STOCK MARKET: Let's talk stocks and investing

I just got assigned shares from my sdgr put a day early (first time this has happened to me), I guess this is y naked puts require 100% maintenance margin - they can get exercised before you close.

 

actually, for me, it is more about lessening uncertainty; to that end playing w option spreads helps me to define my max risk.

eg​

• attendant to selling a naked put the seller assumes unlimited risk

w the sale of a bullish PUT spread, the seller defines the max risk, which =
(the size of the spread) - (the premium collected in advance) https://www.investopedia.com/terms/b/bullputspread.asp​

on credit spread, i like to play those contracts ~ 45 days to expiration.

​

 

Fb breaking out...could soon see ATH.

 

replace "unlimited risk" with "risk not easily quantifiable, but it is there"

​

unlimited risk is associated w selling a naked CALL​

 

according to my TA, crm has been consolidating at bottom of trade channel.
set up a scouting mission to gauge/monitor the hot water i'd be in if i make a play on CRM

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using, Apr 30 expiration, constructed a billish PUT spread

sto 215 PUT, bto 210 PUT---collecting $2.7 premium in advance---defining my max risk of $2.3​

CRM's next ERS will be ~ late May; should my credit spread be profitable as expiration approaches, i will then load up on tons of bullish CALL spread (debit)

 

Strictly technically speaking what are you looking for before you would initiate a position? A bounce off the blue line or a breakthrough of the upper channel?

I ask because it has been on my radar for a while.

 

i look for additional corroboration---such as breaking thru resistance at 20/50 dma--- that CRM will continue to go up

 

I hope you guys can make a killing on CRM. For me, it’s been a dog that keeps crapping the carpet...

 

If it's any consulation I bought BABA @ 280 thinking I got a steal.

It happens...a year from now CRM and BABA may be in a different place...hopefully a better place.

 

Yeah, I gave up on CRM too. And with MSFT (new shares, I already own old "cheap" shares) I just dumped a bunch into my yearly IRA buy so I wouldn't look at it as often. MSFT was doing the same sideways dance as CRM.

 

here is my 2 cents on CRM

• MACD has crossed over the horizontal line, favorable momentum indicator to the upside
• alert levels
  • 216 ~ 50 % retracement level
  • 217 ~ 20 dma, next major resistance level, may take a nibble
  • 225 ~ 50 dma, once confirmed, i'll load up at this level, heading towards 38% retracement, ~ 233
  • 240, the upper trading channel

should CRM re-visit the upper trading channel, before the late May ERS, chances are it will break out from there

• this will be the 5th attempt, since Sep, to break thru
  • the 3rd attempt in 5 months

 

Been looking at BHP and RIO, both pay nice dividend. BHP has uranium too. @adoo both are trending down and fell past the 50 day. What would you look for as a reversal indicator? RSI below 30?

https://finviz.com/publish/031921/RIOd152599336i.png
https://finviz.com/publish/031921/BHPd152504310i.png

 

i look for a doji candlestick, "+", which suggest hesitation among traders

A doji candlestick forms when a security's open and close are virtually equal for the given time period and generally signals a reversal pattern for technical analysts.
In Japanese, "doji" means blunder or mistake, referring to the rarity of having the open and close price be exactly the same.​

 

Just keep an eye on copper prices and whatever else they deal in. Copper prices have somewhat stalled, which I guess is to be expected, after the long run up they've had for a year or so. Also make sure you know the exposure to everything else they're in. I would expect a period of volatility in the market in the next week or so (maybe longer). I think the Fed heads to Congress (?) or speaking somewhere and inflation data also out next week.

 

Just noticed this thread is about 12 years old.

 

perhaps someone in this thread is a billionaire by now and can buy the Rockets soon. 20 game losing streak coming up!

 

https://www.bloomberg.com/news/arti...-said-to-reach-deal-to-take-ironsource-public

Edit: nah, not as cheap as I thought

 

Closed this at $4.95 today. Still bullish, will sell more puts/buy shares on dips. Best trading day in a long time.

 

@saitou APPS continuing their spending spree! Decent acquisition price imo.

https://finance.yahoo.com/news/digital-turbine-announces-definitive-purchase-115500076.html