The next Kodak stock?

Discussion in 'Stocks' started by TheFoot, Jul 29, 2020.

  1. shaunc1

    shaunc1

    He lost a bit
     
    Last edited by a moderator: Jul 29, 2020
    #31     Jul 29, 2020
  2. guru

    guru

    Some traders reporting today they bought Apple options this morning for $16 that ended up being worth $540 by end of the day. That's much bigger return than KODK.
    Specifically, AAPL 420 Calls expiring today were $0.10 to $0.20 in the morning, then exploded to $5.40 by eod.
    So you don't need to look only for the "next Kodak stock" :)
     
    Last edited: Jul 31, 2020
    #32     Jul 31, 2020
  3. I bought the $410s for $1-$1.20, the $412.50 at $.30-.50s, $415s for $.20-$.40s and the $420s for pennies. The problem is Margin starts blanket selling after a certain time. Which brokerage allowed any size because Apple's final $12 jump was when Margin liquidates and IBKR locks you out of buying unless you have the BP.
     
    Last edited: Jul 31, 2020
    #33     Jul 31, 2020
  4. ZBZB

    ZBZB

    What was behind the Apple move?
     
    #34     Aug 5, 2020
  5. guru

    guru


    Earnings, continued excitement about Apple in general, and late buyers/funds. Apple went up that morning after earnings but the market was down a little, so Apple still had some juice, then shot up when the market started recovering in the afternoon. (and maybe Apple played a role in the recovery)
     
    #35     Aug 5, 2020
    ZBZB likes this.