Stock Market

-
There are many forms of trading .
I'm not the best describing this, but there are Electronically Traded Funds that comprise of the best 10? Stocks in the NASDAQ, or S&P 500, or Russell Markets, and others
If you buy 3 or 4 index etfs SPY QQQ IWM, (the best of breed) in Tech, Industry, Resources, the dividends you collect from those funds would far surpass what you get from mutual funds.
Fact is. Most Mutual funds hold a buncha misc companies that pay dividends, that include those ETFs mentioned above.

Why pay fees for stuff you can do yourself, monitor weekly, and can "sell" automatically if the Market tanks, "safeties" as such.
Go see what companies make up your mutual funds, you may be shocked. I bet you can do better with the QQQs.
I hope someone can explain this better, or you can do some research, iirc, one member was a financial advisor, and crackedback has shown to be very knowledgeable.
 
Last edited:
Self directed retail trader here. Options curious.

Hard to find bargains lately. Sold $APP & $OKLO to jump into the $LLY dip Friday.
 
like_A_pike said:
Self directed retail trader here. Options curious.

Hard to find bargains lately. Sold $APP & $OKLO to jump into the $LLY dip Friday.
Click to expand...
Options.. Mike and his whiteboard on youtube.

Dry as hell but spot on explanations. Some the greeks are meh... some are important, like delta and theta

If you own 100 shares of a stock, you can write calls against it, covered calls. Acts like a dividend, weekly or monthly/45 days out, buy more shares with the premium. Yes you stock can be called away, but also at a higher price than when you sold the call. Also you can roll the calls out in time and up in price. Try to always take in premium when if you do. Also you can set up your account for "last in, first out" for accounting. That way if you don't want you stock called away, buy 100 shares and let it get called away, to not trigger a taxable event on older large gain shares. If the stock is right at or above the strike at expiration, I usually roll stuff out the within the 5 days prior to option expiration.
 
Last edited:
crackedback said:
Options.. Mike and his whiteboard on youtube.

Dry as hell but spot on explanations. Some the greeks are meh... some are important, like delta and theta

If you own 100 shares of a stock, you can write calls against it, covered calls. Acts like a dividend, weekly or monthly/45 days out, buy more shares with the premium. Yes you stock can be called away, but also at a higher price than when you sold the call. Also you can roll the calls out in time and up in price. Try to always take in premium when if you do. Also you can set up your account for "last in, first out" for accounting. That way if you don't want you stock called away, buy 100 shares and let it get called away, to not trigger a taxable event on older large gain shares. If the stock is right at or above the strike at expiration, I usually roll stuff out the within the 5 days prior to option expiration.
Click to expand...
I’ve been watching Mike stuff on YT since you mentioned him last spring. Thanks again btw. How or when does one’s broker get paid for providing the service/opportunity for options trading?
For example I pay my credit union for access (tiny flat monthly) but the actual brokerage gets around 0.15 a share commission when I sell. No problem with $1000 shares,gotta consider it with a $Vz or $oklo.
 
Stock commissions from brokers is almost non existent. No way would I trade through a place charginig .15/share with a platform fee. That's ridiculous in todays environment.

Options usually have a per contract charge which is minimal. If you buy/sell an option you are controlling 100 shares

Look at a place like tastytrade for a full service broker with zero stock commissions and reasonable option commission. If you decide to go that route, let me know as I can give you a referral link.
Cash into an interest bearing etf/fund and use some equity to make trades.
 
I sold out betting JPow would dig in some more today and open up some bargains…NOPE! A 5th short term trade over 10% this year. Tax man’ll be happy. But I’m outside watching bulls run just now.
 
like_A_pike said:
I sold out betting JPow would dig in some more today and open up some bargains…NOPE! A 5th short term trade over 10% this year. Tax man’ll be happy. But I’m outside watching bulls run just now.
Click to expand...

I'm all cash right now, been too quiet for too long.
I think all the troops in Wash are more than street sweepers.
 
A couple of interesting "different" stocks, kinda like OKLO, that's doing very well .
I got into JOBY and ACHR, these are Electric Vertical Take-off Taxis.
They are flying around the Emerates now, just waiting for FAA.
The new one Josh recommends is a GPS satellite system to guide all these things flying thru the cities like the Jetsons.
It's going to happen, - go UP. to the roof of a building and catch a taxi home .

PL, Planet Labs
Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform the United States and internationally.

These are very long term holds, not a rocket ! ! . .

Another on my radar . . UMAC, Unusual Machines . Tiny drones, military using them now for chasing thru buildings.

Due Diligence . . Close Stops .
 
Last edited:
So I shoveled a pile into $VZ while I went hunting and fishing for the last few months... ya know, for the dividend, right?! well that and I might have been betting against the AI trade and future rate cuts yada yada yada. the sector does well when everything else turns downward. It hasn't paid off yet but all I really want is a positive 2% or another div-exe date! Then I can at least pay my tax bill for this year. Hope ya'll are doing well (better) happy hunting
 
RustyRatRod said:
I've said for years now it's in an artificial bubble. When it bursts, it's gonna be ugly. Look at the price of gold. Artificially inflated. Gold and silver have historically been much closed in value than what they have been in many years now. I ain't the sharpest knife in the drawer, but I ain't the dullest one either. Somethin's up with that.
Click to expand...
I worked with tradesmen in their late 60's that lost 50% of their "Hot Stocks" in the early 2000's, when the end of Slick Willies boom came home to roost...
 
Last edited:
Inertia said:
I'm all cash right now, been too quiet for too long.
I think all the troops in Wash are more than street sweepers.
Click to expand...
I'm sitting on lots of cash right now too. Its tempting to get it in the market but everything I look at is so expensive and seems ripe for a butt kicking.
 

like_A_pike said:
So I shoveled a pile into $VZ while I went hunting and fishing for the last few months... ya know, for the dividend, right?! well that and I might have been betting against the AI trade and future rate cuts yada yada yada. the sector does well when everything else turns downward. It hasn't paid off yet but all I really want is a positive 2% or another div-exe date! Then I can at least pay my tax bill for this year. Hope ya'll are doing well (better) happy hunting
Click to expand...
Been awhile since playing the stock market but watched VZ for a good while.....think I did a bit of trading on them and it didn't amount to much. The majority of my money that got made was from the oil stocks and mainly XOM.
 
I did well on all of those but could have done way better holding on to any one of them…longer. Well except there is no way I could sleep holding $OKLO above a hundred bucks. That thing (or the people speculating on it) freaks me out at this point!
 
like_A_pike said:
I did well on all of those but could have done way better holding on to any one of them…longer. Well except there is no way I could sleep holding $OKLO above a hundred bucks. That thing (or the people speculating on it) freaks me out at this point!
Click to expand...
If the stock or the market freaks you out and can't sleep because of it....you don't need to be 'in' the markets.....
 
I'm about 1/2 cash, it's pretty scary when 1 tweet can Soo screw you.
I sold 1/2 of everything, had had enuff.
I'm still holding 1/2 my OKLO, and bought some VST, VRT, SMR, and GEV, all energy, some nuclear. Got stopped outta SMR a coupla weeks ago. Great day today .
Josh is suggesting RKT mortgage as rates come down. $19

Set stops, - due Diligence
 
You must log in or register to reply here.
-
Back
Top Bottom