What Did You Buy Today?

[Binary]

After looking at it for years I bought a few ORI shares today. Many-many insider buys in the past months.

[divmenow]

Should I buy 1 share of AAPL. It’s down $18 lol

ORI is a nice company. I bought more near the lows back in March. Insiders always buy shares. Good management.

[vbin]

Sold All of Teva stocks in last few days and sold Teva puts for $10 expiring September.

Added T.

Sold some MSFT.

Sold CAH puts.

Bought BAC yesterday.

And then just saw the news buffet been buying BAC

[Binary]

Those of you who sell T puts - what is the typical time to expiration you pick?

[NilesMike]

(07-23-2020, 03:00 PM)Binary Wrote: Those of you who sell T puts - what is the typical time to expiration you pick?

Typically 35-50 DTE

[fenders53]

(07-23-2020, 03:00 PM)Binary Wrote: Those of you who sell T puts - what is the typical time to expiration you pick?

Mostly I do about the same as Mike, but that can vary if the premium at my preferred strike is an choice.  I prefer they not all expire on the same date so I may mix in a few longer or shorter term weeklies if necessary.  I usually have T puts expiring every one to twos weeks when T gets around 31 or less.  It's a very liquid option so you have a lot more option date choices than many stocks.  

If you want to try selling put options, T is a great way to get your feet wet without excess risk.  I probably get more monthly income from T than any other stock.  MO and KO are other DGI stocks that have worked out well too when they dip.

[fenders53]

(07-23-2020, 02:08 PM)divmenow Wrote: Should I buy 1 share of AAPL. It’s down $18 lol

IRI is a nice company. I bought more near the lows back in March. Insiders always buy shares. Good management.

You should back the truck up on AAPL.  It hasn't been this cheap for like a month. 

[vbin]

(07-23-2020, 06:02 PM)fenders53 Wrote:

(07-23-2020, 02:08 PM)divmenow Wrote: Should I buy 1 share of AAPL. It’s down $18 lol

IRI is a nice company. I bought more near the lows back in March. Insiders always buy shares. Good management.

You should back the truck up on AAPL.  It hasn't been this cheap for like a month. 

I think there are better tech giants. I know people who work there and they aren't as bulish as few years ago. Recently a lot of them have been selling their stocks in millions and buying homes. Lol. It can go either way but I think apple is going to be in choppy waters. Given the situation all over the world. There will.be a lot of people who will re-think before buying a new iPhone or idevice. That ain't going to be the priority.

[fenders53]

I agree. For anything other than a quick trade there will be a better time to buy AAPL not too long from now.

[kblake]

Wow INTC getting kicked to the curb today. Glad I don't own that one.

Question: Thoughts on DHR? I get its over valued but its a company I have always wanted to own but just never pulled the trigger. Today its down $6. Might pull the trigger lol

[fenders53]

INTC has been losing their market leading edge for a while now. The 7NM delay was surprising. I was giving them a look for a re-entry a week ago. They have work to do.

Sold a QQQ put with a 250 strike that expires next Friday. $360 premium for a week is nice but that's a $25K buy if the NASDAQ keeps falling. I have little tech exposure now so I guess I'll call it diversification. It's about as brave as I ever get with a single trade. I'd really like some MSFT but don't feel comfortable entering any particular Mega CAP tech at these prices.

[divmenow]

And just like that Tech is back. You can’t keep it down for long. I knew I should have bought 1 share of AAPL lol

Meanwhile BMY is being a dog once again. Trades like T lol ?