1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

STOCK MARKET: Let's talk stocks and investing

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

  1. Sajan

    Sajan Member

    Joined:
    Apr 18, 2009
    Messages:
    8,489
    Likes Received:
    5,957
  2. thegary

    thegary Member

    Joined:
    Jul 22, 2002
    Messages:
    10,444
    Likes Received:
    2,469
  3. peleincubus

    peleincubus Member

    Joined:
    Oct 26, 2002
    Messages:
    25,747
    Likes Received:
    13,662
    When I am reading posts on here your avatar always looks like a green MJ bud until i focus on it. just an fyi :confused:
     
    CCity Zero likes this.
  4. Sajan

    Sajan Member

    Joined:
    Apr 18, 2009
    Messages:
    8,489
    Likes Received:
    5,957
  5. HTM

    HTM Member

    Joined:
    Jun 29, 2013
    Messages:
    6,804
    Likes Received:
    4,932
    Anyone been buying Charles Schwab stock? I bought some a couple weeks ago and some more this morning. I don't buy many individual stocks, and I'm not a day-trader or anything, I intend to hold a very long time. This seems like a good purchasing opportunity.
     
    #19405 HTM, Apr 4, 2023
    Last edited: Apr 4, 2023
  6. CCity Zero

    CCity Zero Member

    Joined:
    Nov 28, 2014
    Messages:
    7,279
    Likes Received:
    3,516
    Haha, that's pretty interesting. I might change it eventually, but it's just an old video game cover from Nintendo days. I am actually wondering if more people see it like you do, definitely not planned.
     
  7. CCity Zero

    CCity Zero Member

    Joined:
    Nov 28, 2014
    Messages:
    7,279
    Likes Received:
    3,516
    It definitely could be, I've been trying to find stuff that's been beaten up, but still haven't been trading like I was. Another one I was watching when it was in 20s was Intel, longer term I think it will return.
     
  8. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    10,031
    Likes Received:
    6,443
    thanks for the alert.

    did my due dilligence; when SCHW was trading ~~ $49, decided to make a bullish bet on it

    sold a bulliish credit PUT spread
    • Jun expiration, collecting a premium of $3.35 in advance
      • long 50 strike PUT
      • short 40 strike PUT,
    use the above premium collected in advance to defray the cost of this 5-point bullish CALL spread which, alone, costs $6.60

    • long Jan 2024 52.5 strike CALL
    • short Jun 2023 57.5 strike CALL
      • will roll forward this short leg to a higher strike CALL w a longer expiration, as long as it'd result in a credit
    net/net = $3.25 (6.6 - 3.35)

    my price target for SCHW is $65.5. which approximates 50% retracement from the Jan '23 high of 86​
     
    #19408 adoo, Apr 6, 2023
    Last edited: Apr 6, 2023
  9. Ziggy

    Ziggy QUEEN ANON

    Joined:
    Jun 11, 1999
    Messages:
    36,955
    Likes Received:
    13,376
    Adding MORE SQQQ..... NOW. CALLS this time. GOOD LUCK
     
  10. Ziggy

    Ziggy QUEEN ANON

    Joined:
    Jun 11, 1999
    Messages:
    36,955
    Likes Received:
    13,376
    SQQQ. TMF. GOOD LUCK. POPN
     
  11. Sajan

    Sajan Member

    Joined:
    Apr 18, 2009
    Messages:
    8,489
    Likes Received:
    5,957
    over reaction i guess not.
     
    whag00, DOMINATOR and Ubiquitin like this.
  12. whag00

    whag00 Member

    Joined:
    Jun 19, 2003
    Messages:
    5,613
    Likes Received:
    3,588
    Only way to play financials right now is either best of breed (JPM, MS) or through XLF. Anything else feels too risky right now.
     
    Sajan likes this.
  13. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    45,670
    Likes Received:
    31,920
    The funny thing about XLF is that a large part of its biggest holdings aren't even "true" banks/financials. Its largest holding is Berkshire Hathaway, which in turn, is around 40-50% Apple the last I looked, which has savings and a credit card now, and 2 of the 3 other largest holdings are Visa and Mastercard, which ok, are financials, I guess. Then I think you get Bank of America. That's pretty much where its holdings are concentrated with Berkshire being the largest holding.
     
    Sajan and whag00 like this.
  14. whag00

    whag00 Member

    Joined:
    Jun 19, 2003
    Messages:
    5,613
    Likes Received:
    3,588
    True…even Kre/ kbe too risky for me right now. Lol
     
  15. Sajan

    Sajan Member

    Joined:
    Apr 18, 2009
    Messages:
    8,489
    Likes Received:
    5,957


    W.T.F.
     
    #19415 Sajan, May 24, 2023
    Last edited: May 24, 2023
    CCity Zero likes this.
  16. DOMINATOR

    DOMINATOR Member

    Joined:
    Feb 10, 2007
    Messages:
    2,445
    Likes Received:
    240
    nvda sitting close to 30% gain from close to open. absolutely nuts

    SP500 should just be renamed to SP5
     
    CCity Zero and Sajan like this.
  17. CCity Zero

    CCity Zero Member

    Joined:
    Nov 28, 2014
    Messages:
    7,279
    Likes Received:
    3,516
    Just wow, absolutely insane. I had been thinking NVDA would kill it but didn't think it'd be like this.

    Someone definitely banked.

    I mean if you told me to buy OTM weekly 365c at $0.20 range yesterday and they'd be worth $23.10 today I'd have asked you what you're on because it must be really good stuff. I was honestly surprised they allowed it to open and figured there'd be even a smallish correction.

    I mean there has to be a correction eventually, right?
     
    Sajan likes this.
  18. Ziggy

    Ziggy QUEEN ANON

    Joined:
    Jun 11, 1999
    Messages:
    36,955
    Likes Received:
    13,376
    I been getting TMF'd in my SQQQ for WEEKS
     
  19. Sajan

    Sajan Member

    Joined:
    Apr 18, 2009
    Messages:
    8,489
    Likes Received:
    5,957
  20. whag00

    whag00 Member

    Joined:
    Jun 19, 2003
    Messages:
    5,613
    Likes Received:
    3,588
    It’s wild out there right now. NVDA with an rsi of 85, AMD and AVGO with pretty big reversals. Going to be an interesting few weeks.
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now