I'm halfway onto the bandwagon haha. Sold some puts on USCR ($15 strike, may expiry, $1.50 premium). Will HODL if option gets exercised, if it doesn't I'll pocket the 10% premium and move on.
MSFT at 177, it appears that these motivated sellers are selling near their purchase price once the gap is closed, off to the races to the peak
I've been watching Roku's stock, just wild on the options I passed up on... and while I can see what this guy is getting at maybe longer-term, I don't think this was something that should have even been published at least for people playing CV plays, so the long-term aspect doesn't even matter - https://finance.yahoo.com/news/roku-isn-t-coronavirus-play-172936329.html?.tsrc=rss I mean.. Sure, I might not want it as a long long term investment, but for right now - Roku has been money. Note I was just sharing for fun and not something I'm currently in, but thought it was interesting, with that said I think Roku/Netflix are both shaping up nicely. I'll share if I take any calls.
I got out of my Pfizer plays I mentioned few days ago for small gain/even etc. but earnings coming up - might make it interesting for short term on next week (and possibly up to 4/28), with that said though I was watching volumes and basically stock was held perfectly at 35.50-36.40 (I think I might get some for smallish run next week if it dips more). I typically don't like PFE much but have been watching for a smaller value option call. I feel it'll go up a bit but it's probably not a home run play, I just think it's interesting on the dip now. Note I need to do more DD, but will share if I see anything worthwhile
after Astro123's post, took a look at it.not interested. looks more like a falling knife. if you're using a charting site, look for the parobolic SAR info. it shows the USCR's uptrend, from 16 Mar , has been reversed to a down trend
Yeah, on some of these plays if you can catch like a falling knife on a low low bid it might be nice for a quick bounce but it's been risky with slow response, like - long long out, I'm sure it'll work but I am not in any oil/energy right now other than a super cheap uso call in few weeks atm. More just watching, I mean money will come back but I'm trying to capitalize on gains for smaller plays that are happening now etc.
i've opted for Abt; constructed a Call Calendar play STO 8 May 2020 100 Strike Call BTO Jan 2021 100 Strike Call net, net $6.1
On a side note.... I can't believe I didn't reup my value bid on Roku call at $115 for 4/17 earlier this week... I was going through a few day bids I placed... Haha, I'm doing great this week
ABT play I like a lot more than PFE garbage I was mentioning, I got in on some shares in March for ABT and out atm but I think this is a great plan. I think ABT will be a much better idea with Covid. On PFE I don't know why but was just thinking extremely short/small play, ie some PR as earnings approach to get interest on partnership for vaccine play, but I don't expect it to be great at least with what I've seen so far
just find out that MSFT's next earnings call will be 2 wks from yesterday, Wed 30 Apr 2020. that means a longer up trend, more time to reach the peak again
BX appears to be forming a triangle pattern, as evidenced by higher lows and lower highs triangle patterns are precursors to either break outs or break downs the next earning calls is next Thu before the market opens my bet is on a run up to earnings; long Jun 50 CALL
I posted this in the COVID-19 thread, but early news on remdesivir is proving promising. The stock is also popping after-hours : Early peek at data on Gilead coronavirus drug suggests patients are responding to treatment https://www.statnews.com/2020/04/16...uggests-patients-are-responding-to-treatment/
This fits a lot of the scuttlebutt I'm hearing through my ears in the relevant scientific community in the Bay Area, FWIW. Some biochemists I know well have been bullish on this from the start as our best near-term treatment.
Much of it is probably because of the Gilead news and the fact Trump may allow governors the authority to open some stuff back up, but leave it up to them to do so (that announcement/news conference should be around 5pm Central, I think).
It's what I had been reading if for no other reason that it already existed and had been tested on SARS and MERS, so it had a headstart. Remdesivir was the leader for treatments and possibly Moderna for vaccines, but the treatment would hit first. The only question was whether either would prove effective. And in both cases, we're still awaiting that official answer. The answer on remdesivir should be coming shortly.
The hardest thing as I understand it from the science is this: A patient's highest viral load comes early and steadily declines. By the time someone gets sick enough for the hospital, you're not really battling the virus anymore, but it's legacy, the inflammation, and how it's ****ed up your immune response, particularly in the lungs. If you could apply something like remdesivir early, it would hypothetically be much more effective than for some poor schmo in the ICU. The tests I've heard of are on patients who are already pretty darned sick.
Man, that BA trash was interesting, I meant to go back and look.... Perfect strikes insane volume for 145 call 4/17 placed today.. PR - jumps AH.... Hahah Like the volume and amount - I need better friends for insider trading...
I agree with above Gild thing is interesting/news etc.. But on Disney, it's in May I think, right? Or did you see a different date?
Stuff like this is why it's extremely difficult to time reentering the market. In the last 3 days I have put money in 70+ stocks. All of them at a 15-60% premium from what they are a few months ago. I plan on holding a lot of them for several years or more. Hopefully it works out lol
