Going to start looking into buying value stocks soon. Selling puts throughout the summer until they hit and we should hit a low around august or September. Let’s make money boys and girls

like
Posting as :
works at
You are currently posting as works at

Gonna sell puts for Amazon for strike 80

funny

I’ll probably sell 5 shares every two weeks which I’m hoping to yield $150 every two weeks. Honestly not much but it makes sense to scalp if I want to buy at that price anyway. People looking for home runs and to retire…I just want my steak dinners paid for and retire in 10 years.

Curious why you think the low is in SEP.

We might see the FED stop raising rates by early Q4, but inflation will need to slow dramatically. JUN is setting up to be another hi inflation month and there’s only so fast inflation can back off in JUL and AUG that will impact SEP policy decisions.

It might happen but there’s some contingency in the mix

like

The market trades 6 months before it actually hits the true markets. I think we’re currently in an event driven economy where news drives the economic narrative so the question is what news can come out. I think news on housing markets slowing down having come out yet but I think that’s because people are still trying to buy before June and July (next hikes) when there is a little bit more supply of houses as we go into the summer. I haven’t looked at any data for this but I bet lots of developers stopped developing last year because of the supply chain issue which led to a lot of lumber price increases. Many couldn’t even get hands on supplies even if they wanted. That being said construction would finish this summer which adds to an increase of supply. Increase of supply and higher rates will mean home prices drop and I’m thinking that’ll be around august once July rates are locked in.

Next event that might happen is a food shortage come harvest time. I think something like 15% of fertilizer comes from Russia and because fertilizer prices were higher during the spring, farmers couldn’t plant as much crop which will lead to a food shortage this fall when it’s time for harvest. This can potentially cause inflation for food.

With all this happening that’s why I think we bottom out around August and probably through September. I think we go sideways from there a bit and we go up once fed announces quantitative tightening is going to ease up along with interest rates. I think the current party wants to see data and inflation ease up before midterm elections this November, so they’ll do what it take to taper inflation by making the markets bleed.

All this to say, I think AMZN is a decent price at 80, so I’ll set puts until it gets exercised and then I’ll sell covered calls on my amzn shares once the written puts are exercised. I’ve been in cash since December and day trading very selectively the past two months but I’m thinking it might be time to enter into some longer positions. Good luck all!

like

What's a value stock?

A loaded term for any stock that’s “undervalued.”

like

Which stocks are you selling puts on?

Why would u do such a thing

I mean at very worst you’re collecting the premium even if we don’t bottom that much.

Can anyone point me to a reliable resource for learning about covered calls?

TDAmeritrade has videos and materials on this as well as a free continuing live class every week.

Related Posts

How should I continue to grow my net worth now that it just reached 6 figures? I am already maxing out my ROTH IRA and HSA contributions and Putting 12% of my pay into my 401k already. Real estates ?

like

I think I am an average ABAPer but hardworking.
Having 2.1 year experience in SAP ABAP also trained on ABAP on Hana and odata gateway. Trying to get basics of ui5.

By considering above all if i give started to look for switch from Jan end (2.4 yoe considering) then till what CTC i can ask to other company or how much market can give me in current period?

Please reply..

like

Hello,

Can anyone please share reviews about EQH- Equitable account in TCS for Angular UI profile.

Thanks in advance.

like

Any update onmid year hike?

like

Hey y'all so I want some advise. I'm applying r1 this year plan right now is 3 M7 and 2 top 15. One of my M7 is HBS which I don't expect anything from. Should I apply to more schools round 1 or wait see what happens and apply R2 if needed?

like

I recently obtained my MBA, and I've been eager to start working as an analyst. But I'm not sure where to begin. As an underwriter assistant, I now make $43,000. However, it's quite difficult to get by, and I'd love to start doing what I enjoy. Any suggestions?

like

Im working at a big multi-product company and we're having 5 dedicated product teams, however, teams are working in silos. Each team's has its own process, design system, technology etc. We identified that most of the teams use and need components that were already conceptualised, designed and developed, for our other products, and we are starting to create a global set of components, a global design system that we will use on all our products. What is your approach?

How do you raise your kids without the making them feel privileged? Im on the partner track and seriously concerned about it.

likeuplifting

A3 $121,000 NYC
Underpaid?

like

Hi Everyone, Could someone please suggest the best institute for DevOps Online Training course?

How is paisabaazar for a product role (WLB & learning) and is it good to switch to paisabaazar considering recession is near

How much can I qoute for 3+ yoe for the same again considering future recession to avoid getting kicked off

like

Pwc sdc announced 5% mid year hike..

like

Hey Desi fellas!

Where do you shop for indian clothes?

like

I am done with QM (TVM), FI and Equity. Not from a finance/accounting background. Can I crack the exam in November? I am concerned about FRA of course as it will be more difficult for me and also has the highest weight. This is for L1.

like

Any comments monthly in hand ? no tax savings.

Post Photo

ACN 🐟: If a hotel is in policy do you feel as though it's okay to book unless told otherwise? SF hotels are insane and I stayed at a crappy Sheraton with more expensive options in policy.

like

Hello All,

Any
LinkedIn Business Operations/Strategy people here? I have an interview coming up, would appreciate some insight.

like

Additional Posts in Option Traders & Investing

People who are long FAANG, do any of the government lawsuits coming worry you(antitrust/monopoly, content, etc) as a long term shareholder? I figure most of these tech companies may get a slap on the wrist but understand the risks. Heck, most of these senators are invested in these companies and are they really going to break up companies like Amazon & Facebook? Seems like they would establish an extremely dangerous precedent

like

What are some of your favorite strategies to use in VIX since it constantly decays? Bear call spread? Or is there something more profitable?

like

What’s your thoughts on this drop on $TWST following the downgrade from JPMorgan? Feels extreme and ARK army will get it back up

like

When you close your weekly CSP on BAC $23.5p for a loss of $50 in the morning cause it was hella ITM and now it’s OTM. 🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️

Decided not to roll for credit cause I also wanted to pick up JPM at a discount. Guess it evens out 🤷🏻‍♂️

like

Should’ve just bought AAPL $295c when it was at $288. Was so focused on puts :/

like

How many of you use Trailing stop limits? I’m deciding putting trailing stops for my positions as they might help during a larger market correction but hesitant as it could also lead you to exit your positions more frequently in case of normal volatility.

like

Can anyone share their experience in trading ES options(options on Futures) as far as liquidity? I am trying to justify trading ES options rather than SPY for better tax treatment, but nervous how the ES options will fill.

like

I am thinking of starting my own “DO NOT BUY” list blog for stocks. Anything i buy goes down.

likefunny

July $13 F calls

Post Photo
likefunny

SPY Puts tomorrow? This can’t go on. Insanity

like

LOKB, fresh out the oven. They did incredibly well on LOKA and think they will pull a similar move

like

6/29 Thread (General):

like

Why does the fed want to lower inflation so much? Any chance they will just give up and let the market run?

My friend asked me to invest in his trucking company as they have an opportunity to acquire a much larger trucking company but he needs capital. He's offering me equity investment or a structured loan. What are the questions and information I should be asking to 1) decide if his business is worth investing in and 2) which type of investment would be wisest (I'm more interested in passive income from dividends or other profits l

like

@Bowl Creator/ The Godfather/Manager 1...This is D. Brother, we hit a milestone today. This bowl now has 1,000 members! We've come a long way from when it was just about 5 of us over a year ago.

Post Photo
likeuplifting

Thoughts on GGPI? I know this will fly eventually, but not sure if the timing..

like

How do i avoid wash sale loss if i am constantly buying and selling etf options like voo, qqq, spy, etc??

like

Being lazy here. Anyone know if TD ameritrade has direct feed with EY

Using TD. Where can I see price history (high/low) for an option?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal