if you want to buy options on etrade, go to trading--options put in PCG for the ticker. under select a straegy select put. under action select buy open. it looks like the options are pretty expensive.
spend the time before the market opens trying to see if the fire will affect any ancillary companies. you're probably too late to bet against the power company, but who knows i've lost plenty of money this year.
Fellow investing bros...you all have taught me so much this year. I have another n00b question... Until this year, I had never invested anything directly in the stock market myself. Now that I'm a big boy, buying, and selling, and all that cool stuff... Have I just made my taxes much more complicated?
No. You’ll receive a 1099 from your broker and it will tell you your total dividend income as well as capital gain/loss. If you’re trading large amounts and take out some large cap gains you could get to the point where you owe a little in taxes because your withholding from your W-2 might not cover it but again, that would likely need to be some larger trades
Hope that guy didn’t short Hoping you listened to him on the puts instead of shorting it. It’s up 40% today on news that they could get government assistance in the event that they’re responsible.
Jeff Saut at Raymond James has been saying essentially the same thing for the last month and a half. His proprietary model signaled a short term sell oct. 2nd, it flipped back positive on Oct. 30th but he predicted another dip back near the lows before an end of the year rally unless something substantial changes from the fed or in China.
Just to clarify I think Saut’s implication has been that the run down earlier this week was likely our retesting if the lows.
Would be curious to hear if anyone is invested, or has taken a look at Coty. They are one of my company's bigger clients, stock has taken quote a hit over the past few years. They just replaced their CEO, I'm considering buying some because of their strong brand names and I think the stock is near a low. Div. is nice too, but I think they may cut it soon to pay down some debt.
I have not looked into them. I did just research and started investing in EPD last week as a long term Div play.
Forgive me for bringing up Merck again... Dow has just been murdered lately. Dropped 400 pts. today and what did Merck do? Hit another 52 week high on a terrible market day. Its been hitting 52 week highs nearly every other day for the last 2-3 weeks. Volume is WAY up. And MRK is just getting ready to ramp up their buy backs. Keytruda is killing it and Merck is reaping the benefits. I planned on selling my options last month but got greedy and I'm glad I did. This stock is a machine...
I mean this is kind of what you’re gonna get when you trust your money to someone with a name like optionsellers.com
I started buying these when they were $.03 on November 8th. Robinhood asked if I was sure if I wanted to buy them because there was no market to sell them. Not anymore
I have an etf account and a smaller equities account for fun that I never look at. It was a pleasure to see my 3 largest holdings (nvda, msft, ge) mentioned on this page. Add LUV and I'm stuck eating peasant stew from here on out. Anyways, are you fuckers dropping more in with the downturn of this week?
What a wild ride today. I was down $1500 premarket in my robinhood account. So I didn’t have the motivation to check once the market opened. Now I’m only down $265
set my $7.5 GE puts to expire too early (this friday), but only down 30% on them now. was down 60% earlier today, so maybe it will be ok by friday