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126 contributions to Invest & Retire Community
Jan 3
in
RUT hedge
31.44% return in 5 days. When the RUT get to all time high, buy a put 6 months out. Either close out the trade with your profit target or sell a put when the stock drop even more when the premium is the same as what you paid for the original put. Then the trade cost nothing and you make more money if drops more and reduce your risk with a locked in profit.
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15
New comment 11h ago
2 likes • Apr 12
@Marc Graybush How did you pick the expiration (July) and strike?
1 like • 11h
@Marc Graybush My broker shows September, December and EOM October. September and October strikes are 10 apart, 2100, 2110, 2120, etc. December is 50. October EOM is about $8500, as you said. Since I missed during market hours I am also looking at RTY that is trading around the clock and IWM for tomorrow morning.
1 like • 2d
@Marc Graybush Thanks for sharing your moves.
1 like • 20h
@Marc Graybush Thanks for sharing every step as you make them !!! Folks, it is virtually impossible to master this without following these positions as price moves. I am sure there is SW to do a playback. I went with lower strikes than Marc so my profit was much smaller 8.05 -> 9.20, but it is still great profit considering I was in the trade only for a few days. This does remind flies, but, as Marc says, is somewhat easier to adjust cause you have two legs, not three. See how Marc is taking profit reducing his position and then add to the position to adjust for the price move. Marc, thanks again for sharing.
16d ago
in
Another PYPL
PYPL has been in an upward channel for some time. This is a good example of a stock that is easy to make money with, both holding shares and as PMI. Can someone suggest another one that looks similar on the chart? Nice and steady.
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41
New comment 1d ago
3 likes • 4d
@Sandra Van Den Ham It is impossible to say whether you did the right thing or not without knowing your plan. If you initially entered a part of your full position and planned to add on the way down then you followed your plan and did the right thing. If you bought at a lower price at a supports playing a swing up and planning to reduce cost basis trading around your code, you did the right thing. If after adding you are still within your pre-defined max loss, you did the right thing. I am really bad at fundamentals and rely on price charts to make my decisions. I have to wait unit it drops below 70.26. Maybe it never will, who knows? One thing I remember is to buy SBUX when recession is in full force and unemployment numbers are ugly. SBUX was down 79% from the high of 2006 to the low of 2008.
1 like • 1d
NEP jumped up higher than I thought it would. I am not rolling my calls up cause I expect a pullback. That said, it is nice seeing bullish sentiment. Still 3.6% premium on ATM calls.
Jan 18
in
PYPL and BMY puts
Today I sold 2 contracts for Feb 16 on PYPL 52.5, 1.0 premium and BMY 48, 0.68 premium. I like both positions at these prices and I am not worry if I get them assigned. Also, I think that this is not the correction yet and next week will move up.
5
35
New comment 4d ago
3 likes • 4d
@Rong Zhou I originally bought it for dividends. About a year ago I decided to start a dividend portfolio and allocated a portion of my retirement account for that. Sometimes I smile at myself as I imagine being a 95-year-old veggie not being able to think, read or look at a chart and collecting divi from stocks bought tens of years back. Anyway, PFE did not go anywhere since the time I bought. I did get .42 (who cares?!) divi and twice as much in premium. I am looking to add a little when it either breaks above 28.7 and the pulls back to 27.5 or drops to 26 from where it is before breaking 28.7.
3 likes • 4d
@Rong Zhou I am curios why will you sell if it gets to $30. I am NOT bullish on it today, but if it makes a higher high and a higher low I will be. I can then put a hard stop order in and trail selling a part at supply and buy it back at demand.
Jun '23
in
Prize for June is 1 share of STARBUCKS (SBUX)
Do you want to win 1 share of SBUX (worth around $100 USD)? All you need to do is to join and participate in the free Invest & Retire community! The top 10 contributors will each get 1 free share of SBUX Last month, we gave away AMZN shares and we gave away AMD and SHOP shares as well. People in the Invest & Retire community got a good gain from those discounted blue chip companies. Now, SBUX is going on a discount. It is still a bit early. My forecast in 4 weeks is that SBUX will be at a fairly good price then. Cheers, Eric Seto, CPA, CIM ------ In June, my goal is to help 20 people without a financial background to master investing Investing Accelerator is designed for people without a financial background. Here's the link to the webinar: https://bit.ly/3i9QT1V We focus on developing financial independence, where you have the ability to invest to earn a higher return. The goal is to achieve 30% return per year. In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth. In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses such as mortgage, utilities, car payments. This will help accelerate your retirement goals. If you are interested, then let's hop on a call to see if you can benefit from the strategies in Investing Accelerator and get 30% per year. During the call, we will map out exactly how you can achieve 30%, what you are lacking, how you can improve. Here’s the link to schedule a call: https://bit.ly/42jFQnJ
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New comment 4d ago
4 likes • 4d
@Flo Berg Similar here in US. Instead for $5 I am buying 340g 100% Arabica, beans or ground, and make coffee at home. That $5 lasts a week, I drink quite a bit of coffee.
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@leon-k-2154
A developing trader who is looking to exchange ideas with other developing traders and learn from those who are ahead of me in the game.
Active 5h ago
Joined Nov 5, 2023
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