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What is reason for big drop today?
Is Trump win effect STZ due to association with Mexico?
I have been selling PUT for a few years on STZ in the hope I would be PUT to get some shares. Collect a lot of premium over the years.
Still never have stock yet. Sold 135, 140, 145 almost every months.
Make the story short.
Happy to collect premium and one of those days, I may be PUT and get shares.
I saw call option 50 expire tomorrow was bought at ASK for 20 cents yesterday for 2000 contracts when stocks was around $46. I thought he was crazy. He must have inside info. ahead of time.
If he close out today, He could guarantee the cost back and see the rest over $50 by tomorrow.
You should try buying appliances via Costco online then compare with Sears. Service are much better. 2 Years warranty (directly from Manufactures) compare 1 years at Sears. Free delivery, installation and haul away. I no longer shop at Sears anymore. Shop at Costco 2-3 times a weeks for most of the stuff. No more big Groceries at Safeway, Giants, Target except certain small items st super market. I believe I spent about $1000 at Costco every month about $100 at other super market from Amex Card. Receive about $740 rebate from Amex up to date this year + 2% (do not know exact until I got it) more from Costco shopping. What a deal.
TOS REPORTED
At the end of the day with Costco UP $7.6 (closing at $153.60)
Costco on my portfolio finally become the biggest win passing BRK/B.
BTW: All Costco shares ware PUT to me a few years earlier and I kept them all. Thanks
Wow what an amazing run to new all time high.
Amazing is that it is very quiet on the board.
Seem like all my 135 PUT sold of every months would expire worthless.
Thanks Costco for that plus dividend and special dividend.
I probably will initiate new short put position $140 or $145 after special dividend on Feb 5 (ex-dividend).
Want to take advantage Stock price reset after special dividend
Look like Costco will move pass my BRK/B which still #1 winning on my portfolio. BTW: YTD Costco win over BRK/B
Just wonder what could happen if FXCM come and announce that 50% of customer with negative balance already paid up and bring their account to positive. The percentage of negative customer balance is reducing daily. That would be a killer to shorter.
Disclosure Long 1500 @ avg. $1.7933
How do you know that other companies such as CVS, Medicaid, medicare, States, etc.. won't play this game to reduce high price drug?
It is just like open can of worm. Future revenue may be questionable. Present low P/E would not be valid pending new lower future revenue.
A lot of people probably do not want to buy within 30 days so not to have issues with wash sale. They probably wants to take lost this tax year. I won't buy it until after 30 days hopefully all settle down by then. If it go up too much, I would have to pass.
OK you are brave. I sold out and glad I did at $96 (and lost)
I will wait and see if it is really fundamental change.
As a matter of fact. I sold out ALL Pharmacy across the board including ABBV. This may not not be short term drop as normal.
I am not brave enough to catch falling knife. I may be wrong but I will live another day. Move to boring stocks such as costco, etc..
My big Lost in GILD offset by big win from WAG & ESRX
Up today with the help of boring stock Costco & Brk/B
I recognized fundamental change of pricing of drugs yesterday.
Got out GILD and most of Pharmacy yesterday. Unload more today and move more to boring stocks such as Brk/b and Costco. Both still my #1 & #2 gain.
BTW: Boring stocks give you more in long term health of not getting Hearth attack due to volatile.
It is fundamental shift in pricing that may effect the whole pharmacy industry. It is good to wait until smoke is clear.
The whole Health care sector is under perform after ESRX exclude GILD.
Wonder the article below has trader SELL
I still hang in there but hurt current paper profit.
India in a sweet spot as LNG prices crash in Asia
Ramkrishna Kashelkar,
Spot LNG prices are plunging and are expected to fall further notwithstanding the onset of winter, which traditionally drives prices higher. The fall is not just an outcome of drop in oil prices, but also a strategic shift in the demand-supply balance, and augurs well for Indian consumers.
"KOGAS in South Korea has been diverting some of its long-term contractual obligations. Similarly, utility buyers in Japan are well-balanced now. The demand from Taiwan and China, too, has been relatively slow. This has disturbed the supplydemand balance," said Roman Kazmin, editor of ICIS LNG Market Daily, a global publisher of pricing data.
http://articles.economictimes.indiatimes.com/2014-11-25/news/56455711_1_lng-prices-oil-prices-sweet-spot
Me too I love Brk/b
It is safe and diversify enough that I could sleep better.
I do not need to worry that it would drop $10 over night like tech stock.
Been accumulate Brk/b along the via selling PUT
Been collecting cash dividend (via selling PUT)between 10+ outstanding contract along the way up.
Most had been expired worthless. Still have some contract at $144 Nov, $145 Dec, $145 Jan 15
If they not put to me, I got cash premium from selling PUT.
The one that was PUT to me along the way average price now $113.
That is not bad.
One year after the Closing Date, the Notes will be convertible into the common stock of the Company at an initial conversion price of $93.64, which represents 130% of the closing price of the common stock of the Company on Monday, November 10, 2014.
I guess Note Holder expect LNG would be much higher than today.
That is a thought
I agree. It will be a mess. I got rebate from both Costco (exec. member) and Amex. I hope Capital give cash rebate and free account like Amex.
Just wonder : Why is the decline in oil/ gas commodity has anything to do with LNG? LNG is in Gas business but not in producing business. It is like cost of gas plus fixed fee once it start to export.
IMO : Sign of bottom.
Big drop in stock market today and MBLY downgraded.
MBLY bounce back from low and stay about green.
That is the sign of bottom.
The Psychology Behind Costco's Free Sample
All of this makes for a potent combination for Costco: People come to their stores to some extent because it’s fun, and then a variety of psychological mechanisms kick in, compelling them to buy more products over a longer period of time. (Costco declined multiple requests for comment.)
Costco’s prepared-food departments also appear, to some extent, to be designed with the purpose of making the stores destinations. In 1985, Costco opened its first in-store hot-dog cart, and the price of a hot-dog-and-soda combo has remained $1.50 since then. Even with prices like this, the food courts still manage to make a profit, and in 2009, Costco sold 90 million hot dogs.
Now, the stores serve pizza as well, and—given that there were 468 U.S. Costco locations at last count—if it weren’t considered a retailer, Costco would be number 11 on the list of the biggest pizzerias in the U.S., just ahead of Round Table. And calling it a pizzeria might not be too much of a stretch: Families often go to Costco warehouses for a cheap lunch, and sometimes don’t do any shopping. “The more positive experiences people have with Costco, the more likely they are, presumably, to shop at Costco, to bring up Costco in conversation,” says Art Carden, a professor of economics at Samford University
http://www.theatlantic.com/business/archive/2014/10/the-psychology-behind-costcos-free-samples/380969/
I am excited but kept it to myself. Add a few option here and there.
Sell October 60 Put option for $4.00 If not go over $60 by 2 more weeks, I would get shares. Break even point $56. That is the way I accumulate shares along the way up. If it go over $60, That is OK for my position. Collect free premium.
It would be much higher if Toyota sign contract
Goldman sees global LNG projects at risk as demand growth slows
Liquefied natural gas projects in Africa, Canada and Australia face delays or even cancellation as global demand growth slows and U.S. output increases, Goldman Sachs says in a new report.
Worldwide demand for LNG will grow 5%/year compounded by 2020 and 4% by 2025, the firm says after previously forecasting growth of 6% and 5%, respectively.
Even the U.S. will not be spared from the pullback given the substantial contracts signed in recent years with U.S. LNG projects, Goldman says, adding that "investors should seek exposure to low-cost LNG export capacity, and be realistic about expectations for further contracts.”
Several projects in Canada and Australia likely will face deferrals due to uncertain production costs and price-sensitive buyers, with Papua New Guinea having perhaps the lowest risks as it expands LNG production, Goldman says.
http://seekingalpha.com/news/2012935-goldman-sees-global-lng-projects-at-risk-as-demand-growth-slows
Next runner up is Toyota.
Hopefully deal with Toyota coming soon.
I think there are rumor of deal with Tesla.
http://seekingalpha.com/news/2005935-tesla-adds-driver-assistance-features-mobileye-a-possible-supplier
Global Equities reports some 85 kWh Tesla Model S (TSLA -0.5%) units sporting the car's Tech Package now support driver assistance (inc. lane departure) and speed assist features, as well as parking sensors. The firm speculates Mobileye (MBLY +7.1%) is providing the driver-assistance tech.
Tesla's site doesn't yet mention the features under its listing for the Tech Package. However, a manual for the latest update to the Model S' software (Version 6.0) does mention lane departure and speed assist systems, and notes each relies on a windshield-mounted camera. Moreover, Tesla has said "some Model S [units] being delivered in North America" now come equipped with the features.
Mobileye rallied three weeks ago after Elon Musk stated Tesla will offer a car with elements of a self-driving system in 3 years, and will "use sensors and sub-components from many companies." Musk added a fully self-driving car could arrive in 5-6 years.
NEW YORK (Real Money) -- "Hi, Jim, what happened to Mobileye (MBLY) ? I bought it and then it got downgraded. What is your opinion of it now?"
This is the kind tweet that I see all too often these days and it worries me very much, because it shows a basic level of ignorance in the investing process. Why is that? Well, let me break this tweet down into pieces, so you understand why these questions are signs, real signs, not of weaknesses at the company but of people as investors.
First, a word on Twitter (TWTR) . I check my feed every day. I try to answer as many as I can without devoting my day to it. Some people are just being real nice and I favor them. Others are asking exactly what I just answered the night before on "Mad Money" or in Real Money for TheStreet. That's annoying, because we work really hard on both, and 140 words just don't do them justice after we have tried to be very thoughtful about them.
Still others are, frankly, dumbfounding, and I am going to include this questioner because it shows how clueless someone can be about both my work and investing in general.
The first sentence, "what happened to Mobileye," implies something major might have occurred. For heaven's sakes, the stock was down a buck in yesterday's session after doubling in pretty much a straight line. So my answer is: Stocks tend to have people sell them after huge runs, because it's prudent to lock in gains. That's the case with Mobileye's stock. There were more sellers than buyers at higher levels, and the stock had to get knocked down to find more of them.
Now, I have liked Mobileye since the day it came public. I have reiterated that maybe 20 times since then. So I have to ask myself: Does this guy do anything other than look at me on Twitter? Because if that's the case, what's the point? I spend hundreds of hours analyzing companies in-depth and I explain why I like them, and the Twitter format just doesn't capture any of the work, let alone the nuance of it. I always say, why not check the places on the Web where my views are known, say CNBC.com or TheStreet. Why not read me? Why not watch me? If you are asking me about Mobileye after all these recommendations, then you probably think of Twitter as my primary way of communicating with investors. I am sorry, but it can't be. Nothing in 140 characters minus your name can really be helpful in this situation.
Second, if you had done any homework on what I have felt about Mobileye, you would know that I think the company has the best software for car navigation, the kind that all the car companies including Tesla (TSLA) are going for, and the collision avoidance characteristics are amazing. How do I know this? I went to the Web site. It has everything. Please go there.
The third line "I bought it and it got downgraded," is basically saying "Did I do it wrong because I am now down on the stock." Believe me, if you understand the process of investing and meld it with the core beliefs of the show or my writing, that you do homework and then buy and keep doing homework rather than hold it thoughtlessly, then you shouldn't worry about the downgrade. This is the kind of question you ask when you have no conviction and have done no homework and basically just bought the stock because it's going higher.
The actual downgrade was made because, while the analyst thinks the company's terrific, he is cognizant that the stock just doubled in no time flat and has gone up too far too fast. That's just a plain commonsense observation. That's why I tell people that before they pull the trigger on a highflier like Mobileye they should not buy all at once and, rather, be planning on stages to buy if it goes down, something that's pretty much bound to happen soon because stocks, even stocks as good as Mobileye, don't go straight up forever. I think, though, that this gentleman's getting ready to kick it out because of the downgrade, without even knowing what the downgrade's about. Ouch!
http://www.thestreet.com/story/12877547/1/jim-cramers-reply-to-twitter-question-always-do-your-homework.html?puc=aol&cm_ven=AOL
Short will be surprised when MBLY announce agreement with Toyota,.
Toyota can not afford to be left behind Infiniti, Honda, BMW, etc.. in new technology.
It is best interest for Toyota to wrap this and incorporate into their new car ASAP.
Analyst Itay Michaeli said Toyota (NYSE:TM) is one of the few remaining large automakers that has yet to enter production with Mobileye, though it is evaluating the technology.
Short really try hard and repeat old news in 3 days.
May be it is a ploy to get large institution in slowly and not chasing stocks.
Mobileye NV Rating Lowered to Hold at Deutsche Bank (MBLY)
Agreed. Adding more position.
I am fully loaded with stocks and Long term calls option
WBT BOT +2 COMBO MBLY 100 JAN 16 50/55 CALL/PUT @1.90
Cost only $1.9 to lock on January 2016 at $50 not bad.
Seem like LNG will pass $84 so I would not be PUT next week.
Cash will be free and clear to use when they decide to PUT me.
Pursue selling Oct 14 85 PUT for $4.10
Hand free driving. Technology is here and MBLY is the one and only.
Better to accumulate more shares. Forget about short term dip.
If no cash around suggest buying call or buy Long Synthetic stock option.
I saw someone put this link in seeking alpha. It cools
Up too far and too fast is not good.
Slow but sure trend up is better.
May be until $100, I would take original cost out and let it go free.
I guess people who want to take profit are done. Now no more selling pressure.
Let them sell, I bought on this dip. I am looking for long term.
Future is bright. Adding shares (no need option) at $53.30
Agree on that. Both LNG & MBLY had good fundamental going forward.
Never dare to touch GoPro. Seem like FAD to me.
Actually I kept adding LNG along the way when they gave me.
Still have short PUT $84 that they may put me if it stay at this point. If not I kept insurance premium.
You should have look how MBLY run after IPO of $25 last month. Now $58 today. What a run. Now it start to overtake LNG as my number 1 on my portfolio. Glad my 2 largest position on the big run.
Yes. It would be at least $100 by next year.
I lock on Jan 2016 combination for $3.50 as of now executed
That is more than one year from today.
Breakeven point at $53.50
It is good bet (I hope)
WBT BOT +3 COMBO MBLY 100 JAN 16 50/55 CALL/PUT @3.50
(That is using cash from selling 55 PUT to help finance part of Jan 2016 50 call)
Mobileye NV (NYSE: MBLY) gained more than 6 percent Monday on news that Tesla Motors plans to develop its own self-driving system with part of the technology to be rolled out in three years.
Read more: http://www.benzinga.com/analyst-ratings/analyst-color/14/09/4833196/mobileye-nv-gains-tesla-motors-inc-to-use-multiple-suppl#ixzz3Cl1TzLRL
Without LNG and MBLY BRK.B today, I would have big Lost.
All other energy stocks drop big.
Go LNG
Whatever the rule is. The fact is MBLY already BEEN upgraded since August 26. Everyone who follow MBLY knew that fact.
So September 10 rule was wrong.
I actually loaded up the shares on August 25 including option.
August 26 stock was upgraded left and right. I made a fortune that day.
http://www.wkrb13.com/markets/362491/raymond-james-begins-coverage-on-mobileye-nv-mbly/
BTW: I do not mind if they upgrade again on September 10.
I am confused, I thought it was ended since August 26 that is why it was upgraded since August 27 and stock was on the run from then.
http://seekingalpha.com/article/2432805-mobileye-n-v-driving-up-high-into-the-quiet-period
The SEC-enforced 25 day quiet period on underwriter analyses of MBLY, initiated with the firm's July 31 IPO, will conclude on August 26.
On August 27, MBLY’s IPO underwriters can publish analyses of this Israeli ADAS technology developer, likely leading to a rise in MBLY share price.