Business & Investing
Sponsored by

Stock Markets

25,149,711 Views | 233850 Replies | Last: 50 min ago by $30,000 Millionaire
badharambe
How long do you want to ignore this user?
AG
badharambe said:

Starting APPN
144
nice curl today.

long shares and 12/18 calls.
wanderer
How long do you want to ignore this user?
NET just bouncing between 74 & 75 today. Needs to break though 75 with conviction
tramaro1
How long do you want to ignore this user?
AG
Wanted to get the opinion of the board. I know it is always best to go net free, however on a stock like Apple for example which continues to grow and pays a dividend. Do you go net free or keep letting it ride?
Mr President Elect
How long do you want to ignore this user?
AG
Is the Slack channel still active? I just saw the posts about it back from early August when I was out.
tlepoC
How long do you want to ignore this user?
AG
Mr President Elect said:

Is the Slack channel still active? I just saw the posts about it back from early August when I was out.
It is still there. Active is a stretch. Mostly just a better way of seeing OA tweets.
59 South
How long do you want to ignore this user?
AG
tramaro1 said:

Wanted to get the opinion of the board. I know it is always best to go net free, however on a stock like Apple for example which continues to grow and pays a dividend. Do you go net free or keep letting it ride?
I make my decisions on a case by case basis. I always ask myself if I think I have something lined up that will outperform that capital in the short to medium term. If yes, then go net free and buy something else. If no, then leave it until you spot something better. This has worked well for me on momo stocks that I've had strong conviction holding full for well more than a double... for example - NIO 900%, ROKU 525%, SQ 325% I'm still holding full because they are trend/growth stocks which I have higher targets on in the medium term. I've sold others like JD, MGNI and soon to be AMD when they've gone over double because I'm not as convicted or had some other reason... I've never sold AMZN because it's a safe investment for me and own it in taxable account for a few years. Now if they split, and it races to something absurd like $10k per share pre-split, then I'd probably sell half... or sell some covered calls... come on Jeff Bozo split your damn stock already!!!!

oldarmy1
How long do you want to ignore this user?
AG
Buying AMD $100 Dec 18 calls. It's going to hit $100 after this breather I'm pretty confident.
oldarmy1
How long do you want to ignore this user?
AG
59 South said:

tramaro1 said:

Wanted to get the opinion of the board. I know it is always best to go net free, however on a stock like Apple for example which continues to grow and pays a dividend. Do you go net free or keep letting it ride?
I make my decisions on a case by case basis. I always ask myself if I think I have something lined up that will outperform that capital in the short to medium term. If yes, then go net free and buy something else. If no, then leave it until you spot something better. This has worked well for me on momo stocks that I've had strong conviction holding full for well more than a double... for example - NIO 900%, ROKU 525%, SQ 325% I'm still holding full because they are trend/growth stocks which I have higher targets on in the medium term. I've sold others like JD, MGNI and soon to be AMD when they've gone over double because I'm not as convicted or had some other reason... I've never sold AMZN because it's a safe investment for me and own it in taxable account for a few years. Now if they split, and it races to something absurd like $10k per share pre-split, then I'd probably sell half... or sell some covered calls... come on Jeff Bozo split your damn stock already!!!!


Planted AAPL long ago but if you have it post split I would want $140 before planting it. But when it gets there do plant it.
59 South
How long do you want to ignore this user?
AG
oldarmy1 said:

Buying AMD $100 Dec 18 calls. It's going to hit $100 after this breather I'm pretty confident.
Glad you finally joined the party OA! Let's roll! I'm still holding my full load of 12/18 87.5s from 2.50 entry a couple weeks ago.
I bleed maroon
How long do you want to ignore this user?
AG
tramaro1 said:

Wanted to get the opinion of the board. I know it is always best to go net free, however on a stock like Apple for example which continues to grow and pays a dividend. Do you go net free or keep letting it ride?

Do not confuse this thread with investing in the stock market. It is a TRADING thread, focused on short-term actions for people who are knowledgeable about options and other advanced strategies. I believe you are talking about a buy-and-hold position in AAPL, in which case, you should ignore this thread. Whether you take some gains or not depends more on these:

  • If you believe you are over-allocated in AAPL vs. the rest of your portfolio, sell some (net free is a simple approach of selling enough to cover your initial investment, and ride with the remainder - it's a sound approach which I and many others use, but there's no magic to it)
  • If you have other investments that you believe will outperform AAPL, sell some of it
  • If you think AAPL has run its' course, and worse times are ahead, sell all of it
  • Look at your tax situation before taking action as well. If it's in a tax-deferred account, capital gains don't apply. If it's in a taxable account, look at whether it is a short-term gain or long-term gain to determine tax treatment related to your other investment results this calendar year.

I have asked OA (or TexAgs) to change the title of this thread several times to "Active Traders" or something like that to avoid this type of issue. So far, no luck.

Hope that helps.
tramaro1
How long do you want to ignore this user?
AG
Thanks for the insight good stuff!
0708aggie
How long do you want to ignore this user?
AG
Tagged along. In for 40.
BrokeAssAggie
How long do you want to ignore this user?
59 South said:

oldarmy1 said:

Buying AMD $100 Dec 18 calls. It's going to hit $100 after this breather I'm pretty confident.
Glad you finally joined the party OA! Let's roll! I'm still holding my full load of 12/18 87.5s from 2.50 entry a couple weeks ago.
In at $1.35
Orlando Ayala Cant Read
How long do you want to ignore this user?
AG
Orlando Ayala Cant Read said:

Those of you still in on $WKHS , there was a story yesterday that USPS was delaying its contract announcement yet again and that sent the stock tumbling AH yesterday.

There's some dispute on whether the story is accurate but even if it is, what do you guys think of the Jan 15 $19 @ $3.90 call? Seems like a good deal on the surface.


Glad I did this, up 34% in one day but #SHBM
zag213004
How long do you want to ignore this user?
AG
CrazyRichAggie said:

59 South said:

oldarmy1 said:

Buying AMD $100 Dec 18 calls. It's going to hit $100 after this breather I'm pretty confident.
Glad you finally joined the party OA! Let's roll! I'm still holding my full load of 12/18 87.5s from 2.50 entry a couple weeks ago.
In at $1.35


1.35 as well
jbeck3487
How long do you want to ignore this user?
AG
I missed that chance to sell the CRM calls this morning. Hopefully it continues to build throughout the day.
59 South
How long do you want to ignore this user?
AG
I bleed maroon said:

tramaro1 said:

Wanted to get the opinion of the board. I know it is always best to go net free, however on a stock like Apple for example which continues to grow and pays a dividend. Do you go net free or keep letting it ride?

Do not confuse this thread with investing in the stock market. It is a TRADING thread, focused on short-term actions for people who are knowledgeable about options and other advanced strategies. I believe you are talking about a buy-and-hold position in AAPL, in which case, you should ignore this thread. Whether you take some gains or not depends more on these:

  • If you believe you are over-allocated in AAPL vs. the rest of your portfolio, sell some (net free is a simple approach of selling enough to cover your initial investment, and ride with the remainder - it's a sound approach which I and many others use, but there's no magic to it)
  • If you have other investments that you believe will outperform AAPL, sell some of it
  • If you think AAPL has run its' course, and worse times are ahead, sell all of it
  • Look at your tax situation before taking action as well. If it's in a tax-deferred account, capital gains don't apply. If it's in a taxable account, look at whether it is a short-term gain or long-term gain to determine tax treatment related to your other investment results this calendar year.

I have asked OA (or TexAgs) to change the title of this thread several times to "Active Traders" or something like that to avoid this type of issue. So far, no luck.

Hope that helps.
This is a great take and post. I struggle sometimes because I do sometimes actively trade, but not that often... more of a tweener between what is on here and long term investing... I made another thread on here a while back that has gotten some traction but not a ton.
FJ43
How long do you want to ignore this user?
zwhag2010 said:

CrazyRichAggie said:

59 South said:

oldarmy1 said:

Buying AMD $100 Dec 18 calls. It's going to hit $100 after this breather I'm pretty confident.
Glad you finally joined the party OA! Let's roll! I'm still holding my full load of 12/18 87.5s from 2.50 entry a couple weeks ago.
In at $1.35


1.35 as well
Make that X 3
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

59 South
How long do you want to ignore this user?
AG
Since the AMD train is getting loaded up...

tramaro1
How long do you want to ignore this user?
AG
Thanks for the info. Yes this thread has a lot of short term trading, however there are discussions on long term stock plays ie NIO, MBIO, and now WWR as a few examples.
59 South
How long do you want to ignore this user?
AG
Orlando Ayala Cant Read said:

Orlando Ayala Cant Read said:

Those of you still in on $WKHS , there was a story yesterday that USPS was delaying its contract announcement yet again and that sent the stock tumbling AH yesterday.

There's some dispute on whether the story is accurate but even if it is, what do you guys think of the Jan 15 $19 @ $3.90 call? Seems like a good deal on the surface.


Glad I did this, up 34% in one day but #SHBM
Nice trade. It could easily close the gap up at 24.57.
FJ43
How long do you want to ignore this user?
tramaro1 said:

Thanks for the info. Yes this thread has a lot of short term trading, however there are discussions on long term stock plays ie NIO, MBIO, and now WWR as a few examples.
Anything that has the phrase "accumulation" is at the very least mid term and most are long term.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

gigemJTH12
How long do you want to ignore this user?
AG
can you fill me in on WWR? has he started accumulating yet or did he say 2021?
FJ43
How long do you want to ignore this user?
gigemJTH12 said:

can you fill me in on WWR? has he started accumulating yet or did he say 2021?
Now for 2021. OA is making it one of his larger 2021 accumulation plays. I started yesterday and have been adding small amounts today. Next group I add will for me be to see if dips below $6.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

59 South
How long do you want to ignore this user?
AG
PS team... I should take PTO every Thursday afternoon like I did today (gotta use or lose my insane 2020 time off accumulation with no Euro trips as previously planned).

Thanks for all the good trading banter today. Lockdown is officially over so I'm about to be out to get ready for a nice and very overdue Italian dinner out with my lady.
tramaro1
How long do you want to ignore this user?
AG
gigemJTH12 said:

can you fill me in on WWR? has he started accumulating yet or did he say 2021?

I believe he said if it drops below $5 then MA.
$30,000 Millionaire
How long do you want to ignore this user?
AG
oldarmy1 said:

Buying AMD $100 Dec 18 calls. It's going to hit $100 after this breather I'm pretty confident.
in these also, but from a higher entry, unfortunately. Dealing with MAE
GtownRAB
How long do you want to ignore this user?
AG
tramaro1 said:

gigemJTH12 said:

can you fill me in on WWR? has he started accumulating yet or did he say 2021?

I believe he said if it drops below $5 then MA.


Part of his strategy was selling January $5 puts for about $1 giving you a potential net entry at $4.
$30,000 Millionaire
How long do you want to ignore this user?
AG
what do you guys think about SFT? Poor man's CVNA.
Rice and Fries
How long do you want to ignore this user?
FJ43 said:

zwhag2010 said:

CrazyRichAggie said:

59 South said:

oldarmy1 said:

Buying AMD $100 Dec 18 calls. It's going to hit $100 after this breather I'm pretty confident.
Glad you finally joined the party OA! Let's roll! I'm still holding my full load of 12/18 87.5s from 2.50 entry a couple weeks ago.
In at $1.35


1.35 as well
Make that X 3
I'm glad I jumped out yesterday for no loss. I am back in at 1.26
FJ43
How long do you want to ignore this user?
COME ON F !!! Break $9.28 and get a move on for crying out loud. How many times are you going to try.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Brewmaster
How long do you want to ignore this user?
AG
SNAP? forgive my laziness, what's our exit? going look up a chart now
FJ43
How long do you want to ignore this user?
$30,000 Millionaire said:

what do you guys think about SFT? Poor man's CVNA.
Looking on a 10 Min it is still falling and hasn't taken back the trend yet so I would be curious if it hits that $8.24ish level and bounces back up. Big spike up and not sure it has settled yet but if it bounced or a flash there might be an entry?

Maybe $8.56ish could also be a support level. Just thinking out loud here.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

zag213004
How long do you want to ignore this user?
AG
$AAPL: is that a cup with handle on minute chart?

I'm learning to read these indicators so I could be completely off
CPDAggie10
How long do you want to ignore this user?
AG
GtownRAB said:

tramaro1 said:

gigemJTH12 said:

can you fill me in on WWR? has he started accumulating yet or did he say 2021?

I believe he said if it drops below $5 then MA.


Part of his strategy was selling January $5 puts for about $1 giving you a potential net entry at $4.
You can also sell January $7.5 puts that is likely to give you a net entry below $5. I just sold some for $2.67
First Page Last Page
Page 2541 of 6682
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.