Puts sold (on margin) HIMS $25.50 5/15 Price: $1.85 ($185 in premium recvd per contract)
Provides 17% discount to current share price.
Note - earnings are 5/11 so fall within this range. If we see a pre-earnings rebound prior I may close for partial profit. Earnings adds a binary event to this option so higher risk.
Recommend follow only if happy to own or were wishing you had previously added
I am very open about being an individual in recovery from addiction. I just shared this in the lounge giving someone advice but feel it’s important to say it loudly as there are many newer investors here and I have seen several messages about feeling behind in life. If you are here, you are already doing the next right thing.
5 years ago I wrote this on Reddit in a /fire subreddit.
“Drug addic
**$SNAP is the perfect example of a business that has grown a habit of diluting.**
Snapchat went public in 2017 with roughly 1.24B shares outstanding. Today that number sits at around 1.69B. Now I get that a 38% increase over nearly a decade does not sound catastrophic, but there is more.
Snapchat compensates employees primarily through RSUs, a restricted stock unit (which is basically a right t
**A lesson on Dilution.**
I thought it would be cool to write a series about aspects of businesses that I generally watch out for when performing a high level view. So if someone were to recommend a stock to me, this would be one of the first things I check before diving deeper. Today, that thing is dilution.
Dilution is one of those concepts that sounds technical but is actually very simple onc
For those unaware. I use the margin aspect of my account when selling puts. This allows Margin Secured Puts.
Decreases margin by ~20% of the underlying stock purchase value at exercise but no margin interest is accrued. This allows access to the paid premium immediately while not incurring interest.
However it is important to note that changes in the option valuation may change margin requirem
More headlines today. Cease fire. Not extending. Ready for escalation. Followed by an extension after close.
Volatile intraday response from oil and the markets.
I have been adamant and repetitive with my philosophy - for those that are active, headlines provide opportunity… but imo the conflict is not over until it is over and there is an extended period of ship traffic through the Strait. Th
Quick heads up because I don’t think enough of you are using this.
The <#1483037006601916456> channel pushes insider buys/sells, unusual volume spikes, and major price movements in real time.
Members who actually use it have caught some serious moves. It’s one of the fastest data feeds in here
Still do your own research. But it’s a very good starting point.
@everyone
Trimmed $DAVE at $280 since it reached my bear case PT.
I still expect the stock to sell off a bit from here given its run 60% in 2 weeks.
I know I suggested it not to buy in at the time of my thesis publishing and I stand by that, we should never chase. But I thought I would update you on what I’ve been doing with my own position.
(None of this is financial advice)
**PRACTICAL WAY TO THINK ABOUT IT**
Before entering any position, ask three questions:
1. Where is the stock relative to its fair value or technical range? Is it near support or extended away from it?
2. What is the realistic upside, and what is the realistic downside if I'm wrong?
3. Am I buying because the setup is good, or because I've been watching it go up and I'm afraid of missing the rest
**PATIENCE AS A STRATEGY**
This is one of those things nobody wants to talk about because it sounds boring, but it's probably the single biggest edge most people leave on the table.
**GOOD ENTRIES DON'T ALWAYS SHOW UP ON TIME**
The best setups I've seen take weeks, sometimes months to fully develop. A stock that's on your radar today might not be worth touching for another six weeks. That's nor