Grabbed 250 Jan 3's at .60. I figure we get mid to high 3.60's here will exit then. All this Ukraine talk ... stupid.
Printable View
Grabbed 250 Jan 3's at .60. I figure we get mid to high 3.60's here will exit then. All this Ukraine talk ... stupid.
Added 45 more at .59. Done. Outta here :P
Oooops:explode:
Quote:
News for 'SIRI' - (DJ SUBSCRIBERS: Please Disregard Point72 Headlines Published Thursday From 3:34 p.m. to 3:42 p.m. EDT)
SUBSCRIBERS: Please Disregard Point72 Headlines Published Thursday From 3:34 p.m. to 3:42 p.m. EDT
*Point72 Asset Management Eliminates Stake in Home Depot
*Point72 Asset Management Eliminates Stake in Sirius, Zynga
*Point72 Asset Management Eliminates Stake in Yahoo, Blackberry
Point72 maintained stakes as of June 30 in each of the companies mentioned with the exception of Blackberry. An article with the correct information was published at 5 p.m. on Friday.
(MORE TO FOLLOW) Dow Jones Newswires
August 15, 2014 17:04 ET (21:04 GMT)
Copyright (c) 2014 Dow Jones & Company, Inc.- - 05 04 PM EDT 08-15-14
Looks like frear just cashed out a bunch load no?
http://investor.sirius.com/secfiling...546&CIK=908937
Looks like about 1.5 mn, DM...not a lot. Just a couple years back Mel was selling 30 + mn per Q
EDIT: If he would have sold them 3 weeks before Q2 results that would have not looked real good.
SIRI gets $2685588 for them. Often people forget that the company receives the strike price.
denco... poops is right :poop:Quote:
Originally Posted by denco1
Are there any consequences for that SHIT?? F@ck'n NO! Only to the headline watchers... poignant pause....
Ah, serves them right! :money: :cool:
First time I held an option to expiration. Didn't realize I would have all those share siting in my account over the weekend. Will be selling Monday morning. So guys with over 9,400 options that expired in the money on Friday's close: does that mean 9,400,000+ shares automatically transferred into the accounts of people like myself who held to expiration?
I placed an order to sell on the open. Good or bad idea? ie to make my $0.05 per share. I learned a lesson to sell late in the day on options expirations to avoid suddenly holding all these unexpected shares.
Ummm... you better call your brokerage immediately unless you have cash or margin to cover the exercise. Some may be refused. Not sure how many of them you had? At first I read this as you had 9,400 of them until I thought about it :P
I had ~3000 of those 9400 and closed them out by exercising 2500 and selling into the market, and selling out the other 500 at bid price on the stock (which was coupled with a $3.56 trade at the time so I assume someone bought them and exercised vs. paying ask).
Faulkner_SA see a PM to you.
it was your ideas that caused me to buy the 140 options that I owned.
I did go over margin and got a call just before I posted; explained what I thought would happen and was informed of my mistaken thoughts. I told them to sell 14,000 shares first thing Monday morning.
Those of you who visit this weekend - what are your thoughts about selling at the open. Just need to sell a fraction of the shares if I want margin but I don't want any margin. I like to close it out by the end of the day since I'll be charged margin interest for it through Monday close because I messed up on Friday.
1 option contract = 100 shares
9400 contracts x 100 shares = 940,000 shares.
That is if I am reading your question correctly. :)
@brian65PLS
If you are interested in KEEPING the shares until you can come up with the cash to eliminate the margin loan, I think (I THINK) margin interest offsets capital gains- from a tax perspective. I only mention this as it makes "paying" the margin interest more palatable. Check with Steiny or your tax professional before acting. I am NOT a tax professional (nor did I sleep at a Holiday Inn last night) so my advice is not to be relied on as pure fact.
:annoyed::annoyed::annoyed::annoyed:.......
+100!!!!!!!!!!!!!!!!!Quote:
Originally Posted by Wolf Child
everything turned out fine. Shares sold at 56 cents rather than Friday's close of 55 cents. Made hundreds and learned a valuable lesson.
If someone were to offer me a bet whether or not SIRI would break up tomorrow I would wager yes.
Because : yes.
Done staring at the charts.
Golden cross on LMCA today:popcorn:
Golden cross about 4 trading days away for SIRI if we can hold in the 3.50s
volume sux today
SF i hope no one made you that offer.
I dunno man it's up $0.005 ! Forgot about the stupid Fed minutes today. Locking everything.
I will say the longer it drags on low volume sideways at highs like this the more I like it. Just pulls all those averages up.
20 day breaches 200 tomorrow. 50 shortly after.
The whole thing is setting up for a 1, 2, 3, 4... and on and on punch.
Still feel like we need to see a debt issuance announcement to indicate the third $2 bil is locked in and ready to go.