Just like the loser moderators of Yahoo boards, the losers were shaken out of DG shares this week when it dropped to $55.56 today on pre earnings jitters; helped along with Zach's share price manipulation with their mumbo jumbo predictions. DG will meet both top & bottom lines and trade sideways to somewhat up post earnings. Retail is getting ridiculous for big boxes and tough for dollar stores as on line retailers keep gobbling up turf. Class dismissed.
Pre earnings volatility shaking out the losers today before the lift post earnings. Zach's, as usual, manipulating share price with cryptic earnings mumbo jumbo. Look for meet on top and bottom lines. This sure is one dead board. I'm the #$%$ sheriff here now.
Looks like my Dec and Jan puts are about melted down to total profit as well as your leaps. I agree, Warren will swallow this whole over time and selling naked puts on DVA as Buffett says "is like shooting fish in a barrel,....with no water in the barrel". Any other put writing plays? I'm short WFM, CAB puts, on their respective pullbacks in share price.
High p/e stocks are always the hardest hit in a market downturn. I never buy options, only write them. NGVC is my exception. Then again, I don't own anything with a p/e as high as NGVC. Probably has a great future but could be a bumpy ride.
Premiums are fat, selling 60 strike puts naked here. Looking for a way into a 3D stock, DDD being my 1st choice..I'll take the premium til I'm assigned,
Berkshire has purchased shares higher than today's prices. That alone should should give some comfort. While I don't presently own shares, I sell naked OTM puts month in, month out for the premium and have made a tidy sum. It's not easy to find a Buffett holding that's selling for less than they've paid for some of their shares, making this a no brainer for shorting puts. At least you know there is support for the stock. They'll be all over it if this drops a dollar or so. They already own 15%+ of the company.
That's code for "buy". I'm in for 1K shares at $53.65, short 10 contracts of the 52 1/2 Dec puts @ $0.35. The shares I'll be out of today if I can scalp a buck and I'll hold the puts believing 52 1/2 will hold. if not, I'll take the shares at that price. DLTR still has a great future.
Don't you wish you could afford to buy your food at WFM. Doesn't it just gnaw at you to see other folks buying their healthy choices with little regard to the costs. I mean, how much can you eat. It makes little difference to me if my monthly food bill is $500 or $1200, as long as I get whatever I like, and it is the best.
And you have PROOF of this? Sounds like the processed food you buy at the dollar stores is rotting your brain and making you jealous, and that there are actually some successful traders, that can afford to eat healthy.
So....you're illiterate and can't read a 10k? Tired of having your nuts shot off after 5yrs of going short? You sound like another loser who pile on AFTER the fact. 3D printing is the future dude.
Sold some naked puts at the $60 strike....I figure I'll take the shares at $60 less the premium received.....thinking about selling some lower strikes today....at the end of the day.....I've got to be in 3-D printing...and paying too much for shares, will be healed by time....or selling covered calls on the shares....
You're probably right. people will stop eating entirely, substituting tree bark and weeds for healthy food that they've been gravitating towards. They'll probably sell their houses too, and live in the woods or even parks, causing Lowes and Home Depot to collapse and become homeless shelters, after they unload their cars and bicycle everywhere. So,....in the meantime, keep eating the processed foods you've been buying at Dollar General and keep up the good work on that paper route.