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12/30 Thread (BC):
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VP - I see you checking RH while on a call 😎
But yes - way down on all calls today (and way up on my short put - should've bought more). However, the lower the price falls, isnt that a better chance for a B/O or stock buyback?
@M1: Totally understand what you're saying/thinking. As a LT investor, great time to buy. But holding those options has got to hurt right now. I'm guessing you loaded up some?
Reason I sold puts to cover some losses there.
I'm sneaky like that. :)
Time to buy in now!! Lol jk. Don’t buy brick and mortar retail...
As I’ve been saying, they have one of the strongest online shopping presence of the major retailers and their in-store pick up areas were absolutely jam packed with anniversary sale orders. They get lumped in with Macy’s, and if you think they are equivalent, you need to shop more. I’m expecting a spike next week off results/forecast.
Can’t beat a 6% yield. Macy’s at almost 10%.
I wouldn’t turn that down. Way oversold on both accounts.
This one hurt pretty bad 😑. LT prayers
I’m usually better at cutting losses but I’m still hoping for BO news spike. But what? That will make me close to breakeven in 30s? Lol
You guys going long on the jwn earnings?
Holding 1500 shares currently (10 puts got assigned on Friday), have several more covered puts and calls expiring this Friday and next. I’m long all the way on this one. Also have calls to Sept and Oct.
https://twitter.com/cnbcfastmoney/status/1163568522536132608?s=21