Gregmal Posted December 17, 2020 Share Posted December 17, 2020 Bought some more AIV. Flipped the ABNB tracker. Felt greedy looking for more than $20 per share in a couple days on something so obviously not worth what its trading for at the moment. Link to comment Share on other sites More sharing options...
fareastwarriors Posted December 17, 2020 Share Posted December 17, 2020 Bought some more AIV. Flipped the ABNB tracker. Felt greedy looking for more than $20 per share in a couple days on something so obviously not worth what its trading for at the moment. +1 Ride or die. Link to comment Share on other sites More sharing options...
boilermaker75 Posted December 17, 2020 Share Posted December 17, 2020 Wrote some WFC 29.5 strike, Dec 18 expiration puts for $0.21. Link to comment Share on other sites More sharing options...
Gregmal Posted December 18, 2020 Share Posted December 18, 2020 Added a few more MX and BAM EDIT: also got allocated some IIIIU Link to comment Share on other sites More sharing options...
simplefocus Posted December 18, 2020 Share Posted December 18, 2020 MSTR is the best risk/reward for Bitcoin. 1/3 of the company's market cap is in Bitcoin, and the software business alone is worth the current market cap. Citron Research has a target price $700. https://citronresearch.com/wp-content/uploads/2020/11/MicroStrategy-The-Best-Way-To-Own-Bitcoin.pdf Link to comment Share on other sites More sharing options...
lnofeisone Posted December 18, 2020 Share Posted December 18, 2020 Bought some more AIV. Flipped the ABNB tracker. Felt greedy looking for more than $20 per share in a couple days on something so obviously not worth what its trading for at the moment. +1 Ride or die. I just sold my starter ABNB. 30% in a week is just money growing on trees but it's so uncomfortable. Bought some AIV, ATCO, and bought back my 25% in KNOP. Link to comment Share on other sites More sharing options...
thepupil Posted December 18, 2020 Share Posted December 18, 2020 Don’t get me wrong, I went from 25–>45 bps in AIV today (getting crazy!) and understand why people are buying it, but think that it was much more interesting to buy the package in the low to mid $30’s at 60% of NAV including the apt portfolio, than CrapCo/RemainCo is right now at 55% of company NAV. Think my fellow AIV holders have a long and tough road ahead of them. Link to comment Share on other sites More sharing options...
Gregmal Posted December 18, 2020 Share Posted December 18, 2020 ^It was, but IMO there was also a lot of other stuff floating around where you could make some easy money. In hind site, you definitely cant argue with buying the package(especially if you sold AIV at $12! on the spin), but right now there's substantially less value/opportunity I see, substantially more evidence of the bubble expanding(such as all those IPOs last 2 weeks), and IMO a couple weeks left until the clock strikes midnight and everyone does their predictable "its a new year, lets get serious again" routine. Ive got a lot planned for that oh so special week between Xmas and New Years where Robinhood hunting season is in full swing! Agree on AIV, but Ive never let overhangs or "no catalysts" stop me. Bring on the $3s! Link to comment Share on other sites More sharing options...
thepupil Posted December 18, 2020 Share Posted December 18, 2020 Good point, I made about 40% on AIV and EQR is up about 36% over that time, could’ve just stuck to the good stuff. I’m with you in hoping for some AIV destruction! Link to comment Share on other sites More sharing options...
elliott Posted December 19, 2020 Share Posted December 19, 2020 A couple of days ago... HKG: 2283 Link to comment Share on other sites More sharing options...
Gregmal Posted December 21, 2020 Share Posted December 21, 2020 Started some BKEPP. Bought some BKEP premarket on the big announcement. Swapping this in for the preferred shares I own and will sell during the day. Transformation is taking shape! Link to comment Share on other sites More sharing options...
boilermaker75 Posted December 21, 2020 Share Posted December 21, 2020 Wrote some WFC 29.5 strike, Dec 18 expiration puts for $0.21. I wasn't assigned, even though WFC closed at 29.01! Link to comment Share on other sites More sharing options...
Dynamic Posted December 21, 2020 Share Posted December 21, 2020 Wrote some WFC 29.5 strike, Dec 18 expiration puts for $0.21. I wasn't assigned, even though WFC closed at 29.01! Wow, that's quite a surprise, but I guess it can be a useful bonus that you can probably replace that exposure either with a higher premium or a lower strike at a good IRR. I don't do this as much as you, but I've never had that happen. The most unusual thing for me was to have a few contracts assigned to me a good number of days before expiry. Link to comment Share on other sites More sharing options...
boilermaker75 Posted December 21, 2020 Share Posted December 21, 2020 Wrote some WFC 29.5 strike, Dec 18 expiration puts for $0.21. I wasn't assigned, even though WFC closed at 29.01! Wow, that's quite a surprise, but I guess it can be a useful bonus that you can probably replace that exposure either with a higher premium or a lower strike at a good IRR. I don't do this as much as you, but I've never had that happen. The most unusual thing for me was to have a few contracts assigned to me a good number of days before expiry. I used to have this happen on occasion, but only when the put was in the money by just a few cents. In the last few years, even when the put was in the money by only $0.01, I was getting assigned. Link to comment Share on other sites More sharing options...
jondoug Posted December 21, 2020 Share Posted December 21, 2020 Wrote some WFC 29.5 strike, Dec 18 expiration puts for $0.21. I wasn't assigned, even though WFC closed at 29.01! Wow, that's quite a surprise, but I guess it can be a useful bonus that you can probably replace that exposure either with a higher premium or a lower strike at a good IRR. I don't do this as much as you, but I've never had that happen. The most unusual thing for me was to have a few contracts assigned to me a good number of days before expiry. I used to have this happen on occasion, but only when the put was in the money by just a few cents. In the last few years, even when the put was in the money by only $0.01, I was getting assigned. I had something similar happen. I had written WFC covered calls with a strike of 29.5. The covered shares got sold at 29.5, even though market closed at 29.01. Link to comment Share on other sites More sharing options...
boilermaker75 Posted December 21, 2020 Share Posted December 21, 2020 Wrote some WFC 29.5 strike, Dec 18 expiration puts for $0.21. I wasn't assigned, even though WFC closed at 29.01! Wow, that's quite a surprise, but I guess it can be a useful bonus that you can probably replace that exposure either with a higher premium or a lower strike at a good IRR. I don't do this as much as you, but I've never had that happen. The most unusual thing for me was to have a few contracts assigned to me a good number of days before expiry. I used to have this happen on occasion, but only when the put was in the money by just a few cents. In the last few years, even when the put was in the money by only $0.01, I was getting assigned. I had something similar happen. I had written WFC covered calls with a strike of 29.5. The covered shares got sold at 29.5, even though market closed at 29.01. You covered call at 29.5 is essentially the same as my naked put at 29.5. There must of been an expectation of WFC opening well above 29.5 today. Link to comment Share on other sites More sharing options...
elliott Posted December 21, 2020 Share Posted December 21, 2020 HK 1113 Link to comment Share on other sites More sharing options...
wescobrk Posted December 21, 2020 Share Posted December 21, 2020 Good lord, I bought 10 shares of Quantumscape when it was at $13 before the spac merger. I was going to research it but never got around to it. I have a 10 bagger but I only put a hundred dollars into it. I guess a thousand dollar profit is better than nothing. Too bad I didn't buy a 100 shares. Link to comment Share on other sites More sharing options...
Gregmal Posted December 23, 2020 Share Posted December 23, 2020 Been shorting some MSGE puts. Rotated a bunch of FSR warrants into some very OTM GM calls for 2022/23, added a bit more to BKEP, and picked up a starter position in some AAPL puts. Also tacked on a few more shares to ARKG short. Link to comment Share on other sites More sharing options...
no_free_lunch Posted December 23, 2020 Share Posted December 23, 2020 Jan 2022 calls on GOLD. $30 strike. Just an inflation hedge. Link to comment Share on other sites More sharing options...
elliott Posted December 23, 2020 Share Posted December 23, 2020 SE0007525332 XBT BTC Link to comment Share on other sites More sharing options...
keerthiprasad Posted December 23, 2020 Share Posted December 23, 2020 ccrc Link to comment Share on other sites More sharing options...
Gregmal Posted December 23, 2020 Share Posted December 23, 2020 I decided on an experiment. Will help with my bubble project. Live like a RH rockstar for a bit. So before heading out to the supermarket to grab dinner, I figured, lets do this. Went to StockTwits. Top trending stock, XL. Lets buy 100 shares. Due diligence? Fuck it. #1 Trending is all the due diligence one needs. If its trending, it must be the shit. Entered market order. Cuz limit order are for pussies. Filled at 31.13. Shut the laptop...didnt want to work too much harder. Got in the car. Peddled around the grocery store acquiring items for tonights stuffed peppers. Headed over next door to the liquor store to get the nights beverages. Drove home. Kicked on the laptops. Sold for $33.17. Definitely a much easier way to make money in the market than all this other bs Ive been doing for years now. Heck, some of my value stocks only do 6% a year. Link to comment Share on other sites More sharing options...
gfp Posted December 24, 2020 Share Posted December 24, 2020 I decided on an experiment. Will help with my bubble project. Live like a RH rockstar for a bit. So before heading out to the supermarket to grab dinner, I figured, lets do this. Went to StockTwits. Top trending stock, XL. Lets buy 100 shares. Due diligence? Fuck it. #1 Trending is all the due diligence one needs. If its trending, it must be the shit. Entered market order. Cuz limit order are for pussies. Filled at 31.13. Shut the laptop...didnt want to work too much harder. Got in the car. Peddled around the grocery store acquiring items for tonights stuffed peppers. Headed over next door to the liquor store to get the nights beverages. Drove home. Kicked on the laptops. Sold for $33.17. Definitely a much easier way to make money in the market than all this other bs Ive been doing for years now. Heck, some of my value stocks only do 6% a year. It's an interesting time... I follow this small company AirT, controlled by Nick Swensen, which I (unfortunately today) don't own shares in. I have kept their filings in my RSS feed since Swensen picked a fight with Biglari. I liked AirT yesterday and was encouraged by some news they filed after the close. They have been really good at taking in PPP and Main Street Fed program money as well. So today the stocktwits / robin hood crowd is suddenly aware of them because they are "low float" and "trending" or whatever. This company usually barely trades and they have had to keep halting it all day. First at 13 and change, now at 18.10, and they can't seem to get it to open again but indications are currently at 30 / share... Just nuts to see it happen in real time. Nobody cares what the news is or what the company does - just ultra low float and she's running! Pile in! One of the funnier quirks to this is the 1000% move in a warrant that entitles you to buy Preferred shares that haven't budged and can be purchased below par. But I suppose people think AIRTW might be a warrant on the common... It isn't. Link to comment Share on other sites More sharing options...
DooDiligence Posted December 24, 2020 Share Posted December 24, 2020 I decided on an experiment. Will help with my bubble project. Live like a RH rockstar for a bit. So before heading out to the supermarket to grab dinner, I figured, lets do this. Went to StockTwits. Top trending stock, XL. Lets buy 100 shares. Due diligence? Fuck it. #1 Trending is all the due diligence one needs. If its trending, it must be the shit. Entered market order. Cuz limit order are for pussies. Filled at 31.13. Shut the laptop...didnt want to work too much harder. Got in the car. Peddled around the grocery store acquiring items for tonights stuffed peppers. Headed over next door to the liquor store to get the nights beverages. Drove home. Kicked on the laptops. Sold for $33.17. Definitely a much easier way to make money in the market than all this other bs Ive been doing for years now. Heck, some of my value stocks only do 6% a year. It's an interesting time... I follow this small company AirT, controlled by Nick Swensen, which I (unfortunately today) don't own shares in. I have kept their filings in my RSS feed since Swensen picked a fight with Biglari. I liked AirT yesterday and was encouraged by some news they filed after the close. They have been really good at taking in PPP and Main Street Fed program money as well. So today the stocktwits / robin hood crowd is suddenly aware of them because they are "low float" and "trending" or whatever. This company usually barely trades and they have had to keep halting it all day. First at 13 and change, now at 18.10, and they can't seem to get it to open again but indications are currently at 30 / share... Just nuts to see it happen in real time. Nobody cares what the news is or what the company does - just ultra low float and she's running! Pile in! Sounds like a formula for the new 21st century value investor. Discover & buy, low float, thinly traded business. Pump to WSB / RH crowd. Dump. edit: DJCO anyone? Link to comment Share on other sites More sharing options...
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