STOCK MARKET: Let's talk stocks and investing

after one day, already have to morph these JPM plays

the front leg of the CALL Calendar spread is already in the $, roll it to to a higher strike call, 2 mos out, netted 5 cents premium.

• btc july 2020 95 CALL
• sto sep 2020 100 CALL

​

it has been morphed into a vertical call spread

sold another July bullish put spread, netted 95 cents

• bto july 90 CALL
• sto july 95 call

​

this additional $1.00 premium collected lowers the cost of the Jan 2022 95 CALL to $5.75;
meanwhile, its value has been increased from $11,90 to $13.25​

 

Damn $$$, hahaha. Nice one

 

Yay?

Boeing resumes production of beleaguered 737 Max planes

https://www.cnbc.com/2020/05/27/boeing-resumes-production-of-beleaguered-737-max.html

 

a good set up for short

 

CRM's earnings call will be tomorrow, after market close

​

the straddle price indicates a move of 5% either direction, within the range from 168.2 to 184.6
the most active 5-29-2020 option is the 180 strike call;
at the 180 strike, trades for CALL have been ~ 5 times more active than PUT

 

Normally, I would agree with you, but in this market, who knows. We have cruise line stocks skyrocketing when nobody's taking cruises.

 

This will be an interesting earnings call, especially the price action afterwards no matter the news, since there seems to be a sector shift away from tech and into value/garbage the last few days. I'm still down with this stock long-term, though.

 

I get the feeling my TWTR gonna get jacked again ...

Trump will sign an executive order on social media companies: White House spokeswoman

https://www.reuters.com/article/us-...mpanies-white-house-spokeswoman-idUSKBN2333BT

 

Yeah, I slid into FB @222 today.

Not sure what tomorrow holds now.

 

in view of the options action in CRM, think it's gonna follow SPLK price action around earning announcement

SPLK had a nice gain on the day of the ERS, followed by a nice pop during after-hr trading
as the earning call was going on. on the day after, there was a huge pop, like ~~~$20

the fact that CRM was down 5+ pt in the AM, and it managed to eek out an 0.08 gain for the day, on avg volume,
bodes well for tomorrow​

 

TSE, not Toronto Stock Exchange but, Trinseo, the mfg/mkt of synthetic rubber, latex, anyone ?

​

it has formed a solid base, and has broken the down trend that was started in Nov. the parabolic SAR confirms that the trend has been reversed.
after a 4-day run up, breaking the 6-mo trend line, it is meeting resistance at the 100 DMA ~ 23.
should it break thru this resistance level, then it;s the 31% re-tracement at ~26.6



meanwhile trading for CRM appears to be like SPLK on the day of the earnings call

​

 

CRM calls printing. Sold about half for profit, will probably hold the rest through earnings unless it jumps hard EOD. Thank you @adoo !

 

should that happen, for my CRM 170 CALLs that im holding,

i will set sell order for at least 10 pts above today's closing price;
recall that SPLK had popped ~ 20 pts on the day after ERS.

there is a good chance that my order will be executed, no muss no fuss, before i wake up tomorrow AM​

 

Trump announced a press conference tomorrow regarding China ... market tanked ... get ready ...

 

Yeah, that was great...

 

Been skeptical of DIS as it has jumped like crazy. However, now that it’s taking a breather, and with the possibility of NBA happening, I might take a nibble. Thoughts?

 

I sold the shares I had been holding for years during the downturn, so I don't think I'll be getting back into it for a while (just a personal thing). As with a lot of things, it all depends on coronavirus. Short-term, I have no idea and don't really care. Long-term I would think it's a solid stock assuming Chapek does a good job after Iger leaving the CEO role. DIsney+ kind of saved the stock during the drop during the lockdown. They derive a ton of income from their parks and related businesses and those are coming or will come back online once this COVID-19 calms down (hopefully sooner than later). The only problem to watch out for short-term is how this re-opening goes. If we start seeing spikes again with the disease that forces shutdowns, the stock will get hit. If you're a long-term investor, you could always DCA into your position.