OT: Stock trading | Page 189 | The Boneyard

OT: Stock trading

Da_Aisijimo_Gou said:
example: X, Y or Z security up 200, 300, 400% last year (or any year), take some profits on highest-cost shares => free up cash to buy other stuff person wants to invest in, etc.
A, B or C security down few hundred % take some losses, balance losses against gains to manage overall tax impact.
Hedge - buying puts can help with stuff wayyyy up (SPY and QQQ 4Q21); buying calls can enable buys of stuff which may drop significantly to a price a person is inclined to buy
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You do realize that no investment can go down more than 100% right?? And you SELL calls against your long positions to hedge, you don’t buy them
 
uconngb said:
You do realize that no investment can go down more than 100% right?? And you SELL calls against your long positions to hedge, you don’t buy them
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My reference to calls was not entirely clear, and it should have been on a separate line or in a separate sentence. To hedge against anticipated declines, I referred to puts bought to provide some cover on overall LT holdings.

Separately, the calls comment was intended to reference Call BUYS to 1. enable right to buy some quality large caps, 2. IF the specific companies potentially dropped to desired BUY exercise prices 3. IF overall US equities declined significantly. Did, exercised.
 
Da_Aisijimo_Gou said:
My reference to calls was not entirely clear, and it should have been on a separate line or in a separate sentence. To hedge against anticipated declines, I referred to puts bought to provide some cover on overall LT holdings.

Separately, the calls comment was intended to reference Call BUYS to 1. enable right to buy some quality large caps, 2. IF the specific companies potentially dropped to desired BUY exercise prices 3. IF overall US equities declined significantly. Did, exercised.
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What you are describing is accomplished by selling puts, not buying calls.
 
casual-yardin said:
What you are describing is accomplished by selling puts, not buying calls.
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Sell put right to buy, or buy call obligation to buy. Accomplished goals, bought at desired exercise prices. Alternatively, spreads yet keeping it simple. Coupla decades+ worked out OK. /s
 
Da_Aisijimo_Gou said:
Sell put right to buy, or buy call obligation to buy. Accomplished goals, bought at desired exercise prices. Alternatively, spreads yet keeping
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The right to buy/sell comes from buying options. The obligation to buy/sell comes from selling options. Your "strategies" stated above ("2. IF the specific companies potentially dropped to desired BUY exercise prices 3. IF overall US equities declined significantly. Did, exercised.") are accomplished by selling puts, not buying calls.
 
casual-yardin said:
The right to buy/sell comes from buying options. The obligation to buy/sell comes from selling options. Your "strategies" stated above ("2. IF the specific companies potentially dropped to desired BUY exercise prices 3. IF overall US equities declined significantly. Did, exercised.") are accomplished by selling puts, not buying calls.
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True dat, and exercise prices, intended goal(s), and timing matter. Misrepresented why, and when calls were bought. Exercised bought puts, and separately bought calls yet not for reasons in the misstated examplle. Yikes, my bad and still worked. I'll lay off the meds. ;)
 
I'm probably in the minority on this, but I think the Fed is doing the only thing it can do and, ultimately, what it has to do. It will be very difficult to try to determine when equities hit the trough. I think real estate is next. Crypto and memes........well..........
 
I think today is gonna be wild…you might see the market down 600-800 points but it may be up by the end of the day. Lots of clueless funds playing games and many of them are going to end up going bankrupt.
 
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polycom said:
These are LOL funny takes. The way people laugh at crypto but then happily invest in S&P/DOW companies which I'm sure are excellent for the environment and no criminal activities happen.

To the OP I use FTX & Voyager and try to avoid Coinbase cause their fees are insane. I don't use any type of cold storage because I don't really care since I rather stake or swap
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Been meaning to come back and point to the scoreboard.
 
WestHartHusk said:
Been meaning to come back and point to the scoreboard.
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At least you tagged me when you tried to dance on my head.... Also, people who invested in Tesla or NVDA I'm sure would also like to point to the scoreboard.
 
WestHartHusk said:
And then never bought again. How many of them exist?
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I bought 5 ethereum for like 75 a piece years ago. Sold last fall for 4400 a piece or something. Getting a nice vacation out of it and a bit of baby savings.

I didn't get rich off it, but best investment I made by the numbers. I don't really dabble in crpyto any more, just here and there in my play money fund
 
I’ve been nibbling on LINK, DOT - BITCOIN could still drop down to the 11K range at some point - so I’m not backing up the truck yet.
 
huskyinfl said:
XBI. Spiders bio tech it's cheaper today than it was during the March 2020 crash I'm starting to build a position.
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$65 to $82 + out biotech is still a trade but 20% in 5 weeks in this market has to be sold.
 
Well, GE is officially named its three new companies as it splits up.

GE Aerospace- Keeps the trademark and revamped logo
GE Verona- Isn't this a flavor of coffee?? It's now also a power generation and renewables company
GE Healthcare

www.thestreet.com

General Electric Unveils New Brand Names, Logo, Ahead of Historic Split

“Today marks a key milestone in GE’s plan to become three independent, laser-focused companies," said CEO Larry Culp.
www.thestreet.com www.thestreet.com

Personally, I have no feel for how any of this shakes out and won't touch any one of the three.
 
Chin Diesel said:
Well, GE is officially named its three new companies as it splits up.

GE Aerospace- Keeps the trademark and revamped logo
GE Verona- Isn't this a flavor of coffee?? It's now also a power generation and renewables company
GE Healthcare

www.thestreet.com

General Electric Unveils New Brand Names, Logo, Ahead of Historic Split

“Today marks a key milestone in GE’s plan to become three independent, laser-focused companies," said CEO Larry Culp.
www.thestreet.com www.thestreet.com

Personally, I have no feel for how any of this shakes out and won't touch any one of the three.
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Lmao, love it. I work in Gas Power, now soon to be Vernova. I’ll put in a comment that our new company name sounds like a coffee blend.

GEHC will be the first to spin off in 1Q-2Q23. Vernova will split end of 2023-early 2024. Pretty sure the meatball will be used across all 3 businesses post split.
 
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