Owen Lucas
$100 Site Donor 2023
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Get out the antibiotics....Looks like MSFT continues to tank. wonder where the bottom is.
*Investors Blog*
- Thread starter Warstud
- Start date
At what strike price?
Earnings is today. So it might be a really good or really bad bet.
if you would have looked at the various strike prices when I made that post you would have the answer.
9 bucks just outside the money. So 3.5%. I’ll post it here so we can see after earnings today if it was a good deal. Stay tuned!
at the money strike price was $11 when I made the post, that's why $1100 was collected.
RULE #1 WHEN SELLING CALLS=Only sell covered calls on shares that you would be happy to sell.
If Alarmguy or whoever wanted to sell AMZN this is a possible way to do it.
Im glad Amazon is down so far this week 
We will see but that might leave some room for relief in not so great numbers on the down side to better than expected numbers to go up.
Have no clue but down significantly again today at around the price I paid for it some time ago 220
I never liked the company and bought the stock, lesson learned. .... maybe ...
We will see but that might leave some room for relief in not so great numbers on the down side to better than expected numbers to go up.
Have no clue but down significantly again today at around the price I paid for it some time ago 220
I never liked the company and bought the stock, lesson learned. .... maybe ...
The pattern is these mag7 go down on earnings even if they beet. Speculators are levering up hoping for an outsized beat that springs the stock %10. If it doesn’t happen they unload anyway.Im glad Amazon is down so far this week
We will see but that might leave some room for relief in not so great numbers on the down side to better than expected numbers to go up.
Have no clue but down significantly again today at around the price I paid for it some time ago 220
I never liked the company and bought the stock, lesson learned. .... maybe ...
AMZN down on Germany ruling.
Yeah, I look at it like every portfolio has a laggard. I bought this stock thinking it was safe in overall market with insane valuations. It was bought with "spare change" with an outsized holding in Walmart and META Amazon was about 20% Of course would have been better off just buying more Walmart
I figure I wont lose money in it, long term. I could have sold it weeks ago but didnt because I just dont know what else to buy anymore.
I got a fair amount in cash now after selling META, if it gets trashed enough or if the market collapses I'll be back in. I feel like a hero getting out on earnings at $70 ish more a share than the price right now of $667 come to think of it, maybe a time to get back in ... na... maybe ... who knows.
Bitcoin is collapsing like a house of cards. I have long used Bitcoin as a proxy for liquidity. Michael Howell has said liquidity is drying up also. If true, Nasdaq is next. Oh well, in for a dime, in for a dollar. I will await the Amazon earnings call.
I own a lot of Alphabet also. They did well on earnings but announced there going to spend $190 Billion on AI. Billion. In a year. So one silicon valley company is going to spend 10% of the GDP of Canada on AI. NUTS!! Well I should maybe be selling it too?
I own a lot of Alphabet also. They did well on earnings but announced there going to spend $190 Billion on AI. Billion. In a year. So one silicon valley company is going to spend 10% of the GDP of Canada on AI. NUTS!! Well I should maybe be selling it too?
Wow, yeah bitcoin blood bath
Edit- bloodbath for Amazon too. I didn’t even get past the headline that they plan on spending $200 billion this year on AI.
Good God!
Oh well, I guess it’ll be a while before I see 220 again
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I sold everything on January 27.
I never understood why anyone would buy Bitcoin. The only thing underlying its "value" is other investors willing to pay more than what you paid. It has no earnings, no intrinsic value. If you had sunk your money into Dutch Tulip bulbs, at least you could plant them and get pretty flowers. Bitcoin? Its backed by the existence of a supply of future investors who are willing to pay more than today's price.
I never understood why anyone would buy Bitcoin. The only thing underlying its "value" is other investors willing to pay more than what you paid. It has no earnings, no intrinsic value. If you had sunk your money into Dutch Tulip bulbs, at least you could plant them and get pretty flowers. Bitcoin? Its backed by the existence of a supply of future investors who are willing to pay more than today's price.
I am so tempted to buy more. There P/E right now is around 27. Next earnings they say there only spending $100B on AI and it will be a $250 stock. Assuming the whole market doesn't collapse by then.
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Owen Lucas
$100 Site Donor 2023
- Joined
- Sep 5, 2021
- Messages
- 4,816
Pretty sure BTC will pump harder than ever when the news cycle changes or banks get back in the game.
I'm not a fan of it and as a no-coiner I do not care, but it's acted strangely before and it will likely go to $250k within a year now.
I'm not a fan of it and as a no-coiner I do not care, but it's acted strangely before and it will likely go to $250k within a year now.
JHZR2
Staff member
I was so tempted to sell my meta when it was right at the top. I don’t try to call tops and bottoms, but had an inkling right about the right time….
Alas I didn’t.
Fine for the long term, I think…
Somebody called it. Amazon down 20 points as I type this.
That same exact thing happened to me months ago, I THINK in the upper 700's I Was so upset and followed it down to the high 500s
(I think I paid around 400 for it)
Once it got back up to the low 700s that was it for me, finally it worked for me and I was out.. Yeah, long term I think it will be fine as long as the overall market holds up. ITs the world's largest advertising platform and getting better all the time. The newest sunglasses glasses are amazing with a data screen in them ... I cant think of a bad thing to say about them. except the AI spending, same with Amazon. You know. I was going to bail on Amazon the day before earnings too, just like I did META. I didnt, lesson learned. However Amazon making money hand over foot too. The only thing is they had to say they are going to spend 300 BILLION this year on ... once again ... AI.
I love META I very well may buy back into it, I dont know what else to own, except Walmart which has been my stable growth stock since around 2019. Right through Covid and all. To me that is a never loser. This whole market is insane with the high valuations, scary stuff or is this the new reality... high valuations.
I could be a buyer soon. Only super long would have sold calls pre earnings but still I’m not clairvoyant
I bought FBTC PRE
I Bought AMZN
I Bought AMZN
