My gut says it drifts back to below 22 for a while then climbs into next earnings barring some big contract news.El Chupacabra said:
PLTR with quite the tumble today. Time to scoop up a few more?
One of my better moves. Currently at .88confucius_ag said:Been buying July 26 23Puts as a hedge. $.38- $.40AgPT06 said:
Beat me to it. I am moving up my stops. Hoping it keeps on moving.
Feels balanced.EnronAg said:
approaching power hour for quad witching...we rippy??? or cliff diving???
YesEnronAg said:
approaching power hour for quad witching...we rippy??? or cliff diving???
Brian Earl Spilner said:
Well at least TNA bounced.
BES needs a girlfriend.Charismatic Megafauna said:Brian Earl Spilner said:
Well at least TNA bounced.
I think your gif failed to load?
Charismatic Megafauna said:Brian Earl Spilner said:
Well at least TNA bounced.
I think your gif failed to load?
Quote:
The Congressional Budget Office (CBO) estimated this week that another $1.9 trillion will be added to the national debt this year alone, taking it to an eye-watering $36 trillion.
That is equal to the total value of goods and services produced by the US in the course of a year.
The rising cost of medicare and the bank rate surging to a 23-year high are among the factors likely to push it up to $56 trillion within the next ten years, according to the CBO, taking it to a record 122 percent of GDP.
Quote:
Even if a country issues the leading reserve currency, even if a country is the dominant geopolitical power, that just doesn't bail countries out,' Cullum Clark told the WSJ.
'They do lose that status.'
Yale historian Professor Paul Kennedy warns that Asian nations, including China hold vast quantities of US debt in the shape of Treasury bonds.
He said they now hold the power to trigger a seismic threat to America's status if they 'just decided for some reason of having a political quarrel with the US to dump vast amounts of Treasury's'.
'I have been asking my economist friends about this conundrum…of a very, very large and in some ways overextended great power being able to keep issuing more and more its of currency-denominated bonds without there being, shall we say, punishment for it,' he said.
spend less, grow 3xRed Pear Luke (BCS) said:
Real question for the gang:
How do we get ourselves out of the debt hole? Obviously spending is a part of it, but what areas (hello entitlements)?
I also think part of it is essentially having to grow our way out of it. Which if you think about it, is the least painful option I think.
A friend of mine's father who's a vietnam vet is afraid of this. But anytime I hear anyone bring this up, ask yourself when does China physically go to war? They much prefer to infiltrate from within, constantly stealing ideas, data, etc. Psychological warfare - that's the term I'm looking for!Charismatic Megafauna said:
War with china, which means wwIII if we're being honest with ourselves
Red Pear Luke (BCS) said:
Real question for the gang:
How do we get ourselves out of the debt hole? Obviously spending is a part of it, but what areas (hello entitlements)?
I also think part of it is essentially having to grow our way out of it. Which if you think about it, is the least painful option I think.
🚨⚡️ Week Ahead pic.twitter.com/bMWo2YiQdJ
— Ripster📈📉 (@ripster47) June 24, 2024
If it's close enough to the strike price, the buyer may not choose to exercise, as simple opening trading volatility may take the value negative. I have had this happen both ways, as a seller and a buyer. Especially if it's just one or a few options, it just may not be worth the effort at that point.TxAG#2011 said:
I had sold ARM covered calls with $160 strikes expiring last Friday. The stock closed at like $160.30.
But I logged into Fidelity this morning and I still own the stock? I guess I'm missing something there.
I think the way it works is that most brokers will automatically exercise unless they're given directions to the contrary. There are good reasons people may have to not exercise, such as not having enough cash to buy it (or wanting to avoid margin). I usually try to sell/buy the option on the last trading day, just to avoid the hassle.TxAG#2011 said:
Ok thanks. I had thought it was automatically exercised if it was over the strike.
Would have saved me a good amount of money given the drop this morning. Dam.
Just do it again and make some more premium.TxAG#2011 said:
Ok thanks. I had thought it was automatically exercised if it was over the strike.
Would have saved me a good amount of money given the drop this morning. Dam.
Staying in?Brian Earl Spilner said:
Thanks Katy Perry...
Staying in Katy Perry? How do you get in in the first place?El Chupacabra said:Staying in?Brian Earl Spilner said:
Thanks Katy Perry...
The second I hit submit I knew (and hoped) this would be the first response.GreasenUSA said:Staying in Katy Perry? How do you get in in the first place?El Chupacabra said:Staying in?Brian Earl Spilner said:
Thanks Katy Perry...
