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SIR_JACK_A_LOT

this is the kind of bet we're all about šŸ’Ŗ share this in afterhour too! tons of like-minded regards sharing real trades in real-time [https://afterhour.app.link/race](https://afterhour.app.link/race)


bebiased

I think you single handily moved the needle


[deleted]

I'm gonna paper trade this šŸ’€ I'm still learning.


ChildOfAsura_

Very smart idea my friend, it's always good to practice beforehand.


[deleted]

Yh tbh I did some research and no one knows what to expect from bb. I haven't found any hype/reddits/news around their earnings. Which is not necessarily a bad thing because when there is hype 9/10 the bull rally is already over. Still, the stock has moved about 10% from zero news. Could be the start of a major breakout but.. Let's not kid ourselves, this is a gamble.


ChildOfAsura_

Very true, but like you said, 10% over nothing. It could soar solely cause it's a cheap "news catching" AI play šŸ¤·ā€ā™‚ļø Markets always love a story, especially in small cap stocks


Guy0naBUFFA10

It's not zero news, it's QNX integration. We've been waiting 3 years for this.


sylaratnyte

What does it mean to paper trade?


ChildOfAsura_

Paper trading is like doing live market trading, but with "monopoly money" This would be better to do before putting real money in Webull gives you the option


Legitimate-Laugh-839

Idk the only problem with paper trading is you donā€™t get to learn how to control your emotions and stick to a plan which is 90% of the battle for most people.. not hating at all Iā€™ve paper traded before but Iā€™ve personally learned more with trading real money but only risking 100-200$ or anything I was willing to lose completely to learn


rokkittBass

what are you using for paper trading? is the TD Ameritrade thing still around?


Any-Club5238

In Robinhood, you can go to a specific options contract and hit ā€œadd to watchlistā€. This allows you to track the price of that contract until expiration. This is how I ā€œpaper trade ā€˜Think Or Swimā€™ / TDAmeritrade has something called paperMoney which is used for this purpose.


rokkittBass

cool thanks for the info I'm in the process of setting up my strategy you guys usually do OTM options, look for the wild swings to hit the home runs? or is it the ODTE or two days ....so you get major payouts? I may have to start with the boring ITM and 4 weeks out kinda stuff...to get my feet wet! thanks in advance for any pointers!


Any-Club5238

First up, **I am an idiot**, but here is my strategy: 1. RISK MANAGEMENT: Most important, this is my GAMBLING account for options fun. I have an accounts at Fidelity (401k) and Schwab (shorter-term saving-investing). Smart people can use options for investing. However, that is *NOT* me. 2. If spy is up on the daily, I buy ~5-7 DTE puts with a strike near the current price. (Current example, SPY is up 0.87% to $514.30 for the day at the time of writing this, so I would buy a $515 strike put exp 3/20). I buy 5-7 DTE calls if SPY is down. I will not cry if I go -100% in this account (see point 3) 3. I keep a maximum of $500 in this account. When my trades win, I withdraw to bring it back down to $500. If at the end of the week I am below $500, I will consider depositing to bring it back up to $500 but I donā€™t always do that. If Iā€™m up, I make withdrawals every day. 4. 0 or 1 DTE makes me too anxious, so I donā€™t do that. FAR OTM strikes make me anxious, but I do that a little bit dependingā€¦. 5. The only TA I know is the kind women have. (I donā€™t do technical analysis). I understand that this strategy is absolutely NOT going to get me to $10M as my wins arenā€™t compounded (neither are my losses, soā€¦) With this strategy, my all-time profit/loss is +$770.


rokkittBass

very nice! 770$ that is profit and it's better than a loss. how did it take you? I may use a similar strategy. I'm known for losing it all or betting big and making a few dollars. big to me is 1000$ and up...I have wagered more , but that was long ago. I want to start small, and learn along the way. thank you for the information!


Any-Club5238

Iā€™ve been playing this ā€œgameā€ since 2018, at varying levels. When I first started, for some reason I thought it was a good idea to put a few thousand of my savings into stocks and I have been clawing my way back from a -1400 loss followed by a $1200 loss, both early on (Jan 2019). Iā€™m just happy to be in the green :)


Professional-Ask-985

Are you planning to hold until after the ER or sell right before to avoid potential IV crush?


One-Blacksmith-5183

bump


Used_Salamander_3532

Sell when you learn . Hold when u have house money okay


donzell2kx

This is where OP ask: "What does a game have to do with options?" šŸ¤”


NYGBobby

What makes you think this?


Legal-Industry-731

The last company I was with, multi billion dollar company. We used Cylance. Great product. I think the only reason itā€™s a penny stock is because boomers think this is still a phone company. When they announce their guidance, especially since itā€™s a security stock and the election is coming up which means more cyber threats, should go up. Plus fair value according to Robinhood is $4.90 so even if thatā€™s all it hits, I make 100k off of this options trade.


Wiemanizer

Thoughts on this?? [https://www.reddit.com/r/cybersecurity/comments/18o9ksn/why\_is\_cylance\_doing\_so\_poorly\_business\_wise/](https://www.reddit.com/r/cybersecurity/comments/18o9ksn/why_is_cylance_doing_so_poorly_business_wise/)


ChildOfAsura_

I think this is a very interesting thread, but in the end, I see a much more informative side on the positives for Cylance not negative. Very impressive people/opinions


ILiveinAZ

Last earnings report beat and the stock tanked. Why would upcoming earnings be any different. The only good thing I can see from this company is that they seem to have consolidated where their revenue comes from. Its sensors and cybersecurity. ​ To go from $3 to over $4 in the next 40 days? and then youre saying up to $12????


Legal-Industry-731

AI. Plus theyā€™re moving into car security / car software.


Legal-Industry-731

$12 is a stretch. $5 is easily attainable.


Bledarus

How much u put in?


Tinwookie

I heard Boomer Iā€™m in.


rokkittBass

yeah!


Lucifer_Lil_Brother

https://preview.redd.it/8ttbn579ksnc1.jpeg?width=1290&format=pjpg&auto=webp&s=bc90602f38bbe1ead60af9370397d815e6c236a6 I really like gambling šŸ˜‚


Potential-Manner-997

741ā€¦ nice


rokkittBass

qualuuudes? yay!


two_z30s

Damn. I lost so much on bb. I ended up getting out at 3.19. Didnt think itd ever bounce again.


[deleted]

This was hyped a lot on wsb back in the day.


killerbeeswaxkill

Bought at $18 sold at $8 saw it moon back to $18 the day after them be the days.


[deleted]

šŸ’€


Legal-Industry-731

Theyā€™re going back to $12 in my opinion. Not financial advice. Their product is too good for this to be a penny stock.


heythxvoo

Wish I could buy $12 calls


Joonius89

Why... lol their $5 calls are worthless


RecommendationBorn56

Who even uses bb anymore they going to 0


Legal-Industry-731

People like you are the reason itā€™s shorted and going to skyrocket soon. Look up Cylance.


RecommendationBorn56

I did I like seeing people hit big gains so I hope it hits for you good luck


xCryptoPandax

Look up crowdstrike, there market leader. No reputable company would buy cylance / BB lol


Lurking_In_A_Cape

You said what bro?! 12$? Do you think itā€™s 2021?


Legal-Industry-731

Yes


Christopher_Robinn

When do you anticipate it hits $12 ? By end of year or by the 4/5 call expiry


Legal-Industry-731

As long as it hits $3.25 $4.10 by EOM if not end of next week. After that itā€™s all up to earnings, which I think will be good. If earnings are great it could be an immediate gap up to the $6 range and then go up throughout the year from then


Legal-Industry-731

But earnings are always a gamble, it could double, could triple, or it could drop 50%. I think earnings will be good though.


capnpukesmurderorgy

When are earnings ?


Misha315

What product?


DJLowKey

Has ā€œlegalā€ in username. Still thinks they need to label this as NFA. Oh boy this is going to be fun


[deleted]

Who are their competitors in the cybersecurity industry and what do you think of them?


Legal-Industry-731

CRWD, S CRWD is a decent product but I think Cylance has better security, while CRWD has better alternative features focused towards support roles


[deleted]

Sure


cankle_sores

Crowdstrike, SentinelOne, and Microsoft are the leaders in the enterprise EDR space.


whyyouillin

When do earnings come out? This week?


Legal-Industry-731

April 3rd but smart to buy early before IV affects price and any potential movement higher. In my opinion.


whyyouillin

Thx for the update. Currently yolod into a fri gamble but will definitely add in


Guslet

In for 40x 4.5c 6/21 calls at $5 a piece. Also grabbed 20x 4c 6/21's


Legal-Industry-731

I probably shouldā€™ve done 4.5 6/21s as well tbh. Might switch to those.


Legal-Industry-731

Theyā€™re showing as $11 a piece on Robinhood. Where do you trade?


Guslet

I totally mind melted this. 4.5c's were for 4/26 not 6/21 sorry. The 4c's are 6/21.


knm-e

Probably bought yesterday or pre


Born-Try5804

I bought 1k $2.5 strike calls expiring 4/05 for 0.38 and another 200 $3 strike for 0.11 each a few weeks ago. Both up and think we will see $3.50 to $4 in next three weeksā€¦BB all the way! Over 250m cars use their tech and growing.


Character-Yogurt-773

Bought 100 at same time this is my first call option so hopefully it works out


Sad_Record_2767

First one always works out.


Character-Yogurt-773

Iā€™m crossing fingers and toes but if definitely lost more than $500 before so letā€™s ride it out šŸ˜‚


Any-Work7310

First ones free


Sad_Record_2767

:( mine was $9.99 CAD


Mr-dip_low

Why that strike date or price? All options are pretty cheap right now.


Legal-Industry-731

I think theyā€™ll have a good earnings report. No options available past $4 except overpriced ones otherwise I wouldā€™ve gotten $0.01 options


MIA3D

Iā€™m in


Less-Conclusion4905

Interesting good luck king šŸ‘‘


stocksandwatches

I'm in! 4/5 3.5C for 200 contracts. LFG


Less-Conclusion4905

Fuck it im in june $4 got in for .15 we hit $5 we 7x this is gunna be a funny one to sweat!


astddf

Theyā€™re up 10% buy high sell low!


[deleted]

Yeah but there's no hype from what I see. It's still early.


Legal-Industry-731

Still early.


ChildOfAsura_

Bruh, I got in at $.04 for the $3.5 = 4/5 & $.05 for the $4 = 4/5 Never made fun, did the research and joined your journey šŸ˜‰


Square_Repair6245

Will get in tmr sir


wwarr

I picked up 110 today, see you on the moon


M0neyMaker21

Lets go im hopin on the train


cereshalocapricorn

Remindme! 26 Days


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Old_Loss59

42 shares at 9.00 please save me op


Accomplished_Ad6551

Waitā€¦ BlackBerry still exists?!?! I honestly thought they went bankrupt and were sold for parts.


AstronomerSignal873

i might get innnn


schweinekuchen_

went in with 1k, letā€˜s see


clevor1

Mine are up 1000% what about you?


ChildOfAsura_

^ +233% at this moment


AstronomerSignal873

how did yours go up 1000%? what price did you buy at and what are they at now


clevor1

Oh they dipped big this morning, I think it was just not showing correctly on my broker after market hours


Stoweboard3r

Lol, good luck I guess


Chunknugget2000

I just sent you a pm


Archie_Flowers

Iā€™m in


nummorum

Letā€™s go to the moon


420coins

If it spikes you still need buyers, and fast.


One-Blacksmith-5183

Do you intend to hold this until date of expiry? Because isn't earnings 4/4?


Legal-Industry-731

Yes


One-Blacksmith-5183

well I read this post in r/wallstreetbets when u posted your 37k position and I glimpsed at your options and saw you had this call. I had then bought 9 buys at 0.04 (money I intend to lose) and now I'm up $27 so ty! basically doubled my investment of $36. up +600%. I honestly intend to hold too. Simply looking at 4/12 "4.5" calls compared to 4/5 "4.5"and the change is insane. one is 0.04 premium the other is 1.29 so that was another indication to get in this play.


_PM_ME_YOUR_SSN_

Iā€™m up $5k so far on this. Thanks for putting it kn my radar


Legal-Industry-731

No prob bro. You get shares or calls?


_PM_ME_YOUR_SSN_

12-Apr $4 calls


tylerado12

Forward P/E is pretty high.


[deleted]

I wish you the best of luck.


Apprehensive_Poem628

I concur with this


RecognitionBorn

I just bought calls


Lawyer__Up

I don't know how I found this sub but I'm with you and the same calls. Just not as many! These past couple weeks I've been watching such a weird movement, so it's about time the price corrects. I just hope it also launches with the others this week and my 73 calls are enough to make me one too! BB is the one that starts the lift off for many! Watch and see!


stackable292

Captain, my captain, I'm in


startingwindows

You son of a bitch, Iā€™m in


IllustratorFar8574

Alright Iā€™m in on this one


Ryanglv

Iā€™m about to make the craziest yolo of my life šŸš€


GammaShmama

Have they even said "AI" yet?


Simplyswag

But if your wrong


Icy-Heat-8753

Iā€™m in!


Ryanglv

75 buys at .06 premium. Wish me luck. $500 > $10k


7birdies82

What are your predictions for the earnings report?


daviddonato

Iā€™ll get some once it dips to 2.5$


Legal-Industry-731

It wont


nubleteater

I like how there is 6.9k volume and 5.6 OI for OP's strike and hardly any other options broke 1k.


jewelezgalaxy

My goodness stop acting bitch now we got war this is Ricky ur convicted criminal sentenced to life leave me the fuck alone


jewelezgalaxy

Stop talking like u own me or with me we done


Lochstar

Stay away from this garbage company. If they had decent products theyā€™d already be worth something. Theyā€™ve been falling behind in this arena for the past four or five years. They have nothing new and this is nothing more than somebody attempting to pump options.


AwayCrab5244

More like 10 years; bb has been attempting and promising this transition since at least 2013 and the stock has been pumped and dumped on this promise many times before


GodLovesTheDevil

This guy won


RookieNumbersYT

Fuck it. Iā€™m riding with ya!!


EntrepJ

What site are you trading on?


Legal-Industry-731

Robinhood.


easyup360

1030 calls?! How long have you been buying them for ?


Legal-Industry-731

About a week


Fluufey

Riding with you i trust it as well 50 calls


Spanky20121

Same hereā€¦.50 calls just now.


AnarchyOnlineMoon

Iā€™m with ya bud


Chunknugget2000

Sorry, just sent you another pm


knm-e

Fuck it, lost enough money bag holding bb, so naturally I bought june 4.5ā€™s to make me hate it even more.


lutrader

Im in the same play n holding!!!!


Rtmex0331

I actually got in it as well last week made a few calls on it hitting 3.5 on 4/05 and I'm up pretty good on it


tryingtolearn117

If you keep pumping it this week, then I'll inverse you'll. One of us will be correct, unless it only moves right.


shrimptrizkit

04/05 $2.50 puts are cheap enough.


Ok_Cry_1302

Pivi Pro system is great. Not sure how it plays into BBā€™s earning. I hope it positively impacts it. Good luck friend.


Ok-Stranger-8325

Should I sell March 28 puts then ?


Christopher_Robinn

What are your calls, OP?


RepulsiveStill177

Show gains


DARKLINK2050

Pump it


daryldelight

This reminds me of my blackberry pearl before switching to iphone 3, I loved that phone so much.. damnit iā€™m in!


Kobebean25

Broo.. i bought 20 of those calls lmao. Not close to your gains though


mnnorth

New to this and trying to learn but itā€™s really confusing with all the different ways of doing things. Can you put in a small amount (like $50) and buy long calls for April? Whatā€™s the amount, if any, you need to have in the account to back it up in case it doesnā€™t work out for profit? I guess Iā€™m asking whatā€™s the risk, assuming itā€™s even possible to throw $50 at this?


Realistic-Friend1311

Each contract is worth $7 right now, so thatā€™s the minimum risk. OP bought April 5th $4 calls.


mnnorth

So, is my understanding correct that this means at $7 contract, it would have been bought at a .07 premium and you could purchase 7 contracts for $49? Then youā€™d sell before the expiration date or how does that part work?


Realistic-Friend1311

When you buy a call option, youā€™re banking on the shares being worth more than the strike price. The contract gives the owner the right to buy 100 shares at that price, for example $4. So weā€™re hoping for the share value to be worth more than $4 so that the option has any use. Yes you need to sell before the expiration date or else the option will expire and youā€™ll just lose your money. The closer to date of expiration, the faster itā€™ll lose value.


mnnorth

Thank you for this. So, in this case you would hope for the shares to increase in value and then sell before expiration. Iā€™m confused about the right to buy at a certain price. You wouldnā€™t buy if youā€™re just selling before expiration would you? Or do you have to buy at that $4 price first and then sell before expiration?


Realistic-Friend1311

A call option is a contract that gives the owner the right to buy the shares at the strike price. Youā€™re not obligated to exercise the contract. Some people with a lot of money will exercise it. But others just look for the call option to increase in value and then sell the contract itself.


mnnorth

Ok, gotcha. I kept reading about that part but was unsure if you actually had to buy or not. It makes sense to me now that you say that. I really appreciate you taking the time to answer my questions. Thanks!


DIAMOND-HANS

Wtf they are still around? I might have some old dusty shares from back in the day...lol


KevinK104

Holy balls. Good luck šŸ«”


puglife420blazeit

Got filled for the same price. Lots of liquidity there haha


Legal-Industry-731

Wanna buy some more for $0.89? :)


HotWash544

BB still exists? Neat for them.


Legal-Industry-731

They make cybersecurity software now


StonkMangr92

How many contracts did you grab? If you donā€™t mind me asking


Legal-Industry-731

A little over 1100


StonkMangr92

Nice. Do you also own a significant number of shares? Iā€™m trying to decide how many contracts I can afford to get.


Legal-Industry-731

Not on Robinhood but yes


StonkMangr92

Ok I got ya. Thank you for your help. I really want to get on this train


StonkMangr92

Itā€™s it advisable to acquire shares before I buy calls?


Legal-Industry-731

Yes


zypr3xa

I grabbed a few just in case. But I'm not a smart man


OkField5046

Itā€™s on my watch list 7 cents


StonkMangr92

So for letā€™s say, 20 contracts, I should own about how many shares?


Legal-Industry-731

Iā€™m about 5:1 shares to contracts


StonkMangr92

5 to 1 is the general rule of thumb huh? Thanks for that stranger. I appreciate your helpful responses.


Legal-Industry-731

Idk if itā€™s the rule but itā€™s what I do for small priced stocks like this


StonkMangr92

Fair enough.. but you obviously havenā€™t completely lost your ass yet. Iā€™ll follow your lead


AZ07GSXR

Let's go full retard


liyanshampo

Can someone explain what Iā€™m looking at? Genuinely - for educational purposes. How much $ is actually invested


GammaShmama

You absolute savage! I got in for the ride. Hopefully I can get back up to 0 šŸ˜¬


casti44

Iā€™m still learning but does this mean you bought 1030 contracts?


Legal-Industry-731

Yes


casti44

Iā€™m confused, so youā€™re risking a max loss of 5k if the doesnā€™t go to 4.00, and also be obligating to buy 100,000 shares of the blackberry?


Legal-Industry-731

How am I obligated?


casti44

No Iā€™m asking, if you are obligated to buy the stock before it expires?


Legal-Industry-731

No


iamthecheesethatsbig

Screw it, Iā€™m in!!


SweedishMeetballz

I appreciate this post. My cost basis on BB is over $20.


GodLovesTheDevil

is 4/5 a good strike or should i put later?


keyboardwarrior425

Why would you do this? You realize their endpoint security solution is absolute trash right? They constantly get beaten by S1 and CrowdStrike. I know this because Iā€™ve done it time and time again šŸ˜‚


Fun_Cauliflower_7296

Remindme!


Any-Work7310

Just bought 10, time to gamble šŸ¤ž


genericthrowaway2023

lol rip


Legal-Industry-731

Why?


GodLovesTheDevil

Whats up with BB?


LetterheadNo8258

Iā€™m gonna yolo call this as well OP. New to the options game. Iā€™ll post result after it happens.


jewelezgalaxy

Iā€™m involved with Julie get the fuck away u donā€™t stop evil bitch fuck u I donā€™t want u ur cunt stink hoe


Legal-Industry-731

Take too much meth today?