The stock pick of the day

Discussion in 'Stocks' started by never2old, May 15, 2020.

  1. never2old

    never2old

  2. looking forward to this post and posting later on
     
    #12     May 16, 2020
    never2old likes this.
  3. never2old

    never2old

    Last edited: May 16, 2020
    #13     May 16, 2020
  4. BUY +1 1/-2/1/-2 CUSTOM BA 100 19 JUN 20/19 JUN 20/19 JUN 20/19 JUN 20 140/145/105/100 CALL/CALL/PUT/PUT @-4.48 LMT
     
    #14     May 16, 2020
  5. never2old

    never2old

    @Stamamarti thanks for posting your BA trade/pick with options expiring 19 June.

    to clarify, if you could please confirm that this is the trade, kindly re-post & correct as necessary? ... thanks

    buy 100 shares at $120

    sell 1contract 140 call
    buy 2 contracts 145 call
    sell 1 contract 105 put
    buy 2 contracts 100 put

    cost 4.48

    what is the range for profit or loss?

    what is the min/max profit?

    what is the min/max gain?
     
    Last edited: May 16, 2020
    #15     May 16, 2020
  6. I would short BA. That is my stock of the day. I am not sure when would be the correct moment to place the trade, but if you were already thinking of shorting an index, why not better short Boeing, which stands to lose a lot more?
     
    #16     May 16, 2020
  7. Well you read it all wrong.. To clarify, this is not an investment advice, but merely an example of a pure option trade... .. no outright shares to purchase. Only,

    Buy 1 contract 140 call
    Sell 2 contracts 145 call
    Buy 1 contract 105 put
    Sell 2 contracts 100 put

    For a credit of: 4.48x 100=448
    Max Gain: 9.48x100 =948 if price hits $145 or $100 at expiry.

    Probability of positive gain ~ 0.72

    Max loss could be substantial but is per management style.... One could and will lose more than $1000 if BA drops below $80 or increases above $165 by expiry, but this has a probability of only 0.13 to occur...

    Hope this clarifies....
     
    #17     May 16, 2020
    handelaar.nl and never2old like this.
  8. never2old

    never2old

    thanks ^^^ that, appreciate the clarification
     
    #18     May 16, 2020
  9. mac

    mac

    My pick For Monday is BYND. Still seems to have some gas left.
     
    #19     May 17, 2020
  10. Lo
    Long? Short? Or????
     
    #20     May 17, 2020