Don't shoot your eye out wolf, its only the mother of all dirty words.
Printable View
Yep! I can get just as lucky as the next guy.
Link for tomorrows presentation.
http://investor.siriusxm.com/eventde...EventID=154329
whoa.... check out the mar 20th call volume
I wouldn't take either side of that bet. With this stock it could go either way.
More likely it's someone doing a buy/write on shares they purchased today in order to lower their cost basis. Actually I could see where that would make a lot of sense. On the flip side, someone else likely sees today's pullback as temporary and figures $.08 is as cheap as those calls are likely to get. Maybe so....maybe not but that's a bet I wouldn't take.
didn't check to see if it was paired so you are most likely correct in that it was written to cover an existing long position. btw, I was kidding with the "corner the market" quip. I really didn't think it was you.
I've never been able to make money on long calls nomatter what the underlying stock...in the money, out of the money, it just doesn't matter. My calls always end up worthless. To me it's kind of like fishing and I can't do that either. I can be sitting next to some guy who is hauling them in hand over fist and I'll get nary a bite....and to add insult to injury when I reel my line back in, the bait is gone! You may think I'm kidding but it happens every time! As a result, I don't fish anymore either. I don't know how you do it but kudos to you!
Thanks Faulkner for the clarification on the March $3.50 calls!
I love when people are fighting and other members ignore it and post serious SIRI information like nothing is happening around them. +1 to all of you guys. Makes me chuckle.
screw you, no screw you, how about those March calls, you're an idiot, not as dumb as you dummyhead, auto numbers look good, moron.
How many net subs adds does SIRI report in Q4.......350k...450k....500k......less,more... what do we need to move the needle on this POS. What does the street expect and what do we "need" to not be taken to the woodshed?
EDIT: Lol, Dm....that's funny:thumbup:
It should be north of 411k at least so based on that....i will say 430k, that alone wont move the needle tho. Nothing short of malone and company taking the foot off the brake and some positive announcement with one of the other players out there that have deep pockets such as a google, etc, imho.
Or a new stock swap offer of say 3.75+, which if that were to happen..stock would run to prob over 4 again before coming back down.
From todays press release on the new SiriusXm channel http://finance.yahoo.com/news/sirius...120831322.html
From Q3 press release http://investor.siriusxm.com/release...leaseID=878541Quote:
SiriusXM says it currently has more than 27 million subscribers, although it does not release information about the popularity of individual channels or shows.
Sure hope its clears 27 mn by a couple hundred k. At least we know that the # wont be under 300k....:yawn:Quote:
Strong subscriber growth. Net subscriber additions in the third quarter were 432,817, bringing total subscribers up nearly 5% to 26.7 million.
If you are trading 10k contracts at a time my friend then you truly are a Player (pronounced "playah") with a capital "P"!!! My hat is off to you cause that's WAAAAY beyond anything I'd ever attempt. After all, a man has to know his limitations!.... and my limitations don't usually include long options (sometimes to buy write or overwrite for an underlying position) and NEVER includes Fishing OR watching golf. I usually keep my positions to 100 contracts or less. I also keep them short-term for the most part because, as you mentioned earlier, writing puts/calls requires the use of margin. However, I also hedge and therefore limit the use of margin by, for example, going long puts on a lower strike price with the same expiration as my short put. You seem to be comfortable with long calls (a LOT of calls apparently) but I've decided to concentrate my efforts on the sell side. As you said, most options expire worthless, so I like to let that fact work to my advantage. Good Luck to you though and thanks for the input!
SiriusXM Exceeds 2014 Subscriber and Financial Targets; Issues 2015 Guidance
NEW YORK , Jan. 7, 2015 /PRNewswire/ -- SiriusXM today announced that it ended 2014 with 27.3 million subscribers, reporting 1.75 million net subscriber additions in the year, exceeding the company's increased guidance of 1.5 million net additions. Self-pay net additions in 2014 were 1.44 million, exceeding the company's 2014 guidance of 1.25 million and resulting in ending self-pay subscriptions of over 22.5 million.
SIRIUS XM logo.
The company also announced that it expects to exceed its 2014 guidance for revenue, adjusted EBITDA and free cash flow.
"SiriusXM performed very well in 2014, exceeding our 2014 subscriber and financial guidance, even after pushing most of these targets higher during the year. With more people than ever subscribing to satellite radio, we expect the company's strong performance to continue in 2015," said Jim Meyer , SiriusXM's Chief Executive Officer.
"Our exclusive, diverse, and expertly curated content continues to have widespread appeal. SiriusXM's automotive distribution is growing by millions of units per year, and we expect to continue our exceptional track record of growth while simultaneously investing in innovative new services for the connected vehicle," added Meyer.
The company also issued 2015 guidance for net subscriber additions, revenue, adjusted EBITDA, and free cash flow:
Net subscriber additions of approximately 1.2 million,
Revenue of approximately $4.4 billion ,
Adjusted EBITDA of approximately $1.6 billion , and
Free cash flow of approximately $1.25 billion .
SiriusXM expects to announce its complete results for the fourth quarter and full year 2014 on February 5, 2015 .