Update sold out after hours @ $2.35
Am holding 101 Jan 19 11.75 F calls expiring soon. $7k basis, $14.4 @ close
Not sure what Iâm gonna do with them yet. Probably exercise a few, roll a few, and sell a few. Based on past years F should announce Divi sometime before the 19th.
Also 200 Mar calls at $44k value $26k basis but those are further out. I think Iâll not exercise these Jan ones because the March ones have larger gains and am trying to keep STCG low to avoid the now increased single marginal tax rates. $30k STCG would put me up at 32% instead of 24%. I could potentially exercise most of the March calls and sell LTCG stock.
Has anyone figured out yet if transferring STCG assets into a sole owner pass thru allows the passthrough deduction or stocks wouldnât work? Or does the passthrus start in 2019 like Corp rates?
F and the other autos might do well if/when the Supreme Court rules against some of those mandatory union dues later this year.
Youâre no help! I was fishing for reasons to sell down more quickly than planned. As it is, i think Iâm just planning to sell some of what I picked up when back at <$11 6 months ago.
I kind of kept adding on the way down.
Bought GE today @18.29
ouch F, gave up 2 weeks of gains in after hours.
Doh. Looks like they missed.
All I know is a majority are seeing a downturn, I think we have another 6-9 months.
No miss, just they projected high 2018 R&D spend and lower earnings for 2018 than âexpectedâ. $1.45-$1.70 expected for 2018 vs âanalyst averageâ of $1.62, which is within the range âŚ
actual ER isnât until later in the month. 7% drop from the high todayâŚ
Is market every going down? Time to dump all funds into anything and everything?
Still holding GE, might have bought too soon but I plan to catch some spring board action.
I set a new personal record. 24hr loss. Or really 24hr $ change, + or -. About 1.5-2x my previous from a couple years ago.
From peak yesterday (which was a new all time high) I was down about $75k at one point today. In consolation, about $40k of that didnât feel ârealâ anyways as it came up in only 2 weeks of 2018.
Monday I should have sold just a little F options though. I was off work and also I was noting to myself âIâve got more options than I intended (b/c of short term run-up)â and was just waiting to do sometime this week before Friday expiration. I should have sold just a few and also moved some up to higher strike⌠and prolly saved $20k. Easy in hindsightâŚ
Wow, 131M volume today vs 33.6M avg.
On bright side, AAPL new high
Itâll come back your way eventually. This is Ford weâre talking about, I remember buying it around $3 and being stoked it was up near $4 when I sold.
Buy to Open 20 Contracts UA Jan 26 2018 10 Calls Limit at $2.35 (Day) Filled at $2.35
underlying was trading at 12.30 when I bought. Lets see what happens. UA has been having HUGE swings lately and it just got nailed yesterday. Looking for a bounce tomorrow or early next week. Problem with UA is it is trending down not up.
edit: a word
Xerty, whats your take on GE?
No real view, really big stocks are too hard. Thatâs one ugly chart for the last few days tho.
Yeah that small uptrend looks destroyed
01/19/2018 Sell to Close 20 Contracts UA Jan 26 2018 10 Calls Limit at $2.75 (Day) Filled at $2.75
I got zero, nada, zilch, bupcus for time value on these. Usually I can squeeze a few cents, but MM wouldnât give me anything. I thought about holding, but it hit my target so I sold. I have not sold in the past and gotten screwed. I marched my sell price down to 2.75 while underlying was at 2.70. I then watched closely as the price went up. These didnât sell until the underlying BID was at 2.75. MMs must think there is a lot of risk in these.
This thing looks horrible. I was initially thinking of buying it if it hit $15, but now I am thinking it needs to go lower than this to be interesting. Their reduced dividend is now a 2.9% yield, which sounds okay, but even that does not seem 100% safe.
I think below $15 the stock looks interesting, closer to $12-$13 and I would def be interested.
This is a stock where you should be nibbling, so you always have enough cash to add more as it continues lower.