**OFFICIAL** Trading and Investing Thread- Part -X-

[Mlinebacker0]

Any canadian brahs invest in alot of canadian banks? They offer high dividends and look like a really safe investment longterm

im new to investing but love the idea of dividends and looking for some good safe ones early on

Also was thinking of investing in Chartwell retirement residences, their growth has been pretty bad last few years but they are almost guaranteed to blow up with the baby boomers right?




Also might put 5k on various green stuff stocks, they have really blown up last few years

Avoid Canadian banks like the plague my man.

[Dre4]

Any canadian brahs invest in alot of canadian banks? They offer high dividends and look like a really safe investment longterm

im new to investing but love the idea of dividends and looking for some good safe ones early on

Also was thinking of investing in Chartwell retirement residences, their growth has been pretty bad last few years but they are almost guaranteed to blow up with the baby boomers right?




Also might put 5k on various green stuff stocks, they have really blown up last few years

TD and RY holder checking in. Also have BCE, FTS, T.TO, and H.TO. Tempted to dump the last 2 and buy US dividend stocks in industries Canada doesn't offer much in terms of dividends (tech, defense, consumer staples, etc.). LMT and MSFT are high on my list, but PM, PEP, and KKR also interest me.

In other news, I just opened up options trading for my account.

[cornman99]

Avoid Canadian banks like the plague my man.

lol

[RobParks2M]

where my value investors at? the long termers. I don't know puts and calls. i respect the craft. but i am all about the buffetology. love blood on the street.

anyone else take advantage of the ******** dip today?

"Take advantage" lel. Nah I'm not long FB right now

[influencerman]

What stocks do you recommend for the next part of the year?

[RobParks2M]

What stocks do you recommend for the next part of the year?

How long are you thinking of holding?

[MillerDecaXC]

What is ya'll opinion on Ford? I got in 3-4 months GO AT $11.02, watched it climb way up then back down, for some dumbass reason I decided to "average down" and bought some more at $10.90 right before the dividend, needless to say im balls deep red.

I guess im stuck holding for awhile, my question: average down again? wait and average down in the future? or just hold what I got? (My investing plan from now on is to hold 3-4 good dividend blue chips and throw the rest of my $ and all future funds into Dow and S&P ETFs)

[WhAtNoWbChSs]

What is ya'll opinion on Ford? I got in 3-4 months GO AT $11.02, watched it climb way up then back down, for some dumbass reason I decided to "average down" and bought some more at $10.90 right before the dividend, needless to say im balls deep red.

I guess im stuck holding for awhile, my question: average down again? wait and average down in the future? or just hold what I got? (My investing plan from now on is to hold 3-4 good dividend blue chips and throw the rest of my $ and all future funds into Dow and S&P ETFs)

Just hold and collect the dividend. The share price will go back up at some point hopefully.

I will say that if we have another recession autos will prob take it on the chin again. They don't seem to have very good defensive properties unlike consumer staples or pipelines.

[RobParks2M]

What is ya'll opinion on Ford? I got in 3-4 months GO AT $11.02, watched it climb way up then back down, for some dumbass reason I decided to "average down" and bought some more at $10.90 right before the dividend, needless to say im balls deep red.

I guess im stuck holding for awhile, my question: average down again? wait and average down in the future? or just hold what I got? (My investing plan from now on is to hold 3-4 good dividend blue chips and throw the rest of my $ and all future funds into Dow and S&P ETFs)

I've been holding ford for like 6+ years, but part of me thinks they are crumbling. I've pretty much decided to go down with the ship at this point. Considering I bought 50 shares at the time and I've got close to 60 now I'm probably not down as much as it looks like, but I'm not a huge fan of their current direction. Once gas gets to $4-5 dollars a gallon again (which it will easily because of all the added taxes we pay on each gallon since gas prices had gone down significantly at $40 a gallon). Suddenly no one is going to want big vehicles again. At some point they will be cutting the dividend too...

[tunafish01]

Can uber and airbnb go public already? Thanks

[RobParks2M]

MRO calls
Netflix short term calls leggo

EDIT:

TSLA shortsqueeze anyone? Yee we see short squeeze- sadly we won't see big moves down from tesla regardless of earnings. IMO calls for this week/next> than puts

[Venom08]

AAPL earnings tomorrow after the bell....

[WhAtNoWbChSs]

AAPL earnings tomorrow after the bell....

hoping for a big miss and that QQQ rising wedge breaks to the downside.

[romajc]

Thinking of getting long TLT, GDX, SLV with some poor man covered calls. What are some other good recession proof equities?

Want to protect myself from another bursting bubble. Feel like we are in a similar situation to 2008 except much more exacerbated.

Inflation is kicking in. The debt has more than doubled. Interest rates are gonna go up.... don't see how we pay government bonds. Household debt at all time highs. Banks still giving out too much risky money. Student loans.

Stay safe brahs.

[dopamine72]

where my value investors at? the long termers. I don't know puts and calls. i respect the craft. but i am all about the buffetology. love blood on the street.

anyone else take advantage of the ******** dip today?

Here, AMZN and NFLX my main plays for past 3+ years been slowly building positions

In a good amount on T also for that dividend, hoping it'll start doing better soon now that it has TWX

ACBFF, CGC and APHQF still holding for over a year its been a roller coaster

I do a little swing trading too but still have yet to dabble with options...soon.jpg

[RobParks2M]

Thinking of getting long TLT, GDX, SLV with some poor man covered calls. What are some other good recession proof equities?

Want to protect myself from another bursting bubble. Feel like we are in a similar situation to 2008 except much more exacerbated.

Inflation is kicking in. The debt has more than doubled. Interest rates are gonna go up.... don't see how we pay government bonds. Household debt at all time highs. Banks still giving out too much risky money. Student loans.

Stay safe brahs.

doom and gloom huh fella? It certainly feels topish since expectations have been crazy high for every company. Once expectations simmer down I think we see solidly profitable companies making big ground over these start ups that are a money pit if they don't manage to be highly profitable soon. Amazon, for one, timed their profitability well. Tesla is a GD dumpster fire and people will panic soon enough. $100 puts will be valuable soon(6months - 1 year) methinks.

[WhAtNoWbChSs]

Thinking of getting long TLT, GDX, SLV with some poor man covered calls. What are some other good recession proof equities?

Want to protect myself from another bursting bubble. Feel like we are in a similar situation to 2008 except much more exacerbated.

Inflation is kicking in. The debt has more than doubled. Interest rates are gonna go up.... don't see how we pay government bonds. Household debt at all time highs. Banks still giving out too much risky money. Student loans.

Stay safe brahs.

consumer staples, utilities and pipelines. they dip at bit but nothing too drastic. Why TLT?

damn AAPL. might cover my short tomorrow.

[romajc]

doom and gloom huh fella? It certainly feels topish since expectations have been crazy high for every company. Once expectations simmer down I think we see solidly profitable companies making big ground over these start ups that are a money pit if they don't manage to be highly profitable soon. Amazon, for one, timed their profitability well. Tesla is a GD dumpster fire and people will panic soon enough. $100 puts will be valuable soon(6months - 1 year) methinks.

I still keep on trading as usual with all other equities. More of a hedge. Don't really trust our economy as it stands. Until we cut some government spending I will be skeptical. What has changed since 2008? Besides more debt and more spending.

consumer staples, utilities and pipelines. they dip at bit but nothing too drastic. Why TLT?

damn AAPL. might cover my short tomorrow.

Figure people would move into bonds if moving out of the market. Also all 3 are at extremely low IV percentiles which is about the only time I'd ever initiate a PMCC.

I don't buy options 99% of the time. Prefer to sell premium.

[RobParks2M]

I still keep on trading as usual with all other equities. More of a hedge. Don't really trust our economy as it stands. Until we cut some government spending I will be skeptical. What has changed since 2008? Besides more debt and more spending.




Figure people would move into bonds if moving out of the market. Also all 3 are at extremely low IV percentiles which is about the only time I'd ever initiate a PMCC.

I don't buy options 99% of the time. Prefer to sell premium.

Jobs strong AF. Discretionary spending is huge ATM. That kind of momentum can drive an economy for now.

[DonkeySlap101]

Here, AMZN and NFLX my main plays for past 3+ years been slowly building positions

In a good amount on T also for that dividend, hoping it'll start doing better soon now that it has TWX

ACBFF, CGC and APHQF still holding for over a year its been a roller coaster

I do a little swing trading too but still have yet to dabble with options...soon.jpg

right on man. it really helps as a long term investor to know that in the long run the ticker don't matter, but it sure is addicting to look at. I did an analysis on T for my buddy who is a financial analyst just to learn the ropes in the world of investing. I totally think it is an undervalued company and will do very well in the long run. I also did one on wells fargo and took a position in them a few months back.

Apple and ******** are my tech positions. Both will do very well in the long term, i am confident in that. This ******** dip doesn't scare me as a long termer. it provided me the opportunity to load up another 10k .

compound interest FTW


i gotta say though. the puts and calls options are definitely enticing and look exciting lol. i just have no idea how to do em and if i did it would probably consume me , because its basically gambling lol. 98% of day traders don't survive and i would be another one if i got into it lol.

[RobParks2M]

I don't know much about FB, but apple is a solid long term investment.

Options, to me, are fun to play around with and I've done surprisingly well the last couple weeks.

I managed to exit my RAD options for $2 at 10 cents a contract so marginal gain, but at least I didn't lose anything and covered the small loss I took trying to trade FB. Waiting to see what Netflix does tomorrow I think tech rallies so I might try FB again. Trying to decide which side of the fence I want to play with tesla...

with short term options there are really only 2 things that matter. 1- volatility for a big move and of course 2 picking the right direction

[romajc]

Options just give you leverage and many more ways to trade the market.

You can make money in options whether the market moves up, down, or goes nowhere. You can play for volatility expansion or contraction. And you can mix and match all of the above.

I prefer to stay neutral in direction and play for volatility contraction. But most here seem to do the opposite.

[romajc]

From a buying power reduction stand point I really see no reason to ever buy stock unless it is a really low priced stock. You can always use options to synthetically mimic stock for much much lower margin cost.

[WhAtNoWbChSs]

exited my TMV today at 20.50 for gains. that had some scary moments. I guess holding 3x for weeks on end is fine after all . Strong hands.

Glad I fomo'd into TAP yesterday at 67 looks hnnnnnng so far.

[RobParks2M]

Lol at watching the options on tesla. There must be a lot of interest in both the puts and the calls because tesla was up like a dollar or something but all the calls and puts were still positive and even the ones for friday cost like $1200 a contract close to otm. Tempted to write contracts both ways and hope the swing isn't too wild in either direction.

[DonkeySlap101]

can someone show me a good website to learn options for dummies lol. i wanna check it out for funsies.

[romajc]

Lol at watching the options on tesla. There must be a lot of interest in both the puts and the calls because tesla was up like a dollar or something but all the calls and puts were still positive and even the ones for friday cost like $1200 a contract close to otm. Tempted to write contracts both ways and hope the swing isn't too wild in either direction.

That's what I did. The ROC was so high I couldn't pass it up. I try to avoid writing naked options on earnings plays but these were just too rich to pass up. Hopefully doesn't bite me

Sold the Sep 21st 340C/265P. It was around $2300 credit for only around $3200 of my margin. $45 of Theta decay per day.

[romajc]

can someone show me a good website to learn options for dummies lol. i wanna check it out for funsies.

https://www.tastytrade.com/tt/learn

[RobParks2M]

That's what I did. The ROC was so high I couldn't pass it up. I try to avoid writing naked options on earnings plays but these were just too rich to pass up. Hopefully doesn't bite me

Sold the Sep 21st 340C/265P. It was around $2300 credit for only around $3200 of my margin. $45 of Theta decay per day.

Ayyyy lmao dat dere short squeeze was strong today

[romajc]

Ayyyy lmao dat dere short squeeze was strong today

Yup. ****ty trade so far. I've still got around 25 days and $2600 of extrinsic to go through so we shall see.