Business & Investing
Sponsored by

Stock Markets - Swing and Longer Term Trades

246,871 Views | 1009 Replies | Last: 12 days ago by EliteZags
insulator_king
How long do you want to ignore this user?
AG
Buying a few shares of INIO this morning for the long term.

Buy 6 Shares of INIO Limit at $23.55 (Good 'til Canceled) Filled at $23.55
Buy 3 Shares of INIO Limit at $23.62 (Good 'til Canceled) Filled at $23.62

And then
Buy 12 Shares of RR Limit at $1.33 (Good 'til Canceled) Filled at $1.33
Buy 6 Shares of RR Limit at $1.34 (Good 'til Canceled) Filled at $1.34

And finally, adding a little bit to my utility trust currently paying 9.38% div monthly. Been pretty consistent.
Buy 3 Shares of GUT Limit at $6.32 (Good 'til Canceled) Filled at $6.29
Chef Elko
How long do you want to ignore this user?
AG
Anyone here use SPY LEAPs to add a bit of leverage to their portfolio? Any book/article recommendations for this? Is there a free program to back test these strategies and add market volatility?

I've been looking to add a little leverage to my account, maybe 110-120% exposure to equities. As many of you probably know, just another 1-2% is massive when it comes to compounding interest over a couple of decades. I've been running a test portfolio with this strategy feel it's a good option to achieve my goals. Adding higher beta tech/NASDAQ/QQQ makes sense, but why not just leverage SPY and avoid too much sector risk.

85 delta SPY LEAPs 2 years out and plan to roll after 1 year and lock in potential long term capital gains
flashplayer
How long do you want to ignore this user?
AG
So we are splitting our normal day to day discussion into 2 threads now because Chupacabra said so? Or was this just a good luck bump of the thread hoping we have a rally similar to the one we had after posts on the previous page?
El Chupacabra
How long do you want to ignore this user?
flashplayer said:

So we are splitting our normal day to day discussion into 2 threads now because Chupacabra said so? Or was this just a good luck bump of the thread hoping we have a rally similar to the one we had after posts on the previous page?

Post wherever you want.

There's a daily post on the stock market thread about how it is a trading or technical trading thread.

I plan to hold (and add) SOFI for awhile...a lot longer than a 'trade'. Although...you could have made good money on it in a trade in a few hours today if you had the know how...which I don't. (I wish I had bought 10k shares at 14.94 this morning, instead of just 100).

My last post in the thread on NLR...still buying, still holding...I suspect you could have traded that a thousand times since last June and made (or lost money) on it.

Happy investing! (trading is the other thread!)
Featured Video Previews
jamey
How long do you want to ignore this user?
AG
Anyone got an idea a good entry proce for QQQ, for a long time hold?
insulator_king
How long do you want to ignore this user?
AG
Sold a bunch of funds today;
CLM
JFR

Also sold a few share of HAFN, one of my shipping stocks.

Building up enough cash to pay off my Fidelity Credit Card. I got the deal where it was 0% interest on purchases for 18 months, so I have maxed out the limit of around $21000, but will need to pay it all off in SEP when the promo rate ends. It also pays 2% cash back, so making out nicely.
EFR
How long do you want to ignore this user?
Why GUT instead of XLU if you want utilities?
XLU has a much better total return over the last five years and much lower fees. Also look at the NAV, GUT is actually pretty expensive.
insulator_king
How long do you want to ignore this user?
AG
Good question.
A few reasons.
Mainly, GUT has a higher dist rate [I realize it is mostly ROC] That's what I am looking for right now. Its 1 year rate of return is +26.05% compared to XLU 1 year rate of return = +14.12%.
I bought GUT when it was low, so it's still performing better for me.

Instead of XLU, I also have Vanguards VYM, which has almost as high a SEC yield, a lower expense ration, and higher total returns for every time period. It more closely replaces XLU, though it is a different sector.

GUT is more of a short term place to keep my smaller amount of my semi-liquid funds in, but I keep an eye on it daily.

I have a lot more [for me] money in the Fidelity Treasury Money Market Fund (FZFXX) Which is paying 3.35% right now compared to XLU's 2.63%.

Thanks for bringing it up.
insulator_king
How long do you want to ignore this user?
AG
Forgot to put in my basis for GUT is $6.00/share in my brokerage and $5.80 in my HSA.
EliteZags
How long do you want to ignore this user?
AG
YouBet
How long do you want to ignore this user?
AG
Right or wrong, I haven't purchased anything new in almost two years it looks like. Just reinvesting dividends at this point.

More importantly, I need to figure out charitable contributions. We mostly paused those while we were going through big life changes so I need to figure out my annual contribution for that now.
jamey
How long do you want to ignore this user?
AG
Bought another lot of gold after splitting the first lot in half


Really want to see it go sub $4K for the remaining lots


And BTC sub 55K before I buy any more

At least thats the plan
Gaeilge
How long do you want to ignore this user?
I got long on CELH in my IRA today. Has ER tomorrow and with how often I see people drinking this stuff and reading up on some of their recent PR, I'm comfortable getting it down here.
bradtheag
How long do you want to ignore this user?
AG
Gaeilge said:

I got long on CELH in my IRA today. Has ER tomorrow and with how often I see people drinking this stuff and reading up on some of their recent PR, I'm comfortable getting it down here.


I just recently opened a long position in this
Gaeilge
How long do you want to ignore this user?
Gaeilge said:

I got long on CELH in my IRA today. Has ER tomorrow and with how often I see people drinking this stuff and reading up on some of their recent PR, I'm comfortable getting it down here.


Ooof…not what I'd expected. Will keep an eye on it, but not going to unload it.

Gaeilge
How long do you want to ignore this user?
Possible hostile takeover on deck.
bradtheag
How long do you want to ignore this user?
AG
Celsius market share keeps growing but margins are down. Margins down due to fuel cost, etc.
Gaeilge
How long do you want to ignore this user?
Gaeilge said:

Possible hostile takeover on deck.


Glad I doubled down on their earnings lows!
Gaeilge
How long do you want to ignore this user?
Sold 1/2 of my CELH yesterday for a solid profit for two weeks. Watching for an entry on KR today. KR is taking a little beating on sympathy move due WMT's earnings. Near 52wk lows and solid dividend history.
Gaeilge
How long do you want to ignore this user?
Just bought 200 shares of MCD in my IRA. Four-year lows, paying a 3.25% dividend at these levels. Don't mind buying and forgetting about this one. At the current market cap, the real estate portfolio estimates make up ~60% of the cap.
59 South
How long do you want to ignore this user?
AG
OP checking in here. I should post on the forum more but just not digging the stock markets thread these days. I'm full time trading now (and it's working) due to a wild ride of life events and finding swings to be the most consistent method (although I bought a stupid amount of SPCX 1dte 155 calls yesterday afternoon and made bank today)… anyways I've been swinging a select few names that I think can work medium term. Figured I'd share. Been in PLTR swing for a while from 120 and still have a good chunk (target next few weeks/months is 220-240 ish).

I bought a full swing position in HIMS today at 28.80. That exact level is a massive pivot. First target up is 30.50 which is also a massive pivot. It may take time but has loads of potential. Look at a chart to see the risk level down. I've been day trading it past month or so and taking easy $0.50 - 2.00 a share back and forth. The levels work on it.

Anyways, I'll try to post more
If this post is on the B&I forum, lighten up it's just money!

Disclaimer: I'm not that smart.
EliteZags
How long do you want to ignore this user?
AG
Quote:

Been in PLTR swing for a while from 120 and still have a good chunk (target next few weeks/months is 220-240 ish).


have you dabbled CC's with it, I have a bunch open exp throughout the month in that range which seem safe-ish so far, seems IV pricing in potential runup into earnings
if go into Nov can net decent premiums over mid 200s

tho my swing is from sub 20 and still planning multi-year hold, so someone just actually swinging to that level could be more aggressive for fatter premiums
59 South
How long do you want to ignore this user?
AG
Yea I only do CC for earnings on it. Last earnings I lost 25% of shares cause I sold them to completely protect all shares with puts.

I do still have a lot of long term shares that range from $12-22 cost basis per share. So I usually do some sort of protection strategy using CC and puts.
If this post is on the B&I forum, lighten up it's just money!

Disclaimer: I'm not that smart.
El_duderino
How long do you want to ignore this user?
Levels have been working great the past few months for shorter/medium swing trades. Are you in SPCX for a swing trade as well or just those 1DTE 155 calls?
59 South
How long do you want to ignore this user?
AG
El_duderino said:

Levels have been working great the past few months for shorter/medium swing trades. Are you in SPCX for a swing trade as well or just those 1DTE 155 calls?


I don't have any SPCX exposure at the moment. I've been day trading shares, and I had 10/2 155 calls that I exited tiers ranging from 3-9x trade (6x avg). September was a hard trading month but October has started off much better. I think it'll be the new TSLA as far as liquid tradable stock.
If this post is on the B&I forum, lighten up it's just money!

Disclaimer: I'm not that smart.
El_duderino
How long do you want to ignore this user?
Heck of a trade. S/R or a pattern setup for that one?
59 South
How long do you want to ignore this user?
AG
I hate to say it but was more of a hunch. For options I only do risk is premium paid so I frequently get zeroes. Redler was on it for one. It was bouncing range bound so entering on a low support level was the entry. And they had successful launches and a very odd sell off Thursday afternoon out of nowhere which screamed liquidity grab before launch (pun intended fo sho)…. So you just take those trades without hesitation knowing they will be ridiculous heroes or zeroes and accept that you don't know what will happen.
If this post is on the B&I forum, lighten up it's just money!

Disclaimer: I'm not that smart.
El_duderino
How long do you want to ignore this user?
Saw that with his 630 club. GLW putting in nice lower highs and higher lows looking close to entry today
Gaeilge
How long do you want to ignore this user?
Not one that is discussed too often, but I've been buying a sizable position in GRAB over the last month or so since I saw the CEO loading up. I'm carrying 5k shares with a cost avg. around $3.05
EliteZags
How long do you want to ignore this user?
AG
WE BACK BABY

 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.