Author Topic: Stocks  (Read 251338 times)

Offline miles lover

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Re: Stocks
« Reply #3465 on: January 09, 2019, 05:54:32 PM »
Should have bought Phun today with a stop right under my price I paid. Was thinking  about it. Shoots. I guess I need more understanding on the stop loss and stocks in general before I do higher risk stocks.

Offline ludmila

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Re: Stocks
« Reply #3466 on: January 09, 2019, 06:01:57 PM »
I bought at 286. I donít understand the difference at what price I bought this specific stock at. If itís a good investment then Iíll keep it if itís not then Iíll sell.. am I missing something ? Also what justifies this stock being at 115 P/E ?wth.
I asked at what price to see if you have a decent profit, earnings coming in a week, taking a partial profit by selling half is always good, and remember NFLX was a $15 stock in 2013, up all the way to $420 in 2018 and now at $320, the 115 P/E means investors and funds have high expectations for future growth and are willing to pay up.
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Offline miles lover

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Re: Stocks
« Reply #3467 on: January 10, 2019, 02:36:53 PM »
I made a stop loss on DOVA at 7.65. Why did it sell today if the low of the day was 7.70 ?

Offline thebudgetdeals

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Re: Stocks
« Reply #3468 on: January 10, 2019, 07:49:05 PM »
I made a stop loss on DOVA at 7.65. Why did it sell today if the low of the day was 7.70 ?
9:50 AM  $7.57

Offline miles lover

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Re: Stocks
« Reply #3469 on: January 10, 2019, 07:50:37 PM »
9:50 AM  $7.57
Hmm your right. On robinhood it shows a low of 7.70. Weird

Offline ludmila

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Re: Stocks
« Reply #3470 on: January 10, 2019, 08:23:25 PM »
I made a stop loss on DOVA at 7.65. Why did it sell today if the low of the day was 7.70 ?
I have $7.56 as the low.
I was the Best,still the Best, and will always be the Best.
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Offline miles lover

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Re: Stocks
« Reply #3471 on: January 10, 2019, 08:41:54 PM »
I have $7.56 as the low.
Yep me too. I was checking on robinhood and it was showing 7.70 low there. Either way I lost out on the sell :(

Offline ludmila

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Re: Stocks
« Reply #3472 on: January 10, 2019, 09:18:28 PM »
Yep me too. I was checking on robinhood and it was showing 7.70 low there. Either way I lost out on the sell :(
Good luck on next trade, but picking a stop and sticking to it is the right way ,you did the right thing. I was once short 20 crude oil futures contracts, my stop was hit by 1 tick, and then within 3 hours crude was down 5 $.
I was the Best,still the Best, and will always be the Best.
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Offline ExGingi

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Re: Stocks
« Reply #3473 on: January 16, 2019, 12:14:24 PM »
https://www.bloomberg.com/opinion/articles/2019-01-15/stock-pickers-know-how-to-buy-but-not-how-to-sell

Interesting.

There's an age-old adage that says that money is made when you buy, which the managers seem to be good at, but knowing when to sell is an art in an of itself.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline miles lover

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Re: Stocks
« Reply #3474 on: Yesterday at 09:52:40 PM »
Can someone explain why someone would sell a call for under the stock price currently ? I see options to buy a call for AAPL at the moment for Feb 8th that cost $22.83 for a strike price of $133. The total is $155.83 which is lower then the stock price at the moment which is $156.00. He needs the capital now ? I see many other similar cases which are even more below the current stock price.

Offline good sam

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Re: Stocks
« Reply #3475 on: Yesterday at 10:53:05 PM »
Can someone explain why someone would sell a call for under the stock price currently ? I see options to buy a call for AAPL at the moment for Feb 8th that cost $22.83 for a strike price of $133. The total is $155.83 which is lower then the stock price at the moment which is $156.00. He needs the capital now ? I see many other similar cases which are even more below the current stock price.
My guess is you are looking at the current option price (last executed trade) and not the current offer. The option price is lagging behind the stock price and you wouldn't actually be able to purchase the option at that price because the offers are higher.

Did you see this after hours or during?
If you don't care why would you comment?
HT: DMYD

Offline yos9694

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Re: Stocks
« Reply #3476 on: Today at 12:14:36 PM »
Can someone explain why someone would sell a call for under the stock price currently ? I see options to buy a call for AAPL at the moment for Feb 8th that cost $22.83 for a strike price of $133. The total is $155.83 which is lower then the stock price at the moment which is $156.00. He needs the capital now ? I see many other similar cases which are even more below the current stock price.

Check volume and open interest. Most likely there is very little, so the last trade is not true to current market price. Feb 8th is not the 3rd Friday of the month, so it naturally has a lot less volume until very close to expiry.