Recent content by vigleik

Some misinformation just won’t die. There is no requirement for four consecutive quarters of profit. We’ve been over this literally a hundred times on this very thread. Might be more, I sometimes skip ahead.;) As for whether or not next quarter will be profitable? Wall Street certainly seem to...

Just because so many people here seem to think the wording of Tesla's stock split announcement is unusual, I looked up a few other stock split announcements. I found that Tesla's announcement looks very similar to every other such announcement. For example, here is Netflix from 2015: LOS GATOS...

Not to pick on you in particular, but why do people keep posting (stale) news here over and over? If you see some news that might be worth sharing, I suggest the following: 1. Check how old the news is (in this case you can tell from the blurb you posted). If it’s more than a few minutes old it...

I wanted to buy OTM options to increase my leverage, but they're just so expensive right now. So instead I'm selling options, in a mostly delta neutral way. Surely the IV must go down one of these days. Until it does, I'm okay as long as the stock price doesn't go below 100 or so or shoot up...

Okay, that’s it. This is completely ridiculous. As soon as the market opens I’m buying options.

That’s an interesting argument. But ultimately I think you do have to look at the ratio spread as one trade. (And indeed, consider your whole portfolio when trading.) I could make the same argument about a regular vertical spread, that you should think of it as two separate trades as well, and...

Thanks. Early exercise is a risk, I guess, and as always one should think about taxes. Now try to talk me out of doing this.

I’m thinking about doing the following: For the June 2022 options it looks like one 1200 call is about the same price as two 1800 calls. So I could buy one 1200 call and sell two 1800 calls, for no money down. If, by June 2022 we’re below 1200 I simply break even. If we’re at 1800 I make 60K...

Fun fact: Tesla sells most of their cars in the third month of every quarter, so January sales are down compared to December sales everywhere. Every year. Same with April, July and October sales. Another fun fact: In the second month of every quarter of every year there are articles about how...

If transferring the margin loan turns out to be difficult, you could do the following: 1. Transfer half your shares to IB; 2. Get a margin loan with IB and use it to pay off the old margin loan; 3. Transfer the other half of your shares.

I tried NOA between Canberra and Sydney recently. I think there’s something wrong with the map data, because Tessie would frequently insist on changing to the right lane to follow the route (with two lanes both continuing straight for a very long time). Then, a few seconds later, she would...

I gave you a disagree because that Investopedia article is not to be trusted: It’s the source of a lot of confusion about the S&P inclusion criteria because it claims, erroneously, that a company must have “Four straight quarters of positive as-reported earnings.” (We’ve been over this many times.)

Oh, it’s bad. I’m not too close to any fires (fingers crossed) but the air is so polluted that it smells like a campfire inside, visibility is only a few hundred meters, we’ve been warned not to go outside, and I’ve been told to work from home for the next several days. Even New Year’s Eve was...

I’m going to declare victory here. The low of $177 did surprise me just a little bit. I should have gone with my instinct and bet the house. ;) $840 next year?

Correct me if I’m wrong, but I thought the FactSet expectations were non-GAAP. So we all (well, almost all) have similar expectations for the third quarter results. Maybe some analysts have a somewhat higher revenue number, but that’s probably because they didn’t realise the leasing percentage...