Broeb22 Posted October 30, 2020 Share Posted October 30, 2020 Bought some ROP, TIG, CFX, and LESL over the last few days Link to comment Share on other sites More sharing options...
Gregmal Posted October 30, 2020 Share Posted October 30, 2020 Added a little more MX. Good earnings and continued momentum. Volume should help remove some of the Brigade overhang. Cardboard.....lookin good. Link to comment Share on other sites More sharing options...
Junto Posted October 30, 2020 Share Posted October 30, 2020 Call me stupid but WFC. Link to comment Share on other sites More sharing options...
rkbabang Posted October 30, 2020 Share Posted October 30, 2020 More BAM. Already my largest holding, but getting too cheap not to buy a little more. Link to comment Share on other sites More sharing options...
Viking Posted October 30, 2020 Share Posted October 30, 2020 BAM, SAP.TO, FTS, SJR-B.TO, FFH Link to comment Share on other sites More sharing options...
fareastwarriors Posted October 30, 2020 Share Posted October 30, 2020 MSFT JBGS Link to comment Share on other sites More sharing options...
Lance Posted October 30, 2020 Share Posted October 30, 2020 MA and V Thanks Lance Link to comment Share on other sites More sharing options...
Cardboard Posted October 30, 2020 Share Posted October 30, 2020 Yeehah! Sold all puts at a nice profit. However, what to buy now to hedge? Maybe that Einhorn is right and bubble is finally deflating? Some charts are starting to look real ugly with breakdowns and valuation remain high while Democrats are talking about tax hikes. Whatever you think politically this cannot be considered an earnings accelerator but, brakes. Problem with puts is price due to high VIX. I need to revisit Monday as I would not be surprised to see market rebound. We are more into complacency phase as Einhorn puts it vs panic. Cardboard Link to comment Share on other sites More sharing options...
Gregmal Posted October 30, 2020 Share Posted October 30, 2020 Yeehah! Sold all puts at a nice profit. However, what to buy now to hedge? Maybe that Einhorn is right and bubble is finally deflating? Some charts are starting to look real ugly with breakdowns and valuation remain high while Democrats are talking about tax hikes. Whatever you think politically this cannot be considered an earnings accelerator but, brakes. Problem with puts is price due to high VIX. I need to revisit Monday as I would not be surprised to see market rebound. We are more into complacency phase as Einhorn puts it vs panic. Cardboard I'm actually, on a very speculative and short term basis looking at buying a tiny amount of OTM SPY calls thinking that Trumps gonna drop some kind of vaccine announcement over the weekend right ahead of the election. Still got a good bit of spec money after the 8 bagger on DDS options a few weeks ago. Swung a lot of it to the core portfolio for money sucking REITs, but I still think we see some sort of shenanigan around stimulus or vaccine in an attempt to buy off voters next week. On hedging, IDK, still waiting for something to come to me. Ive just been gradually reducing speculative exposure and limiting what I do to things where you have a bit of an event driven, high payoff trade. Otherwise trying to be more disciplined about longs and raising liquidity. My few Nov 20 put plays are kind of set. Not looking at being too aggressive on the hedges. Link to comment Share on other sites More sharing options...
rb Posted October 30, 2020 Share Posted October 30, 2020 Yeehah! Sold all puts at a nice profit. However, what to buy now to hedge? Maybe that Einhorn is right and bubble is finally deflating? Some charts are starting to look real ugly with breakdowns and valuation remain high while Democrats are talking about tax hikes. Whatever you think politically this cannot be considered an earnings accelerator but, brakes. Problem with puts is price due to high VIX. I need to revisit Monday as I would not be surprised to see market rebound. We are more into complacency phase as Einhorn puts it vs panic. Cardboard If that's what you're worried about why QQQ? I would be more worries about the SPX than QQQ. Link to comment Share on other sites More sharing options...
rb Posted October 30, 2020 Share Posted October 30, 2020 MO. I can't help it if they give it away for next to nothing. Link to comment Share on other sites More sharing options...
Viking Posted October 30, 2020 Share Posted October 30, 2020 Yeehah! Sold all puts at a nice profit. However, what to buy now to hedge? Maybe that Einhorn is right and bubble is finally deflating? Some charts are starting to look real ugly with breakdowns and valuation remain high while Democrats are talking about tax hikes. Whatever you think politically this cannot be considered an earnings accelerator but, brakes. Problem with puts is price due to high VIX. I need to revisit Monday as I would not be surprised to see market rebound. We are more into complacency phase as Einhorn puts it vs panic. Cardboard I also have been wondering what is priced in to the market in terms of a Democrats win and higher corporate tax rates. Perhaps not much as they would need to win both the WH and Senate for this to happen. Link to comment Share on other sites More sharing options...
Every Banana Counts Posted October 30, 2020 Share Posted October 30, 2020 MO Link to comment Share on other sites More sharing options...
Gregmal Posted November 2, 2020 Share Posted November 2, 2020 Sold my small over the weekend OTM call position on SPY. Added a bit of the proceeds into Nov 20 puts, paid down some margin, and wired out a small amount to buy some Biden -170 at the sports book. Link to comment Share on other sites More sharing options...
Cardboard Posted November 2, 2020 Share Posted November 2, 2020 Smart move on Friday's calls. I have a feeling that we will get some election relief rally. So I am holding off on buying back puts. At that point virus, lockdowns, stimulus will become the topic with no new earnings announcements to speak of. Lots of layoffs announcements which have started will have large impact. People (mostly Democrats) have talked about civil unrest and a key worry right now. I doubt very much that anything will happen since if election is tight the newsflow will be very slow as votes are counted or re-counted. People riot in the streets based on shocks or one-time event. Not things that take weeks to settle. If a Biden landslide, it will be quiet. If a surprise big Trump win: same. So macro will become key after election "noise" or market distraction and nothing really different will happen over next few months weather it is Democrats or Republicans, Senate, Congress or what not. A double dip seems in the cards. Cardboard Link to comment Share on other sites More sharing options...
Viking Posted November 2, 2020 Share Posted November 2, 2020 FFH (fortunately at open), SAP.to, BAM Link to comment Share on other sites More sharing options...
Gregmal Posted November 2, 2020 Share Posted November 2, 2020 Added back a smidge of CRSP. Guessing its down because Biden again vowed to cure cancer.... Link to comment Share on other sites More sharing options...
fareastwarriors Posted November 2, 2020 Share Posted November 2, 2020 Started a position in PCYO Link to comment Share on other sites More sharing options...
jgyetzer Posted November 2, 2020 Share Posted November 2, 2020 TWTR Link to comment Share on other sites More sharing options...
formthirteen Posted November 2, 2020 Share Posted November 2, 2020 JBGS, FFH, PGRE, MO :P Link to comment Share on other sites More sharing options...
Gregmal Posted November 2, 2020 Share Posted November 2, 2020 JBGS, FFH, PGRE, MO :P Glutton for punishment, eh? Welcome to the club. Link to comment Share on other sites More sharing options...
gokou3 Posted November 2, 2020 Share Posted November 2, 2020 BAM Link to comment Share on other sites More sharing options...
Lance Posted November 2, 2020 Share Posted November 2, 2020 DMLP Thanks Lance Link to comment Share on other sites More sharing options...
MVP444300 Posted November 3, 2020 Share Posted November 3, 2020 Added back a smidge of CRSP. Guessing its down because Biden again vowed to cure cancer.... Would love to hear your thesis on CRSP? Link to comment Share on other sites More sharing options...
Spekulatius Posted November 3, 2020 Share Posted November 3, 2020 more PDLI (even though I own a lot already). wabuffo PDLI Shares trade suspiciously weak. Link to comment Share on other sites More sharing options...
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