I propose starting a
’Nobody’s Folder’
for posting things when we don’t have a specific-existing folder.
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Unveiling the electron’s motion in a carbon nanocoil http://scienmag.com/unveiling-the-electrons-motion-in-a-carbon-nanocoil/
CDNL deep – New Sales, CAMWATER, Project Update, and Debt Reduction
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Kevin Jones – CDNL @krjcardinal 6h6 hours ago
With a busy month ahead we have decided to post a mid month update!…
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Kevin Jones – CDNL @krjcardinal 6h6 hours ago
http://redbirdsystems.info/2016/05/17/new-sales-camwater-project-update-and-debt-reduction …
The truth isn’t that out there: Aliens existed in the past – study https://www.rt.com/usa/343255-aliens-space-existed-probably/
Get your investing on http://www.stockgumshoe.com/2014/11/first-steps-and-favorite-tools-for-new-investors/
Subscribe to the articles of interest. #Stockgumshoe … #Amazing #Gummunity 🙂
Love the link 🙂 Thanks.
“Vampire Squid” is everywhere! 🙂
Would you be able to handle an ear-splitting airgun going off every 10 seconds? #SonicSea
5 More Things You Didn’t Know About Ocean Noise Pollution
Sonic Sea Premieres Tomorrow 9/8c Simon Allardice Retweeted
Discovery @discovery 8m8 minutes ago
Using the sharp drop in gold/silver I rolled up some of my SLW covered calls–without out of pocket money. Rolled up from 17 to 20 and from 18 to 22 strikes and from Jun 2016 to Sept 2016.
Anyone interested in options?
Anyone interested in shorting?
Anyone interested in shot term trading?
I appears that you are not a novice to options, as such we look forward to your instructions on the subject. Our posting thread for such has traditionally been here: http://www.stockgumshoe.com/2014/04/microblog-options-understandings-and-tactics/ Best2U4U stkgumsh and Gummunity 🙂 – Benjamin
Personal update:
Stopped and reversed the NFLX short. It trades well when Robots are done …
Adjusted my covered calls–posted details earlier.
Added to IAG as “they” attack &down grade it.
long stater position in SAND.
No follow through in OGXI but it may into the close
Sometime ago bought few shares of MBVX reading that Dr. Frost bought 5% of it for OPK! It is moving today because they are presenting… it is just a “game” 🙂
Maintain that USD is still in downtrend until Charts-Family say otherwise 🙂
Good morning to all. I must tend to some business and leave the market now 🙁
I Will post over the week and follow up on options and shorting, etc.
A great day to you all and as I leave you with a favorite of mine:
“Live as if you were to die tomorrow. Learn as if you were to live forever.”
― Mahatma Gandhi
We’ll miss ya. Thanks for the marvelous quote. 🙂 T.G.I.F. Have an #AwesomeWeekend and #Beyond.
Personal update of 5/25/16:
1 Watching gold & silver. Silver is stronger. GDX drops to 50ma and bounces up. DXY remains contained in the down channel.
2 Price and volume in ANTH & OGXI indicate either accumulation or distribution. Volume Weighted Average Price for both indicate accumulation. Time will tell.
4 Long and bullish on CLF. Relatively high beta. Has gone from single digits to 100 plus twice. I am looking for a modest 10!
5 out of NFLX
6 HIMX-thanks you Travis for your coverage of VR. I have been in and out of HIMX for a few years. A tough stock for it offers no “easy money.” Whenever charts get to be ideal comes and down grade and sell of. ! Poor PR does not help and I know them first hand.
I am short Jun puts and. Super low beta.
7 Personal preferences aside; FED and other Central bankers are not bunch morons! One good thing I learned long ago is “not to fight the Fed” for they “host” the Financial-Parties where no invitation is needed. All one has to do is show up. Some are so early to the party they eat and drink in the kitchen!? — for it is good to have friends.
8 Oh, IMO: Real estate is is local, is not in a bubble, is the greatest path to financial independence, it is partially subsidized, it is one of the best places to park money, but of course it also fluctuates.
Wished I had suggested “Open Folder” and not “Nobody’s Folder” name.
Would Travis be kind enough to change it?
Doubtful 😉
Another navigation tip for you is to find articles written by members and look up last 20 posts by author. For example: http://www.stockgumshoe.com/author/sogiam/ & http://www.stockgumshoe.com/author/dr-kss-md-phd/ Best – Jammin’
Thanks, I really would like to understand more about the options and what you do to short the market. Kinda advanced for me. I have done some puts to acquire some stocks maybe at a reduced price, some were assigned and some expired.
Greeting to all:
Here is my follow up on the topic of “options” and “short selling discussion” with things I have learned over the years. While not a “novice to options” I am certainly not an expert either. Please know me a “C+” option-player and short-seller and consider C+ a low ranking for such difficult and important games.
Desire to improve skills was my primary reason to suggest discussions of options and shorting. Besides, I strongly believe, we all need to know a little about options and a little about shorting even if we never use them! For surely others players use them with stocks we may own! Good examples are the heavily shorted OPK and RLYP. I own both.
Below is a partial list of why I use options and sometimes short stocks. The list is personal, incomplete, not original, not just copy/posted here, list is from memory, it can and NEEDS to be improved, is offered to start discussions and is for your CCCC: Consideration, Correction, Criticism, and perhaps Compliment!
On the subject of shorting:
1. All players considering to buy or those holding long and short positions must know enough about “Short-Interest” and especially be aware of the “trend” or “rate of change” of the short-interest. Unfortunately, general public has no access to up-to-date data and almost never any knowledge of “Naked” shorts—a huge and unfair disadvantage.
2. Selling to close a long position and selling to initiate a short position have many similarities. A player who is good at selling would be a good candidate to become a successful short short-seller. Personally and unfortunately, timely selling is my greatest weakness and in retrospect for obvious reasons: *1) Timely selling is the toughest part of playing the markets and the bigger the position’s loss or gain the tougher decision. *2) Almost 95% of my market hours were devoted to “when to buy” and only 5% to “when to sell” a huge and costly MISTAKE. *3) Holding too many positions to manage properly.
3. Having reversed my focus from buying to selling I am now focusing on selling and have started to short more.
4. Finally, I am hoping the topics of “when and how to sell” as well as the topic of “short-selling” gains interest and some “learning to fish” replaces some of the “which fish is better.” Not that I don’t value specific discussions of specific stocks…
On the subject of Options:
1. Let’s agree first and foremost: *a) Options are more difficult to play correctly than stocks, *b) Options have many parts, *3c) Selling options (which I strongly prefer) requires patience and flexibility,
2. With options, the first thing to learn and appreciate is the relationship between calls and puts. Here is the magic formula:
Long Stock = Long Call – Short Puts
Above three-variable-equation maybe re-arranged to create useful combinations. For example, we can be long a stock without buying it as shown above. Simply buying calls and selling puts on a stock does the job (keeping the same strike and expiration while ignoring dividend, interest, and commissions)
Do we wish to short a stock with option only? Just multiplying both sides of the equation with a minus sign show us how: Sell calls and buy puts (where + means Long and – means short)
3. Options (derivatives) are time based and require understanding of the underlying asset: Which is a fancy way of saying; a stock-option is a “BET” in time and in price movement of a stock.
4. Options have become the tail that wag the dog… Even when we are not in options they impact our holdings.
5. Options are used for speculation as well as for hedging. As a hedge, options alter risk/reward of the position. When used by “major” players it makes knowledge of their holdings of much of less value to average players. For example, when we read Hedge Fund XYZ is long stock ABC and yet we do not know if and how the Fund is hedged, the information becomes ambiguous and difficult to profit from. Examples: SOROS has bought gold, Icahn has bought AAPL, so I better rush and buy some too! Oh, if it were that easy! For just as bought AAPL (I did not) Icahn tells the he is out! In markets, partial information is worse than no information! Often, partial information is misleading or worse a misdirection—again IMHO (in my humble opinion) and for FMM (for my money) only.
6. Options are to be sold and not to be bought—at least 90% of the time! Personally, I just don’t buy options and almost always sell them. Why? Statistics! For most options expire worthless… the topic is beyond this post and can easily be searched.
7. I sell “out of the money” calls on stocks I own and Sell “out of the money” puts on stock I am willing to buy at lower prices. Two months out (or shorter) is my preferred time frame when initiating a position. Here is a real time example:
I am:
Long X number of OPK shares, short OPK June 11 calls on all X shares, short OPK Jun 10 puts on ½ X shares of OPK.
Strategy from now to expiration: *1) Do nothing if price oscillates between 10$ and 11$. *2) Roll up or down as price movements may require. *3) Buy more shares if OPK price drops below 10. *4) Cover one side (leg) with a loss (there is risk) as the other leg expires. *5) Should OPK moves sharply up or down before expiration (Third Friday in June) I will use the two collected premiums to manage the position—this is the most undesirable case and why knowing OPK well is mandatory– which I do 🙂
8. There is no easy money in options. Options are mostly controlled by the “House!” And the House is the Gatekeeper and always paid first.
9. Selling options is much more profitable than buying them—IMHO and FMM–and in the long run when done somewhat (!) correctly and conservatively.
10. Finally, I just don’t have enough time to learn more about options. My 24 hour a day market-work leaves me no time to study Option-Greeks. So, I plan to get up an hour earlier tomorrow and study them!? 🙂
HAPPY SUNDAY 🙂
Guten Sontag to you, ben. Just a thought. Every transaction has a buyer and a seller so when you sell a stock or buy a Put option it is said you are shorting or going short.
Therefore when you SELL a Put to balance the Put buy another makes, you are actually going long as you expect the stock to either stay the same or to rise before settlement. It is one strategy to buy a stock or go long at a price reduced by the premium.
When a person buys a stock or buys a Call they are going long, expecting the stock price to increase, considerably so by a certain date in the Call buy.
When you SELL a Call to balance the purchase by another, some consider that as as going short. It actually is not and in fact is mildly bullish in that you expect the stock to either stay the same or rise or fall only a small amount.
If you expected the underlying stock to plummet you would wisely sell immediately, and definitely going short, not fool with an option. Getting those concepts correctly and the language used is what confuses most.
The actual buying and selling of options should not be difficult unless you get into multiple deals at once in Spreads Collars, Iron Condors, Strangles etc. which need more understanding but at times prove useful. Simple selling Puts and Calls can make a little money in a sideways market.
Greeks are out of my league as I usually just sell Puts and Calls, occasionally, spreads or strangles. IMHO I hope that helps a little.
Hi Arch1, good points, and I thank you.
The greatest benefit of option-selling is in “selling” calls near the highs and “selling” puts near the lows and the advantage of selling first. As weak as I am in timely sales I time the options right most of the time! As I type, I am short 8 options and all are green. 8 out of 8 green never happens to my stock positions!
All the best,
I am short BABA.
Charts + Chanos research track in shorting are enough for me!
RT price is 75.43
After reading Deutsche Bank analyst Alan Hellawell’s buy on BABA I am wondering if I should add to my short, for he turns and twists and hedges his contradictions. What a way to make a living 🙂
he said he “would never be dismissive of an SEC inquiry,” but added that dialogues like the one disclosed by Alibaba occur with “some regularity” between the SEC and other Chinese Internet companies listed in the U.S. Such investigations are sometimes due to the SEC being unfamiliar with various constructs companies like Alibaba use, he tells investors. The firm maintains its Buy rating on Alibaba, but Hellawell said he is looking forward to more detail on the SEC’s exchange with the company when documents are made public by the regulator.”
The last line of defense is 200ma at 73.84. Break that and there is only air-support down to 60. Let see who else defends it. I have forgotten who the under writers were.