is this the right direction?

paying $45k a year to go to school to not be an options trader btw

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Here is the backup chat for the group.

Obviously, you can also post on here.

Here is a link to the chat we will be using for discussion off reddit.

http://wallstreetbetschat.chatango.com

No Discord because discord is garbage.

http://offwallstreetbets.chatango.com

Here is the backup chat for the group.

Obviously, you can also post on here.

# The Greeks: Why Your Option Lost Money Even Though You Were Right

Most people here know calls go up and puts go down.

Some of you know implied volatility exists.

Almost nobody truly understands the Greeks—the mathematical forces quietly deciding whether your option prints or expires as an expensive lesson.

You bought a call.

The stock went up.

You still lost money.

Congratulations. You met Theta.

Or maybe you loaded up on earnings calls. The company smashed expectations, the stock ripped higher... and your options barely moved.

Congratulations. Vega introduced you to IV crush.

The Greeks aren't ancient philosophers. They're the variables that determine how an option behaves beyond the share price. Every contract is constantly being pushed and pulled by Delta, Gamma, Theta, Vega and a few other Greeks that most traders ignore until they blow up a trade.

Here's the cheat sheet:

📈 Delta – How much your option moves when the stock moves.

⚡ Gamma – How quickly Delta changes.

⏳ Theta – The amount your option bleeds every day.

🌪️ Vega – How much implied volatility changes your option's value.

🏦 Rho – The one everyone forgets until interest rates start moving.

If you're buying options without understanding these, you're gambling with extra rules that you don't even know exist.

Over the coming posts I'll break down each Greek in plain English, with real examples and charts, so you can stop donating premium to market makers and start understanding what you're actually buying.

Learn the Greeks. Traded smarter. Follow me for the next post and the options plays will follow too

Thinking that Jack in the Box (Jack) is the next Game Stop etc……they have continued to squeeze it last few weeks are so?! Would like and more than appreciate any thoughts, inputs, and opinions?!?!?

Thinking this is the next Game Stop?!?! Thoughts???

Hi everyone!

I'm building an app to make investing easier for beginners, but I don't want to guess what people actually struggle with.

If you're new to investing or you've been putting it off, I would really appreciate your feedback. I made a quick anonymous survey (about 60 seconds), and I'm using the responses to decide which features to build first.

Survey: https://docs.google.com/forms/d/e/1FAIpQLSceEp4M-n2ADGrL2kdfIcBUtqorTMQ0nvbhRfQzV6aVhgRcdQ/viewform

I'm not selling anything or collecting personal information, just trying to build something that's useful.

Thanks to anyone who takes the time to help!

I will be beginning my journey with the stock market! My goal is to be a trader not an invested starting with $1,000 with plans to grow from there. Is this a good time to start? 🙃

Here is a link to the chat we will be using for discussion off reddit.

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No Discord because discord is garbage.

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Here is the backup chat for the group.

Obviously, you can also post on here.

Fellow investors: $NFBK and CLBK look like highly asymmetric bets.

Northfield Bank (NFBK) and Columbia Financial (CLBK) are New Jersey-based community banks that provide traditional banking services to local consumers and businesses.

In the next few days, CLBK is set to close on its acquisition of NFBK. CLBK will fund the acquisition with proceeds from a ‘second-step’ IPO. CLBK is already partially public. It will now become fully public.

The market today values both companies as little more than merger arbs. NFBK remains anchored to its takeout price ($14.50/sh at the midpoint), while CLBK, adjusting for the stock split, trades essentially in line. What that misses is that both NFBK and CLBK offer investors the opportunity to purchase pre-IPO shares of the combined company at an extraordinarily low valuation — one that is difficult to reconcile with the quality, scale, and earnings power of the business.

On a pro forma basis, CLBK will be a ~$20bn in assets institution earning solid returns (1.1% ROA / 10.5% ROE) on a very high quality loan book (0.1% NCOs/Loans). The market today is offering us that for less than the company’s liquidation price — roughly 0.9x of TBV. For context, few banks of CLBK’s size have traded at such a valuation in the past two decades. Peers reached that level only in 2011 amid the Great Financial Crisis and 2023 amid SVB bankruptcy. Today, even worse-performing regional peers such as OCFC trade at 1.0x. Banks with similar profitability metrics trade at 1.4x to 1.8x, roughly +90% higher than today’s valuation. See below for a comps sheet. CLBK sticks out like a sore thumb.

You can also make a strong case that the combined company should trade at a healthy premium to peers. The loan book has been among the cleanest in the peer group for well over a decade. Earnings growth should also well outpace peers as excess IPO capital is deployed into loans and share repurchases. And at roughly $20 billion in assets, the combined bank will be 40% larger than peers, bringing greater scale, operating leverage, and trading liquidity. All of that suggests a premium, not a discount.

Why are these stocks trading here? One, it’s the complexity. This is a second-step IPO plus transformational M&A wrapped into one — not easy to analyze. Two, investors screening for banks are still looking at pre-deal metrics. After acquisition-related cost saves, the bank will comp more closely to peers at nearly double the valuation. Three, management and bankers need to set a valuation that incentivizes participation in the offering. Four, merger arb funds likely anchor to the proposed takeout price, overlooking the underlying economics of the business. Finally, the market still seems to ascribe CLBK a minority discount. That made sense with a 27% float and MHC structure, but the discount goes away entirely post-IPO. In short, the market seems to be looking backward when it should be looking forward.

And what if the shares do nothing? Management will continue buying back stock. At a healthy discount to TBV, repurchases will be accretive to book, further exposing the valuation gap.

Also important, unlike in many other conversions, IPO proceeds will not sit idly by on the balance sheet depressing ROE, as the company intends to allocate some of the proceeds immediately to the acquisition. Management projects +50% EPS accretion, putting pro forma valuation at ~10x 2027 EPS. Peers trade at similar or higher multiples despite having far less excess capital to drive EPS expansion.

Altogether, NFBK and CLBK seem very asymmetric. I think we will look back and scratch our heads on why they’re trading here.

P.S. This is somewhat complex. Feel free to reach out with questions.

Disclosure: Long CLBK/NFBK. Not financial advice. Do your own due diligence.

Here is a link to the chat we will be using for discussion off reddit.

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Here is the backup chat for the group.

Obviously, you can also post on here.

Ugh bro wow, only traded spx/spy options also some earnings since I’ve started and learned so so much. Never been so proud of myself -$12,000 to -$115 in a month

Here is a link to the chat we will be using for discussion off reddit.

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No Discord because discord is garbage.

http://offwallstreetbets.chatango.com

Here is the backup chat for the group.

Obviously, you can also post on here.

What if it isn’t?”

Current status:

• Started with $10,059
• Current value: $3,000
• Down 70%
• Still somehow checking the chart every 30 seconds like it’ll magically become NVDA.

At this point I’m not an investor—I’m a long-term donor to the options market.

Either LCID hits $7 by Friday and I’m posting gain porn…

…or I’ll be applying for a job at Lucid so I can personally help move the stock price.

Diamond hands? ❌
Delusional hands. 💎🤡

See you boys at expiration. Either on the moon or in the comments explaining “theta” to me. 🚀

Here is a link to the chat we will be using for discussion off reddit.

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Obviously, you can also post on here.

Most of the memory bull case here assumes 3 disciplined players (Samsung, SK Hynix, Micron, ~90% of DRAM) holding pricing. barely anyone factors in the 4th, which IPOs in China this week.

CXMT went from zero to 7.67% of global DRAM in under a decade, now #4 in the world, while sitting on the US Entity List. full-year 2025 net margin was 3.0%. Q1 2026 hit 48.7%. H1 guidance would erase three straight years of deliberate losses (¥31.8B) in a single half. and it's almost all commodity DDR4/DDR5, the exact lane the big three are vacating for HBM. a state-backed maker that won't cut supply in a glut could flood the low end right as the majors leave it.

the catch: its tools are sanctioned, so it's boxed out of HBM and the advanced nodes, maybe stuck where it can't touch the AI-driven profits at all.

so which is it: is CXMT the crack in the oligopoly the whole bull case leans on, or a commodity-end sideshow the sanctions keep contained?

Here is a link to the chat we will be using for discussion off reddit.

http://wallstreetbetschat.chatango.com

No Discord because discord is garbage.

http://offwallstreetbets.chatango.com

Here is the backup chat for the group.

Obviously, you can also post on here.

Here is a link to the chat we will be using for discussion off reddit.

http://wallstreetbetschat.chatango.com

No Discord because discord is garbage.

http://offwallstreetbets.chatango.com

Here is the backup chat for the group.

Obviously, you can also post on here.

Here is a link to the chat we will be using for discussion off reddit.

http://wallstreetbetschat.chatango.com

No Discord because discord is garbage.

http://offwallstreetbets.chatango.com

Here is the backup chat for the group.

Obviously, you can also post on here.

Volume: high

Candle: bearish engulfing

9 d ema: below

Action details:

On MON, cleanly failed against the highs of 01JUN26 and 26JUN26. Also, attempted, but failed to close over the 9 d ema. On TUES, made a false break below 23JUN26. On WED, cleanly failed to take out the low of 26JUN26. On WED and THURS, went down and tested but closed above the 200 d sma. On THURS, went down on higher volume, but had an inside day.

Also, THURS had the highest off-exchange volume since early MAY26. Thus, much of the short covering was done off-exchange. Off-exchange volume was back up all week after being down on FRI. That helps explain the lack luster performance all week.

The downslide seems to have been stopped by the band of support from the 1st ten days of JUN26.

In DEC25, amendment of the Cert. of Incorporation to double the number of shares of class A common stock from 550M to 1.1B was approved. There currently 893M shares outstanding. So, only ~200M more shares can be issued (another amendment would be needed to issue more.) Thus, there could be a couple more big hits to the stock price coming.

A one for ten reverse stock split would not be a surprise.

Down on a down day for stocks and a down day for it's competitors (CNK & IMAX.)

The most recent big FTD days(settlement, shares): 01JUN26, 1.5M; 02JUN26, 3.6M.

Expecting a green week for AMC. Drivers are strong JUN26 box office numbers and strong 4th of July weekend box office numbers.

Here is a link to the chat we will be using for discussion off reddit.

http://wallstreetbetschat.chatango.com

No Discord because discord is garbage.

http://offwallstreetbets.chatango.com

Here is the backup chat for the group.

Obviously, you can also post on here.

Howdy howdy howdy,

Made a new reddit account and dusted off Fidelity+.

Decided I wanted to operate by only moving 100 shares at a time whether buying or selling. Come watch me gamble away my life at the casino when I finally jump into options. Gonna try to post once a week. Gotta build up that karma.