• We should now be fully online following an overnight outage. Apologies for any inconvenience, we do not expect there to be any further issues.

***Official*** 2015 Stock Market Thread

Page 9 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.
Toggle sidebar Toggle sidebar
JEDI

JEDI

Lifer
Sep 25, 2001
29,391
2,738
126
is here any trading in oil on mon, jan 26?
mcx is closed because of holiday.
 
Hugo Drax

Hugo Drax

Diamond Member
Nov 20, 2011
5,647
47
91
FelixDeCat said:
Go down to Pep Boys, buy some Penzoil and trade with your friends.
Click to expand...

That could work, Open outcry OTC micro oil contracts, each contract representing 10 quarts of oil. They could be the new generation of curbstone brokers in Manhattan.
 
Imp

Imp

Lifer
Feb 8, 2000
18,828
184
106
Something about Greece electing a new left-wing gubment, very worried market, bla bla bla.

Good thing most of my money's in USD!
 
JEDI

JEDI

Lifer
Sep 25, 2001
29,391
2,738
126
Imp said:
Something about Greece electing a new left-wing gubment, very worried market, bla bla bla.

Good thing most of my money's in USD!
Click to expand...

greek anti-austerity party won.
oil falls to $44.40 on the news. it's a new 52 week low?

What does Greece have to do with oil?!
 
Last edited:
Imp

Imp

Lifer
Feb 8, 2000
18,828
184
106
JEDI said:
greek anti-austerity party won.
oil falls to $44.40 on the news. it's a new 52 week low?

What does Greece have to do with oil?!
Click to expand...

Worried about end of the Eurozone?

Couple years back, people were freaked the eff out, and the market was crashing every other day depending on how various votes about Greece were expected to go.
 
JEDI

JEDI

Lifer
Sep 25, 2001
29,391
2,738
126
Imp said:
Worried about end of the Eurozone?

Couple years back, people were freaked the eff out, and the market was crashing every other day depending on how various votes about Greece were expected to go.
Click to expand...

how does a little country w/small gdp cause the Eurozone to collapse??

and back then it was the PIGS... 4 countries and the 2 most concerned with were Italy and Spain.
 
Imp

Imp

Lifer
Feb 8, 2000
18,828
184
106
First horse out of the barn? If one goes, will the others go, and cause it all to go?

Market loves overreacting to things?
 
FelixDeCat

FelixDeCat

Lifer
Aug 4, 2000
31,017
2,684
126
Long 400 shares of ADXS @ $7.50. I think it will hit $11-$12 again as shorts are forced to cover. :)
 
Last edited:
JEDI

JEDI

Lifer
Sep 25, 2001
29,391
2,738
126
2 weeks ago, oil hit $44 then bounced up to $49.
yesterday in premarket it hit $44 again and bounced to $46 during regular trading and ended at $45.

so based on that, is $44 the bottom for oil?
depends on how you interpret the movement.

it hit $44 twice so it's a double bottom. this usually signals an up pattern.
it could also be a down pattern because the 2nd bounce came down quickly and it also wasn't as strong.
 
sm625

sm625

Diamond Member
May 6, 2011
8,172
137
106
JEDI said:
sm625,

I know nothing about calls/puts.
what do you mean 10 bagger? 10x return?

how does a Put (short) of a fund going from $18 to $7 = 10x return?
Click to expand...

I'll give you an example of a trade I've got going right now. As you might have noticed, I've been hammering away on QQQ, making extremely bearish calls, etc. I bought some 102 puts yesterday for 20 cents. Now they are worth $1. So that is a 5x gain on a move from $104 to just $101. If it were to drop to $100 that gain becomes 10x. So it only takes a 4% move to yield a 10x gain, if your timeframe is 1 week.

As another example, take Ford. It is trading at around $14.50. $14 weekly puts are just 5 cents. If Ford takes a 3 day nosedive similar to the one it took a few months ago, those options would easily be worth 10 times, maybe even 20x. There has actually been four 3-day moves in the last year that have been big enough to yield those kinds of returns. It's all about the timing.
 
JEDI

JEDI

Lifer
Sep 25, 2001
29,391
2,738
126
sm625 said:
I'll give you an example of a trade I've got going right now. As you might have noticed, I've been hammering away on QQQ, making extremely bearish calls, etc. I bought some 102 puts yesterday for 20 cents. Now they are worth $1. So that is a 5x gain on a move from $104 to just $101. If it were to drop to $100 that gain becomes 10x. So it only takes a 4% move to yield a 10x gain, if your timeframe is 1 week.
Click to expand...

so when qqq was at $104, you bought puts at a $102 strike price for .20.
now that it's at 101 you gain $1. (102-101 = 1).
you gain 1 - .20 = .80

is 10x the point where you usually sell?
 
Hugo Drax

Hugo Drax

Diamond Member
Nov 20, 2011
5,647
47
91
sm625 said:
I'll give you an example of a trade I've got going right now. As you might have noticed, I've been hammering away on QQQ, making extremely bearish calls, etc. I bought some 102 puts yesterday for 20 cents. Now they are worth $1. So that is a 5x gain on a move from $104 to just $101. If it were to drop to $100 that gain becomes 10x. So it only takes a 4% move to yield a 10x gain, if your timeframe is 1 week.

As another example, take Ford. It is trading at around $14.50. $14 weekly puts are just 5 cents. If Ford takes a 3 day nosedive similar to the one it took a few months ago, those options would easily be worth 10 times, maybe even 20x. There has actually been four 3-day moves in the last year that have been big enough to yield those kinds of returns. It's all about the timing.
Click to expand...

A smart trader would cash in those puts to lock in a 500% return. Dumb trader, will hold on to a position hoping to double the return to 1000% and all the do is end up selling the position at a loss.

So what is your exit strategy on that long put position?
 
ponyo

ponyo

Lifer
Feb 14, 2002
19,688
2,811
126
http://www.bloomberg.com/news/2015-01-27/yahoo-unveils-tax-free-spinoff-of-its-holding-in-alibaba.html

Yahoo is going to spin off its Alibaba holdings as separate tax-free company and distribute it to existing Yahoo shareholders. :) I was hoping for something like this and it was the reason I bought Yahoo shares after the Alibaba IPO. The leftover Alibaba holding is worth around ~$40 billion. Yahoo Japan stake is worth ~$8 billion. Yahoo also has about $7 billion in cash. Even with the current increase in Yahoo stock price, it's undervalued since the market is still valuing Yahoo's business and it's $7 billion in cash as zero.
 
JTsyo

JTsyo

Lifer
Nov 18, 2007
12,035
1,133
126
How do you sell 74 million iPhones in a quarter? That's insane.Do people have their plans run out according to iPhone releases?
 
FelixDeCat

FelixDeCat

Lifer
Aug 4, 2000
31,017
2,684
126
ponyo said:
http://www.macrumors.com/2014/10/13/iphone-6-china-20-million-carriers-jd/

20 million iPhone 6 were sold by 3 carriers and one website (JD.com) in 3 days. Just let that sink in. Perhaps, you should read more and comment less.
Click to expand...

Am I supposed to be impressed?

The clone market (black market) is vast for most products sold in China, up to and including a fake iPhone store! Obviously the clone market is not tracked as knockoffs are "illegal" (wink, wink, nod, nod), but Ill bet 20M pales in comparison.

ps. ADXS will return far superior returns than AAPL will in 2015.
 
Last edited:
IHateMyJob2004

IHateMyJob2004

Lifer
Sep 29, 2004
18,656
68
91
Imp said:
Never underestimate the need to one-up one's neighbor.
Click to expand...

That's funny, I see people with iPhones and wonder why people choose an inferior product. I know two companies that make better smartphones for the needs of most people. Still don't know why anyone over 40 has an iPhone.
 
You must log in or register to reply here.

TRENDING THREADS

COMPANY
RESOURCES
FOLLOW
Top Bottom