re: Stocks on your watch list

WORK up 8% today. Hopefully it's finally catching up to the rest of the tech sector.

I decided to hop back on the IDEX train...probably will try and flip it

ETA: I downvoted myself

correct that is also how I understand it

quote:

---

help a brother out...
show me the trade like i know nothing

---

if you believe the stock is going to shoot up on the short term instead of buying 20 shares (roughly $5000 based on this morning price) , as you alluded to could have bought 270 calls ($20/contract as of this morning, contract=100 shares). For this exercise, let's say you bought 100 July 10th calls ($2000 total cost). You'd be up 600% today (same call is $140/contract as I type this).

Now what's the downside here, it's the $2000. You could lose it all, as July 10 is in two days. Whereas with a stock, you can wait things out for recovery. Also you don't have to wait until July 10. You could close them and sell it right back in the market after today's jump.

But it works here because you personally expect this move to happen in short order. Also you could risk less money.


Now I personally don't feel like this split will provide this opportunity, but if you believe that then the best play here is a call.

quote:

---

thanks for the education
I’ll look into this strategy. I’m gonna be honest I don’t really understand how it works but I’m sure I can figure it out

---

Yeah it's not rocket science. I think people see horror stories and freak out, which is warranted. But like I said, if you stick to just regular call/puts, your maximum loss is known to you up front. It's whatever you put in. That's it.
Now you can get exotic with it, but that's where you can lose your shite.

Started a position in Seattle Genetics (SGEN) today. Would be glad to build it out at these levels or below. Or if it rockets up, that’s a win too.

Check out DQ. I have had quite a ride so far. Thanks for the FSLY and LVGO, you made me a lot of money!

I’m passing on a Chinese pv panel silicon maker.

do you have any industry or growth funds otherwise?
everyone should own AAPL, MSFT, AMZN, GOOGL etc, I own a lot of each but it’s in growth and tech funds.

if you don’t have those buy into funds or their corresponding ETFs. Do not pass Go until you own some of them, that’s the economy right there. You are negligent with your money until you do

for an individual equity account (in addition to the funds) look at CRWD, DDOG, SQ, SE, PINS, TWTR, FSLY, NET, LVGO, TDOC, ETSY, TTD, ROKU, etc. that’s a lot of tickers but that’s where the growth is right now.