**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION

[RobParks2M]

Dear diary,

Today I bought KR Oct $60 calls for $55 and $65 for $30 with more orders in for $20 each. IV crush was significant today and solid earnings will drive further results once the Albertsons merger goes through. Honestly even if the merger doesn’t go through I think the market will be happy it’s decided one way or another.

I also rolled my EGY $5CC for July to Oct at $6 for a $25 credit each. Break even is $6.70 now

Edit: adding to my position as it drops for KR. Just added at 60 strike for $45 and 55 strike for 2 calls at 55 for $1.15 this sell off is strange.

[SipNPiz]

Dear diary,

Today I bought KR Oct $60 calls for $55 and $65 for $30 with more orders in for $20 each. IV crush was significant today and solid earnings will drive further results once the Albertsons merger goes through. Honestly even if the merger doesn’t go through I think the market will be happy it’s decided one way or another.

I also rolled my EGY $5CC for July to Oct at $6 for a $25 credit each. Break even is $6.70 now

Edit: adding to my position as it drops for KR. Just added at 60 strike for $45 and 55 strike for 2 calls at 55 for $1.15 this sell off is strange.

Grocery is the least sexy market segment

[Abzu]

Dear diary,

Today I bought KR Oct $60 calls for $55 and $65 for $30 with more orders in for $20 each. IV crush was significant today and solid earnings will drive further results once the Albertsons merger goes through. Honestly even if the merger doesn’t go through I think the market will be happy it’s decided one way or another.

I also rolled my EGY $5CC for July to Oct at $6 for a $25 credit each. Break even is $6.70 now

Edit: adding to my position as it drops for KR. Just added at 60 strike for $45 and 55 strike for 2 calls at 55 for $1.15 this sell off is strange.

Will look into this but I just wanted to come and say damn, lol, you could have made a fn killin on those puts but I'm sure the profits you did receive will help you get over it.

Grocery is the least sexy market segment

I like it, I'm going to check it out and report back later, they generally have great prices on their popular options lol.

What’re y’all using to invest? App/website wise

RH is easy to use but my favorite is IBKR.

[RobParks2M]

Will look into this but I just wanted to come and say damn, lol, you could have made a fn killin on those puts but I'm sure the profits you did receive will help you get over it.


I like it, I'm going to check it out and report back later, they generally have great prices on their popular options lol.



RH is easy to use but my favorite is IBKR.

I had a few $30p I got that I sold at $4.50 from 0.65 I sold today. The $35p could have been crazy though faaaaaak lmao.

Kr does well and they affirmed solid guidance. I don’t understand why they sold off today really. Tons of positive on earnings today and big catalyst with Albertsons merger possibly going through by October. Combined with cheap calls thanks to theta crush and the slight dip the calls seemed cheap especially as I continued buying as they dipped to $49 and started buying the $55C. There is always the chance too that Buffet will increase his stake which could drive more retail buying.

Bought more payow and still buying at 0.205

Trying to decide if I buy FNMA common shares with cash or if I sell preferred shares to buy commons… decisions decisions…

[dankydank]

Market rotation into oil. I could see 10% upside if oil keeps mooning for a few more weeks for Summer. With low IV the calls would still print especially if IV spike from mini pullback occurs. Indexes were trading at like 85 daily RSI

[Elias373]

PLTR with dat bull flag

parabolic move incoming