All those financials paid off from yesterdays basing.

JD trend line intraday a day traders dream. That pull back to $32.25 area perfection.

oldarmy1 said:

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JD trend line intraday a day traders dream. That pull back to $32.25 area perfection.

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Extending trendline would be $32.40 area. Another perfect touch and move until that trendline breaks on volume its pure

My guess is we have the usual pullback early tomorrow and then Trump announces the NAFTA deal and we recover.

Tea leave commentary only.

About dang time DBX. About fell asleep on you!

oldarmy1 said:

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About dang time DBX. About fell asleep on you!

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i sold naked put on DBX down to 26. Reduce my $30 cost basis and if it sells off then I am averaged down.

Bottom opened up on JD, will be exercising my put soon

*******Prediction - Don't take literally **********

Wild ass, put it in your pipe and smoke it with no basis prediction.....

Microsoft acquires Dropbox for $40 billion over the next few weeks.
- explains COO departure at DBX
- Microsoft CEO recently sold a major block of shares.
- Gives Microsoft a competitive edge with GOOG and doesn't let a Fox in the henhouse of MSFTs commercial software monopoly.
- Microsoft wants to dominate cloud

gougler08 said:

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Bottom opened up on JD, will be exercising my put soon

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I don't know your position with JD, and maybe oldarmy1 can correct me if I'm wrong, but isn't it more advantageous to just sell the put instead of exercising the option now? The put will have extrinsic value that should help you lower your cost more than the difference in strike and market. As I look, JD is at $31.67. So by exercising you are lowering your basis by $.83. However, there may $.10 worth of extrinsic value in the option due to time. So if that's the case you would lower your basis by $.93 instead of $.83 and still hold your original shares. If you think the stock is still going to go down so you will buy it later when it is lower after exercising the option, the option would be worth more later as well, so it still benefits to not exercise it now.

Just a thought, but maybe I am wrong on what your position actually is.

khkman22 said:

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gougler08 said:

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Bottom opened up on JD, will be exercising my put soon

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I don't know your position with JD, and maybe oldarmy1 can correct me if I'm wrong, but isn't it more advantageous to just sell the put instead of exercising the option now? The put will have extrinsic value that should help you lower your cost more than the difference in strike and market. As I look, JD is at $31.67. So by exercising you are lowering your basis by $.83. However, there may $.10 worth of extrinsic value in the option due to time. So if that's the case you would lower your basis by $.93 instead of $.83 and still hold your original shares. If you think the stock is still going to go down so you will buy it later when it is lower after exercising the option, the option would be worth more later as well, so it still benefits to not exercise it now.

Just a thought, but maybe I am wrong on what your position actually is.

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Answer my own question, and I follow the logic and agree thats good advice

gougler08 said:

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Bottom opened up on JD, will be exercising my put soon

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Moment that trend line broke it was over

oldarmy1 said:

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gougler08 said:

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Bottom opened up on JD, will be exercising my put soon

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Moment that trend line broke it was over

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Yep...went ahead and sold the put and took my $60 and moved on

Bonfire1996 said:

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*******Prediction - Don't take literally **********

Wild ass, put it in your pipe and smoke it with no basis prediction.....

Microsoft acquires Dropbox for $40 billion over the next few weeks.
- explains COO departure at DBX
- Microsoft CEO recently sold a major block of shares.
- Gives Microsoft a competitive edge with GOOG and doesn't let a Fox in the henhouse of MSFTs commercial software monopoly.
- Microsoft wants to dominate cloud

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I know it is a hypothetical, but do you think that would clear the SEC?

Still liking the Jan 2020 50C?

What do you think about DBX calls at $30 with an expiration of Sept 14? $0.60 right now...

Where are you getting .60? I'm showing double that.

Same... I'm showing $1.18 for the 9/14 $30.

UpstateAg said:

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Where are you getting .60? I'm showing double that.

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I'm dumb and can't read after clicking the wrong number, .75 for a 32 call

NFLX testing that $321 support line again

The market does not like any chip stocks right now.

Prognightmare said:

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The market does not like any chip stocks right now.

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But it hates Nvidia the least!

gougler08 said:

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NFLX testing that $321 support line again

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Held up again, but not sure what is going to send it back up anytime soon either

Ragoo said:

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Took more ROKU off the table at 55. Bought puts out 30+ days at 50 strike against the rest to hedge.

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Think I may join you in that ROKU put...that looks prime to at least fill some of that gap back

And Nvidia announces earnings and is down 6% in the aftermarket! You're right again Prog, the market hates ALL semiconductors.

IrishTxAggie said:

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Bonfire1996 said:

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*******Prediction - Don't take literally **********

Wild ass, put it in your pipe and smoke it with no basis prediction.....

Microsoft acquires Dropbox for $40 billion over the next few weeks.
- explains COO departure at DBX
- Microsoft CEO recently sold a major block of shares.
- Gives Microsoft a competitive edge with GOOG and doesn't let a Fox in the henhouse of MSFTs commercial software monopoly.
- Microsoft wants to dominate cloud

---

I know it is a hypothetical, but do you think that would clear the SEC?

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Easily. Plenty of share to go around

pfo said:

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And Nvidia announces earnings and is down 6% in the aftermarket! You're right again Prog, the market hates ALL semiconductors.

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Just saw that. The SOX will be a bloodbath tomorrow morning. Sorry man

ETA: They lowered forward guidance

Bonfire1996 said:

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IrishTxAggie said:

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Bonfire1996 said:

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*******Prediction - Don't take literally **********

Wild ass, put it in your pipe and smoke it with no basis prediction.....

Microsoft acquires Dropbox for $40 billion over the next few weeks.
- explains COO departure at DBX
- Microsoft CEO recently sold a major block of shares.
- Gives Microsoft a competitive edge with GOOG and doesn't let a Fox in the henhouse of MSFTs commercial software monopoly.
- Microsoft wants to dominate cloud

---

I know it is a hypothetical, but do you think that would clear the SEC?

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Easily. Plenty of share to go around

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I agree DBX will be bought out by next summer. I also suspect ROKU to be acquired by that time too.

Who would go after roku?

leoj said:

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Who would go after roku?

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AMZN, AAPL, DIS, GOOG, and T they need revenue to offset cord cutters. ROKU has the best streaming technology and are now building a subscriber base. Any of those companies could by them out in an instant. Let's just say, I wouldn't be short ROKU going into any weekend. Hell, I wouldn't be short ROKU overnight.

AMZN and AAPL have direct competition to ROKU. GOOG does too to an extent with their Chromecast. SONY has the PSVue too. I do think ROKU may get acquired but I think those are four I mentioned are off the list. Maybe Verizon or AT&T like you said.

gougler08 said:

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Ragoo said:

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Took more ROKU off the table at 55. Bought puts out 30+ days at 50 strike against the rest to hedge.

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Think I may join you in that ROKU put...that looks prime to at least fill some of that gap back

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i sold them back to the market. I may buy the $55 put. We shall see. I may sell the $70 call and buy the $55 put. This will reduce the put purchase price.

ROKU being acquired is a big talking point. I think their CEO, Anthony Wood who is an Aggie, is not going to go that route.

IrishTxAggie said:

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AMZN and AAPL have direct competition to ROKU. GOOG does too to an extent with their Chromecast. SONY has the PSVue too. I do think ROKU may get acquired but I think those are four I mentioned are off the list. Maybe Verizon or AT&T like you said.

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you can use roku to access your Prime content, you can use ROKU to access your PSVue content. They compete with Apple TV and chrome cast to an extent although chrome cast is nowhere near what ROKU is, completely different tech and functionality.

Roku is an OS like Apple TV but ROKU is more universal. And they are actually partnering with TV mfgs.

leoj said:

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Who would go after roku?

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The average price target on the street is $54 and the pros I use have a $60 price target on ROKU. So at the current price of $57, I would probably wait for a better entry point.

Prog and I bought ROKU at much lower prices. They have a great service and very good biz model but they are in competition with category killers like Amazon so it's going to be a dogfight.