Plus Apple doing original content and T utilizing their new HBO/TW platform and content to take them on as well. Definitely going to be a harder next 3-5 years than the past 5 years.
jj9000 said:
What are you guys' thoughts on long ET ?
That Yield is attractive.
oldarmy1 said:
CSX approaching $66
oldarmy1 said:
Everyone note that this is the 2nd Friday with big moves. Remember how the biggest moves were generally Monday-Wednesday due to option decay on Thursday Friday not moving more than 1 level of option on par?
Well the machines adapted and surprised people now twice and paid us off nicely for the hold.
oldarmy1 said:
ALGN at resistance as its made its move from bottom entry $180 to $224. Need to break $225 to continue the recovery move and we'll see $240 quickly
You'll make up for it.WestTexAg12 said:oldarmy1 said:
Everyone note that this is the 2nd Friday with big moves. Remember how the biggest moves were generally Monday-Wednesday due to option decay on Thursday Friday not moving more than 1 level of option on par?
Well the machines adapted and surprised people now twice and paid us off nicely for the hold.
I sold my JD $24 for a loss yesterday. Another F up.
Trying to make up for it with CSX
If you are thinking of selling and have covered call options then I'd sell the $45's Feb 15 calls at $3.50-$3.60 and you either get $48.50-$48.60 or you lower your net holding price by $3.50-$3.60 per share on pullback below $45jayelbee said:
Any strategies for DOCU right now? I have a good position at a variety of price points. Would like to lower my cost basis and hold. Or if it's out of juice for now, get out and reenter on a dip.
oldarmy1 said:You'll make up for it.WestTexAg12 said:oldarmy1 said:
Everyone note that this is the 2nd Friday with big moves. Remember how the biggest moves were generally Monday-Wednesday due to option decay on Thursday Friday not moving more than 1 level of option on par?
Well the machines adapted and surprised people now twice and paid us off nicely for the hold.
I sold my JD $24 for a loss yesterday. Another F up.
Trying to make up for it with CSX
Was it stock or options on JD? Hopefully not stock because its been the #1 post pounding the table buy for a big move breakout.
Because if you are thinking a stock is made its run then you're using the covered call hedge to protect more of downside than juice the upside. If he is correct and it starts consolidating it will come back below $45.jayelbee said:
Why not the 47.50 for $2? Calls strategies are something I'm still trying to learn.
Breaaaaaakoutgougler08 said:oldarmy1 said:
ALGN at resistance as its made its move from bottom entry $180 to $224. Need to break $225 to continue the recovery move and we'll see $240 quickly
Hopped in at 200 based on your feedback, let's see this baby go