Thanks DM! Still unrealized gain at this point. Holding like true holiday bag holder.
Quote:
Originally Posted by dm_4
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Thanks DM! Still unrealized gain at this point. Holding like true holiday bag holder.
Quote:
Originally Posted by dm_4
Contentment
Dear Glorious Father, I pray that I will stay focused on you today. I pray that You will constantly remind me to be content in all of my circumstances. I pray that You will fill me up that I may be joyful all day, even if stress creeps in. I know that through my contentment, You will be glorified. I want to honor You, Father, in all that I do. I praise Your Holy Name! Amen
Haven't seen them in awhile. Could be working, spending time with family ahead of the holiday, maybe in another chat room or forum? They've been quiet. Maybe they sold their SIRI shares and moved on? I dunno DM.
Quote:
Originally Posted by dm_4
Apple trade still moving along... Do I sell or Do I go...
Attachment 1616
EDIT: SOLD! out at 118.48 ... may try again but I am now adjusting my strategy to shorting the indices. Tomorrow is OpEx and I don't expect Black Friday to be a hit nor do I think Cyber Monday will be either and the focus moves toward the fed. Good Luck All!
never hurts to pay yourself. I just sold another 14000 share lot at 4.13 today. :)Quote:
Originally Posted by midas360
What's up dudes. Still long SIRI and lurking but busy with other stuff so can't post as much. Nice trades guys!!
In..out...maybe back in to close the day?
Attachment 1617
EDIT: Damn, look at those BBs....bigger move coming soon....up or down:popcorn:
holy shit... nice job man! kicking myself for not holding Apple to 119 but it looked like it was backing off. Again, nice job! Those stocks with a low price and you've got the powder to buy large blocks. Boom!
I went short the indices across the board. Something tells me op ex and next week will be "weaker" than usual because of the holiday and short trading week.
Heading out to get our turkey. Going to start brining tonight until Thursday :) DEEP FRY BABY!
Quote:
Originally Posted by dm_4
Well here's the latest on this trade, which has been going on since just before their earnings back in the middle of October;Quote:
Originally Posted by user34615145
The stock has now recovered from it's selloff post earnings and is hitting new highs daily. Currently trading at $121.49 as I type this. So it's a virtual certainty that the $100 covered calls that I wrote for $5 back on the Monday after earnings are going to get exercised. Likewise the Nov20 $100 puts I sold for $2 will expire worthless.
So all in, I received $2.35 for my original $100 puts...got put the stock and sold the $100 covered calls for $5, then sold the oct31 $93.50 puts for $2.10 which expired worthless and then sold the nov20 $100 puts which will also expire worthless. All in I've collected $11.45 in premiums since I originally took a position a month ago. Since that time the stock has gone from $114 to $97 and back now to 121.49.....a long way to go for a net gain of $7.50 or so....but still a nice 6.5% return for the month if I would have simply taken a long position from the start.
In the same time period I've made $11.45/share, or about 10%, going long and short. Not too shabby.
Could I have done better? Of course with the benefit of hind sight, I could have/should have let my long position marinate and sold the $120 covered calls a week ago and I'd be up 25% plus, but back when I sold those calls, I just wanted to see some kind gain - 5% or so would have made happy - So the $5 premium made sense for me while reducing my cost basis if the stock pulled back even more. All in all I'm pretty happy with the way this has played out.
I just want to wish everyone a Safe and Happy Thanksgiving.
Thank you God for giving me another day, another chance to become a better individual, another chance to give and experience love. Thank you God for giving me health, for the food you provide, for the awareness you have awaken in me...Thank you for the energy that feeds my soul, the sun that warms our bodies and the air that fills our lungs... Because of you I believe in the good without the bad and the ugly, because of you I am learning to love and accept myself, because of you I believe in believing. My source, stay connected to me today and always, for I need you in order to fullfil my spiritual tasks...God, show me how to love myself, to be able to love others. Help me become the type of person that I would like to befriend, help me forgive myself and forgive others... God, make me a channel of your energy and help me understand. I thank you God for giving me another day, another unused opportunity to do it right. Keep us all close to you and listen to our prayers. Amen.
Well, there's three more trading days til Thanksgiving break, but since we're getting all touchy feely, here's my contribution to the cause.Quote:
Originally Posted by midas360
Lord help me learn to know the the things I cannot control;
the discipline to control the things I can; and the knowledge to know the difference.
Help me take one trade at a time;
Enjoy one winner at a time;
Accept that averaging down is just the reality of trading;
Take small losses and big wins,
Trade the market as it is, not as it should be;
And be profitable in my trading, and supremely happy with my capital appreciation.
In the name of the NASDAQ, the NYSE and THE CBOE,
Amen.
Crazy World
It’s funny how
The universities are still in business
Of producing graduates
That speak funny English
And hardly make invention
And the stock market falls
Down street tumbles
That lets people buy
And make profit
Like grandpa used to say,
True intellectualism died
In the year 1929
With the rise in acumen inflation
It was then that
This Federal Reserve of Ignorance
The true villain of this quandary
Traces its genesis
Hope that explains succinct
This universal impotence
LMCA discount to NAV widening again. Maybe the "street" is telling MaloneCo to stop disrespecting the CASH COW.....to treat "the Meat" properly....use a lubricant and stop trying to "dry rub" a premium out of The Dog. He ( Maffei) makes claims of a "personal insult" because of the NAV discount. What about the 50 to 61% freebie with the buy backs. MaloneCo needs to stop FKG with "The Meat" and finalize the building of the Juicy Burger.
EDIT: ie.....Liberty ain't SH!t without The Dogs Meat
After the discussion we had on this board I decided to subscribe to Hulu, as I believe it will destroy Netflix over the next 5 years due to availability of major media content. Posting doesn't just help investing......
And Disney is right back to where I thought it would go after the August drop. That was an easy one to read. Star Wars will be the largest grossing movie worldwide of all time.
Brandon - I expect the NAV discount to disappear within 3 months. I totally agree with Malone's move, and I think it is very positive for Sirius long term as well as Liberty.Quote:
Originally Posted by denco1
Hopefully, Hand-Solo:) but to this point it's all been a smoke screen by MaloneCo. Like I said. Want the Dis to NAV to disappear. Treat The Meat properly, Béarnaise wit follow and juicy burger will be complete.........Béarnaise a bonus for properly caring for the jewel......I'm hungry:popcorn:
Article on Howard Stern...
Opinion: Here’s how you can profit off Howard Stern
http://www.marketwatch.com/story/her...ern-2015-11-20
3 month chart of Disney after the August drop
https://www.google.com/finance?chdnp...CAOc_Fe_mjv6gM
Man did the market provide an opportunity in August. What a ridiculous drop that was. Right back to 15 times EV/EBITDA. Almost like a rubber band.
Prediction - Next TV comedy hit - NBC's Superstore, from the creators of The Office. Hilarious!
https://www.youtube.com/watch?v=LdjxwSrPKgQ
There will be more opportunities.
Quote:
Originally Posted by MUSCLE13