What are you buying today?

[lnofeisone]

closed out my UNG short and put it into CVE/WS (now 3% of my portfolio), COST, V

[ERICOPOLY]

On 1/21/2022 at 6:18 PM, bathtime said:

Would like to buy in 20s near IPO share price if March lockup creates sell pressure. 

 

Strange it's up 4% today after being down almost 6%.  I'm thinking it's not hitting the 20s but maybe.

[Red Lion]

Added to BX today. 

 

[boilermaker75]

1 hour ago, ValueArb said:

I apparently bought 500 shares of ARKK at $68.22.

 

By that I mean my $100 ARKK Puts were supposed to have expired Friday, and I thought they'd be cash settled at $71 or where ARKK closed on Friday, but instead this happened? I've never seen this before, what the heck happened?

 

Are you looking at your transaction or your cost basis?

[Agrippa07]

new position in IAC, added to FB and Intel and a tiny (0.01%) position in ESTC/Elastic

[Libs]

More HQI. 

[Spekulatius]

Small adds to many existing positions. New ones: SPB and STNE and ATVI.

[Spooky]

Started a position in SHOP and NFLX.

[thepupil]

i bought some QQQ...moving from 5.5% "big tech" to 7.5%. I still feel egregiously underweight these (for the most part) high quality growing businesses at pretty reasonable/fair valuations.

 

I buy a good bit off index /month in my 401k which i don't consider part of my portfolio and is very small right now

 

I didn't want to preclear anything and just bought the ETF which is

12% AAPL

10% MSFT

6.5% AMZN

5% META

4% TSLA 

GOOG, NVDA, GOOG again PEP, ADBE, etc. 

 

wont be bottom but whatever

Edited January 24, 2022 by thepupil

[ValueHippie]

3 hours ago, ValueArb said:

I apparently bought 500 shares of ARKK at $68.22.

 

By that I mean my $100 ARKK Puts were supposed to have expired Friday, and I thought they'd be cash settled at $71 or where ARKK closed on Friday, but instead this happened? I've never seen this before, what the heck happened?

Did you write the puts?

 

This happens, because the options traded below 71 "after hours". I think the cut-off time is something like 5:30 pm. However, it's mostly the big players who can exercise options until then.

 

You can actually find screenshots of people who lost millions because of that, even though they put on a credit spread.

[ValueArb]

16 minutes ago, ValueHippie said:

Did you write the puts?

 

This happens, because the options traded below 71 "after hours". I think the cut-off time is something like 5:30 pm. However, it's mostly the big players who can exercise options until then.

 

You can actually find screenshots of people who lost millions because of that, even though they put on a credit spread.

 

I bought the puts, but the only quotes I've seen where it traded below 70 was during hours today, shouldn't they have been closed out friday?

 

This must be the first time I've ever made made money on puts since I never remember this happening before.

[thepupil]

1 minute ago, ValueArb said:

 

I bought the puts, but the only quotes I've seen where it traded below 70 was during hours today, shouldn't they have been closed out friday?

 

This must be the first time I've ever made made money on puts since I never remember this happening before.

 

options are not cash settled.

 

your puts to sell ARKK at $100 were autoexcercised by your broker (which was good because otherwise they'd have lapsed worthless). this is standard procedure for in the money options.

 

What's weird to me is they automatically covered the shares or did you have to cover?

[ValueArb]

1 hour ago, boilermaker75 said:

 

Are you looking at your transaction or your cost basis?

 

Not sure what you mean here. I owned 5 contracts to put ARKK at $100 that expired Friday (I thought). Yet somehow today during market hours I've gotten notifications of purchases of the stocks in my puts that finished in the money (WKHS, NKLA, ARKK), which I'm presuming means they are being closed out by IBKR.

 

For another example, the WKHS purchase is dated just an hour ago, at $3.065, which is less than low from Friday and same number of shares that I had for my $5 WKHS puts.

[johnpane]

Your puts were exercised Friday, giving you a sale of ARKK at $100 and leaving you short 500 shares. Your broker must have covered that short Monday -- maybe you can't borrow ARKK.

[ValueArb]

1 minute ago, thepupil said:

 

options are not cash settled.

 

your puts to sell ARKK at $100 were autoexcercised by your broker (which was good because otherwise they'd have lapsed worthless). this is standard procedure for in the money options.

 

What's weird to me is they automatically covered the shares or did you have to cover?

 

Ok, this makes sense. I did nothing, I had assumed cash settled, IBKR must have covered the shares for me and I benefited by them doing it today at lower prices than I could have done on Friday.

[ValueArb]

Just now, johnpane said:

Your puts were exercised Friday, giving you a sale of ARKK at $100 and leaving you short 500 shares. Your broker must have covered that short Monday -- maybe you can't borrow ARKK.

 

Thanks, that makes it very clear.

[Castanza]

BX

[gokou3]

Converge Technology Solutions, CTS on TSX.  A roll-up in the IT service space with strong per-share growth and reasonable valuation (~11x EV/adj EBITDA)

[matthew2129]

Started a position in NFLX and closed out some ATCO covered calls. What a gift days like today are

[scorpioncapital]

nothing

[Zemergefen]

I had planned on buying end of day .

Wrong timing... so did not bought as much as I wanted.

Got some STNE. 

[ANP301191]

Added some MSFT, GOOGL and AMZN

[Castanza]

Take a page out of @thepupil's book and getting a some more exposure to tech. 

 

Nibbling at some new positions NVDA, INTC, TSM

 

Adding to BX, MMM, VZ

[Gregmal]

Finally got off some good slugs of PCYO last two days. 30% of daily volume be damned 

[Castanza]

37 minutes ago, Gregmal said:

Finally got off some good slugs of PCYO last two days. 30% of daily volume be damned 

Is this still your top holding?