All things STOCKS

#20,134
#20,134
Markets seem to be fishing for a bottom. Yesterday they opened up about 1% then deteriorated throughout the day. I guess those in fear took the gain to sell. Today is having a similar pre-market. Averages are up about 1% and I anticipate that many will use the small recovery to sell some more.

I’m not ready to start bottom fishing yet. I’m probably going to miss a huge bullish bounce at any time, but nobody always sells at the peaks and buys at the floor.
 
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#20,135
#20,135
DinkinFlicka said:
Covered calls until a meaningful rebound, it is.

Dad always taught me that it's not a loss until you panic sell.
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The no loss unless you sell concept is more applicable to stocks. Options contracts have that limited life, so you can’t really wait for a recovery if you’re long. Contracts eventually go to zero. Equities won’t as long as the company remains solvent.
 
#20,136
#20,136
Thunder Good-Oil said:
The no loss unless you sell concept is more applicable to stocks. Options contracts have that limited life, so you can’t really wait for a recovery if you’re long. Contracts eventually go to zero. Equities won’t as long as the company remains solvent.
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You're right.

However, I was assigned on some puts last week. Was referring to those.
 
#20,137
#20,137
Jax_Vol said:
Down down down deep...we all know the market is the Trumpster's # 1 priority.

Golf is 1a

Melania might be 1b

It will be back boyz...it will return!
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It’s my belief that Trump’s #1 priority is to make the lives of Americans better. Increasing employment. Protecting borders. Creating opportunities for everybody. Not being the rest of tge world’s piggy bank (he’s more of a nationalist and the globalists hate it).

He doesn’t stop being a capitalist just because he’s serving as POTUS. Congress people don’t give up their law licenses or sell their firms (and farms) after they’re elected.

I’m glad that he has golf as a hobby and a hot wife. It’s good for him to get out and hit a few shots on the courses. He’s never not connected and surrounded by staff so I don’t see any issue with him not sitting behind the Oval Office desk hours on end.
 
#20,138
#20,138
DinkinFlicka said:
You're right.

However, I was assigned on some puts last week. Was referring to those.
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Yes. Those positions do have an element available of waiting it out. Just with a different security. I’m doing that sitting on AVAV shares ATM.

AVAV isn’t very well liked by the analysts right now. But their balance sheet isn’t a mess and as far as defense goes it seems like they have a sound business model. LASER systems with a very efficient cost per “shot” to bring down hostile missiles. But AVAV and KTOS are very small relative to the LMTs, General Dynamics, , RTXs, etc. The giants could create issues for those $15B +/- market cap competitors.
 
#20,139
#20,139
Thunder Good-Oil said:
Yes. Those positions do have an element available of waiting it out. Just with a different security. I’m doing that sitting on AVAV shares ATM.

AVAV isn’t very well liked by the analysts right now. But their balance sheet isn’t a mess and as far as defense goes it seems like they have a sound business model. LASER systems with a very efficient cost per “shot” to bring down hostile missiles. But AVAV and KTOS are very small relative to the LMTs, General Dynamics, , RTXs, etc. The giants could create issues for those $15B +/- market cap competitors.
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Typically I just write CCs at my original assignment and wheel it. Usually pays higher than CSPs in terms of premium. Though, I got greedy with SOFI and put my CC strike 50 cents above my assignment.

I like ONDS and SOFI at this range. I think they could feasibly go down to 7 and 13 respectively, but ONDS is inherently poised for volatile price action and SOFI has done this dance multiple times before.

Precisely why I typically chase CSP premiums on stocks I believe in. This approach has a high success rate for me, with SOUN being my lone bag to hold. Fortunately, that position isn't terribly significant. And makes up about 3% of my portfolio.
 
#20,140
#20,140
I’ve tried doing the wheel a little bit, but I’ve hadn’t been too attracted to the prices selling the calls. But with the correction they’re looking better. 1-3 weeks to expiration is my playground.

ONDS might have fallen below the recent trading range yesterday. I’m waiting a little before selling another round of PUTS on ONDS. I’ve kept trading ONDS at very small amounts. $10 stocks (or less) are $10 stocks for a reason.

I did a round trip or two with RH, but was fortunate to be uninvested when that stock crashed. I might take another swing on it soon, but the impact of tariffs on the industry concerns me. I haven’t dug into their filings to see how much they’re impacted.
 
#20,141
#20,141
Thunder Good-Oil said:
I’ve tried doing the wheel a little bit, but I’ve hadn’t been too attracted to the prices selling the calls. But with the correction they’re looking better. 1-3 weeks to expiration is my playground.

ONDS might have fallen below the recent trading range yesterday. I’m waiting a little before selling another round of PUTS on ONDS. I’ve kept trading ONDS at very small amounts. $10 stocks (or less) are $10 stocks for a reason.

I did a round trip or two with RH, but was fortunate to be uninvested when that stock crashed. I might take another swing on it soon, but the impact of tariffs on the industry concerns me. I haven’t dug into their filings to see how much they’re impacted.
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I think a lot of stocks fell below range in the past week, to be fair.
 
#20,142
#20,142
I almost exclusively use covered call selling as an alternative to entering sell limit orders. ONDS being an exception. I’m just playing a little poker with the volatility.

I have some shares acquired by put assignments that I’ll attempt to unload, but not until after some more recovery. I might ditch some CRWV shares, but wish it would recover 10-15% first. I’m skeptical of their business. But shares are WAY off of their highs. Even so, I’m not on board with CRWV as a long term hold like I am with NVDA.

I’ve had my eye on UBER for a while. They’re in some good businesses IMO, but not necessarily a great near term value. 10-20 years out though they look great to me.
 
#20,143
#20,143
DinkinFlicka said:
I think a lot of stocks fell below range in the past week, to be fair.
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The strong balance sheet, well capitalized companies will be fine. The small caps and smaller mid caps are vulnerable with the huge cost of capital that they’re facing.

I have several of the VC/PE/hedge fund types of stocks that are getting hammered. But they ought to cycle up strong once the bankruptcies ramp up. I think the private lending narrative has punished them way too harshly. Apollo, KKR, BX, maybe even BLK. But B’rock is more asset management.
 
#20,146
#20,146
Vol737 said:
We’ll see. Siap

finance.yahoo.com

Stock market today: Dow surges 900 points, S&P 500 and Nasdaq soar after Iranian leader signals openness to negotiations

Stocks turned sharply higher on Tuesday afternoon as investors became hopeful that an end to the war be may coming closer while a volatile month and quarter for stocks draws to a close.
finance.yahoo.com finance.yahoo.com
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I thought it was interesting that POTUS was including Iran having to reimburse us with oil. I have a feeling that that was included in order to give Iran a deal point to win and it’ll never happen.

Just getting them to stop their violence, including killing their own people, and making them give up their weapons and uranium doesn’t seem to me to be an unreasonable demand. Iran could thrive if they’d embrace peace and human rights.

It’s way over my pay grade to understand it all. But why haven’t they been able to get along? They were a very progressive, wealthy country before the religious nuts took control.
 
#20,147
#20,147
Thunder Good-Oil said:
I thought it was interesting that POTUS was including Iran having to reimburse us with oil. I have a feeling that that was included in order to give Iran a deal point to win and it’ll never happen.

Just getting them to stop their violence, including killing their own people, and making them give up their weapons and uranium doesn’t seem to me to be an unreasonable demand. Iran could thrive if they’d embrace peace and human rights.

It’s way over my pay grade to understand it all. But why haven’t they been able to get along? They were a very progressive, wealthy country before the religious nuts took control.
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Well they overthrew the Shah to usher in the theocracy because the Shah was viewed as being extremely corrupt, a brutal dictator who ruled by violence, and too influenced by Western powers. They certainly got a government that isn't influenced by Western powers, but the ayatollahs certainly still do the first two. And we ended up with an Iranian government that hated the West because the previous government they had was one that we installed.
 
#20,148
#20,148
Major Artemis II Contractors and Roles:

Lockheed Martin: Prime contractor for the Orion crew capsule and launch abort system.

Boeing: Responsible for the SLS rocket core stage, including fuel tanks and avionics.

Northrop Grumman: Manufactures the solid rocket boosters providing 75% of launch thrust.

Airbus: Leads the European Service Module (ESM) team, providing propulsion, power, and life support via the European Space Agency (ESA).

Aerojet Rocketdyne (an L3Harris Technologies company): Supplies RS-25 engines for the SLS core stage.

L3Harris Technologies: Manufactures propulsion systems and the emergency detection system.

Amentum: Prime contractor for Exploration Ground Systems (formerly part of AECOM).

United Launch Alliance (ULA): Provided the Interim Cryogenic Propulsion Stage (ICPS).

Suppliers and Components:

Frontier Electronic Systems: Built critical hardware, including hand controllers and switch panels for the Orion capsule.

BAE Systems: Developed the phased array antenna for communications.

Precision Tube Bending & VACCO Industries: Supplied specialized tubing and valves for the SLS.
 
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