford to tie up part of that SGOV cash for 3 months at a time you can get over 90% Face with Treasuries. Selling Treasuries before maturity could cost you a "haircut" , Sgov does not suffer from that. Key:: Always keep 100% of the BP as backup for a Down Move, so if the BP is 10k, keep another 10k as backup. Follow Tasty mechanics , Sell at 45dte, close or roll by 21dte, have a profit target in 50% area. Do not Sell 40 Delta Puts... I rarely do over 20delta, 30delta is ok but you will get tested often. How can this be , everybody on Reddit is wheeling! Try these Tasty vids to see what most Reddit users do not know or worse understand. [https://ontt.tv/3jAf4Ba](https://ontt.tv/3jAf4Ba) Buying Power Factors Oct 28, 2020 [https://www.tastylive.com/shows/tasty-extras/episodes/a-refresher-on-bpr-06-29-2020](https://www.tastylive.com/shows/tasty-extras/episodes/a-refresher-on-bpr-06-29-2020) [https://ontt.tv/2CLbOjn](https://ontt.tv/2CLbOjn) What Affects Buying Power? Nov 14, 2019 [https://ontt.tv/JeGVN](https://ontt.tv/JeGVN) Short Puts vs Covered Calls vs Poor Mans Covered Call Jul 9,2024

907cconnak

I need to make 1k/day and today is making it tough, but, im up 300 and I have calls for next month. Out of BP. Guess I should do sum else 😕

TheInkDon1

Can I ask you to check an example ticker? I use Schwab, so I don't know how IBKR does Buying Power (if that's what you're referring to), but in my Schwab Cash/Margin account, LEAPS Calls still usually win. I like gold a lot, and **GLD** gives great leverage when buying an 80-delta LEAPS Call. So can you check the Buying Power Reduction when you buy 100 shares of GLD? Because I think that's what you're talking about, right? You can buy a stock, but only get "charged" a third or a fourth or a fifth of its cost as Buying Power Reduction (or BP Effect). So what is that ratio/leverage for you on IBKR? Thanks.

papakong88

You have 28 x 10/7 6720/6730 call spreads. Currently, SPX = 6740, we want to roll to 10/8. 6720/6730=7.65. Checking the expected move of SPX on 10/8 using the ATM straddle value. EM = 23. I like to roll up to a strike equal to 2xEM or 6780/6790. The call spread = 1.65 so roll up is a debit of 7.65 - 1.65 or 6.00. To offset some of the debit, I would sell the 6700/6690 put spread for 1.25. The 6700 put is also at 2xEM.  The net cost of the roll is -7.65 + 1.65 + 1.25 = 4.75 which is half the max loss. If you have BP available, sell some 10/7 or 10/8 ICs to lower the cost further.

Recent_Register_2952

Yo RH, if I don't have the buying power than don't say I do. Do I have thousands of BP or not motherfucker? Can't place a fuckin 10 dollar bet on a game?? FUCK YOU VLAD YOU GOT ME ALL FUCKED UP TODAY 

cardboardyacht2

Want to rip nbis 135c but out of BP bc I'm a poor

hgreenblatt

Love the answers, It is terrible thing to do, risk is unlimited, I would never do that. All totally useless. In theory risk is unlimited, but not really. You have to get approved to Sell Options Naked . I never used to say Naked but on Reddit people only seem to understand Selling Calls if they have the underlying Stock. Actually that is a buy and Hold strat , not an option strat. No you do not need to own the stock to Sell Naked Calls. You have to be approved (I think Tastytrade approves everyone if you sign up). You need Option Buying Power once approved , which could be Cash, or stuff like Sgov or some stocks you own. How much BP do you need to say Sell a 20 Delta Call on Amzn... 2k-5k , depending on broker. Gee Schwab does not think My risk is unlimited, they are holding less than 3k. Rule of thumb, keep an equal amount as Spare Bp in case the market changes on you. Also once you have sold a Call you can usually Sell a Put with no additional BP. Pick a Platform that shows the Buying Power required BEFORE you do the order. Here are some Tasty vids to chew on. Buying Power [https://ontt.tv/3jAf4Ba](https://ontt.tv/3jAf4Ba) Buying Power Factors Oct 28, 2020 [https://www.tastylive.com/shows/tasty-extras/episodes/a-refresher-on-bpr-06-29-2020](https://www.tastylive.com/shows/tasty-extras/episodes/a-refresher-on-bpr-06-29-2020) [https://ontt.tv/2CLbOjn](https://ontt.tv/2CLbOjn) What Affects Buying Power? Nov 14, 2019 [https://ontt.tv/JeGVN](https://ontt.tv/JeGVN) Short Puts vs Covered Calls vs Poor Mans Covered Call Jul 9,2024

papakong88

I am currently making 20 K a day with about 160 IC. This is more ICs than usual because I am using a larger OTM for the puts.   My strikes are 3X + 100 points for the puts and 3X for the calls. The premium is about 1.30 per IC. The spread width is 100 points. Therefore the BP is 10 K per IC. I like to have 20 K of reserve BP available for each IC sold for risk management. (10K minimum is recommended.) Therefore, I put aside 30K per IC. The ICs are sold in the first 90 minutes. After that, when I am sure that I don’t need the reserve BP for risk management, I may sell junk with the reserve BP. Junk ICs are far OTM puts that have little chance of becoming ITM. I can get 0.50 per junk IC. I like to call it a day after I sold 20K - returning only in the last 90 minutes.  

inappropriateshallot

The chances of becoming an Indian Dr. at a health network in the US are 50 to 60%. I like my Indian Dr. though I suspect he secretly judges me and he watches my BP like a damn hawk. I am going to ask for viagra at my next check- he'll probably say no and tell me to eat better or something.

NewOil7911

Open AI has a liquidity problem coming in the next years. Their own CEO wants to raise $1 *trillion.* LLM infrastructure is extremely costly. Also the BP of Open AI is accessible online: it has invented a new definition of the word *optimism* :p

hgreenblatt

Fella you Sell Puts on QQQ when the market goes up. I did get in at the wrong time on 9/23 noon, and watch the market go against me for 3 days, but now it is a great trade. The only thing I may have done wrong was not sell more as the QQQ fell. In a margin account with 60k BP , you use 6k per Put, say a 15-20 delta 50/60 days out.

hgreenblatt

That is odd/interesting. Tom was the one who started a Wheel at Tos to always try and place the order with the group giving the best prices. I know they started Tasty that way , but IG bought them over 2 years ago. Schwab the stuff shirts now offer better prices , just incredible. I was with Tasty but came back to Schwab a few years ago, just like Tos better. Also I find the BP better at Schwab when selling options.