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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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    correction;

    for this a 6-pt bullish CALL spread on XLV, using Oct expiration

    BTO 129 CALL
    STO 135 CAL, for a net cost of $3.60,
    the breakeven price would be $132.60. (the strike price for the long CALL + the net cost for the debit spread, 129 + 3.60), on Friday, XLV closed at 132.2. just $0.40 below the Breakeven price


     
  2. adoo

    adoo Member

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    msft reports on 26 July

    [​IMG]

    when it was trading ~255 this AM, down 1.3, sold this 5-pt bullish credit spread, using Sept expiration

    + 255 PUT, - 260 PUT, for a credit fo $2.55, which defines my max risk at $2.45.

    risking $2.45 to win $2.55; at expiration, should MSFT trade above $260, i get to keep all the premium that was collected in advance.

     
  3. asianballa23

    asianballa23 Member

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    anyone heard of or own I Bond?
     
  4. peleincubus

    peleincubus Member

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    Everything I have is up. Everything but NIO
     
  5. adoo

    adoo Member

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    BX will report 21 July; the 3rd bounce off the low trading channel could be a chime, as indicated by the Parobolic SAR

    [​IMG]


    using Sep expiration. sold this Bullish PUT spread
    • bto 92.5 PUT, sto 97.5 PUT---collecting a $2.1 premium, which defines my max risk to be $2.9

    I am willing to risk $2.9 to win a max profit of $2.1; should BX trade above 97.5 on expiration, i get to keep the $2.1 premium already in my pocket​
     
  6. TheJuice

    TheJuice Member

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    If youre looking for something to short, Carvana's business model makes no sense and is in the Fortune 500 while still not making a profit
     
  7. Sajan

    Sajan Member

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    yes, it's a scam. there's been numerous articles about the founders.

    you're about a year late on shorting though.
    it's already down 95% in that time span. i guess you can short it to $0.
     
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  8. geeimsobored

    geeimsobored Contributing Member

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    Yup, maxed my family's allotment for the year. Totally worth it at today's rate of inflation. Risk free investment with a great return right now.

    You're only locked into the bond for a year so once a year passes, you can cash out when you want. Basically think of it as a savings fund/CD type of investment that's locked up for a year before you can withdraw it.
     
  9. Ziggy

    Ziggy SPECIAL MASTER
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    Been loading on this cheap SQQQ. GL suckers
     
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  10. noscrusir

    noscrusir Contributing Member

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    I'm guessing you can buy up to $10k in iBonds per family member and they'll each need their own TreasuryDirect account to redeem the gift(?). Seems like a no brainer to me at the current rate of 9.62%. Unless I'm mistaken, it looks like this purchase can be repeated every calendar year as well.
     
  11. KingCheetah

    KingCheetah Contributing Member

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    So stop short on carvana?

    [​IMG]
     
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  12. Invisible Fan

    Invisible Fan Contributing Member
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    Fed meeting will be interesting...
     
  13. geeimsobored

    geeimsobored Contributing Member

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    Yup can be repeated every year and its 10k per family member. Children don't need their own accounts as you can associate them to a parent's account.

    Also when you file your taxes, you can buy up to $5000 in I Bonds from your taxes. That $5000 is separate from the $10000 yearly limit.

    As long as inflation remains high, its a no brainer investment.
     
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  14. Dr of Dunk

    Dr of Dunk Clutch Crew

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    Yeah, I started getting into them sometime around the end of last year. We talked about them a bit in this thread a few months ago. It's basically easy money since they've been yielding 7-9+% since the end of last year. About the only negative is you are limited as to how much you can dump in them. Other than that, it's a great way to park money you won't need for a long while.
     
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  15. CCity Zero

    CCity Zero Member

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    SQQQ should be good, I think once the chip vote moves on and some earnings post it should work. This Rally for QQQ shouldn't last, but I really don't know any more.
     
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  16. asianballa23

    asianballa23 Member

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    so it's basically a no risk investment....?
     
  17. geeimsobored

    geeimsobored Contributing Member

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    Pretty much. The interest rate on the bond resets every 6 months but its tied to inflation so right now the rate is crazy high. Eventually when inflation gets under control, the interest rate on the bond will come back to earth but for now, its the safest investment you can make that also gives you a solid ROI.
     
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  18. asianballa23

    asianballa23 Member

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    So kinda like CD but with a limit and a much higher interest rate
     
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  19. i3artow i3aller

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  20. Invisible Fan

    Invisible Fan Contributing Member
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    This has been a problem for all Congress and I'm guessing we'll need pitchforks and a guillotine before they do something about it.
     
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