Search results

  1. C

    Triple witching day and hour...

    Avis Budget (CAR) Sell to open $35. Jan 2020 Call expired on Friday...Didn't know whether to buy it back or hold. Some you win on Fridays...Some you lose. I can write another covered call sometime this next week. Notice the close... ‎ 34.99 USD −0.89 (2.48%) Closed: Jan 17, 5:45 PM EST ·...
  2. C

    Best Advice You Could Give A Beginner?

    I have been waiting years for Bunge (BG) to be bought out. Nothing happens...Year after year!! But there is great "sell to open" options for the company, since traders feel it will happen someday...I just do my covered calls (out of the money big time) and wait.
  3. C

    Triple witching day and hour...

    Yeah, I knew it...Had forgot for a minute. Can't take it back. My mind is/was on leaps. 70-80% of my options are over say 9 months out...
  4. C

    Triple witching day and hour...

    Yeah, you are correct...Always get Dec/Jan mixed up on major days. Was thinking more of major leap expiring dates. Any insight into major leap days...Jan/June third Fridays??
  5. C

    Triple witching day and hour...

    Today (as I write this) is Thursday. Tomorrow is a major option expiration day (as you know...If you don't know, you should NOT be trading options). Has anyone figured out which way the market (or an individual stock) will go on the last day/hour of trading?? Any tells that can be seen?? I...
  6. C

    MCD is in big trouble. May not exist in 5 years

    From my other thread about after hours trading... For those who were following my attempted buy of MCD. The next day with my asking price at $197.99, I picked it up for $197.58, the opening price. I didn't look on Fidelity till about 10am Pacific time. I then optioned a covered call for the Jan...
  7. C

    Selling In the Money Covered Calls Strategy Question

    I would love to find out. My CPA is not the brightest crayon in the box...But he is a CPA and has 30+ years experience. I don't think he could answer...He would have to ask someone else. That is why I did very slightly out of the money...Just so it doesn't become a issue I (or my CPA) would...
  8. C

    Best option strategies to learn ....

    I know this is basic...But you need to understand how the market works in a crash/bubble. Below is from Wiki concerning the dot.com bubble. You also need to look at 2008 and what you do when there is NO MARKET at all...How to close your positions. It does and will happen. The Nasdaq...
  9. C

    Best Advice You Could Give A Beginner?

    Late to the party in this thread...But my same advice. Read the first few chapters of "The Millionaire Next Door". It has been a New York Times best seller and still holds it weight...The numbers are different, because the book is older. But the concepts are still correct!! The book is...
  10. C

    Which brokers would execute my after hours trade??

    I know it's minor...The float on the float of the $764.29 over 12 months (compounding ...1.05%)...About 8 bucks. Also you have the float on their dividends...It adds up.
  11. C

    Which brokers would execute my after hours trade??

    Yeah, I understand...I'm always more comfortable with covered calls. I'm 64+...Old dogs/new tricks. Have heart issues. Don't want a lot of unclosed positions to hand to my wife. And it something happened to her, a bank trust department would handle the accounts. They may not see the puts...
  12. C

    Which brokers would execute my after hours trade??

    For those who were following my attempted buy of MCD. The next day with my asking price at $197.99, I picked it up for $197.58, the opening price. I didn't look on Fidelity till about 10am Pacific time. I then optioned a covered call for the Jan 21 $210. $7.65...I received $764.29 after 71...
  13. C

    Which brokers would execute my after hours trade??

    To clarify it was at Fidelity. It was/is McDonalds...It closed at $198.17. I put my price in at $197.99 and after hours it hit $197.60 before ending back up at $198.17. It was/is 100 shares (don't want odd lots...Want to do a covered call...Leap Jan 21). I will keep my price over the...
  14. C

    Is 2020 the year J. C. Penny goes under?? Will it go away??

    It has been holding on and holding on...I thought it would be gone a few years ago!! Would you buy a vacuum from them...Would you trust the warranty from them? Many years go my daughter renamed her fish...Fidel. She said he just wouldn't die!! I feel the same about JCP...
  15. C

    Which brokers would execute my after hours trade??

    With manual FEES!!!
  16. C

    Which brokers would execute my after hours trade??

    I found this...A few years old, but I get the concept. Just wondering if/when Schwab buys TDA, would they get into after hours trading...
  17. C

    Which brokers would execute my after hours trade??

    Say I want to buy XYZ at $10. It closes at $10.10 on Friday...Not executed. The after hours shows it at $9.90. If I have this correct, if I was a Morgan Stanley or Merrill Lynch, my stock would be purchased at $10. on Friday with the broker being the market maker and it would either be their...
  18. C

    What happens to the options when and ETF shuts down??

    My China ETF is closing...HAO. Consolidation of companies...I would do covered calls on this stock. I stopped when I heard the news. What happens to the options when an ETF closes and distributes?? https://finance.yahoo.com/news/invesco-announces-changes-us-etf-131200798.html
  19. C

    Using Options To Protect a Large Portfolio

    For about 25 years I have owned RVT. It pays a good dividend in good times and bad. They find value where others can not. Also RGT...Same family of companies. You could buy something like GE or Boeing (which have been down greatly)...Do a leap just above what you bought it for...Jan 21...
  20. C

    Dual System case - options masters, please advise

    Are you concerned about holding your positions over night?? Bad news or a major correction for a day could be a problem. You try and close your positions, you (and 98% of other small investors) go to the back of the line. Eyes wide open... 08/05/11 Last Thursday, the Dow Jones Industrial...
Back
Top