Page 7 of 54 ... 5678917 ...
Results 61 to 70 of 531
  1. user34615145 is offline
    Addict
    user34615145's Avatar
    Joined: Dec 2014 Posts: 668
    11-03-2015, 07:43 PM #61
    Quote Originally Posted by user34615145 View Post
    As you may recall, I sold puts on NFLX prior to their last earning release. Stock was trading at $114 or so and I sold the $100 puts for $2.35 or so...they missed on earnings and the stock tumbled and I ended up getting put those shares.
    the next week I sold the Nov20 $100 covered calls against those shares for $5 and I also sold the Oct31 $93.50 Put for another $2.10 or so. Those $93.50 puts expired worthless on Friday so I pocket that premium and this morning I sold the Nov20 $100 puts for another $2. One or the other is going to execute, but not both. Either way I keep the premiums.

    Also, in a similar vein, I'm playing the HLF earnings call - they announce Q3 numbers after the close today. As you probably know, they've been in a bit of a pissing match with Bill Ackman, who shorted them to oblivion 18 months ago.
    Anyway, late last week they put out a bit, talking smack about Ackman's latest venture into Valeant Pharma....I figure (maybe I'm wrong - wouldn't be the first time ) that they wouldn't be talking smack if their own numbers sucked, so I think they will do well - at least in the short term. So......
    I sold Nov 6 (this Friday) $52.50 Puts for $2. If I get put the stock, I'll sell the covered calls like I did with NFLX.
    Looks like HLF met and slightly exceeded the official expectations on Revenue, Earnings, AND guidance....now we'll see how the mkt reacts tomorrow. After the numbers were released around 4:30 the stock traded down in AH....at one point down over $2 from the close. Apparently no one told the company they needed to beat the "whisper" number too!

    At any rate, I still think my $52.50 short puts are a good way to play this. If the sp for HLF stabilizes around $55 tomorrow I should be able to buy them back for half of what I sold them for.....but I may just let them ride. Stay Tuned!

  2. waldo29 is offline
    Enthusiast
    waldo29's Avatar
    Joined: Dec 2012 Posts: 197
    11-03-2015, 07:46 PM #62
    Quote Originally Posted by user34615145 View Post
    Looks like HLF met and slightly exceeded the official expectations on Revenue, Earnings, AND guidance....now we'll see how the mkt reacts tomorrow. After the numbers were released around 4:30 the stock traded down in AH....at one point down over $2 from the close. Apparently no one told the company they needed to beat the "whisper" number too!

    At any rate, I still think my $52.50 short puts are a good way to play this. If the sp for HLF stabilizes around $55 tomorrow I should be able to buy them back for half of what I sold them for.....but I may just let them ride. Stay Tuned!
    I think you'll be fine. Good play.

  3. dm_4 is offline
    Guru
    dm_4's Avatar
    Joined: Dec 2012 Location: Boston, Ma Posts: 2,863
    11-03-2015, 08:03 PM #63
    Quote Originally Posted by waldo29 View Post
    DM, check your numbers at a different source. LOD seems to be a bit off. Although your range is correct.
    5 day chart on TD showing me its bounced 4.08 area 3 or 4 times. I never really said anything about a range. Just stated what today's trading range was. Are you showing something different?
    Last edited by dm_4; 11-03-2015 at 08:05 PM.

  4. dm_4 is offline
    Guru
    dm_4's Avatar
    Joined: Dec 2012 Location: Boston, Ma Posts: 2,863
    11-03-2015, 08:10 PM #64
    Quote Originally Posted by dm_4 View Post
    5 day chart on TD showing me its bounced 4.08 area 3 or 4 times. I never really said anything about a range. Just stated what today's trading range was. Are you showing something different?
    EDIT: haha...i think i see what your saying waldo....low of day 4.11. I guess i was delirious from making bank today. Leave it to you to burst my bubble!


    I had to go back and delete my greatness post guess we will save it for another day.
    Last edited by dm_4; 11-03-2015 at 08:18 PM.

  5. waldo29 is offline
    Enthusiast
    waldo29's Avatar
    Joined: Dec 2012 Posts: 197
    11-03-2015, 08:17 PM #65
    Quote Originally Posted by dm_4 View Post
    5 day chart on TD showing me its bounced 4.08 area 3 or 4 times. I never really said anything about a range. Just stated what today's trading range was. Are you showing something different?
    Yeah, 4.08 is the S1 number. Just today's range, check the high/low elsewhere. Yahoo seems a bit off for some reason. Have the same @ both my trading accounts. Probably just bad data.

    http://www.nasdaq.com/symbol/siri
    http://www.bloomberg.com/quote/SIRI:US
    http://www.marketwatch.com/investing/stock/siri
    http://www.fool.com/quote/nasdaq/sirius-xm-radio/siri

  6. dm_4 is offline
    Guru
    dm_4's Avatar
    Joined: Dec 2012 Location: Boston, Ma Posts: 2,863
    11-03-2015, 08:24 PM #66
    Quote Originally Posted by waldo29 View Post
    Yeah, 4.08 is the S1 number. Just today's range, check the high/low elsewhere. Yahoo seems a bit off for some reason. Have the same @ both my trading accounts. Probably just bad data.

    http://www.nasdaq.com/symbol/siri
    http://www.bloomberg.com/quote/SIRI:US
    http://www.marketwatch.com/investing/stock/siri
    http://www.fool.com/quote/nasdaq/sirius-xm-radio/siri
    weird...yeah swear i saw 4.08 at one point. Interesting.

    EDIT:

    here is where i saw it:

    siri.PNG
    Last edited by dm_4; 11-03-2015 at 08:30 PM.

  7. dm_4 is offline
    Guru
    dm_4's Avatar
    Joined: Dec 2012 Location: Boston, Ma Posts: 2,863
    11-04-2015, 08:41 AM #67
    Lets make some bank bitches!

  8. dm_4 is offline
    Guru
    dm_4's Avatar
    Joined: Dec 2012 Location: Boston, Ma Posts: 2,863
    11-04-2015, 08:50 AM #68
    Quote Originally Posted by midas360 View Post
    Good morning. Mel Karmazin will be on CNBC this morning and he's saying "I've pulled MY MONEY out of stocks." That includes Sirius XM.

    http://www.cnbc.com/2015/11/04/mel-k...of-stocks.html

    "I own no shares of CBS. I own no media stock. I don't own Sirius stock. I don't any shares," Karmazin said. "It has nothing to do with whether the stocks are good or bad. I'm not invested in the stock market anymore."
    screw Mel....on to the next trade!

  9. dm_4 is offline
    Guru
    dm_4's Avatar
    Joined: Dec 2012 Location: Boston, Ma Posts: 2,863
    11-04-2015, 09:37 AM #69
    Quote Originally Posted by midas360 View Post
    For those of you looking to make "bank," please don't use Yahoo Finanacial for your information. It's unreliable... carry on.

    Btw, you are welcome. I am always glad to correct your errors even if I do it with my alias "Waldo29." Have a nice day!
    But "Hank the golfer" uses it!

    By the way DOUGH BOY....what did you do with Hank?....I do not see him around any longer. Hope I did not scare him off. LMAO!

  10. dm_4 is offline
    Guru
    dm_4's Avatar
    Joined: Dec 2012 Location: Boston, Ma Posts: 2,863
    11-04-2015, 09:50 AM #70
    Its easy to come on here and say you made "Bank". Just so no one thinks im full of chit...here is a small snippet of my trades last few days to prove i made "Bank".


    BANK.PNG

    And just for the record...I bought 6k shares of SIEN at 3.91. Cashed out 3k right before close at 4.28 for +1100 profit....still holding 3k of it.
    Last edited by dm_4; 11-04-2015 at 09:56 AM.

Page 7 of 54 ... 5678917 ...