after one day, already have to morph these JPM plays the front leg of the CALL Calendar spread is already in the $, roll it to to a higher strike call, 2 mos out, netted 5 cents premium. btc july 2020 95 CALL sto sep 2020 100 CALL it has been morphed into a vertical call spread sold another July bullish put spread, netted 95 cents bto july 90 CALL sto july 95 call this additional $1.00 premium collected lowers the cost of the Jan 2022 95 CALL to $5.75; meanwhile, its value has been increased from $11,90 to $13.25
Yay? Boeing resumes production of beleaguered 737 Max planes https://www.cnbc.com/2020/05/27/boeing-resumes-production-of-beleaguered-737-max.html
CRM's earnings call will be tomorrow, after market close the straddle price indicates a move of 5% either direction, within the range from 168.2 to 184.6 the most active 5-29-2020 option is the 180 strike call; at the 180 strike, trades for CALL have been ~ 5 times more active than PUT
Normally, I would agree with you, but in this market, who knows. We have cruise line stocks skyrocketing when nobody's taking cruises.
This will be an interesting earnings call, especially the price action afterwards no matter the news, since there seems to be a sector shift away from tech and into value/garbage the last few days. I'm still down with this stock long-term, though.
I get the feeling my TWTR gonna get jacked again ... Trump will sign an executive order on social media companies: White House spokeswoman https://www.reuters.com/article/us-...mpanies-white-house-spokeswoman-idUSKBN2333BT
in view of the options action in CRM, think it's gonna follow SPLK price action around earning announcement SPLK had a nice gain on the day of the ERS, followed by a nice pop during after-hr trading as the earning call was going on. on the day after, there was a huge pop, like ~~~$20 the fact that CRM was down 5+ pt in the AM, and it managed to eek out an 0.08 gain for the day, on avg volume, bodes well for tomorrow
TSE, not Toronto Stock Exchange but, Trinseo, the mfg/mkt of synthetic rubber, latex, anyone ? it has formed a solid base, and has broken the down trend that was started in Nov. the parabolic SAR confirms that the trend has been reversed. after a 4-day run up, breaking the 6-mo trend line, it is meeting resistance at the 100 DMA ~ 23. should it break thru this resistance level, then it;s the 31% re-tracement at ~26.6 meanwhile trading for CRM appears to be like SPLK on the day of the earnings call
CRM calls printing. Sold about half for profit, will probably hold the rest through earnings unless it jumps hard EOD. Thank you @adoo !
should that happen, for my CRM 170 CALLs that im holding, i will set sell order for at least 10 pts above today's closing price; recall that SPLK had popped ~ 20 pts on the day after ERS. there is a good chance that my order will be executed, no muss no fuss, before i wake up tomorrow AM
Been skeptical of DIS as it has jumped like crazy. However, now that it’s taking a breather, and with the possibility of NBA happening, I might take a nibble. Thoughts?
I sold the shares I had been holding for years during the downturn, so I don't think I'll be getting back into it for a while (just a personal thing). As with a lot of things, it all depends on coronavirus. Short-term, I have no idea and don't really care. Long-term I would think it's a solid stock assuming Chapek does a good job after Iger leaving the CEO role. DIsney+ kind of saved the stock during the drop during the lockdown. They derive a ton of income from their parks and related businesses and those are coming or will come back online once this COVID-19 calms down (hopefully sooner than later). The only problem to watch out for short-term is how this re-opening goes. If we start seeing spikes again with the disease that forces shutdowns, the stock will get hit. If you're a long-term investor, you could always DCA into your position.
