Man I used to sell calls on it and get juicy $$$, now I get like 4 cents. And selling puts means assignment.
Closed most of my long equity positions this week. Hopefully can buy again at a discount in the near future.
Stuck ship in Egypt's Suez Canal imperils shipping worldwide https://www.barchart.com/story/news...egypts-suez-canal-imperils-shipping-worldwide
Why Shares of America's Biggest Rare-Earth Metals Company Crashed Today https://www.fool.com/investing/2021/03/24/why-shares-of-americas-biggest-rare-earth-metals-c/ Key point:
How's everybody holding up? Are we out of the woods yet, or we still going sideways, or we crashing? Bought the dip at the start of the day, things got even redder and was feeling yucks, but looking good now. Selling off the stuff I bought today in case we go thru more dips tmr...
this conversion of long-term debt to equity, has the effect of dramatically lessening its debt load. it makes for a much healthier balance sheet. the IV is > 90%, today's trading shows a bullish engulfing candlestick, bouncing off the 100 dma. sold a may 5-pt spread, collecting $2.8 premium in advance, defining my max risk of $2.2 my 5-pt credit spread on CRM, intended as a scout mission, is under water; has up to end of Apr the short leg of my 75/80 PUT spread on NET got assigned; exited the long leg
Watched oil and the market drop this morning, and then, pounced....like SPECTRE... : ) Bought UAL @52.38. Lower operating costs and expansion of routes coming with Vaccines/improving Covid situation. It held 56.00, finishing @56.05. And on a day when the NAS was flat. Bodes well for the rest of this trade.
a small green day for me; the best performer in my portfolio is IBM got in 3 days after it had a bad ERS in Feb---gapping down to ~ 123---making it a profitable, cash-generating co w a PE of ~~ 17 it has closed the gap, in the process, forming a 4-mo cup; looks like it will form a handle, after which the pop goin into the May ERS
Grinded out small wins today: buying immr @ $9.30 and selling monthly $10 covered call for $0.60, buying vacq for $11 selling at $11.80 buying apps at $69 and selling at $75 Followed u the previous day on that sdgr trade, sold the put at $5.90. Looking for things that look oversold but that I also believe in fundamentally and don't mind bag holding if trade doesnt work out.
to that end, add NKE to your watch list the boycott threat by some vocal Chinese consumers will not materialize should NKE drop to the low 120s, effectively a PE of ~ < 30, I may make a play
https://www.businesswire.com/news/h...tion-Deployment-with-Five-Rocket-Lab-Launches BlackSky Accelerates Constellation Deployment with Five Rocket Lab Launches Company’s real-time geospatial solutions to average one-hour dawn-to-dusk imaging revisit rates and 90-minute delivery times Using high-revisit satellite imagery, BlackSky’s Spectra AI has detected the utilization of major facilities at Tokyo’s Haneda Airport. Parking spaces shown in green are rarely used, while red indicates frequent occupancy. BlackSky customers can also understand inflow/outflow of cargo and monitor airline maintenance activity. (Photo: Business Wire)
Tough market to trade right now. Big cap tech is boring and choppy, lots of churn, no meaningful direction either way. Some indicators show we are still overbought, some say we are oversold.
I added to my long-time Nike position about 3 weeks ago. The China drama definitely doesn't scare me. Nike is one of those things you don't have to sweat anytime soon. Always good to buy their dips (AND their shoes). Happy Air Max Day
i don't own NKE stock. but these "seasonality" options trades on NKE seem to work for me. 3 days after the State-To-The Union address (this year, the inaugural), buy a bullish CALL spread, ~ 45 days to expiration sell a bullish PUT spread, " " " " " exit the debit spread in ~ 2-3 wks, ride out the credit spread til expiration
