[Littlebear]

MU reports after closing time today...!

[premier3is]

Originally Posted by Der_Wolf

Clov is absolutely going to rocket this week. Fintel reported no more available shorts.

This post didn't age well…

[premier3is]

Originally Posted by XKxRome0ox

what happened with NKE? nice gain


cash didn't hit my Tastyworks account yet
only have $1000 available

I wrote credit call spreads on Nike on the day it rocketed, and although I made the full premium by end of day Friday, I realized I didn't close the fuckin position and it nearly pinned me between the 2 strikes.

Safe to say I didn't sleep well that night due to the risk of a possible exercise lol.

All good tho thankfully

[XKxRome0ox]

Originally Posted by Littlebear

MU reports after closing time today...!

MU beat expectations ... but did it beat by enough?

[XKxRome0ox]

deposited $30k into cash account and started using it in January of this year
deposited $15k into margin account, started using it this week

should have started using the margin account earlier
but then again, maybe it saved me from blowing up the account because i would have gotten in over my head with options


total account value is about $10k less than at peak but i'm not worried since i'm still up over 21% YTD in the account
feel pretty good about all of my positions in this portfolio
let's get it

[antzcrashing]

I bought PTON around 20 a share, sold some for profit but long the remainder.

[tom2021]

Originally Posted by XKxRome0ox

if you like dividends, get some ET!

Thanks for the info. Good dividend.
Is ET better bet than Chevron or Exxon?
Chevron and Exxon also distribute good dividend and less risk.

[premier3is]

Originally Posted by tom2021

Thanks for the info. Good dividend.
Is ET better bet than Chevron or Exxon?
Chevron and Exxon also distribute good dividend and less risk.

If you like dividends get CIM. Almost 9% it recently came down from 9% to 8.7 or so

[Littlebear]

Originally Posted by XKxRome0ox

MU beat expectations ... but did it beat by enough?

Apparently not for the day traders!

[RelaxIN2]

Subscribed...!!

[tom2021]

Originally Posted by premier3is

If you like dividends get CIM. Almost 9% it recently came down from 9% to 8.7 or so

Thanks for the stock tips.
It is interesting that CIM survived 2007-2008 housing collapsed.

[bimmer pleaser V2]

Originally Posted by premier3is

This post didn't age well…

Meme trading no for faint of heart. Apes know no fear. If you no ape buy CDs and steer clear.

[XKxRome0ox]

Originally Posted by Littlebear

Apparently not for the day traders!

IV crushed?

[Littlebear]

Originally Posted by XKxRome0ox

IV crushed?

No, I don't do any of those drugs....

[XKxRome0ox]

Originally Posted by Littlebear

No, I don't do any of those drugs....

the stockmarket is worse than any drug out there

[Littlebear]

Originally Posted by XKxRome0ox

the stockmarket is worse than any drug out there

I probably have too much $$ in chips, but it is split between MU & AVGO presently, so I'm sort of protected.

[tom2021]

Originally Posted by Littlebear

I probably have too much $$ in chips, but it is split between MU & AVGO presently, so I'm sort of protected.

I also own both, by owning a semiconductor ETF: SOXX.
Any corporation may make mistake, and their stock may tank. GE and IBM are the example.
I prefer etf.

[Littlebear]

Originally Posted by tom2021

I also own both, by owning a semiconductor ETF: SOXX.
Any corporation may make mistake, and their stock may tank. GE and IBM are the example.
I prefer etf.

An ETF gives you the good with the bad, rewarding all companies equally.
I would prefer to own only the good stocks, if I can figure which they are!

[antzcrashing]

Originally Posted by Littlebear

An ETF gives you the good with the bad, rewarding all companies equally.
I would prefer to own only the good stocks, if I can figure which they are!

This is the way.

And it is how I operate in my RH account, I own 50-100 stocks at a time in different segments of the market. Repositioning as the climate changes. Do I always beat the indexes? No. But I am fairly safe from a single stock tanking and I have higher beta (chance for upside) than just broad indexes. Also I buy small positions in etfs like SPY, DIA, QQQ, as they allow me to benefit from whole market advances and let me watch the gains (I keep an eye on the 'total % change' stat over ownership).

[tom2021]

Anybody hold Illumina (ILMN)? Any thoughts?

[Noneya]

Originally Posted by antzcrashing

This is the way.

And it is how I operate in my RH account, I own 50-100 stocks at a time in different segments of the market. Repositioning as the climate changes. Do I always beat the indexes? No. But I am fairly safe from a single stock tanking and I have higher beta (chance for upside) than just broad indexes. Also I buy small positions in etfs like SPY, DIA, QQQ, as they allow me to benefit from whole market advances and let me watch the gains (I keep an eye on the 'total % change' stat over ownership).

You should translate your strategy to playing the roulette - you'd bankrupt all the casinos!

[antzcrashing]

Originally Posted by Noneya

You should translate your strategy to playing the roulette - you'd bankrupt all the casinos!

At casinos the odds are stacked heavily against you. You're only hedging and improving your odds if you count cards in poker, but they will probably catch you, and they will probably use multiple decks