-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
What other tech stock to consider?
- Thread starter Sanny
- Start date
GrandEnigma
Member
Aside from TSLA, still trying to figure out my focus for the year so just have some funds sitting in ARKF/G/W currently.
Stupid question, but what decides if a stock has options or not? SENS does. ABML doesn't, but both are a similar price. I found a very general description, but ABML seems to meet it as far as I can tell.
What Is Required for a Stock to Trade as an Option?
What Is Required for a Stock to Trade as an Option?
I popped into this forum at like 3:20 PM and clicked on this link and was immediately sold on Zillow. Honestly, not sure why I didn't invest in it sooner as it fits my investment profile quite well. Anyway, I then noticed that earnings were today and decided to just go for it. Already up 13% AH. So, thanks!
D Unit
Member
bkp_duke
Well-Known Member
24,000 SENS with call options sold way OTM on all of them
300 CCIV shares with call options sold on 1/3 of them
Dabbled a bit in NAKD (I like owning something called "Naked") and BMIX. Those are my loss leaders for the year (jumped in too late).
Largest core holdings remain unchanged from 2019 with TSLA, NFLX, MSFT, AMD, NVDA, AAPL, PYPL, MU, and IDXX. These all have been solid earners the first 5 weeks of the year, either directly through share price appreciation, or indirectly through weekly revenue selling call options.
Work is always a bear first 3 months of the year, so I haven't had time to do much research on new entrants to the portfolio.
Thoughts on when to jump out of SENS? My "gut" was $5-6, but that is completely subjective and not based upon any logic of earnings, future growth, etc.
EDIT - I'm chomping at the bit for Starlink. I'm fully prepared to liquidate 1/3 of my portfolio for cash to get in as much as I can once Starlink is public.
It'll be interesting to see what price they go out at. It is going to be a massive IPO. With Elon's star power, every single human on the planet will know about the IPO. I suspect demand is going to be through the roof. It might be a DoorDash situation where the IPO price is sooo expensive that it just won't make sense to buy. I hope not...
D Unit
Member
SENS has 3 HUGE catalysts coming up. Remember, FDA has put Sensionics on the back burner due to Covid19, but once they pass Eversense 180, this is going to $7.50 to $10. When they pass Eversense 365, it's going to $15 to $25. When they pass Freedom System, that's total disrupter beast mode. My gut feeling is that it's going 3 digit territory easily. BTW, their competitor DEXCOM is currently trading at $400.
A cross section of many of the things we've mentioned here. Portfolio has been great so far, but the market in general has been so great (in tech anyway) you could pick symbols at random and have done pretty well.
I'm fairly heavily banked on ABML, then lesser positions in SENS, NNDM, NVDA, and BB. I've been selling a lot of nearish term puts as well as far OTM calls to capitalize on the high volatility (which I could sell far OTM calls on ABML). Even BB, which is a loser on the stock so far based on where I picked it up, isn't too far off of even after the sold puts/calls.
Starting to reconsider though. Things have gone well and I think I probably sell it all and invest in 3 or 4 high dividend stocks and be set at this point. Yea, I might not have a yacht, but I could retire relatively soon and live a happy life. Been on my mind a lot this last week. I look at ABML and think "I just need it to reach $7"
bkp_duke
Well-Known Member
1) It's not a "liquid" position. If a life-altering event happened, it's not always easy to sell shares in a private company.
2) Elon has said Starlink will be spun out as a public company. We have no indication that if you own SpaceX shares that you will get Starlink shares, and if so at what ratio, etc.
I assumed ABML lacked options because it trades on the OTC market.
This is what has been in my portfolio for the last month or so. Probably gonna unload a few of the penny stocks that have jumped a lot unless I can justify holding them long term. There are a few of these I don't actually endorse at all just trying to make some money on momentum so as always, do your own DD.
EV/Battery/Mining Stocks
ABML
CNIKF
LLKKF
LAC
BRLL
BUSXF
LYSDY
TLOFF
CCIV (sold shares bought warrants)
NIO
ATAO
VALE
Weed/Cannabis
APHA
TLRY (about to sell)
VLNCF
HITIF
GRSO (about to sell)
CWBHF
SNDL (about to sell)
Random Penny Stocks
AITX
FORW
TSNP
VPER (just sold)
SLBG
MSNVF
BioTech
JAGX
BNGO
SENS
ARKG
Other Stocks
DKNG
NNDM
MSFT
DFS
F
TSLA (just have 1 share left)
Last edited:
JRP3
Hyperactive Member
I bought some MJNA 6 years ago and it started dropping almost immediately. Since it was in my Roth I couldn't take the loss sale so I just left it and have been waiting for a recovery, it's finally starting to show some life with all the recent weed hype.
mekberg
Member
I hold shares not theta gang so no worries on this end. I did consider buying LEAPs tho..Imagine waking up every day wondering if you are up or down 25%.
Sell a 1200 PUT and find yourself way OTM or get assigned and underlying is $400.
Big balls in that trade.
JRP3
Hyperactive Member
I'll add some thoughts to this discussion:
Internet tech companies are disruptors. As you disrupt old models, new models - thanks to the natural process of understanding and learning bring about new opportunities. Personally, I'm betting on the team to figure that out quicker than their competitors. Internet tech is easy now.
I think many don't understand how this is all sustainable in the markets. To me, the market size calcs skew in favor of greater reach and distribution is far wider now than ever before. Internet tech is cheap now too, so its just about scaling & finding the option(s) that will succeed in disruption...if you pre-suppose that internet tech will win and spread the wealth to older businesses and either propel them or dissolve them over time, then everyone wins.
Internet tech companies are disruptors. As you disrupt old models, new models - thanks to the natural process of understanding and learning bring about new opportunities. Personally, I'm betting on the team to figure that out quicker than their competitors. Internet tech is easy now.
I think many don't understand how this is all sustainable in the markets. To me, the market size calcs skew in favor of greater reach and distribution is far wider now than ever before. Internet tech is cheap now too, so its just about scaling & finding the option(s) that will succeed in disruption...if you pre-suppose that internet tech will win and spread the wealth to older businesses and either propel them or dissolve them over time, then everyone wins.
corduroy
Active Member
BMBL looking to go live soon at $61-$76 with IPO pricing of $43. The craziness continues.
Last edited:
Similar threads
- Article
