Stock market.... What are you doing?

[churchmouse]

Sorry about the mess fellas. The old thread is still there for reference but it was scrambled eggs.
Lets try this one OK....

 

[hoosierdoc]

Continuing the options game. I made some random buys of stock to sell calls on and lost on the underlying stock but made money on the option. I could have kept collecting premium to fight back to positive but decided to bail on SURF, KODK, MVIS, VXRT, FUBO.

I have a play Monday I'm excited about. RIOT blockchain is also interesting. sold some naked puts on this.

 

[Expat]

Well, I am starting to get antsy... if the Dems get the Senate, I could see a market correction if not a bear market, but I don't want to pull out if the market is just going to continue to ignore fundamental problems in the economy... I am about 5 years from retirement, so I really would hate to lose money...

 

[gregkl]

I bought some Royal Caribbean when it tanked earlier last year. Sold it a couple weeks ago and doubled my money. I have never done that before. Most of my stock deals net me little gains and I have lost before.

I would like to reinvest the earnings but not sure what to look at next. My son says I should buy gambling stocks and/or cannabis. Both industries could be on the cusp of exploding, but I'm old so I need to be smart. I'd rather make little gains with less risk than bet on emerging segments.

I wish I would have bought Tesla, lol.

 

[foszoe]

I bought some Royal Caribbean when it tanked earlier last year. Sold it a couple weeks ago and doubled my money. I have never done that before. Most of my stock deals net me little gains and I have lost before.

I would like to reinvest the earnings but not sure what to look at next. My son says I should buy gambling stocks and/or cannabis. Both industries could be on the cusp of exploding, but I'm old so I need to be smart. I'd rather make little gains with less risk than bet on emerging segments.

I wish I would have bought Tesla, lol.

Renewable energy

 

[doddg]

Since I'm retired I put my small "pile" of $$ that teachers have in a retirement account now invested in a fund that does not lose any of your investment & will even gain some if the Mutual Fund investments gain.
I was looking for no growth this year but to my surprise it gained about 6%.
I have a couple of other smaller "piles" investments, but I didn't even look at those since they are conservative but could lose as the Mutual Fund fluctuates.
I had taken out $$ before the CV for our Italy trip in April that got cancelled, so I didn't have to sell shares at a loss, at least.

 

[Clark & Addison]

I'm too boring of an investor compared to most of you, but I did set our accounts to rebalance to our desired asset allocation per our IPS for this Monday.

 

[CHCRandy]

I am getting a little gun shy of the market to be honest. I will probably ease my true investments out soon and just buy calls and sell naked puts on them. Maybe buy some UVXY just in case market crashes, or sell naked puts on it and buy calls using the naked put premium.

I plan to sell some more CALA naked puts this week, and hope it holds $4 for 10 days. Above $5 and it basically pays 20%+ for 10 days of risk. I hope it runs and I don't get stuck with the shares, but if I do I will just wheel them and sell covered calls.

NRZ will have a huge pop soon, like a 30%+ pop. Just don't know when it will happen, worse case 1st week of February I think when ER comes out. I have a bunch of cheap Jan $11 calls on it at nickle each and will probably add Feb calls this week.

Other than that I will be a scalping machine. I really like stocks the best that I own less than 15 minutes, 30 tops, lol.

 

[hoosierdoc]

I will be buying CALA Monday and selling calls and puts also. what an amazing premium return right now.

 

[HHollow]

Buy and hold equities. Gently rebalance once per year.

 

[CHCRandy]

I will be buying CALA Monday and selling calls and puts also. what an amazing premium return right now.

Yeah, did you do any research on them? I will do it tonight or tomorrow. Think I am gonna go big on this one unless I find something negative. The chart is nice, hasnt moved much overall last few years. Just kind of keeps a channel between $3.50-$7. I am probably gonna change that channel knowing my luck. But honestly if I get put shares @ $3.80...I don't care. I would almost consider them a gift and then could sell covered calls.

Edit: Doc, I see now why premiums so high. They have a Phase 3 trial that they will be announcing results for in early 1st qtr 2021.

 

[hoosierdoc]

I know nothing about it but like you said little downside risk given the 5 year chart. sitting nice in Bollinger bands and at 20-day avg right now. I was going to hold some cash as a buffer in case something bad happens in Georgia senate but this is so tempting

 

[hoosierdoc]

MVIS is also tempting. I sold my shares because I dropped $300 on their long position, not factoring in that I made $600 on the options. It's trading for $5.38 now, and the $5.5 Jan 15 call is selling for $0.75. That's a 28% monthly return. I still own 100 shares. I have a Jan 15 $8 call I sold for $1.20 and I hope to close it for $0.25 Monday, and then I'll resell a $6 Jan 15 call for $0.63.

 

[CHCRandy]

Doc, I sent you a pm. CALA updated website and scheduled a conference update for tomorrow morning at 8:30am EST. My guess is they are going to drop good news. It will either be good news on this Ph 3 trial, or news on a lawsuit settlement with INCY, where CALA sued them in Sept. Good luck and let's see how this works out. News will be by 8:30 and we can't move options until 9:30....may change the way this plays out.

 

[Magyars]

Getting prepared to cash out some stock and pick up some gold/silver

 

[hoosierdoc]

Doc, I sent you a pm. CALA updated website and scheduled a conference update for tomorrow morning at 8:30am EST. My guess is they are going to drop good news. It will either be good news on this Ph 3 trial, or news on a lawsuit settlement with INCY, where CALA sued them in Sept. Good luck and let's see how this works out. News will be by 8:30 and we can't move options until 9:30....may change the way this plays out.

but I can buy shares long
put them in for extended hours trading

 

[hoosierdoc]

what in the actual.... I get in CALA at 5.30 premarket, it was up $0.35 at 7am, then drops 43% at 7:03

best laid plans...

buy the rumor and sell the news?

 

[CHCRandy]

Yeah, I hate this. I didn't buy shares yet, but I am gonna get some put to me.

 

[Libertarian01]

I am going to look into modifying my 403B from all high growth mutual funds and starting to purchase some specific stock companies that pay dividends. That way in the future I'll have some sort of additional income, hopefully, without much effort.

I am specifically looking at Iron Mountain. They pay no taxes because the way they are incorporated they must distribute 90% of their profits back to investors every year. This put them at about an 8% dividend recently or projected (I forget which.)

Regards,

Doug

 

[BroodXI]

i cashed in in CHEK 2 days ago.