Author Topic: Stocks  (Read 447207 times)

Offline miles lover

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Re: Stocks
« Reply #3465 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 #3466 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 #3467 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 #3468 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 #3469 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 #3470 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 #3471 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.
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Offline miles lover

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Re: Stocks
« Reply #3472 on: January 17, 2019, 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 #3473 on: January 17, 2019, 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?
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Offline yos9694

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Re: Stocks
« Reply #3474 on: January 18, 2019, 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.

Offline ExGingi

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Re: Stocks
« Reply #3475 on: January 28, 2019, 06:16:05 AM »
The tragedy in Brazil brings back memories of the investment opportunities that existed due to the Deepwater Horizon oil spill.

Brazil markets were closed when the dam broke, ADRs took a significant hit (my guess is thatís thereís more downside today as the death toll is rising, along with criticism of such a disaster happening less than 5 years after a similar one (previous one being much larger in volume, but lower death toll).

In any event, in situations like these I think the stock is way too risky, as governments might end up forcing a breakup of companies involved in environmental disasters. However there might be good opportunities in trading the bonds, as thereís definitely underlying value to the company.

Back in the Deepwater Horizon days there was some nice money to be made trading or investing in BP bonds (they were selling at about an 8% yield at a time of very low yields everywhere IIRC). I regretted not going into that trade with a more substantial investment.

I havenít looked into VALE bonds yet, but I would guess that they might not have the same market as BP bonds.
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Offline ludmila

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Re: Stocks
« Reply #3476 on: January 28, 2019, 04:47:07 PM »
The tragedy in Brazil brings back memories of the investment opportunities that existed due to the Deepwater Horizon oil spill.

Brazil markets were closed when the dam broke, ADRs took a significant hit (my guess is thatís thereís more downside today as the death toll is rising, along with criticism of such a disaster happening less than 5 years after a similar one (previous one being much larger in volume, but lower death toll).

In any event, in situations like these I think the stock is way too risky, as governments might end up forcing a breakup of companies involved in environmental disasters. However there might be good opportunities in trading the bonds, as thereís definitely underlying value to the company.

Back in the Deepwater Horizon days there was some nice money to be made trading or investing in BP bonds (they were selling at about an 8% yield at a time of very low yields everywhere IIRC). I regretted not going into that trade with a more substantial investment.

I havenít looked into VALE bonds yet, but I would guess that they might not have the same market as BP bonds.
Which stocks are you looking at?Vale?
« Last Edit: January 28, 2019, 04:50:08 PM by ludmila »
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Offline ExGingi

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Re: Stocks
« Reply #3477 on: January 28, 2019, 04:56:57 PM »
Which stocks are you looking at?Vale?

I am trying to look at VALE bonds. The stock is taking a serious beating since Friday, and is still extremely risky IMHO. If the bonds get equally punished, I think they might be attractive, as I believe there's enough value there to be protected, even in a worst case scenario (think PCG - and I still view that as risky even with the latest news https://www.cnbc.com/2019/01/28/pge-shares-rise-15percent-following-report-of-4-billion-plan-to-avert-bankruptcy-stock-halted.html).
« Last Edit: January 28, 2019, 05:01:30 PM by ExGingi »
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Offline ludmila

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Re: Stocks
« Reply #3478 on: January 28, 2019, 05:01:14 PM »
I am trying to look at VALE bonds. The stock is taking a serious beating since Friday. If the bonds get equally punished, I think they might be attractive.
Thanks, worth keeping an eye, on the stock too. I am not experienced with bonds ,please update if you think they are a buy. I added the stock to my quotes screen.
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Offline ExGingi

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Re: Stocks
« Reply #3479 on: January 28, 2019, 05:03:58 PM »
Thanks, worth keeping an eye, on the stock too. I am not experienced with bonds ,please update if you think they are a buy. I added the stock to my quotes screen.

When environmental catastrophes happen, coupled with loss of human life, the stock is pure speculation in my book, as I can see scenarios where the government will put the company out of business for political reasons (which is why I didn't touch BP stock during the Deepwater Horizon debacle). But since there's real underlying value, I think that bonds are relatively safe bets. Might not make outsized returns that one might see with the stock, but not-so-shabby returns are definitely in the cards (as they were for BP bonds back then).

FTR, I do have a small long position  (after I sold most of my position quite a while ago) in VALE which is significantly up from my entry point.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan