• STYLE. COMMUNITY. GREAT CLOTHING.

    Bored of counting likes on social networks? At Styleforum, you’ll find rousing discussions that go beyond strings of emojis.

    Click Here to join Styleforum's thousands of style enthusiasts today!

Talking stocks, trading, and investing in general

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,453
Reaction score
46,088
Looking like I'll be closing out my IBM diagonal spreads this week. My shorts are 4/23 and at 135 and 136. Longs are July 125s and 120.
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,453
Reaction score
46,088
All IBM spreads closed for nice tendies. Bought more LEAPS for DR Horton cheaper than I bought my first LEAPS there. Will wait for a green day to sell a call against it.
 
Last edited:

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,453
Reaction score
46,088
Sold May 75c on ALK against my LEAP this morning.

Trying to get an entry point back into IBM but no luck. Sept 120c at 19 limit but worked itself up to bid of 23 yesterday. GTC. :(
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,453
Reaction score
46,088
Opened a diagonal debit spread on PTON. The stock was savaged about 20% in the last week due to some treadmill accidents but I think that damage is over. Two week hold, 16.5% ROC if it goes right.
 

Texasmade

Stylish Dinosaur
Joined
Apr 26, 2008
Messages
14,749
Reaction score
15,654
My CSP's on various tech stocks are doing much better after yesterday and today. Went from going to lose tendies to not lose anything now.
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,453
Reaction score
46,088
I see quite a bit of handwringing going on with projections of upwards of $200 billion of stock about to get sold prior to the new CGT hike.
 

brokencycle

Stylish Dinosaur
Moderator
Joined
Nov 21, 2008
Messages
21,136
Reaction score
17,079
People are idiots. The bill is going to apply to the entire tax year. Sell now, and you'll still get taxed.
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
74,453
Reaction score
46,088
People just care about the deficit all of a sudden, and of course, those same people are doom and gloom over any tax hike.
 

jbarwick

Distinguished Member
Joined
Nov 28, 2012
Messages
6,526
Reaction score
5,525
I see some VCs on Twitter now saying this is Trickle Up Taxation and the money will be spent on the military. If these VCs wanted a market to go after, Medicare fraud and abuse is an easy target with a big TAM. Also, if you somehow think you have clout because you are an ex-employee at a FAANG company, you are likely lacking in some area that you need that to follow you around everywhere. It's almost like you "went to a school in the NE"...
 

Texasmade

Stylish Dinosaur
Joined
Apr 26, 2008
Messages
14,749
Reaction score
15,654
I see some VCs on Twitter now saying this is Trickle Up Taxation and the money will be spent on the military. If these VCs wanted a market to go after, Medicare fraud and abuse is an easy target with a big TAM. Also, if you somehow think you have clout because you are an ex-employee at a FAANG company, you are likely lacking in some area that you need that to follow you around everywhere. It's almost like you "went to a school in the NE"...
Those VC's are stupid as shit when it comes to dealing with actual people. Also there's no way a D controlled President and Congress is going to spend more on military.
 

Styleforum is proudly sponsored by

Featured Sponsor

Summer Loafers: With or Without Socks?

  • With socks

  • No socks


Results are only viewable after voting.

Related Threads

Forum statistics

Threads
459,812
Messages
9,976,274
Members
207,763
Latest member
rbanks40
Top