The trade on the "street" is buying shares of Sirius XM and Selling December $3 Covered Calls against them for a quick buck.
Quote:
Originally Posted by denco1
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The trade on the "street" is buying shares of Sirius XM and Selling December $3 Covered Calls against them for a quick buck.
Quote:
Originally Posted by denco1
Don't know much about options.....so just try to keep it simple, buy low and sell high.Quote:
Originally Posted by midas360
Been hearing stuff about triple witching and some possible volatility.
One concern is this recent rise in the stock price and news was not priced into these options. I would suspect that Sirius XM will trade erratically on Friday. Monday, will be back to normal unless FCC news hits or Liberty says something.
Quote:
Originally Posted by denco1
Pandora jumped 50 cents in the past two trading days and seems to be holding.
I'll looked through the news for Pandora and didn't find anything to explain it.
Anyone have thoughts/knowledge?
The first day trading without Mel, seems weird.Quote:
Originally Posted by denco1
$1,300,000 salary, isn't that what Mel made per week?:money:
http://files.shareholder.com/downloa...13-12-6625.pdf
Quote:
Originally Posted by denco1
Today is a good day in my eyes... Yes, Mel did get us up from .05 a share and kept us from BK, but he is the one that caused the price drop and even put BK on the table. Not to mention giving away 40% of the company. Good riddance
It is but good at the same time to get it behind us and move on.Quote:
Originally Posted by sxminvestor
I'm no expert but I read somewhere that the reduction of the royalty rate won by SIRI could benefit P. That could be a reason for the jump.Quote:
Originally Posted by brian65PLS
Totally agree. I wasn't a Mel fan whatsoever.Quote:
Originally Posted by Bravo863
Hey Denco... how about those Cowboys? LOL