I had to buy some UNH @ $318. Are you effin’ kidding me? Tony… take a look at this steal! Theyz ain’t got no guidance. Fix your short term problems! Get outta here! Mama told me.
What wild ride...congrats to the dip buyers, we made our money back and then some...don't forget to take profits and hedge
I didn’t time any buys and I didn’t time any sells. But my portfolio did a fair bit of tax loss harvesting. These tariffs still suck.
constructed this options play on META last Thur, 2 trading days before Trump announced the 90-day truce with China tariffs started a 25-point bullish CALL spread on META, when it was trading ~~605, using Sept expiration buy to open the 610 strike CALL contract sell to open the 635 strike CALL contract net cost of $16.25, my max risk my target was $640, before the "truce" after the "truce", it is now trading $655, my spread is now worth $25.7 the META's all-time high was 740; factoring in the "catalyst", the "90-day 'truce", it think that it will make a new high heading to the next earning in late July. since both legs of my current spread are deep in-the-money, i may consider selling the spread before this coming Fri, and use the proceed to construct a 40-point bullish CALL spread on META
based on this development today. , when NVDA was trading ~128, constructed a bullish PUT spread on NVDA, using May 30 expiration, expecting that it will trade above 140. buy to open the 125 strike PUT contract sell to open the 140 strike PUT contract, collected a premium in advance of $7.67, which defines my max risk of 7.33 for ths 15-point spread, i am risking 7.33 to win 7.67 at expiration, i want to see both legs to be worthless; thus i will get to keep all the premium. that will be the case should NVDA trades above 140
MSFT has been one of my core holdings forever, had an impressive earning report on 30 April, leading to a 30+ point gap-up on the next trading day; has been ascending ever since. i can see a pause/small decline coming after ex-div. decided to take advantage of this short-term trend, to sell a beariish CALL spread, which entails selling a lower strike CALL and hedging it with buying a higher strike CALL, using 30 May expiration. MSFT is trading ~~452, sold this 10-point bearish CALL spread. buy to open 460 strike CALL sell to open 450 strike CALL collected a premium in advance of $4.45, which defines my max risk of $5.55 at closing, on 30 May, should MSFT trade below $450---effecting both legs to be worthless---i get to keep all the premium. should MSFT trade above $460, i have to shell out $10, to pay for the size of the spread
it'd not be far-fetched, to assume that the spread will be in-the-money; on that basis, most probably, will exit the spread 15 min before the earnings call, which will begin after market closing on 28 May, one in the hand is worth more than two in the bush
Same, one of my few core holdings. Agree that it looks overbought. The giant gap probably is going to get filled too.. might make a similar trade as you. I get out of my recent swings: AMZN, NOW, TMDX, HOOD.
it may eventually, but not while the current uptrend is still intact. the 20 ma has protruded up thru the 100 ma, underscores the strength of the current uptrend. the 20 ma is also inching towards the 200 ma. just my 2 cents, fwiw, the weekly view convinces me that the current uptrend is damn strong, not yet over-bought; a new high will be in the offing
today. META is down 7, first losing day in a week, due to some bad news both legs are still deep in-the-month exited the META spread, got $19 for it wait for another chance to get in
use some of that proceed to get in PYPL, a profitable co with a very low PE in the teens. as recently as July 2021, it was trading above 300---hitting the floor at ~~60---and is trading in the low 70s range to the extent that Trump appointed former PayPal COO Sacks as AI and crypto czar, PYPL stands to reap benefit constructed this options trade for PYPL, when it was trading ~~~71.7 buy (Dec 2027) 80 strike CALL sell (oct 2025) 85 strike CALL net cost $14.8 as the trading get close to 85, strike price for the sell leg, will roll forward, buy the sell leg back and sell a higher strike call w a longer expiration day the strategy is to keep on rolling forward---and collecting a small premium each month---until Dec 2027, and then excercise the option
Recent filings indicate UNH insiders acquiring shares. Stock has shot up after investors latched on to insiders acquiring shares. I got some more at 274.
