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STOCK MARKET: Let's talk stocks and investing

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

  1. adoo

    adoo Member

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    another bearish technical chart, this is a classic Head & Shoulder formation

    [​IMG]

    i already own some JPM, sold a cover call w 155 strike.

    also sold a Sep 145/150 bearish CALL spread, collecting $2.7 premium, defining my max risk to be $2.3
     
    Plowman likes this.
  2. adoo

    adoo Member

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    [​IMG]
    after a 35-pt drop in 5 trading days, 3 consecutive days of small gains on declining volume suggest short covering, not enough conviction to the upside

    still holding on my bearish PUT spreads
     
    #16902 adoo, Jul 26, 2021
    Last edited: Jul 26, 2021
  3. Sajan

    Sajan Member

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    on queue...

    Microsoft (NASDAQ:MSFT) shares are down 2.3% in after hours trading after reporting fiscal fourth-quarter results that topped analyst estimates but included a sequential drop in Azure revenue growth.
    • For FQ4, Microsoft reported overall revenue growth of 22% to $46.2B and adjusted EPS of $2.17, which topped analyst estimates by $0.25.
     
  4. saitou

    saitou J Only Fan

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    @Sajan time to go in on ATNF?
     
  5. adoo

    adoo Member

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    [​IMG]

    placed an order to roll forward my covered 2022 Jan 300 Strike CALL to Jun 2022 320 strike CALL, netting a credit of $2.5; was filled within a minute

    someone was willing to pay ~$13.5 for the Jun 320 Strike CALL
     
  6. adoo

    adoo Member

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    AAPL had an impressive ERS, yet its stock price dropped.

    [​IMG]
    this seeming disconnect presents a buying opportunity.

    in view of AAPL's product cycle begins in Sep, bought a 15-pt bullish CALL spread, using Sep expiration
    • bto 150 CALL, sto 165 CALL, for a net cost of $3.2, which is my max risk
    • max profit is $15, which makes the potential payoff of 4.6, which i love
     
    CCity Zero likes this.
  7. whag00

    whag00 Contributing Member

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    Lisa Su...the real MVP
     
    KingCheetah likes this.
  8. peleincubus

    peleincubus Member

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    About time tilray! I’ve been averaging down and losing d*ck for months on this one.
     
  9. Sajan

    Sajan Member

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    Ya! Wth is going on? Random two days of drops. No news.
    I started a position.
     
    saitou likes this.
  10. KingCheetah

    KingCheetah Contributing Member

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    AMD

    [I heart u]
     
    saitou likes this.
  11. adoo

    adoo Member

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    what was your play ?

    in 2021. i have been one for four insofar as profitable trades on AMD​
     
  12. saitou

    saitou J Only Fan

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  13. Fantasma Negro

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  14. saitou

    saitou J Only Fan

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    eww AMZN
     
    Sajan, The Real Shady and whag00 like this.
  15. Invisible Fan

    Invisible Fan Contributing Member

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    Prob wait a few months and solid consolidation to get in on the long term. They need to clean up their culture, but they got a userbase that'll realize any zero-commission exchange does similar things Robinhood is exposed as doing. Maybe less dark pools but the front running and trade flow selling is just the same.

    [​IMG]
     
  16. whag00

    whag00 Contributing Member

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    I have been in amzn for a while…maybe I will buy some more if it gets down to 3200.
     
    saitou likes this.
  17. The Real Shady

    The Real Shady Contributing Member

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    PINS down 19% after hours as well. Seems like market will dump into the weekend.
     
    saitou likes this.
  18. saitou

    saitou J Only Fan

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    Problem is the guidance was suck, I dumped immediately after seeing the guidance, and ive been holding since $1600. If it goes below $3k I'll reconsider, but it's a long time till next qtr earnings, will probably pick up other stuff today, market looks blood red in pre.
     
    whag00 likes this.
  19. saitou

    saitou J Only Fan

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    B. Riley Financial Reports Second Quarter 2021 Results; Declares $2.00 Dividend
    https://ir.brileyfin.com/2021-07-29...d-Quarter-2021-Results-Declares-2-00-Dividend

    up 7% on earnings. bumper 2nd qtr not a surprise given their underwriting of AMC share offerings and insider buying by Mr Riley himself.
     
  20. PWR

    PWR Member

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    Small caps were on fire this month. Finished off July by getting a chunk of the 75% move on facemasks today. $AHPI

    [​IMG]
     

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