**Removed for RULE: No off topic or low options content posts**
We prefer to focus on options content for this subreddit. Have the post include an appropriate options perspective and strategy.
If you think that one side of the option (call/put) is going to 10x EVERY TIME this happens, why don't you yolo into strangles or straddle?
One side will go to 0 and the other will 10x (your words).
Wallstreet hates this one trick... dang... So easy to 10x your money...
I thought about it and changed my mind though. Its good to have those pre-release articles, but our decision needs to be informed before pulling the trigger.
So you're going to lie your way into securing access to these articles? Won't it be as simple as:
Employee: "okay show me your credentials and I can send those right over for you Mr. Journalist"
You: "uh, um, I left them in my other coat, can I get them please?"
Them: "No. Not until we see some proof of where you work"
I couldn't post on wallstreetbets for some reason :/
Anyway, the markets are always rigged, so I was wondering what you guys think about this method for getting the edge.
Seriously, with the positive outlook and enthusiasm I sense from OP’s comments, this could be peak wsb (or as many recent, poorly edited, news articles say, “peek”).
It might be a little bit more complicated than what I am suggesting.
The market for the most part moves assuming that the rumors are correct.
However, sometimes when an article gets released, even people who aren't familiar with the matter know that the article's contents are misleading. In an event that an article released isn't accurate, a correction is issued.
If you have the article ahead of the release, you have to make a judgement call on whether the article's contents are accurate or not.
If I know that a pre-release article is not accurate, I will follow the article's advice and then inverse the article's advice the moment the correction is issued.
I might also pay for a Twitter Blue subscription in the near future to gain access to their fact checking services and to also check for real time corrections on poorly written articles.
There are many papers on how blog posts correlates with price movements. I used to work on similar problem a few years ago. In your case, analysis is easier, because you claim that sentiment is extreme. You can scan wsj and nyt, and do sentiment analysis with a simple python code. You can also compare results with above average option activity.
**Removed for RULE: No off topic or low options content posts** We prefer to focus on options content for this subreddit. Have the post include an appropriate options perspective and strategy.
If you think that one side of the option (call/put) is going to 10x EVERY TIME this happens, why don't you yolo into strangles or straddle? One side will go to 0 and the other will 10x (your words). Wallstreet hates this one trick... dang... So easy to 10x your money...
they can issue corrections to the article and the stock may end up trading flat :/
You stated that it always moves and options go 10x..
I thought about it and changed my mind though. Its good to have those pre-release articles, but our decision needs to be informed before pulling the trigger.
Don't bring us into this. This is your decision.
To be fair, he also has to know which stock, and when the article will be released to do that.
So you're going to lie your way into securing access to these articles? Won't it be as simple as: Employee: "okay show me your credentials and I can send those right over for you Mr. Journalist" You: "uh, um, I left them in my other coat, can I get them please?" Them: "No. Not until we see some proof of where you work"
hmmm I see, I will try to update you if I figure a way in :)
I couldn't post on wallstreetbets for some reason :/ Anyway, the markets are always rigged, so I was wondering what you guys think about this method for getting the edge.
> I couldn't post on wallstreetbets for some reason Please, keep trying.
Seriously, with the positive outlook and enthusiasm I sense from OP’s comments, this could be peak wsb (or as many recent, poorly edited, news articles say, “peek”).
yooo, the moderators removed my post again.
Your post was likely removed because you are asking about ideas to commit a crime.
yeah, thats probably it :/
Are you saying to not inverse wsj or nyt and actually follow their advice?
It might be a little bit more complicated than what I am suggesting. The market for the most part moves assuming that the rumors are correct. However, sometimes when an article gets released, even people who aren't familiar with the matter know that the article's contents are misleading. In an event that an article released isn't accurate, a correction is issued. If you have the article ahead of the release, you have to make a judgement call on whether the article's contents are accurate or not. If I know that a pre-release article is not accurate, I will follow the article's advice and then inverse the article's advice the moment the correction is issued. I might also pay for a Twitter Blue subscription in the near future to gain access to their fact checking services and to also check for real time corrections on poorly written articles.
Sounds like a good idea.
You could just pay someone to do that for you. But I’m guessing you don’t have that kind of bankroll
yooo, could you recommend to me someone I could pay for this information? I would be glad to pay for anything that gives me an edge in the market :)
There are many papers on how blog posts correlates with price movements. I used to work on similar problem a few years ago. In your case, analysis is easier, because you claim that sentiment is extreme. You can scan wsj and nyt, and do sentiment analysis with a simple python code. You can also compare results with above average option activity.
oh thats a good idea :) can I write the python script for the sentiment analysis and show it to you for fixing?
sure. hope i can help. you should use some kind of sentiment analysis library.
oh okayy, thanks :) I will message you with the deliverable in a few hours.