A previous post entitled “Miscellaneous Trades” describes some of the financial activity that has been pursued.
Since then, Pier 1 imports cratered upon announcing its results (and the small profit is en route to a linked bank account). Etsy stock continues to sort of levitate, but payment in return for allowing options sold (what currently remains is the 40 / 35 bull put spread) to rapidly decay in value seems probable. Here is a recent chart on them:
It is not known what might happen with Tesla in the short term, though my stock has shown some buoyancy.
The other one is Achillion. I have been adding to my options position via options. It is difficult to say what might happen with the share price. Again, if it rises over $3 when July options expire there is a credit as compensation. If not, the stock will be assigned to my account at a price of $3 per share. However, there is some leverage at work, because, the $2 September puts mean that only $1 per share is required to own the stock, not $2 and change. The data that should be announced within months hopefully will be positive. If so, there could be a nice rise in the share price.
There are some other stocks to look into. The process involves work. An October Barron’s article discusses the picks of a professional money manager; who seems to aspire to be a media personality, which can in turn be a questionable resource. They are all up, and one has done better than the others. They are all companies that I have not read up on previously: PayPal, CME Group, and HealthEquity. (I am not sure who reads this blog, if anyone, but typically my perspective, when posted online, is closer to being on target than anyone else’s).
Other stocks of interest are Moellis & Company and Hewlett-Packard Inc (HPQ, not HPE).
Having mentioned these securities increases the likelihood of actually doing what is necessary to potentially profit through them. Any editing, reformatting, or rearranging of this post would require time that could otherwise be dedicated to it.
Since then, Pier 1 imports cratered upon announcing its results (and the small profit is en route to a linked bank account). Etsy stock continues to sort of levitate, but payment in return for allowing options sold (what currently remains is the 40 / 35 bull put spread) to rapidly decay in value seems probable. Here is a recent chart on them:
It is not known what might happen with Tesla in the short term, though my stock has shown some buoyancy.
The other one is Achillion. I have been adding to my options position via options. It is difficult to say what might happen with the share price. Again, if it rises over $3 when July options expire there is a credit as compensation. If not, the stock will be assigned to my account at a price of $3 per share. However, there is some leverage at work, because, the $2 September puts mean that only $1 per share is required to own the stock, not $2 and change. The data that should be announced within months hopefully will be positive. If so, there could be a nice rise in the share price.
There are some other stocks to look into. The process involves work. An October Barron’s article discusses the picks of a professional money manager; who seems to aspire to be a media personality, which can in turn be a questionable resource. They are all up, and one has done better than the others. They are all companies that I have not read up on previously: PayPal, CME Group, and HealthEquity. (I am not sure who reads this blog, if anyone, but typically my perspective, when posted online, is closer to being on target than anyone else’s).
Other stocks of interest are Moellis & Company and Hewlett-Packard Inc (HPQ, not HPE).
Having mentioned these securities increases the likelihood of actually doing what is necessary to potentially profit through them. Any editing, reformatting, or rearranging of this post would require time that could otherwise be dedicated to it.