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It did this last quarter. Their guidance was good and the dividend is huge. I’ll trade it here between $5 and $5.25. Check out the slide presentation on the CNBC news section
But there is almost no chance they keep this dividend long-term, right?
Don’t get fooled no one saw that return. This isn’t a fun read but here you go: https://seekingalpha.com/article/4372075-reality-hits-shareholders-of-formerly-bankrupt-whiting-petroleum
Selling a cash-secured put has limited downside. If you sell a put at some strike price, you collect the premium but are obligated to buy 100 shares of that stock at that price. If the stock goes to zero, you just bought 100 shares for whatever price and you lost all your money (though you get to collect your premium). Had you outright bought 100 shares of that stock and it went to 0, you're out all of your money and you never collected a premium. The downside risk is less for selling a put than it is for buying a stock outright but the potential gains are significantly lower. It's Ichiro. Trying to hit a lot of singles, bagging a lot of smaller premiums using a lower-risk trading strategy. Naked puts are a totally different thing and that's not what I am talking about.
While you can certainly lose money with a cash secured put, really the biggest "risk" with it is in opportunity cost. Essentially you are significantly capping your upside on a stock you feel bullish enough about to buy.
Yep, bullish I buy. Neutral or if I think it is overpriced, I sell a put. Exactly right.
Good question. I know why tech stocks have flown because most (not just ZM) have actually being exceeding forecasts, but when stocks that are down 50-90% in revenue are at ATHs that seems a bit odd. Not all are at ATHs but enough. I guess companies with layoffs actually reduce cost so companies aren’t always in lock step with people losing jobs, etc. Obviously, they feel an impact but they can make cuts or in some cases invest in tech to lower costs.My God the S&P is up TWELVE PERCENT on the yearHow is that even remotely possible??
Yep. Funny that it all started with a huge jump. That said, I’m not reacting to this one because it’s happened over and over until people realize that they are the companies still growing and exceeding forecasts.
Is this real or just another one of those ambulance chasers? I say that because in the middle of my run with ZM from $67 to over $400 there have been a couple of these lawsuit/legal announcements. I think if you lost money on ZM outside of buying at $450, then you deserve to stand in the corner.
Because I buy a new Tesla and iPhone and place a dozen orders on Amazon every day with all the printed money Powell Paypals me.My God the S&P is up TWELVE PERCENT on the year
No idea. Came across my Google news feed. But I'm not about to close out my DPHC position.
I’ll do some dip-buying. The little bit of AAPL I sold is below where I sold it so I might buy some of it back, and see if anything seems overdone.
Adding more CRWD to my g/f’s IRA. Beat, raise, and analyst price target increases with a dip like this is perfect for the long term view.
Been watching CRWD for a while and should have just bought a little but I own a lot of OKTA and ZS so felt pretty well covered in the space.
It’s rinse and repeat. Look at the last few months. It’s been like clockwork. Everyone say it’ll rotate to the CV affected stocks and then tech stocks have earnings reports and key ones look great and they pop again. Then FOMO comes in and drives them up and then rotate again. I mean it was Tuesday when ZM reported and everything went wild. Two days later and aside from a couple companies (who got whacked), great reports but now somethings different. I mean I agree there is some froth but it’s the sector that appears to be doing well and still growing well. It’s not like when CV goes away that companies won’t continue to want to save money and innovate.
Freaking bloodbath. It feels like the rest of the summer though. Basically just feels like the last few up days (4% on Tuesday) got wiped out.
ZM getting crushed, still way up from Monday but if the stock has gone up a lot lately, it’s getting hammered. Just get this feeling like retail investors are getting their asses kicked. People jumping in on Tesla’s split because Portnoy tells them they get more shares and now they are panic selling.
Very much so, but that’s life in this crazy market times where it’s odd when stocks go up 7% in an entire year instead of a day. With all the charting and algorithms and retail investors expecting stock moves to be as fast as their Tik Tok swiping, the volatility is absurd.
If you haven’t noticed there’s been days like this all year. Three days in the top 20 all time worst days along with what seems like a 2-3% drop (NASDAQ’s been even more volatile) every couple weeks in the S&P.
