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Hope no one was invested in ORB. Their launch was a total loss and now their shares are down over 14%.
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# ? Oct 29, 2014 00:25 |
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# ? Apr 28, 2024 22:20 |
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Arkane posted:Yahoo has been a big winner for me as well...feels good man. Hell Yeah. I wish I kept up the nerve to buy more when it dipped below $40 after the BABA IPO, but I was already uncomfortable with my position. I'm selling November 22 calls for $50 to cover my position and I'm going to hope they get called.
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# ? Oct 29, 2014 01:24 |
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SPX edging towards 2000 again. Will be interesting to see if the resistance there causes another dip. I'm probably going to close my YHOO position around 47/48 if the buying tapers off. I'm betting on a bunch of profit taking right before it gets to 50.
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# ? Oct 29, 2014 02:20 |
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BouncingBuckyBalls posted:Hope no one was invested in ORB. Their launch was a total loss and now their shares are down over 14%. I sold yesterday to raise cash. Didn't even know about this launch. Time to load up on ORB. Will make sure to pick some up at the bell. They're still set to bought out by ATK at the end of this year for what will likely be the equivalent of $30+ per share. They're getting ATK Stock but first ATK has to spin-off their (booming) Sporting Good Business. So there is some uncertainty as to what the rest of ATK will be valued at. This is important because ORB stock holders will be receiving shares of ATK in the buyout. Best Regards, RG RichardGamingo fucked around with this message at 03:56 on Oct 29, 2014 |
# ? Oct 29, 2014 03:42 |
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RichardGamingo posted:I sold yesterday to raise cash. Didn't even know about this launch. Interesting....ironically to vote on the merger in December, you have to be a shareholder of record October 29th (tomorrow).
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# ? Oct 29, 2014 04:15 |
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Arkane posted:Interesting....ironically to vote on the merger in December, you have to be a shareholder of record October 29th (tomorrow). As the strange path goes, I had picked up a single contractual put option at $25 per share to insure my position, expiry December, for pennies. I have decided to re-enter this position but it may mostly be via Jan. calls. I'm bullish on the per share value still despite what the price may do tomorrow. Going to look at this as opportunity to start by putting my bet on some further price volatility in the morning.. Trader mode activated. Going to keep my position biased long over-all. I reckon my plan is to get $4.20 for my single ORB put at $25 pretty early on and check out the puts around 17 and calls around 30 during the day. Best Regards, RG p.s. probably going to net like $2.50 for my put in reality but that's good enough. RichardGamingo fucked around with this message at 06:45 on Oct 29, 2014 |
# ? Oct 29, 2014 06:41 |
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I was in ORB for about 4 minutes. In at 25.07, out at 26.24. Works for me! Thanks for the heads up on that merger.
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# ? Oct 29, 2014 14:35 |
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Lot of tech getting busted up lately, probably bargains everywhere.
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# ? Oct 29, 2014 20:32 |
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I think markets are poised to go higher but decided to exit my XIV trade today @34.75. Also, crude can't seem to catch a bid at all so I think it heads to either the 2011 or 2012 low around the 75-77 area.
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# ? Oct 30, 2014 22:48 |
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GPRO is my new NFLX: always forgetting to buy options before earnings.
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# ? Oct 30, 2014 23:28 |
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RichardGamingo posted:Best Regards, We don't sign our posts here on SA. Everyone knows it's you, because your name and avatar are right next to the post, it's neat.
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# ? Oct 30, 2014 23:41 |
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Leperflesh posted:We don't sign our posts here on SA. Everyone knows it's you, because your name and avatar are right next to the post, it's neat.
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# ? Oct 30, 2014 23:49 |
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Josh Lyman posted:GPRO is my new NFLX: always forgetting to buy options before earnings. gpro is so schizophrenic, would you really have played its earnings? salutations & best wishes, dnova
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# ? Oct 30, 2014 23:51 |
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Hopefully GPRO goes back into the 90s
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# ? Oct 30, 2014 23:51 |
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DNova posted:gpro is so schizophrenic, would you really have played its earnings? Buy Low Sell High, Josh Lyman
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# ? Oct 30, 2014 23:53 |
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DNova posted:gpro is so schizophrenic, would you really have played its earnings?
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# ? Oct 31, 2014 00:01 |
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melon cat posted:GoPro is the weirdest thing. Wild fluctuations, unexplainable highs... I just don't understand the hype over a company that sells pocket-sized stunt cameras.
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# ? Oct 31, 2014 00:03 |
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melon cat posted:GoPro is the weirdest thing. Wild fluctuations, unexplainable highs... I just don't understand the hype over a company that sells pocket-sized stunt cameras. They're going to sell shitloads of them over Christmas, more than you can ever believe. They haven't really penetrated international. The short-term outlook is super mega ultra bullish. Of course the company is also trading at a huge multiple, so this is all factored in. This was a real good quarter for them and they raised guidance. Expect upgrades tomorrow. I would want to go short on the stock, but not at these prices. Christmas mania could take it close to 100 again, possibly even past 100.
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# ? Oct 31, 2014 00:06 |
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Arkane posted:They're going to sell shitloads of them over Christmas, more than you can ever believe. They haven't really penetrated international. The short-term outlook is super mega ultra bullish.
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# ? Oct 31, 2014 00:09 |
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melon cat posted:GoPro is the weirdest thing. Wild fluctuations, unexplainable highs... I just don't understand the hype over a company that sells pocket-sized stunt cameras. The company is profitable. That's more than can be said of Facebook, Twitter and a few hundred others out there. BTFD, LTH
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# ? Oct 31, 2014 08:14 |
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Facebook has been profitable since the IPO, probably before that.
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# ? Oct 31, 2014 10:03 |
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TWTR has not made a dime, though their shareholder equity has increased by three billion in the last year. Always hard for me to wrap my head around that...
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# ? Oct 31, 2014 15:24 |
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Another what'd-I-miss? post. No div history. Cost is $25.56 credit. Value I lose at exp is the strike, $25. $25.56 - $25 = $0.56. $56 profit per contract on expiration, minus commissions and fees. Dominoes fucked around with this message at 17:09 on Oct 31, 2014 |
# ? Oct 31, 2014 16:14 |
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Just grabbed at the HNL.TO knife for the 5th time - they do oilfield service, and they can't find a win anywhere lately. I'm usually a "stops set as soon as I buy" kind of guy, but for some reason I just see "discount" every time this thing falls. God help me. jmzero fucked around with this message at 18:15 on Oct 31, 2014 |
# ? Oct 31, 2014 18:03 |
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Dominoes posted:Another what'd-I-miss? post. Right now I'm seeing pretty big spreads on the underlying (DRTX: Bid/lots 23.89/15...Ask/lots 24.5/9), and on the options themselves. I guess just make sure everything is lined up right before you commit to one part of your plan (ie. don't rely on just the "last price" there).
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# ? Oct 31, 2014 21:47 |
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Thanks. I made the execution today at the prices posted; only bought 2 contracts since I'm new to options and their risks. This opportunity appeared to exist for most of today, which makes me think something weird's going on.
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# ? Nov 1, 2014 01:44 |
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Josh Lyman posted:Christmas-mania is priced in to some extent, but a good quarter is a good quarter, and a good forecast is even better. Guys, you know that's not how it works. Stocks don't go up at Christmas because companies sell more product. These are billion dollar corporations with revenue forecasts going forward for years. I hope I'm just being whooshed here :/
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# ? Nov 1, 2014 01:58 |
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Dominoes posted:Another what'd-I-miss? post. Are you making money on this, or? I keep seeing you post these posts about trying to make these ultimate option arbitrage trades, and it feels like that one time me and my friends got really drunk in AC and thought we cracked the formula for craps. Edit: Cheers, DS
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# ? Nov 1, 2014 02:01 |
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District Selectman posted:Are you making money on this, or? I keep seeing you post these posts about trying to make these ultimate option arbitrage trades, and it feels like that one time me and my friends got really drunk in AC and thought we cracked the formula for craps. My strategy in craps/blackjack this summer in Vegas was pick the table with the hottest dealer. Dominoes fucked around with this message at 03:04 on Nov 1, 2014 |
# ? Nov 1, 2014 02:27 |
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Dominoes posted:I haven't been doing this long enough to say. I held the first one I posted about until exp. I made the profit, but expect to be billed for the dividend in a few days. I sold the second one before it went ex-div for a slight profit. I won't find out about these two until Nov 22 when they expire. I haven't been home during market hours the past few weeks, so haven't done more. The XONE calls were assigned the day after I sold them, which was weird. I'm holding the short stock until exp, leaving the arbitrage unchanged. I think it's extremely unlikely you are going find free money strategies in the options market. Everything should be priced to perfection. So it seems to me you are probably missing something...especially if you were assigned on your short calls. Although I don't claim to be an expert.
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# ? Nov 1, 2014 03:15 |
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If I thought Vietnam looked good and wanted to invest in it over the medium to long term, what would be the best way to do that?
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# ? Nov 1, 2014 13:00 |
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Kal Torak posted:I think it's extremely unlikely you are going find free money strategies in the options market. Everything should be priced to perfection. So it seems to me you are probably missing something...especially if you were assigned on your short calls. In the times of trading algorithms and high power computing, I'd imagine it's impossible. Even the prices that we see on our screens at a given moment are not the actual prices that the stocks/options are currently trading at.
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# ? Nov 1, 2014 15:24 |
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District Selectman posted:Guys, you know that's not how it works. Stocks don't go up at Christmas because companies sell more product. These are billion dollar corporations with revenue forecasts going forward for years. I hope I'm just being whooshed here :/ I always thought the end of the year bump was due to companies who pay their retirement plan matches then.
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# ? Nov 1, 2014 16:56 |
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nelson posted:If I thought Vietnam looked good and wanted to invest in it over the medium to long term, what would be the best way to do that? I invest in a Vietnamese fund. That is probably the easy option.
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# ? Nov 1, 2014 19:29 |
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nelson posted:If I thought Vietnam looked good and wanted to invest in it over the medium to long term, what would be the best way to do that? buy a few bowls of pho and freeze them cheers, mindphlux
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# ? Nov 2, 2014 08:09 |
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GPRO decided to up 10% Monday after a huge post-earnings jump on Friday, and BABA is up a bunch heading into earnings this morning. I closed large positions in both in the last month or so, before these gains.
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# ? Nov 4, 2014 10:46 |
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District Selectman posted:Guys, you know that's not how it works. Stocks don't go up at Christmas because companies sell more product. These are billion dollar corporations with revenue forecasts going forward for years. I hope I'm just being whooshed here :/ The belief that Christmas will be a blowout quarter (above expectations) because it is the "must-have" gift will be an underlying strength under the stock in the short term I believe. I wouldn't be surprised if it went to 100 before Christmas. So if one were looking to short, I think there could be a better entry point over the next couple of months. Or maybe I am wrong, who knows.
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# ? Nov 4, 2014 17:28 |
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Got some AMZN puts at open, 290 strike for this week. Wanted some GPRO but the premium on those options are still ridiculous.
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# ? Nov 4, 2014 17:34 |
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Anyone have any insight on Wet Seal? I know it goes against the best of breed strategy, but they replaced a lot of upper management, including bringing back the guy who was there when it was in the $5s. I bought at 45 cents and it promptly fell to 32, but it's moving up again. I thought I had found a bottom but I was wrong. I know you guys do mostly options but I'm curious if this is a potentially good buy to go long on for someone who doesn't really day trade, or if I should just jump ship if and when it comes back up to where I bought it.
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# ? Nov 4, 2014 21:34 |
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# ? Apr 28, 2024 22:20 |
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RaoulDuke12 posted:Anyone have any insight on Wet Seal? I know it goes against the best of breed strategy, but they replaced a lot of upper management, including bringing back the guy who was there when it was in the $5s. I bought at 45 cents and it promptly fell to 32, but it's moving up again. I thought I had found a bottom but I was wrong. Tbh I wouldn't mess with any stock on any company with a market cap less than 1 billion, because at that point its usually straight up gambling i.e. penny stocks
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# ? Nov 4, 2014 21:46 |