I took profits early. music selection: “Doctor My Eyes” — Jackson Browne On 12MAY2020, I opened a bull call spread in OKTA at the 160/165 strikes and 19JUN2020 expiry. I had 8% downside protection remaining as of this morning. Earnings
I’m vindicated. music selection: “Doctor My Eyes” — Jackson Browne I just got notice from my broker that JCP is issuing a FULL CALL on my bond. I will receive par at maturity. Bullet dodged like a ninja! Devour your
Stink bidding for Hershey. Music selection: “Doctor My Eyes” — Jackson Browne weigh-in: 212.4 +1.8 I’ve admired Hershey (HSY) for years. It has a strong brand and a great capitally efficient business. It is also a strong performer when it
Five groaners. music selection: “Laughing” — The Guess Who Devour your prey raptors!
I have two new trades. music selection: “Sweetest Thing” — U2 I have a bullish and bearish trade today. For the bullish trade, I opened a spread in MMM. For the bearish trade, I bought long dated puts on Delta
I took profits. music selection: “She’s Waiting” — Eric Clapton On 18MAY2020, I opened a bull call spread on NVDA. I paid 3.20 a share. With earnings out tomorrow, I re-evaluated. I had 3.5% downside protection left in the trade
A stink bid went through. music selection: “Kickstart My Heart” — Motley Crue I like Nvidia (NVDA) right now. I put in a stink bid on a narrowly in the money bull call spread with Friday expiry. I did not
Re-establishing two expired positions. music selection: “What A Feeling” — Irene Cara weigh-in: 210.6 (0.4) My puts in GDXJ expired worthless over the weekend. I cleared 140% annualized on the trade. Today, I sold GDXJ200619P00046000 for 3.00 a share. The
Five groaners. music selection: “Oh Sheila” — Ready For The World Devour your prey raptors!
JCP was expected to file for bankruptcy today. music selection: “Stan” — Eminem Last month, JC Penny (JCP) went into technical default on one of its bonds by not making a timely coupon payment. Today was the last day of