Rononette has a class competition for best return over the term of the semester. It's all or nothing, so 2nd place is a loser. Any ideas?
Heineken-Ashi said:
AUST - Expecting 3-4x
Bob Knights Liver said:
You could go contrarian and buy shares in SQQQ or some leveraged bear etf.
You could have him buy "shares" in NVDA251219C00180000 or some other calls of a stock you like with a December expiry.
chris1515 said:Bob Knights Liver said:
You could go contrarian and buy shares in SQQQ or some leveraged bear etf.
You could have him buy "shares" in NVDA251219C00180000 or some other calls of a stock you like with a December expiry.
If the objective is to win, I like the idea of a maximum levered short etf.
That's probably not the best approach for learning about the stock market and investing, but I think it could be a nice lesson in game theory.
cgh1999 said:
WWR
chris1515 said:
Let's say there are 20 kids in this class.
If 19 make a normal "long" pick, then you have to make the best pick out of 19 to win.
If you're the only kid that's short, if the market declines, you won.
Which has the higher probability?
If the market going up has a 90% chance, then you'd have a 1/20th chance of having the best stock pick among all the class, so that would be a 4.5% chance of winning.
But on the 10% scenario it drops, assuming you're the only one going short…you win.
4.5% vs 10%?
I have no clue what those percentage assumptions should really be though.
rononeill said:
And we she got TPG! Let's go!
Todays close: 62.45
Tesla: 335.16
NVDA: 182.01
EnronAg said:chris1515 said:Bob Knights Liver said:
You could go contrarian and buy shares in SQQQ or some leveraged bear etf.
You could have him buy "shares" in NVDA251219C00180000 or some other calls of a stock you like with a December expiry.
If the objective is to win, I like the idea of a maximum levered short etf.
That's probably not the best approach for learning about the stock market and investing, but I think it could be a nice lesson in game theory.
we are in the midst of a very strong bull market...why on earth would you take a leveraged short ETF for the balance of the year?!?! while there definitely should be some chop and volatility and a little correction, this market will rip after that...if anything, they should be going into a leverage bull ETF...we are going to 7,000 late this year or early next...bookmark that!
EliteZags said:EnronAg said:chris1515 said:Bob Knights Liver said:
You could go contrarian and buy shares in SQQQ or some leveraged bear etf.
You could have him buy "shares" in NVDA251219C00180000 or some other calls of a stock you like with a December expiry.
If the objective is to win, I like the idea of a maximum levered short etf.
That's probably not the best approach for learning about the stock market and investing, but I think it could be a nice lesson in game theory.
we are in the midst of a very strong bull market...why on earth would you take a leveraged short ETF for the balance of the year?!?! while there definitely should be some chop and volatility and a little correction, this market will rip after that...if anything, they should be going into a leverage bull ETF...we are going to 7,000 late this year or early next...bookmark that!
its the equivalent of bidding $1 on The Price is Right
Heineken-Ashi said:
AUST - Expecting 3-4x
EnronAg said:chris1515 said:Bob Knights Liver said:
You could go contrarian and buy shares in SQQQ or some leveraged bear etf.
You could have him buy "shares" in NVDA251219C00180000 or some other calls of a stock you like with a December expiry.
If the objective is to win, I like the idea of a maximum levered short etf.
That's probably not the best approach for learning about the stock market and investing, but I think it could be a nice lesson in game theory.
we are in the midst of a very strong bull market...why on earth would you take a leveraged short ETF for the balance of the year?!?! while there definitely should be some chop and volatility and a little correction, this market will rip after that...if anything, they should be going into a leverage bull ETF...we are going to 7,000 late this year or early next...bookmark that!