Rich
Saucin'
- Joined
- Jul 5, 2010
- Messages
- 45,998
- Reaction score
- 71,062
- Points
- 148
I bought a GME put this morning. Should have bought more than one.
If it hits 40 tomorrow, I'm coming in hard.
I bought a GME put this morning. Should have bought more than one.
This was a terrific play. I really need to adult up into options.
I’m curious on how many shares and how diversified is everyone here carrying in their portfolios? I know Motley Fool recommends carrying at least 15 different stocks, but they really don’t say how many shares should be carried. Obviously you should only use income that is disposable in order to invest
I have 8 different stocks, but the most shares of any single company was 15 (up until today). This morning I purchased 30 shares of Neptune Wellness Solution (NEPT), mainly because, well, weed seems to be popular these days and they were only $2 a share when I grabbed them.
I’m curious on how many shares and how diversified is everyone here carrying in their portfolios? I know Motley Fool recommends carrying at least 15 different stocks, but they really don’t say how many shares should be carried. Obviously you should only use income that is disposable in order to invest
I have 8 different stocks, but the most shares of any single company was 15 (up until today). This morning I purchased 30 shares of Neptune Wellness Solution (NEPT), mainly because, well, weed seems to be popular these days and they were only $2 a share when I grabbed them.
A lot of my strategy is buying stocks with big dividend payments.
That way I'm hedging against a downturn.
That's not all of my stock picks, but a decent portion.
One of them, OHI, has made me a pretty decent chunk of money.
BUt I check my portfolio regularly. There's danger in picking fairly cheap stocks with high dividend payments.
If it’s not TMI, what are we talking about for a dividend payment per share?
amateur investor here, don't know anything about options...where did you learn about them?I resisted options for the longest time, but finally took the dive last year. Sometimes I lose every cent I spend on them (which is the reason I resisted), but overall I'm ahead.
Timing is so much more important since they do expire.
Usually my favorite option trade is to sell a cash covered put at a price I don't think the stock will hit, but would be okay buying it at. You just let those expire and keep the money you sold it for. Just have to make sure it's a good enough return to tie up the cash that long.
Another trade I made today was bought 100 shares of a stock and sold an august covered call about 25% above the current stock price as a single transaction. The credit on the call effectively cut the cost of the stock by about 25%.
I can't sell the shares without buying the option back before the option expires. But as long as the stock doesn't drop more than 25%, the trade is profitable.
I do cap my gains at the call price, but overall have to be happy if it goes above that. And actually has to go above it by more than the option was sold for to end up with less gain than simply buying the stock all while requiring less cash than buying the stock.
amateur investor here, don't know anything about options...where did you learn about them?
I looked at GME this am, and saw 57 and that RH pulled the purchase limits. Shoots up 30 a share.
What a fucking stranglehold this shit was.
was temporary surge, will likely be red by end of dayI looked at GME this am, and saw 57 and that RH pulled the purchase limits. Shoots up 30 a share.
What a fucking stranglehold this shit was.