The Official Stock Market Thread

[babyfaceposey]

Originally Posted by Josh611

NVDA $800. What a monster!

Would be higher if they could meet demand.

[Josh611]

Oooh Sentinel One IPO this week. Will have to dig into that and see if there is anything there.

[jeg2315]

The Qs seem overheated from a swing perspective this week, wary of a short-term pullback possibly. S&P still has room to run.

Did well on some call plays from the May dips on ROKU, BNGO and NNDM, helped me break a new ATH on my account.

AMD will be interesting to watch with the acquisition ongoing and earnings next month.

[JMarchand1981]

Originally Posted by Josh611

NVDA $800. What a monster!

We closed out a bunch on this one today. Once it hit $800, we sold off 75% of our calls. I did the same on my personal money. It may go higher, but pigs gets slaughtered. I still have just enough to be interested in it and follow it, but stocks drop after they split. You know I have been elbows deep in this position for some time now. You don't even want to know what I cleared personally. Totally dwarfs my numbers from my AAPL calls last year. Our customers will be very happy when they see their June statements. I definitely didn't see it growing that quick but I will certainly take it.

[Josh611]

Originally Posted by JMarchand1981

We closed out a bunch on this one today. Once it hit $800, we sold off 75% of our calls. I did the same on my personal money. It may go higher, but pigs gets slaughtered. I still have just enough to be interested in it and follow it, but stocks drop after they split. You know I have been elbows deep in this position for some time now. You don't even want to know what I cleared personally. Totally dwarfs my numbers from my AAPL calls last year. Our customers will be very happy when they see their June statements. I definitely didn't see it growing that quick but I will certainly take it.

Absolutely! The big money has been made there. I'm sure there will be another solid time to add to it.

Took out my cost basis myself and will move the remaining shares to a different account.

[RBKSNIPZ]

SCHD

Anybody mess with this Dividend ETF?

Thinking about entering a position for long term.

[xbignick]

Got home and looked at CPNG

[Josh611]

Bought an 8/20 TSM $130 call for $1.80

With earnings in ~2 weeks and technicals looking good, I like the 1.5% risk on a breakout. Will likely not hold this til expiration.

[JMarchand1981]

Originally Posted by Josh611

Bought an 8/20 TSM $130 call for $1.80

With earnings in ~2 weeks and technicals looking good, I like the 1.5% risk on a breakout. Will likely not hold this til expiration.

We also own TSM. Shares and June 2021 calls. Absurd value.

[salthill]

Originally Posted by JMarchand1981

We also own TSM. Shares and June 2021 calls. Absurd value.

Still, or based on the price you paid?

[finfangfan]

Just saw Krispy Kreme is going public again… that’s a blast from the past. I remember it being a success story of the early 2000’s and then kind of fizzling out.

[JMarchand1981]

Originally Posted by salthill

Still, or based on the price you paid?

Actually, kinda both.

My cost was absurdly low but hear this one out.

June 17 2022 call, strike price of $130 for a $10.20 ask?

CUrrent sp is $120. So load it up and call your cost on the potential shares $130.20.

If you believe the stock increase beyond $130.20 by June of next year you are sitting on value because you would be paying $.20 per share for one year worth of time value. Your investment on the option would be $1020.

The value there is the price of time IF you believe the stock gets to $130.20 by June of 2022. We own it at a better price so I am not inclined to really buy any more.

[Josh611]

You never go broke taking a profit but sometimes sticking to your plan sucks. Bought Etsy at $170 sometime late June with a stop loss at $167.50. Larger than normal trading position so wanted a smaller stop loss. Had a sell order placed at $180. Well stock clearly killed that number. Still a winning trade but damn sometimes it doesn’t feel as good as it would.

But I remind myself of Jmarch’s signature almost everyday. Better to live another day.

[salthill]

Originally Posted by JMarchand1981

Actually, kinda both.
My cost was absurdly low but hear this one out.

Gotcha. Thanks for running that through.

[JMarchand1981]

Originally Posted by JMarchand1981

We also own TSM. Shares and June 2021 calls. Absurd value.

Originally Posted by salthill

Still, or based on the price you paid?

Originally Posted by JMarchand1981

Actually, kinda both.

My cost was absurdly low but hear this one out.

June 17 2022 call, strike price of $130 for a $10.20 ask?

CUrrent sp is $120. So load it up and call your cost on the potential shares $130.20.

If you believe the stock increase beyond $130.20 by June of next year you are sitting on value because you would be paying $.20 per share for one year worth of time value. Your investment on the option would be $1020.

The value there is the price of time IF you believe the stock gets to $130.20 by June of 2022. We own it at a better price so I am not inclined to really buy any more.

Originally Posted by salthill

Gotcha. Thanks for running that through.

I just realized this. Obviously I had the wrong year in my initial post.the June 2021 options have come and gone. June 2022 is where we sit.

[finfangfan]

Originally Posted by Josh611

Oooh Sentinel One IPO this week. Will have to dig into that and see if there is anything there.

FWIW I put an offer in for this ipo through eTrade and just received an alert that I did not get allocated any shares. Will keep it on my watchlist.

[xbignick]

Intel news on chip plants was what, late March? Down 14% since. AMD almost up 20% in same time.

Had an order in to double up on what I own in AMD but never got hit, still happy with what I have.

[Josh611]

Originally Posted by finfangfan

FWIW I put an offer in for this ipo through eTrade and just received an alert that I did not get allocated any shares. Will keep it on my watchlist.

Yeah this one will likely be too pricey at open for me to be interested. Will definitely keep on my list though.

[btmcrushers]

BBBY Up 26% to $38. I'm in it at $33 - deck out or hold?

[finfangfan]

Originally Posted by Josh611

Yeah this one will likely be too pricey at open for me to be interested. Will definitely keep on my list though.

Bid/Ask has already ballooned to $39/$41.

[finfangfan]

Originally Posted by finfangfan

Bid/Ask has already ballooned to $39/$41.

Now it’s $44.5/$45.5 but still not available to be purchased.

[Josh611]

Originally Posted by finfangfan

Bid/Ask has already ballooned to $39/$41.

Yeah I'm good on that. Price/sales at that is over 60x I believe. I know these stocks will trade at a premium but you can get CRWD for that.

EDIT: Wow at $45 sounds even worse.

[patchgenie]

this should be some free money.

you just have to buy CVAC puts for july 16. i did the 65 ones for 5.50. picked up 5 of them.

CEO says results in 7-10 days at the most. should be july 6-9 at worst.

https://www.aerzteblatt.de/nachricht...mpfstoffstudie

results at the interim were mediocre. has near the same valuation as NVAX, which had great results.

good article on curevac's failure in general and with variants. didn't really see this issue with PFE or MRNA vaccines.

https://www.evaluate.com/vantage/art...vid-19-vaccine

rats leaving the ship before data readout:



wouldn't be dumping 34 million worth of stock before final readout if data was good.

[Josh611]

^not for me but looks like you have done your homework on that one. Thanks for posting. Will keep an eye on it and see what happens in the coming week.

[Josh611]

Homebuilders seem pretty cheap here