-
David Moadel replied to the topic Facebook underperforming again in the forum Facebook (FB) 6 years, 10 months ago
Well played with BABA, Guillermo. I am confident that you will do well with all three: BABA, FB, and AAPL.
-
David Moadel replied to the topic Orders in on the day for VXX in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 10 months ago
Well played, Ricardo.
kellykline, with SVXY at 134 and creeping upwards as I write this, you might want to take profits if you sold calls on it…
-
David Moadel replied to the topic China Crackdown on Cryptos in the forum Cryptocurrencies: Bitcoin, Ethereum, Litecoin, & Altcoins 6 years, 10 months ago
Hello ultrafeel, and thank you for participating in the forums, all the way from Switzerland! I would be amazed to see bitcoin go down to $1,000-$2,000 USD but anything is possible in the Wild West world of cryptos. BTC is above $10,000 USD now, so at least there may be some stabilizing in the works — perhaps even a buying opportunity for the gutsy….
-
David Moadel replied to the topic Are y'all ready for the 91-for-1 GBTC stock split? in the forum Cryptocurrencies: Bitcoin, Ethereum, Litecoin, & Altcoins 6 years, 10 months ago
I must admit that I have no current position in GBTC. Actually I feel that’s a good thing because I can be more objective in my assessment of it. I considered buying GBTC before the split in anticipation of small-account traders piling in after the share price becomes more affordable… but now I’m realizing that’s a risky trade because the price…[Read more]
-
David Moadel started the topic Are y'all ready for the 91-for-1 GBTC stock split? in the forum Cryptocurrencies: Bitcoin, Ethereum, Litecoin, & Altcoins 6 years, 10 months ago
Are y’all ready for the 91-for-1 GBTC (Bitcoin Investment Trust ETF) stock split? It’s coming!
-
David Moadel replied to the topic China Crackdown on Cryptos in the forum Cryptocurrencies: Bitcoin, Ethereum, Litecoin, & Altcoins 6 years, 10 months ago
Indeed, pretty much all cryptos are down today. No worries, as the most popular cryptocurrencies have always gone up within a few days or weeks after scares like this.
-
David Moadel replied to the topic Spy calls -today’s date- Jan 11th in the forum Daily Market Action: DOW, NASD, SPX 6 years, 10 months ago
You could try the “poor man’s covered call” strategy with those LEAPs that you purchased, by selling weekly calls every week. Sometimes if you use that strategy, you’ll end up paying for those LEAP calls after a few months simply by collecting small premium payments every week.
-
David Moadel replied to the topic Orders in on the day for VXX in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 10 months ago
I sold some 30-strike calls and some 35-strike calls on UVXY, all expiring in exactly a month, before the closing bell rang. I would have no problem getting assigned at those strike prices….
-
David Moadel replied to the topic Trading the back month /VX futures in the forum Volatility Playground: Causation of the day! 6 years, 10 months ago
Richard, that is a well thought out strategy, much appreciated.
-
David Moadel replied to the topic VIX Sub 9 in the forum Volatility Playground: Causation of the day! 6 years, 10 months ago
Good question, Jason. Only Moses knows! I just react, never predict.
-
David Moadel replied to the topic UVXY and VXX LEAPS in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 10 months ago
Thank you for the info, Richard; I’ll need to check out that resource.
-
David Moadel replied to the topic Spy calls -today’s date- Jan 11th in the forum Daily Market Action: DOW, NASD, SPX 6 years, 10 months ago
Well said. Excessively large position sizes were my biggest mistake in 2017, and I’m not planning on making that mistake again this year.
-
David Moadel replied to the topic UGAZ/DGAZ in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 10 months ago
Hello Brad, for a while I’ve been thinking about treating UGAZ and DGAZ like I’ve been treating UVXY: a leveraged ETP with plenty of drag, and a possible candidate for a short position. Maybe even short UGAZ and DGAZ at the same time! Maybe I’m just crazy?
-
David Moadel replied to the topic Spy calls -today’s date- Jan 11th in the forum Daily Market Action: DOW, NASD, SPX 6 years, 10 months ago
I like your LEAPs strategy. LEAPs are an effective way to participate in a long-term play without having to buy hundreds of ETF or stock shares.
-
David Moadel replied to the topic Discussing S&P500 Earnings on Markets & VOL in the forum It's All About The Economy 6 years, 10 months ago
Those are all good questions, opsinin. As Seth alluded to, price changes based on sentiment tend to occur before price changes based on fundamentals. As Ben Graham once said, “In the short run, the market is a voting machine but in the long run, it is a weighing machine.”
-
David Moadel replied to the topic Why Bitcoing is worth $0, but Blockchain… in the forum Cryptocurrencies: Bitcoin, Ethereum, Litecoin, & Altcoins 6 years, 10 months ago
You’ve make some excellent points, RonTurkey. It’s pretty much all or nothing with altcoins, especially for position traders who plan to “HODL” (hold on for dear life). That’s why I would have a preference for swing trading these things, buying on dips and taking profits frequently.
-
David Moadel replied to the topic iPhone X sales debate amongst analysts' notes in the forum Apple Inc. (AAPL) 6 years, 10 months ago
I’m just like you, RetiredMarine — I never get the new phones when they come out. When I was a high school teacher, the students would say, “Mr. Moadel’s got a ghetto phone!” LOL
-
David Moadel replied to the topic Bear put spreads in the forum Target (TGT) 6 years, 10 months ago
I like it. Credit spreads usually have a nice statistical edge to them in terms of probability of profit
-
David Moadel replied to the topic UVXY bear put spread in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 10 months ago
When buying put spreads, I prefer to go out 3 to 6 months in duration. When selling options, 45 days is considered to be a good time frame in order to maximize theta decay.
-
David Moadel replied to the topic UVXY and VXX LEAPS in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 10 months ago
I feel that UVXY/VXX LEAP puts can be worth buying, but I would choose to buy in-the-money and then make it a vertical debit spread by selling an out-of-the-money put with the same expiration date. This will reduce the cost basis and can cushion the blow if the trade goes against you for a while.
- Load More