Favorite team:Virginia 
Location:Virginia
Biography:Trying to be a better person today than I was yesterday.
Interests:Cars, Racing, Investing... Cars, Racing
Occupation:
Number of Posts:4136
Registered on:5/1/2015
Online Status:Not Online

Recent Posts

Message
[quote]That said currently the risk is to the downside. Elliot Wave chart not hitting $1,100 on the recent recovery afree April lows indicates below $700 more likely than $1100 after earnings next week.[/quote] No offense, but I’ve never found Elliot Wave theory to be an overly useful indicator w...
[quote]Sounds like you’re both preparing for doomsday, just in different ways.[/quote] Sounds to me like he’s running a farm business. [quote]All my extra $$ goes back into the farm, fertilizer, spare parts etc.[/quote]...
In tax advantaged accounts (IRAs, 401Ks, HSAs, etc.), no. In taxable brokerage accounts, it depends on whether you sell and/or what the dividends and capital gains distributions might be. Look to broad based ETFs with low expense ratios. What RED BEER posted is good advice. And most of all, when...
As best I can recall, I started out by doing it once per year; I let the company’s contribution hit and let my payroll contributions build up, then I’d make the transfer late in the year (I think I used Optum for my own HSA account back then). I can’t remember how I linked the accounts initially, bu...
[quote]Is this easily done online?[/quote] It probably depends on the provider. But with the three different providers that my company used in the time that I was there, I was always able to do the transfers online. ...
[quote]Any benefit of going to fidelity? How do taxes work? Do I contribute after tax money and then get the taxes back on that year’s tax return?[/quote] If you are able to do it the way that I described above, you won’t need to worry about any of that. Just always remember that the company’s co...
I had a similar issue when I was employed. Since your employer contributes a certain amount per year (mine also made an annual contribution), they likely will only contribute to the account that they set up. But you should be able to make transfers into an HSA account that you establish with another...
[quote]have a habit of trying to earn premium with about 20% of my biggest holdings.[/quote] OK. Thanks. Just curious. I noticed that your AAPL triggered at 190. I don’t know about Cigna (not one I follow). Not a bad approach, as long as you’re following some sort of methodology. I keep a cert...
[quote]Setting stop less orders. 190 for Apple, 330 for Cigna.[/quote] Pretty tight stops. I’m assuming these are swing trades and not investment positions?...
[quote]I think he believes it was still fundamentally undervalued at that price.[/quote] [img]https://media1.tenor.com/images/2a24e9595bc5cdb7c08ed9b11d578e64/tenor.gif?itemid=11771057[/img]...
[quote]If it’s the guy who runs his own lot and wears a cowboy hat on commercials, then you can be pretty sure he’d take cash off the books and give you a better deal.[/quote] Problem there is, [b]that’s[/b] the guy you don’t want to be buying a car from in the first place. :spank:...
[quote]Help me understand this. If she buys call options on the 21st with a strike at $200, the stock was trading at $260ish…..so wouldn’t she pay a premium because she’s already in the money? If she was playing some long game wouldn’t it make more sense to buy a strike a little higher than the...
What did he say that makes him a dork?...
[quote]Ended up parting ways with one of them today at 1400% gain.[/quote] Congrats. Nice half court 3. :cheers:...
How long have they been in existence? What do the financials look like? What caused it to go from $25/share to .73/share? And over what period of time did that precipitous drop take place? IMO, all questions you should get solid answers to before relying on what friends or colleagues are doing. ...

re: Options Trading Thread

Posted by Jag_Warrior on 5/16/24 at 10:09 am
[quote]Selling covered calls on SQQ is not going to make up for the brutal decay factor inherent in a 3x inverse leveraged ETF.[/quote] Not a product or strategy that I’ve ever looked into - mainly because of contango and the risk inherent in being long leveraged products. So just a question ...

re: Options Trading Thread

Posted by Jag_Warrior on 5/16/24 at 10:02 am
[quote]Bumping for Jag and Friends[/quote] Thanks. :cheers: Jag wishes the VIX/IV on SPX would pop, so that premiums would get off these minimum wage levels. :lol: With the VIX being in the 12s, it’s difficult for me to do my “normal” trades without having to get too close to the flame, and...
[quote]el Gaucho[/quote] [i]Annnnnd[/i]… he’s back. :lol:...

re: Ian explains GameStop

Posted by Jag_Warrior on 5/16/24 at 8:16 am
[quote]so called "conspiracy theories" are statistically nearly always true.[/quote] Could you share those statistics and/or provide the sources?...
[quote]Freaking out? I went 100% cash Thursday. Why would I be freaking out ?[/quote] :wha: :speechless:...