Investing General Discussion

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Blazin

Blazin

Creative Title
<Nazi Janitors>
6,958
36,177
Sanrith Descartes said:
The fact I make over 7% div yield at my cost basis is just obscene. God I love that stock.
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Yeah ABBV and MPC in a battle royal for top performer for me. Selling calls on these strong trending stocks sure gets to be dangerous, I usually get a chance if I don't hesitate to snap them back when/if they get called.

I have a lot of calls expiring next friday and I'm a little nervous about timing because things are setting up for a break out to the upside and I already have several stocks pushing their strikes.

ABBV $143.51 -> $145 Strike
MPC $79.29 -> $75 Strike :*(
CAH $54.15 -> $55 Strike
JPM $155.95 -> $155 Strike
MDT $104.21 -> $106 Strike

I could end up being the seller of a lot of stock next week I don't want to be selling but all really solid gains so I'm not going to cry over it too much. Sometimes I just eat it and roll it out if its not too far in the money.
 
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Sanrith Descartes

Sanrith Descartes

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<Aristocrat╭ರ_•́>
44,657
121,171
NKLA

"The article also says that Nikola has given up on internally developed technologies and is now "highly dependent" on suppliers"

 
Pogi.G

Pogi.G

Silver Baronet of the Realm
1,770
9,160
Sanrith Descartes said:
Short covering on PTON is insane.
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I nearly broke down and covered today, but I decided to stick it out. I ended up adding to my short and got my dollar cost average up to $36. I know clown market and all, and PTON is the fucking poster child for that at the moment. Their earnings numbers that dropped today were absolute shit and the price action today made zero sense other than maybe what Sanrith Descartes Sanrith Descartes hinted at was possibly a mini squeeze of sorts.

For now, I hold and will probably end up posting my L in the hall of fucked forum.
 
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Sanrith Descartes

Sanrith Descartes

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<Aristocrat╭ರ_•́>
44,657
121,171
Pogi.G said:
I nearly broke down and covered today, but I decided to stick it out. I ended up adding to my short and got my dollar cost average up to $36. I know clown market and all, and PTON is the fucking poster child for that at the moment. Their earnings numbers that dropped today were absolute shit and the price action today made zero sense other than maybe what Sanrith Descartes Sanrith Descartes hinted at was possibly a mini squeeze of sorts.

For now, I hold and will probably end up posting my L in the hall of fucked forum.
Click to expand...
Dice Vegas GIF by The Weeknd
 
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Tmac

Tmac

Adventurer
<Aristocrat╭ರ_•́>
9,978
17,016
Blazin said:
Selling changes your cost basis to zero.


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My investments are essentially blood oaths. I'm in them forever...or atleast longer than a few years.
 
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Fogel

Fogel

Mr. Poopybutthole
13,163
52,200
Rolled out my BCRX covered calls from 2/18 17$ to 3/18 20$ for a .40 net debit. It's already at 17.50
 
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Sanrith Descartes

Sanrith Descartes

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<Aristocrat╭ರ_•́>
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It is going to be so fucking bad they are getting out ahead of the release a day early.

 
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