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STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. KingCheetah

    KingCheetah Atomic Playboy
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    You have Cubic Zircopium hands.
     
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  2. saitou

    saitou J Only Fan

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    Basically every sector is up. That sector map I shared earlier says it all. As long as you are holding something it's probably up haha
     
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  3. Roscoe Arbuckle

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    Ok.

    I've been here longer than you.
     
  4. KingCheetah

    KingCheetah Atomic Playboy
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    Sucks you haven't been able to retire after 25 years.

    +
     
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  5. peleincubus

    peleincubus Member

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    I think I said it a few months ago. But if Torchy's Tacos goes public I am buying.
     
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  6. davidio840

    davidio840 Member

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  7. Roscoe Arbuckle

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    If you love your work you never retire.
     
  8. Sajan

    Sajan Member

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    Do not engage. I repeat, do not engage.
     
  9. saitou

    saitou J Only Fan

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  10. adoo

    adoo Member

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    short, concise and to the point; i agree.



    this one, w large qty of option contract, has been working for me goin into the July ERS

    [​IMG]
    just added some LYV credit spreads, a great re-opening play; the concerts at MSG have been heavily attended, the Cochella festival in the summer time is right around the corner .

    and that's just the US; concerts in Asia, EU, UK, Australia are on the horizon !

    also, added MSFT, which may reach all-time high before the Jul ERs
     
    #16751 adoo, Jun 24, 2021
    Last edited: Jun 24, 2021
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  11. saitou

    saitou J Only Fan

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  12. astros99

    astros99 Member

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    Is there a certain profit % you close out your spreads at? or is it case-by-case?
     
  13. adoo

    adoo Member

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    depends of the attendant option strategy involved.

    • w a credit spread, the idea is, after collecting a premium on it, i want the spread to expire worthless.
    • w a simple vertical debit spread,
      • if it is trending as planned, as a general rule-of-thumb, i exit before 30 days to expiration.
      • it it is trending the wrong way, as a general rule-of-thumb, i exit when the spread lose ~ 50% of its value
     
  14. adoo

    adoo Member

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  15. saitou

    saitou J Only Fan

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    thanks! started a small position. wanted to sell put, but spreads too big. was wondering y my $LEGO warrants were up 9%

    edit: f'it, bought more $lego warrants as well.
     
    #16756 saitou, Jun 24, 2021
    Last edited: Jun 24, 2021
  16. saitou

    saitou J Only Fan

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    APPS: June contracts over.
    Closed the July puts for $0.60, pocketing $4 per contract.
    Sep puts still open, current price $6.
    Shares at $78.50, but the rise is purely based on broader market sentiment, I don't think the benefits of APPS' acquisitions are priced in yet. Unless it gets to the $100s, gonna HODL into next earnings.
     
    #16757 saitou, Jun 24, 2021
    Last edited: Jun 24, 2021
  17. peleincubus

    peleincubus Member

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    ASPS is spiking huge.

    I'm in under 7$ i see a good possibility of this tripling or more in the next 6-9 months.
     
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  18. saitou

    saitou J Only Fan

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    y will it go up so much?
     
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  19. peleincubus

    peleincubus Member

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    They make a majority of their income from foreclosures. Although they are transitioning this last year plus to other streams that should help in the upcoming years.

    The foreclosures are coming over this next year to whatever extent. If something goes bad though this will really skyrocket.
     
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