What did you trade today and why?

[Randy145]

No trades today. Over time, patience has proven to be a greater contributor to returns than constant adjustment.

Great day to get some work done around the house.

 

[Old Dog Seeks New Tricks]

exited call position in UNH - what i thought might happen did not, so far, and i'll just say thanks and go home on this one +4k

 

[Old Dog Seeks New Tricks]

exited small position in OXLC, got div and small profit

 

[surprising]

Sold QQQ call position at the open for 130% gain in a couple days. I have an inkling to go the opposite now and buy QQQ puts..

 

[NW-Bound]

As of this writing, I am up 1.32% for the day compared to the S&P of 2.30%, despite the calls and the 65% stock AA.
I am leaving alone the stocks that have covered calls on and their calls for now.
I bought back some energy stocks that were assigned by calls earlier. They are down today.

 

[Fermion]

Timely buy of Texas Instruments yesterday. GIS purchase not so great but with the call I sold there it should be ok.

 

[YellowSubmarine]

Not buying, not selling today...staying put.

 

[surprising]

Sold QQQ call position at the open for 130% gain in a couple days. I have an inkling to go the opposite now and buy QQQ puts..

OK I did it. Bought QQQ puts strike $605 expire 4/17 for a mere $7.50, or 1.2% premium. Early morning action seems to be sell the news.

 

[Fermion]

OK I did it. Bought QQQ puts strike $605 expire 4/17 for a mere $7.50, or 1.2% premium. Early morning action seems to be sell the news.

How long do you hold these, or are you already out? I see it went up to $8.x but now is down to $7.

 

[NW-Bound]

OK, you made me do it. Bought just one 4/17 48 put of TQQQ for $1.8. Just some loose change to say I did it.

Being mostly a bull, even if just a cowardly bull, I normally don't do this.

I've got errands to do, so logging off. By the time I get back home, the market will be close, so I am done for the day.

 

[richardsok]

Bought BGH. Good NII covering its 12% distributions monthly. After a long fall-off, appears to have touched price support and just gave a BUY signal from my indicators today. Reasonably low volatility chart pattern; the type I favor.

 

[Still Learning]

Yesterday took some MM and increased investments in VOO, MGV, VIG, and VTI in Vanguard ETF's.

 

[surprising]

How long do you hold these, or are you already out? I see it went up to $8.x but now is down to $7.

I've held as little as a few open market minutes (open at close of previous day, close at open of next day) to many days. I don't have any set criteria to sell - I'm already down 14% on this morning's buy. I probably start to think about selling when I'm around 50% loss. I also don't spend a lot on each trade, around 5k-10k, so I don't lose my shirt.

 

[Montecfo]

Youse guys made me look at my TXN holding. It's one of the smaller positions, because it has not grown much.

I have a gain on it because I have had it a long time. I neglected it, because when I look at either my brokerage screens or the Quicken screen, I am drawn to the stocks that go up or down the most.

Well, it just muddles along. I will let it be. Or I can look into doing some puts/calls on it for a change from volatile stocks like MU. Who says one cannot make a bit of option money on lethargic stocks? It's even safer on slow stocks, right?

I own it also. Not a huge but kind of a "legacy" position for me because when I was in public accounting we did tax work for the exec group. Those were the glory days for TI. Been really good this past year and YTD. And prospects look good. I'm holding it.

Also liked owning analog chip exposure. Made a bunch of money on ADI in the 90s very quickly. It has been fantastic recently. Also good prospects.

 

[Fishmasterdan]

^^^ I will more likely roll up to next Friday. Or if I sell puts to buy the stocks back, will wait for the euphoria to die off a bit. In the past, when I make a round trip selling call then put, the total premium can be the same or higher than the stock price rise if I just hold the stock.

Or if I sell OTM calls for 4-5 times and get assigned once, the total premium still adds up bigly.

Finally, although my calls get assigned, I still have gains, compared to the stocks dropping and the options only help to reduce the loss. So, cheer!

Thank you. I took your advice and canceled my buy to open orders. Thank you . I ended just buying some VXUS around 12:30.

 

[RobLJ]

Put 20% of my Smaug cash pile to work by buying a chunk of QMHNX (a managed future fund mentioned on here) in DW's IRA. Researching other alternatives for my 403b and for another chunk of DW's cash.

 

[Old Dog Seeks New Tricks]

attn - chart savants -
i keep wanting to buy MSFT -
but the 50-dma seems so far below the 200 -
i'm looking at 1-, 3-, 5-year charts / how many months or years SHOULD i be looking at / tvm

 

[dobig]

Sold a little more international. Wanted to sell more but still a little underwater. Have only raised 3.5% cash.

Getting so close to the big $3xxx number. Feels unreal.

 

[RobLJ]

Whoa, just looked at wife's smaller IRA (holds stocks) and saw CMI was up 7.2% today and at a 4 year high PE of 27. The average PE looks to be around 17ish. Considering putting a trailing stop at it or selling half (since it has doubled for me). Love the company but not so much the value.

 

[Old Dog Seeks New Tricks]

it's had an amazing run -
ask a chart person if it looks like the 50-day is rolling over

 

[RobLJ]

Looks like it blew way above the 50 day MA today (after being below it). That's if I'm reading the chart right.

 

[target2019]

attn - chart savants -
i keep wanting to buy MSFT -
but the 50-dma seems so far below the 200 -
i'm looking at 1-, 3-, 5-year charts / how many months or years SHOULD i be looking at / tvm

I wouldn't. We hold a small position. I have Win 10 & 11 and ms is kinda saying yeah, we'll turn the new ship back to port.

They need to double the dividend and be more cautious in future plans.

 

[Montecfo]

Yesterday:
sold UNH on the rally
Added to NVDA and AVGO.

Watched them run today (UNH being down was gratifying).

 

[Fermion]

I've held as little as a few open market minutes (open at close of previous day, close at open of next day) to many days. I don't have any set criteria to sell - I'm already down 14% on this morning's buy. I probably start to think about selling when I'm around 50% loss. I also don't spend a lot on each trade, around 5k-10k, so I don't lose my shirt.

I was feeling bored and left out so I bought 3 of your QQQ puts at $6.75 in one of my Roths, went up to our mountain property to do some weed eating and plugged in the starlink mini to check if it could do trades on the $5 a month plan. It could! I saw the puts were $9 and sold them. $675 gain for a couple hours weed eating. Not bad.

 

[NW-Bound]

As has been the case, health care was responsible for much of the growth, with the sector adding 76,000 jobs.

Thanks for the data. If health care is responsible for much of the job growth, why is XLV -5.59% YTD and +2.57% for the past 1 year?

Adding people doesn’t add profit. People are overhead.

XLV is mostly pharmas, medical suppliers, and some health insurers. Pharmas have been ho-hum the last few years, except for Eli-Lilly with drugs for weight loss. XLV is also dragged down by health insurers.

Recently the overall pharma sector is showing signs of life. I have had PPH forever for exposure into this sector, plus some occasional holdings of individual pharmas.