• Life Advice & Visual Arts Welcome Guest
    Posting Rules Bluelight Rules
    🌌 Share Your Dreams! 🌌
    📸 15 Years of Photo Contests 📸
  • LAVA Moderator: Shinji Ikari

Investing Thread

I used to be heavy into options, but it has been more than 1 year since I've purchased any. Big losses during 2008 have me riding a long tax credit right now, and I'm using my time on "probation" to think about what I did wrong.

A May 2011 call, huh. I need to look at some data regarding the volatility of medium term options with similar ratios and global power to that of Transocean. Basically, I need to understand when the prices are going to start dropping exponentially as the time to expiration grows closer, and even when they'll start dropping incrementally.

It all depends on when Transocean will start to rise, and if it will rise fast enough to give me some of those china white options profits. What do you think?
 
GenericMind said:
Adobe(ADBE) posted pretty crappy Q2 earnings after the bell last night and the stock is down an unbelievable 20% in premarket this morning which is ridiculous. If I had any extra cash I'd buy it in a heartbeat.
Click to expand...

Posted on 9/22/2010 when the stock was at $26.67.

Adobe just posted and beat Q3 earnings expectations and the stock is trading at $31 aftermarket.

Would have been a nice 16.2% gain in a few months time.
 
I think the low-volume selloff in Transocean(RIG) is just about over. Aside fm the indicators below, the Money Flow Index and Ultimate Oscillator are showing oversold numbers to. Get ready to rally!
 

Attachments

  • ind.jpg
    ind.jpg
    109.2 KB · Views: 55
^I heard about that when I was overseas. A couple of heavy gamblers I knew were betting on the primaries back when it was Barack vs. Clinton. Shit, why not.

I always had this dream of turning things like rappers' popularity into stock prices or better yet a straight OTC derivatives market, allowing them to issue shares and keep a portion for themselves to sell gradually when the value gets high enough. It seems like something they'd be down with, since it's essentially a hustle. It's a perfect way to take advantage of the underprivileged fans, who are living paycheck to paycheck and always looking for a way out. You could be an online broker or just set up shop in a check cashing shop. It goes along with the spirit of the derivatives market or the Amsterdam tulips market, i.e. just another way to make ridiculous wealth appear out of nowhere.

If anybody wants to get down on this and cop some lambos and go stuntin on these hoes, pm me (lol).
 
I'm going to modify the lambo so that the wheels are all facing 90 degrees sideways, so everywhere I drive my car is going sideways and I'll catch more stunts than those other guys. Pockets on swole!
 
Alright, it's January soon. Last week I picked up 10 shares of Transocean, looking forward to the inevitable dip mid January so I can pick up some more to hold.

I ran into a family member this weekend who works for a major oil company. He says that he feels sorry for everyone else when the realization comes that oil's not going down. Places like RIG are just going to become more and more valuable.

A good way to protect against rising commodity prices, rising oil,is to jump on the bandwagon and stay put. If you can't beat 'em, join 'em.
 
This one is still 50% undervalued imho. I'm sticking with this one for quite a bit longer. Definitely at least rolling over the profits from the January $70 calls which I'll be selling this week or next into the May $75 calls. I probably won't be trading in anything else until at least then.

BUT, here's how the the other picks I posted here have been doing, and I still like all of them going forward(especially RIG):

Transocean(RIG)

Pick made 7/19/2010
Price: $48.08
Current price: $73.25
Change: +52.4%


Nvidia(NVDA)

Pick made 8/5/2010
Price: $9.44
Current price: $17.00
Change: +80.1%


Almost Family Inc.(AFAM)

Pick made 8/5/2010
Price: $26.40
Current Price: $39.87
Change: +51.02%


Hewitt Packard(HPQ)

Pick made 8/12/2010
Price: $40.14
Current Price: $44.00
Change: +9.6%


Cisco(CSCO)

Pick made 8/12/2010
Price: $21.36
Current Price: $20.77
Change: -2.8%


PROSHARES ULTRASHORT 20+ YEAR TREASURY(TBT)

Pick made 8/24/2010
Price: $30.63
Current price: $39.07
Change: +27.6%

Average Return On Investments: +36.2%

S&P Index Return Over Same Timeframe: +14.4%
 
I've always liked nvidia. I used to always keep some. Good company with lots of love from people who know their pc's. I'm beginning to wish I had taken your advice regarding the March RIG calls (75). I guess I just don't like money that much. I did buy some when you first suggested it though, and I'm keeping it. I realize I missed some profit, and now I'm wary of the inevitable mid January sell off.

Still touting RIMM. Get it while it's cheap, but stay away from short term options action.
 
Good. Hang onto them. You won't regret it.

I officially pulled the trigger this morning, cashed out of my january $70 calls for almost a 400% gain, and just rolled the profit into the May $75 calls. I'm thrilled. =D
 
Transocean(RIG) is down 2% today and the May $75 calls are down 14%. Seems like a good entry point imo. I just added to my position a few minutes ago.
 
GenericMind said:
Nvidia(NVDA) up 4% to $20.63 after they announced a new 6-year cross-license agreement with Intel worth over $1.5 Billion. Verra nice.
Click to expand...

is quitting the intel chipset market worth it?

they seem to be betting on arm. which is interesting.

Intel is going to eat them.
 
You must log in or register to reply here.
Top