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FBL250516C17000

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8.11
+0.01+0.12%

15min DelayClose Apr 30 16:00 ET

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GraniteShares 2x Long META Daily ETF Stock Discussion

10baggerbamm

5 hours ago

$GraniteShares 2x Long META Daily ETF (FBL.US)$ I was biting my nails I'll be the first to admit it
I sold a lot of puts for May 16th expiration just outside of the money the premiums were enormous.. and that's because of the volatility for the potential of a miss. I took that premium and I bought the ETF outright.. so now the question is is meta going to follow the same pattern as alphabet Google where it traded up but in subsequent days it decline... if meta does decline in coming days because...

10baggerbamm

6 hours ago

meta increase their capex to a level higher than what anybody anticipated

$GraniteShares 2x Long META Daily ETF (FBL.US)$ $Meta Platforms (META.US)$
this is huge so data center build out is 100% full throttle and meta should be bought if you don't own it and I'll tell you I'm not a big fan of Zuckerberg but he knows how to run a company so kudos props give them all the accolades he's firing on all cylinders you'll hear the conference call maybe they'll talk about advertising dollars slightly because...

10baggerbamm

Apr 14 19:12

$GraniteShares 2x Long META Daily ETF (FBL.US)$ $Meta Platforms (META.US)$ the morning note that I'd like to say about Meta/ Facebook. if they were to be broken up... the sum of the parts are worth a hell of a lot more than the whole.. you should not be afraid at all if the courts decide that Facebook would be split up. you'll make more money. it's not going to come to this I think because that slimeball Zuckerberg has buddy buddied up with President Trump, I think they might work out some settleme...

10baggerbamm

Apr 1 23:09

$GraniteShares 2x Long META Daily ETF (FBL.US)$ if tomorrow is not a total bloodbath we have the ability to rally to about 34 1/8 on this ETF which is just slightly above the 20 day.
so if president Trump comes out and right now the story circulating 20% across the board tariffs on virtually every product. if it's 15% if he does what I propose one of the things is you give these nations an alternative you give them the ability to buy US debt long term 30-year debt at auctions every month to redu...

With the approaching of the exemption from auto tariffs, how will Trump fulfill his promise?

Qapy

Mar 28 21:04

$GraniteShares 2x Long META Daily ETF (FBL.US)$ this is kinda sad

10baggerbamm : it's depressing is what it is

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Qapy OP 10baggerbamm : do u think dca works for fbl? if i wish to hold until it bounce back up?

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10baggerbamm Qapy OP : all of the technology stocks are getting destroyed today this is a 2X leveraged ETF so it's getting crushed it's right at the same level where it was a week and a half ago where it found support and then trade It up $6 from these lows I don't know how much risk you're willing to take there's a lot of people that think April 2nd is going to stabilize the market and provide a balance they think that President Trump's going to reduce tariffs to several Nations and this will offset potential retaliatory tariffs and again it'll stabilize the market which was set it up for a huge rally. it's anybody's guess I mean we're at a low level right now the NASDAQ it could drop $2,500 points it could drop 3,000 points here the people that want president Trump to fail or the ones that are behind the market slides the severe Market sell-offs Bitcoin today dropping it's all orchestrated you just have to figure out how much volatility you can stomach I mean I think it at $30 this ETF is a good value but shit look at freaking Google today it got crushed so I can't give you a direct answer but if you don't own it and you're willing to take some risk and dollar cost in I think at $30 plus or minus wherever it is now I think there's money to be made on a rally just don't go crazy buying if you have 10 grand by $2,500

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Qapy OP 10baggerbamm : thanks, i bought some before it fell dramatically, so maybe i should dca it

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10baggerbamm Qapy OP : everything I bought this week outside of my oil and my natural gas positions have been crushed. I bought small amounts compared to what I would do when the market's strong but it's still down percentage wise a lot. you just can't panic at this point. so if you have money available you're a support line where I think people are going to start buying and I don't know if we're going to roll at the end of the day in the last half hour I don't know if we'll rally a little bit because the short seller step back and let the market lift a little bit.. the last time the market recovered Facebook it outperformed all of the other mag7 excluding Tesla obviously which collapsed. so it should recover the most again

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10baggerbamm

Mar 24 21:48

$GraniteShares 2x Long META Daily ETF (FBL.US)$ 🚀

10baggerbamm

Mar 22 00:33

$GraniteShares 2x Long META Daily ETF (FBL.US)$ there's big institutional money buying meta
there's more institutional money going into meta then there is any of the other mag sevens

10baggerbamm

Mar 21 22:26

$GraniteShares 2x Long META Daily ETF (FBL.US)$ $Meta Platforms (META.US)$
we're almost an hour into the morning the first few minutes are the markets all over the place everything gets discounted you get retail that panics retail is selling out the market makers are sucking up cheap stock they flip it the minute that there's an uptick they make millions and millions of dollars and are basically a riskless transaction happens every day.
the point is we're almost an hour into the market you need to...

WolfRun

Mar 20 22:34

Do you like the market tonight?

Who likes the market tonight?
So far so good to me. Big movers $Meta Platforms (META.US)$ $Apple (AAPL.US)$ $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ $GraniteShares 2x Long META Daily ETF (FBL.US)$
Others to hurry up $Amazon (AMZN.US)$ $NVIDIA (NVDA.US)$ $Microsoft (MSFT.US)$ $Taiwan Semiconductor (TSM.US)$ $Palantir (PLTR.US)$ $Booking Holdings (BKNG.US)$ $Advanced Micro Devices (AMD.US)$

Huang's updated quantum computing stance: Time to position in the sector?

10baggerbamm

Jan 7 18:36

$GraniteShares 2x Long META Daily ETF (FBL.US)$ nailed it.

BelleWeather : Hey, congrats! But, why trade the LETF vs shares or options with which one can choose fees, risk, timing, leverage, etc? Or even trade options ON the LETF (lower cost of entry, easy to front run and at a disadvantage with daily rebalancing that one can exploit?)

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10baggerbamm OP BelleWeather : I think I know what you're asking I've never heard it put that way but let me try to answer it.
very seldomly do I buy calls or buy puts
the reason is statistically 90% of the time they expire worthless so when I'm involved with options the vast majority of time I sell puts at lower strike prices in the current market to collect the premiums on companies that I'd like to own typically they're just above the support line and if I get put the stock or the ETF I'm fine with it or I sell covered calls so I become the casino and I let other people become the degenerate gamblers by buying the puts and calls I just sell the puts and sell the covered calls.
that answers that question and the reason why I didn't buy calls here is because most of the time you can be right about the movement of an underlying stock but you're wrong about the time and the time value decays and your option expires worthless
as far as buying the individual stock I want the leverage and that's why I use 2X and 3X ETFs the vast majority of time. whether it is on an index or an individual company it's the easiest way to obtain leverage at the lowest cost solution.
if I were to buy a thousand shares of meta as an example and I wanted 2x leverage in theory I'd have to buy 2,000 shares or I'd have to go on to margin and buy a thousand shares on margin in order to obtain that same 2x leverage that this ETF offers.
cost of borrowing meta on margin is going to far out way buying it through a leveraged ETF and let the management use underlying options and derivatives to create what works out to be about a 2X leverage most of the time understanding that leverage ETFs can trade at a premium or discount than that asset value throughout the day.
so that's why I typically don't buy call options even if I'm very bullish believing something's going to go up and throughout the year I have but call options on certain ETFs I bought nail last year and I made 18x and a couple of days on a call option. and same with micron last year when it had a huge gap up on earnings I did very well in options on that.
so if I do call options typically it's very short period of time to expiration a couple of days at the most so maybe it's a Monday Tuesday purchase for Thursday Friday event that I think might happen and by Friday at 4:00 p.m. they're worthless anyways so I'm not really buying a lot in time value I'm just looking for a big gap and I know my loss going in and I figure they're going to go to zero if I'm wrong.
so hopefully that answers your question

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BelleWeather 10baggerbamm OP : Um, honestly a jumble of contradictions! Don’t wish to argue, but hiring degenerate gamblers to manage the risk and leverage is not inexpensive, though certainly is easier, I suppose…but confusing as clearly one wouldn’t wish to employ anyone to lose 90% of the time. Anyway, you don’t prefer it and that’s fine. Have a great day and congratulations again on your success!

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10baggerbamm OP BelleWeather : you obviously have no idea what you're talking about because the cost from the management fees of a leveraged ETF is far less than what the cost would be if you try to do it yourself that's just a fact I've been in leverage ETFs and I've hold some for a year and a half right now so when people talk about decay I know more about it first hand than anybody that regurgitates with somebody else told them because they listen to what somebody else said or what somebody else read online.
as far as call options and put options buying them 90% of the time they expire worthless that's a fact if you choose to ignore it good luck to you you're going to go broke in the process of trying to be the Las Vegas Gambler that's going to win at the roulette table because the odds are stacked against you nine to one and that's a fact of life.
if you want to buy the common stock buy the common stock you don't get leverage so I made it a simple to understand obviously this is just way above your pay grade to comprehend..
the cost of margin interest at moo moo which is variable not fixed is 6.8% on an annualized basis and then you can see below what the annualized fee is if you were to stay in this leveraged ETF for full year you tell me what is more expensive what is less expensive.

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