Author: pluginever
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Accidentally created wash sale
I have been dabbling in LETFs for a bit but never really day traded or played options on it up until recently. I sold covered calls on SOXL, got the shares assigned .. didn't really know about rolling options up until now ended up losing those shares. I day-traded a bit after and long story…
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What is going on with the $PARA acquisition?
I'm so confused by what is actually presently happening with the $PARA acquisition. When I search for it all I see are failed attempts, broke people making fake bids, and now I see the Skydance stuff. So what happens with $PARA if you just keep it in your account? I'm seeing multiple tender prices in…
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WOOF up 33% Post earnings call
There seems to be a sentiment change around pet stocks lately. CHWY and WOOF both going up after WOOF earnings call on 9/10 after hours. I posted DD a few weeks ago on WOOF. I believe it is still in play. https://www.reddit.com/r/stocks/comments/1f4hbtf/chwy_earnings_beat_the_catalyst_to_set_off_the/
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Consumer prices rose 0.2% in August with core inflation higher than expected
The consumer price index climbed 2.5% year over year in August, according to data released Wednesday by the Bureau of Labor Statistics, this was in line with the last-minute downward-revised forecasts at 2.5% (previous forecasts at 2.6%). So, Fed can go ahead with the 50bps rate cut next week? In my opinion, 25bps will be…
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Oracle trails only Nvidia among large-cap tech this year, as Ellison closes in on Bezos
Larry Ellison turned 80 last month. It’s been a celebratory year. While fellow legacy tech players Intel and Cisco struggle to find their footing in a world driven increasingly by the promise of artificial intelligence, Oracle has emerged as a Wall Street darling. Following a better-than-expected earnings report after the close on Monday, the stock popped 11% on Tuesday. It gained more…
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r/Stocks Daily Discussion & Options Trading Thursday – Sep 12, 2024
This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market…
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Large option activity at close – signal bearish/ bullish signal?
I follow stocks and often watch the option activity online A few weeks ago, I was watching LRCX when it dropped from $870 to $820. After the drop, I noticed that end of day there was a large number of put options bought that then brought LRCX down to $800 and even further to $715…
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Berkshire unloads another chunk of Bank of America as CEO lauds Buffett
Warren Buffett’s Berkshire Hathaway offloaded another chunk of Bank of America shares, bringing its total sales to more than $7 billion since mid-July and reducing its stake to 11%. The Omaha-based conglomerate shed a total of 5.8 million BofA shares in separate sales on Friday, Monday and Tuesday for almost $228.7 million at an average…
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Chatgpt says its new AI can reason like a person — which stocks benefit from this?
Three points of discussion: If these claims are true, which stocks will benefit most? I know Chatgpt used mostly NVIDIA chips in the beginning, but are they also considering other chips from Google, AMD, Tesla? Or maybe it's something in the energy or liquid cooling sector? How big will the impact be on these stocks?…
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Summarized comments from Jensen Huang from today’s GS Conference
1) Jensen once again highlights his view that Moore's Law no longer delivers the rate of innovation that's needed and causes computation inflation in Data Center. As such, the rebuilding of $1T data center infrastructure that's currently installed will drive growth over the next 10 years, bringing material performance improvement and cost savings 2) ROI:…