Stock market tips and experiences

XKxRome0ox · 06-30-2021, 01:38 PM

sold puts on FL, WYNN, HA, SOFI, and PTON

bought speculative calls on SOFI, $25 strike Jan 2022

opened debit call spread on PTON, $130/$140 for Sept 2021

Watching my DKNG call languish
sold my MSFT calls too early. kinda broke even but i think i could have made a little money if i had held 2-3 more days
let's go

Littlebear · 06-30-2021, 01:55 PM

MU reports after closing time today...!

premier3is · 06-30-2021, 03:45 PM

Quote:

Originally Posted by Der_Wolf

Clov is absolutely going to rocket this week. Fintel reported no more available shorts.

This post didn't age well…

premier3is · 06-30-2021, 03:49 PM

Quote:

Originally Posted by XKxRome0ox

Quote:

Originally Posted by Littlebear

The 'China' exposure is always a worry....
I thought I was setting up for the next quarter report, but this is cool too.

what happened with NKE? nice gain

cash didn't hit my Tastyworks account yet
only have $1000 available

I wrote credit call spreads on Nike on the day it rocketed, and although I made the full premium by end of day Friday, I realized I didn't close the fuckin position and it nearly pinned me between the 2 strikes.

Safe to say I didn't sleep well that night due to the risk of a possible exercise lol.

All good tho thankfully

XKxRome0ox · 06-30-2021, 03:58 PM

Quote:

Originally Posted by Littlebear

MU reports after closing time today...!

MU beat expectations ... but did it beat by enough?

XKxRome0ox · 06-30-2021, 03:59 PM

deposited $30k into cash account and started using it in January of this year
deposited $15k into margin account, started using it this week

should have started using the margin account earlier
but then again, maybe it saved me from blowing up the account because i would have gotten in over my head with options

total account value is about $10k less than at peak but i'm not worried since i'm still up over 21% YTD in the account
feel pretty good about all of my positions in this portfolio
let's get it

antzcrashing · 06-30-2021, 04:54 PM

I bought PTON around 20 a share, sold some for profit but long the remainder.

tom2021 · 06-30-2021, 08:27 PM

Quote:

Originally Posted by XKxRome0ox

if you like dividends, get some ET!

Thanks for the info. Good dividend.
Is ET better bet than Chevron or Exxon?
Chevron and Exxon also distribute good dividend and less risk.

premier3is · 06-30-2021, 09:54 PM

Quote:

Originally Posted by tom2021

Quote:

Originally Posted by XKxRome0ox

if you like dividends, get some ET!

Thanks for the info. Good dividend.
Is ET better bet than Chevron or Exxon?
Chevron and Exxon also distribute good dividend and less risk.

If you like dividends get CIM. Almost 9% it recently came down from 9% to 8.7 or so

Littlebear · 07-01-2021, 05:40 AM

Quote:

Originally Posted by XKxRome0ox

MU beat expectations ... but did it beat by enough?

Apparently not for the day traders!

RelaxIN2 · 07-01-2021, 06:37 AM

Subscribed...!!

tom2021 · 07-01-2021, 08:19 AM

Quote:

Originally Posted by premier3is

If you like dividends get CIM. Almost 9% it recently came down from 9% to 8.7 or so

Thanks for the stock tips.
It is interesting that CIM survived 2007-2008 housing collapsed.

bimmer pleaser V2 · 07-01-2021, 10:30 AM

Quote:

Originally Posted by premier3is

This post didn't age well…

Meme trading no for faint of heart. Apes know no fear. If you no ape buy CDs and steer clear.

XKxRome0ox · 07-01-2021, 10:52 AM

Quote:

Originally Posted by Littlebear

Apparently not for the day traders!

IV crushed?

Littlebear · 07-01-2021, 10:55 AM

Quote:

Originally Posted by XKxRome0ox

IV crushed?

No, I don't do any of those drugs....

XKxRome0ox · 07-01-2021, 10:56 AM

Quote:

Originally Posted by Littlebear

No, I don't do any of those drugs....

the stockmarket is worse than any drug out there

Littlebear · 07-01-2021, 11:00 AM

Quote:

Originally Posted by XKxRome0ox

the stockmarket is worse than any drug out there

I probably have too much $$ in chips, but it is split between MU & AVGO presently, so I'm sort of protected.

tom2021 · 07-01-2021, 05:12 PM

Quote:

Originally Posted by Littlebear

I probably have too much $$ in chips, but it is split between MU & AVGO presently, so I'm sort of protected.

I also own both, by owning a semiconductor ETF: SOXX.
Any corporation may make mistake, and their stock may tank. GE and IBM are the example.
I prefer etf.

Littlebear · 07-02-2021, 05:16 AM

Quote:

Originally Posted by tom2021

I also own both, by owning a semiconductor ETF: SOXX.
Any corporation may make mistake, and their stock may tank. GE and IBM are the example.
I prefer etf.

An ETF gives you the good with the bad, rewarding all companies equally.
I would prefer to own only the good stocks, if I can figure which they are!

antzcrashing · 07-02-2021, 10:01 PM

Quote:

Originally Posted by Littlebear

Quote:

Originally Posted by tom2021

I also own both, by owning a semiconductor ETF: SOXX.
Any corporation may make mistake, and their stock may tank. GE and IBM are the example.
I prefer etf.

An ETF gives you the good with the bad, rewarding all companies equally.
I would prefer to own only the good stocks, if I can figure which they are!

This is the way.

And it is how I operate in my RH account, I own 50-100 stocks at a time in different segments of the market. Repositioning as the climate changes. Do I always beat the indexes? No. But I am fairly safe from a single stock tanking and I have higher beta (chance for upside) than just broad indexes. Also I buy small positions in etfs like SPY, DIA, QQQ, as they allow me to benefit from whole market advances and let me watch the gains (I keep an eye on the 'total % change' stat over ownership).

tom2021 · 07-03-2021, 08:19 PM

Anybody hold Illumina (ILMN)? Any thoughts?

Noneya · 07-03-2021, 11:43 PM

Quote:

Originally Posted by antzcrashing

This is the way.

And it is how I operate in my RH account, I own 50-100 stocks at a time in different segments of the market. Repositioning as the climate changes. Do I always beat the indexes? No. But I am fairly safe from a single stock tanking and I have higher beta (chance for upside) than just broad indexes. Also I buy small positions in etfs like SPY, DIA, QQQ, as they allow me to benefit from whole market advances and let me watch the gains (I keep an eye on the 'total % change' stat over ownership).

You should translate your strategy to playing the roulette - you'd bankrupt all the casinos!

06-30-2021, 01:38 PM	#6623
XKxRome0ox e90noob 1588 Rep 1,862 Posts Drives: '08 E90 M3 Join Date: Mar 2012 Location: Los Angeles, CA iTrader: (4)	sold puts on FL, WYNN, HA, SOFI, and PTON bought speculative calls on SOFI, $25 strike Jan 2022 opened debit call spread on PTON, $130/$140 for Sept 2021 Watching my DKNG call languish sold my MSFT calls too early. kinda broke even but i think i could have made a little money if i had held 2-3 more days let's go __________________ 2008 E90 M3 / LCI trunk + euro tail swap Production date - 2008-04-22
	Appreciate 1 antzcrashing1910.00 Quote

06-30-2021, 01:55 PM	#6624
Littlebear Banned 3510 Rep 2,044 Posts Drives: ...the Mods crazy. Join Date: Oct 2017 Location: Not here, apparently.... iTrader: (2)	MU reports after closing time today...!
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06-30-2021, 03:59 PM	#6628
XKxRome0ox e90noob 1588 Rep 1,862 Posts Drives: '08 E90 M3 Join Date: Mar 2012 Location: Los Angeles, CA iTrader: (4)	deposited $30k into cash account and started using it in January of this year deposited $15k into margin account, started using it this week should have started using the margin account earlier but then again, maybe it saved me from blowing up the account because i would have gotten in over my head with options total account value is about $10k less than at peak but i'm not worried since i'm still up over 21% YTD in the account feel pretty good about all of my positions in this portfolio let's get it __________________ 2008 E90 M3 / LCI trunk + euro tail swap Production date - 2008-04-22
	Appreciate 1 chassis6560.00 Quote

06-30-2021, 04:54 PM	#6629
antzcrashing Brigadier General 1910 Rep 3,218 Posts Drives: 2018 BMW 440i GC Join Date: Sep 2007 Location: Eastern MA iTrader: (1) Garage List 2018 BMW 440i GC xD ... [9.75]	I bought PTON around 20 a share, sold some for profit but long the remainder.
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07-01-2021, 06:37 AM	#6633
RelaxIN2 Second Lieutenant 514 Rep 230 Posts Drives: 2012 BMW M3 E93 Join Date: Mar 2016 Location: Bucks County Pa iTrader: (0) Garage List 2012 BMW M3 - E93 V ... [0.00] 2003 Cobra - SVT Vert. [0.00] 2011 F-150 FX4 [0.00] 2014 KTM EXC-F 350 ... [0.00] 2016 Stealth Bomber ... [0.00]	Subscribed...!!
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07-03-2021, 08:19 PM	#6643
tom2021 Private First Class 220 Rep 131 Posts Drives: 2017 BMW X3 xDrive28i Join Date: Feb 2021 Location: Canada iTrader: (0)	Anybody hold Illumina (ILMN)? Any thoughts?
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