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Post Your Stock/Option Picks, What are You Trading?

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MJ DeMarco

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Some folks have asked that we create a stock/option trading thread, a thread where you can post any stock or equity trade that you think is a winner.

In the RANDOM CHAT thread, several mentioned Alibaba as a potential trade with high upside.

I'll start...

5 months ago I bought 100 contracts on the VNQ as an inflation hedge. Those options have already increased by 120%.

After I bought my house (also an inflation hedge) I started to sell out of the position. I still have 35 contracts left.

The VNQ chart...

1630698651368.png

At the moment, due to my move to a new state, I haven't been trading a lot, or trading options (my bread/butter) but I hope to get back into it once I get settled AND the market shakes out a bit.
 

ljean

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Sporting goods have been kicking a$$ for me. DKS, BGFV, HIBB, VSTO
 

socaldude

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Sporting goods have been kicking a$$ for me

I did pretty well with ASO. Bought the stock and some calls. The calls *looked* expensive but they were cheap.

I have scaled back my trading as I think this market is due for a correction. I just don’t see a whole lot of upside. I’m keeping an eye on Banks and growth stocks.
 
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MJ DeMarco

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I have scaled back my trading as I think this market is due for a correction. I just don’t see a whole lot of upside. I’m keeping an eye on Banks and growth stocks.

Truth is, I've been saying this for 4 years. But the inflationary undercurrent is a tough tide to reverse.
 

socaldude

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Truth is, I've been saying this for 4 years

We have been saying this on this forum for 7 years. Nah, it can’t go any higher no way.

:rofl:



But the inflationary undercurrent is a tough tide to reverse.

True that. There’s just no where to put your money. But I think a correction will be needed to go higher. It will be an opportunity to buy as it’s easier to time a bottom than to time a top. If the correlations between growth stocks and interest rates start acting funny we will see a VIX spike. IMO
 

thechosen1

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Sporting goods have been kicking a$$ for me. DKS, BGFV, HIBB, VSTO
BGFV has been killing it for me.

I doubled my money on it in a few months awhile back.

Premiums are juicy.
 

Zaratustra

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Coca cola brand is so well established, that even foreign minister of china is using it as an allegory during press conferences.

Masses making terrible dietary decisions, is a safe bet. I would never buy a stock of a company selling kale juice.
 

MTF

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How's TSM looking for you guys considering the chip shortage, rapid developments in AI and its competition with Intel? I love dividend stocks and it looks like a possible nice long-term dividend growth pick.
 

ljean

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How's TSM looking for you guys considering the chip shortage, rapid developments in AI and its competition with Intel? I love dividend stocks and it looks like a possible nice long-term dividend growth pick.
Seems like a lot of geopolitical risk ATM.
 

MTF

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Seems like a lot of geopolitical risk ATM.

True, though I find it hard to imagine Taiwan ever surrendering to China. They may compete with them but Taiwan still seems like a safer bet for the Western companies. Unless China tells the Western world to stop buying stuff from Taiwan lol.
 

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Here is my options trade tracker - a spreadsheet. There you can see all my currently open trades, tickers I trade, strategies, premiums, and results. And I also post my weekly results in a thread here in this forum with a link to my blog where I post details. If interested, please, visit the blog, and the spreadsheet, and let me know if you have any questions. I am happy to help and explain what I do. The results are... well, great. Up over 300% for the year so far. I have been trading for 15 years (options) and it was a painful learning curve to trade successfully.
 

socaldude

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Bears might actually have a chance here with this market if previous support levels can’t hold. Big open interest on those Oct 20 VIX 50 calls.

We touched all time highs and the spot VIX was unable to make an all time low. Despite already making a low of 14. Shouldn’t we be at 12? Also why haven’t smart money removed their expensive portfolio insurance?

Would be a good time to pickup some quality stocks if we see a correction here.
 

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