I put some money back into my options trading account this week because I think the market is about to be very volatile. Don’t take anything I say as a recommendation from this point on. Just telling everyone my thoughts.
Volatility is a great way to make money in anything. Volatility means fluctuation in prices and big spreads. If you can catch them right, there’s money to be made. Of course it can go the other way as well. In 2007 I rode the wave of volatility and grew my portfolio from $2K to $120K (told the story too many times here). I see earnings reports on the horizon and I think they are going to blow up some stocks in both directions. Like domains, I don’t have to get all of them right to make money. The key is figuring out what is built in to a stock’s price right now. It’s also important to know the future. A company can say our quarter sucked but we see a huge second half and the public will shrug off the results, no matter how. bad. I think people feel the economy looks much busier but in reality, compared to zero business and normal business this is probably in the middle. I will say there is trillions of dollars in the US economy given to business via PPP that are going to spend it on investment. While there is no such thing as trickle down, I have seen the average pay of “the working person” go way up. The competition for good warehouse workers, foreman, and other similar markets have caused average wages to go 25% plus. Again, all my opinion but I generally don’t live in a bubble.
The great part about options is you magnify your predictions. The bottom side is all your money gone and the high side is 20 times your money. My recent Paypal trade was a 40X trade and it reminded how much can be made if you let the winners run. Stock went quickly from 110 to 175 as soon as everyone realized that Venmo was crushing it and bitcoin would be in their future. There are a few more companies I see good and bad futures and now that taxes are done, it’s time to put a little money to work. Again, don’t take this is as advice but I am going to put on a trade that sells calls in the short term and buys them in the long term on DraftKings. It time decays on both, but quicker on the front side. I see football being canceled this year which will crush the second half of the year. I may just buy puts. I haven’t decided. I have some homework to do but when others see Chaos I see opportunity and I’m loving all the opportunities right now.
Domain of the Day: NewCrypto.com the perfect name for a company to tout they have the better new product
Quote of the Day: “Skate to where the puck is going, not where it has been” ~Gretzky
Park.io Names at Auction or Available for Pickup
Running.io Yeah, I know. I should own it. But go ahead, I’ll let you know if I want it
Dave.gg The Dave’s of the gaming world are about to get a personal email and website
Taper.io A short single word that has a lot of meanings. In running we use it to describe running less miles towards the end of a race
Cash.gg Cash money. Not much better than that
GameCenter.gg Goes perfectly with dot gg
Namejet and Sedo & More Domains at Action
OutgoingCalls.com 20 years old with a great CPC. Reserve only $1
MyDiapers.com Closes today. Reserve Met. Definitely a large enough category for a stand alone site
eHide.com Good name for a VPN or proxy site. Closing today and also met reserve
TulsaOnline.com Under $40 at press time but its still going to sell today regardless. 24 years old
ChicagoDrywall.com Great marketing name if this is what you do. Hundreds of company would benefit by making this their marketing name
DJOS.com Taken in 17 other extensions
PMTrading.com Night Trading. I think at some point they will have 24 hour stock trading. It’s all run by computers anyway
WebFails.com No reserve. Plenty of content here
LF2.com Everyone is surprised when they see LLN.coms climb over $1000
Godaddy Domains With Bids
Mobinil.com The backlinks and history have this as the domain with the most bids on the board today
Zerta.com A crypto company and a nice 5L.com
Ziola.com “Herbs” in Polish
Samaj.com A Hindu religious organization
FirStAidStation.com we all know what this is but can’t think of a business model other than sell first aid supplies
HashtagMedia.com Another media name doing very well
ApeNotMonkey.com Getting bids but not touching this one with a 10 foot pole
Blondz.com Blond have more funz
MM33.com Patterns. Boy do the Chinese love them
WhoRunsGov.com Backlinks from the time when someone did
TheSys.com Taken in 27 other extensions
GrowYourBiz.com Tools and guidance
CollectiveBrew.com Another great name for an alehouse
Caldor.com Was a department store but sounds like a city in Game of Thrones
Dosie.com 5L under $100 at press time
MissCake.com Taken in 25 extensions . Let them buy Cake
Godaddy Names With One or NO Bids
The Rest of the Godaddy Names With Bids
528989.com
58597.com
588989.com
74286.com
93487.com
AAS-ra.org
AidLogistics.com
alltvvins.net
AppEra.com
ArniesBar.com
AtelierMusicale.com
BerryGrape.org
BeyondScienceTV.com
BodrumAirportTransfer.com
BookingBar.com
BoxSport.com
BrianMassumi.com
btdytt.net
ChicKids.com
ChristianDeistFellowship.com
ConsumerAlerts.com
DefisHingSoap.com
DigimonSpirit.net
DigitalLabor.org
EasyRug.com
EnergyOcean.com
f9u.com
Faisan.com
ftmorganrealty.com
HCPW.com
HealingRetreats.net
HolisticBoard.org
HolisticCancerSolutions.com
howmanyaltuves.com
ItSnotAboutNutrition.com
JonathanLeder.com
LearningPT.org
liisaladouceur.com
LiquidAction.com
MicroInsuranceAcademy.org
mugen-noe.org
nffgrb.net
NoChuckNorris.com
Oxysoft.com
PantherHouse.com
PatientRecruitment.com
PatientRetention.com
Photoria.com
Qatarsouq.com
QualityDelivery.com
ReachFM.org
ReachWord.com
RedesignReport.com
Refurbished-Palace.com
SaleCrypto.com
Scade.com
ScorePrediction.com
Silotn.com
SortieCountertops.com
Souktel.org
Spiritual-Quotes-To-Live-By.com
StarGlasses.com
StopTheBleedingCoalition.org
TaxMentor.com
TheCarouser.com
UrbanPhotoFest.org
Vets-Help.org
VoiceSpace.com
Watchem.com
WheatonIowa.org
WhitbyStationGallery.com
WholesaleAccess.com
WomenTattoos.com
YogaKid.com
Have a name at auction and need more exposure? Send me an email. We Charge $10 per name per day. We may be able to help. If you have an auction you want to promote, email us for details.*All names chosen by us, Shane and Josh . (ie you click through and purchase a name you like) or an occasional paid listing. Everything we say is based on our own research or is opinion. Do your own due diligence. That means look it up yourself if you don’t think the stats or our opinion is correct. We hand choose the names but we are paid to make this list by both the auction houses, individuals that are auctioning names, and Godaddy affiliate links. Keep that in mind and only buy names that YOU think are good.
Bob Hawkes wrote: Although interest in .gg as a gaming extension is growing, there were still only 76 sales in the first half of 2020. The average price dropped substantially, though, to only $406 in 2020.”
Shane – I just traded with margin for the first time today on an airline (SAVE) $52k my money and $52k the bank’s – it was -2% when I entered and +2.5% when I sold 3 hours later… almost too easy for a quick ~$4,700 – but there’s risk and it could have been a down day.
Irony is that here I’m playing around with Spirit at $16-18 but I was in and out of that stock at $8 and within 3 weeks it was pushing $26!! Completely missed out then, but some folks got in at $25 and watched it tumble to $16 – the tide can turn quickly.
I try to look for those opportunities you mentioned but I also think there’s a serious likelihood that the market will correct -25% or maybe a little more.
My margin play today was probably the most risk I’m willing to take, and it was risky to have $104k in a single volatile equity. But margin today gave me the ~$4,700 gain on $52k. But if I’m caught out on a bad day (or two or three consecutive bad days) a 5-10% loss on my $ and the margin could mean that I lose $5-10k from my $50k and who knows if I’d sell or ride it out (incurring potentially higher losses)… Plus short term gains tax eats into the $ too (we eat the risk, not the government and then they get paid!)
With options I think your downside can be a lot worse than just losing the money you have in. Depending on the type I believe you could be on the hook to buy way beyond settled cash – potentially unlimited losses – folks really have to be careful with options.