Author Topic: What are you buying today?  (Read 1479735 times)

Lance

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Re: What are you buying today?
« Reply #3410 on: November 20, 2018, 05:34:29 PM »
Sold JNJ and bought AAPL, ACAZF, BNS, BP and T

Thanks
Lance


woltac

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Re: What are you buying today?
« Reply #3411 on: November 20, 2018, 05:51:59 PM »
CFG

dutchman

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Re: What are you buying today?
« Reply #3412 on: November 20, 2018, 06:22:26 PM »
Lance, can u kindly explain your thoughts on bns bank of Nova Scotia? thanks.

Spekulatius

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Re: What are you buying today?
« Reply #3413 on: November 20, 2018, 06:40:22 PM »
GS, PRSP and BASFY
Life is too short for cheap beer and wine.

Lance

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Re: What are you buying today?
« Reply #3414 on: November 20, 2018, 07:53:04 PM »
Lance, can u kindly explain your thoughts on bns bank of Nova Scotia? thanks.

Hi Dutchman - i like financials here as I think rates will likely continue rising and that absent a credit event they should do well long term.  I also like Canadian banks more than US banks in general and think BNS is fairly cheap as is RY which I may add to as well if it goes below $70.

Thanks
Lance

Dynamic

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Re: What are you buying today?
« Reply #3415 on: November 21, 2018, 03:30:38 AM »
Wrote some 7 December cash covered puts on
AAPL 170 strike for $2.38
BAC 26.50 strike for $0.43

Hat tip to boilermaker75 for this approach to opening long positions.
« Last Edit: November 21, 2018, 03:33:41 AM by Dynamic »

ander

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Re: What are you buying today?
« Reply #3416 on: November 21, 2018, 04:43:20 AM »
Bought more DVA and LBTYK

boilermaker75

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Re: What are you buying today?
« Reply #3417 on: November 21, 2018, 06:48:58 AM »
Wrote some 7 December cash covered puts on
AAPL 170 strike for $2.38
BAC 26.50 strike for $0.43

Hat tip to boilermaker75 for this approach to opening long positions.

Glad you find that idea useful.

I wrote some BRKB 210-strike Friday expiration puts for $1.05-$1.07 per share today.

I like to write slightly OTM puts on Wednesday before Thanksgiving that expire on Friday after Thanksgiving. They usually expire worthless. Friday is usually a quiet day with a slightly positive bias.

dutchman

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Re: What are you buying today?
« Reply #3418 on: November 21, 2018, 07:29:27 AM »
Thanks Lance.  Fears about the Canadian housing market  kept me away. But I've been very wrong so far!

username

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Re: What are you buying today?
« Reply #3419 on: November 21, 2018, 08:30:17 AM »
GS
There's no limit to what a man can do or where he can go if he doesn't mind who gets the credit