Will have to sell my JUNO now. Wish I bought more with the proceeds of KITE.
The good: took advantage of yesterday’s dive on government shutdown fears to sell some Jan 26 puts - AAPL FB, NTNX, UBNT. I wanted to sell more, but I wanted to avoid companies that report earnings before Jan 26.
The bad: sold Jan 26 covered calls against Jun BA calls. I went 10% OOM and the stock got halfway there today. The only plus is my calls are far enough ITM that I won’t lose any time premium if forced to sell the Jun calls.
Just checked sCap… no more red, wow!
Did you go YOLO on small cap?
what’s the latest here? If i were to diversify some, what do you guys suggest i look into?
Very safe & effortless, any S&P index fund.
Safe & growth, any one or more of F10 (FB, AMZN, NFLX, GOOG, AAPL, NVDA, TSLA, BABA, BIDU, TCEHY).
Stocks mentioned in this thread are high risk, for aggressive investors only.
I like aggressive. I will split my options money into two groups, F10 + aggressive ones. so it’s fine.
I don’t see any charts that point to a good entry now. Most are far enough past a breakout that I wouldn’t put more money to work now. I’d wait for consolidation then the next leg higher to start. I’m just riding existing positions as long as they stay above the 10-day.
Have been selling into strength
Out of shares for UBNT, SHOP and SPLK. Only holding LEAPS calls.
Essentially, reduce exposure
You can’t earn 10x by reducing exposure. The idea of buying small caps is to hold and get a 10x return on one.
On trades, I reduce exposure by selling OOM calls every 2 weeks. I can sell several times before expiration.
Citron Research forces me to trade.
Haha, doesn’t it force you to buy at a discount once they release more “research”? I bought more UBNT and SHOP when they tanked on the “research”.
I’m hoping Andrew would strike again
Yes, Andrew gave an opportunity to but at low. Last year, I just bought some, forget it. It is 50% now .
Similarly, BA rocks with 65% even after recent dip yesterday.
I initiated calls for IRBT, BA (i already had some), and FB today.
My bigges hit last year was FB, COST (after amazon wholefoods deal), and BA.
Worst, SQ. I will buy some SQ again, but waiting for wash sale to wear off.
Broke below the long term up trend and is now testing it, good or bad?
400 shares & 2 LEAPS calls at stake
The VEEV chart doesn’t excite me in the short-term. I’m not trading it though. I’m holding it. They are still growing fast and adding new products. I think adding once it breaks above the channel is good. Then there should be some resistance at the ATH, but then it’s a clear run.
I think trading and holding for a 10x gain are very different investing styles.