I sold $6 puts for Friday

BT1395 said:

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LADR halted? I can't get a trade to go through...

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Well, I'm glad my buy didn't go through at $4.20. I'm out for a while - this is insane.

Selling puts right now is money lol...

MGM heading into a LADR like freefall......

I got it at 3.80 now I'm wondering if I got it too soon

Looks like we'll retest 237...

fightintxag13 said:

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Looks like we'll retest 237...

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I ALMOST bought more puts for 1.80 at the top of that rally, but didn't want to put more money in. They're almost a double.

McInnis 03 said:

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MGM heading into a LADR like freefall......

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MAR too

Blue Apron still going.

If one were looking to go long over the next 6-12 months, where would you look?

I'm considering banks (BOA, Citi, GS), or staples (Clorox, J&J or P&G) or oil. Or should I be looking elsewhere?

Spaceship said:

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If one were looking to go long over the next 6-12 months, where would you look?

I'm considering banks (BOA, Citi, GS), or staples (Clorox, J&J or P&G) or oil. Or should I be looking elsewhere?

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I wouldn't try to pick winning stocks, but rather winning sectors. XLP, XLV, XLU. Maybe XOP if you like to gamble. And XLF if you like banks.

Doh...sold off all my WTRH last time it hit .41. 1.41 today

net free on my CRWD calls and SWN puts now

TPL...ouch

bought a couple hundred UWT and some June USO calls. Think someone in this thread said it costs the Saudis $25 to lift a barrel. No idea if it's true but if so this is the breaking point

edit: why do I keep getting top of page. I swear I'm not doing it on purpose

Spaceship said:

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If one were looking to go long over the next 6-12 months, where would you look?

I'm considering banks (BOA, Citi, GS), or staples (Clorox, J&J or P&G) or oil. Or should I be looking elsewhere?

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BRK.B - diversified and plenty of cash
JPM - best of breed
GOOGL- ATM machine, hundreds of incubator long shots, and tons of cash.
VDC - will cover your staples desire in one shot.
DOW - strong div they can cover
RDS. B - huge div they can cover and they can withstand 20 oil for a while
DIS - everyone loves the mouse and once this clears I expect this to spring back faster than others.

VXUS (Vanguard International Large Cap Index Fund) is at an all time low

PWV is an ETF that has been VERY good to me and it owns some stocks people are trying to cherry pick right now

JNJ Johnson & Johnson
IBM International Business Machines Corp
INTC Intel Corp
T AT&T Inc
CMCSA Comcast Corp Class A
GE General Electric Co
VZ Verizon Communications Inc
CSCO Cisco Systems Inc
PFE Pfizer Inc Healthcare
BAC Bank of America Corp

Very short lived bounce last time. Another retest on deck.

Want a good stock pick? I am not bullish on oil at all but PSX is at it's IPO price as of right now which is wild...

ADBE rebuys from previous $335 sells filled at $280.58

Another one similar is QUAL.

Touchless said:

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Ah, thanks. So instead of actually inputting as a strangle, you buy two separate options that effectively act as a strangle instead?

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Yeah there may be a better way to do it...but that's what I'm going for

I'm entering my call in now while we're around 237, but if that breaks I'm exiting immediately

WYNN
47.5 down 7

We've been seeing this every day. DOWN, UP, DOWN, DOWN, UP, DOWN, UP, DOWN, DOWN, UP. I'm not sure S&P values mean a damn thing right now, starting to wonder when companies value in office furniture exceeds their market cap. WE're definitely trending down, but to say money wont' matter at 1850......I'm not so sure that armageddon starts then.

BUT, all that being said, if you hear trumpets from the sky and see a white rider with a sword protruding from his mouth.............SEND ME TO THE FRONT OF THE PACK BECAUSE I'M GOING IN!

Bernie drop-out bump.

It's the major psychological line.

VTI

on a different thread, DRE06 mentioned SYY as a good stock to buy discounted (buy and hold). Looks tempting to me.

Any thoughts?

Please tell me someone has some Blue Apron. Only up 550% in the last few days.

oldarmy1 said:

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ADBE rebuys from previous $335 sells filled at $280.58

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Well got a quick bounce on these so I went ahead an sold a $290 call expiring tomorrow.

At what point do I tell my parents to cut losses and pull out savings...other than two weeks ago...? Currently down 30%.