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Posted
1 hour ago, bathtime said:


Have you worked with SNOW’s tech, @lnofeisone?

Yes and would say their products are top notch, on their own or when compared to competition (I've worked with Databricks, Redshift, etc.). I am already down $4/share on my purchase but I'm comfortable scaling in as this keep dropping. 

Posted
1 hour ago, Gregmal said:

Quadrupled my position in EPSN yesterday and today. Nice setup there. 

Not familiar with this one (and probably shouldn't be given how excessively overweight I am in energy). What's the set up here?

Posted
13 minutes ago, lnofeisone said:

Not familiar with this one (and probably shouldn't be given how excessively overweight I am in energy). What's the set up here?

Underfollowed OTC stock that uplisted to Nasdaq few years ago. Super conservatively managed. No debt. Pretty much, but not quite a royalty company...they dont drill. Assets predominantly in Marcellus and operated by CHK. Latest update showed encouraging results in OK which should materially ramp the earnings. Selling from large shareholders putting a lid on stock. Company using this to repurchase shares. Large existing insider ownership. Current dividend yield is 3.5% which should only go higher. Check their May 31 release for latest updates but seems super low risk given the macro backdrop. 

Posted
31 minutes ago, sfbm21 said:

What is thesis here. Dividend? German govt ?

DPW (DHL essentially) is a very cheap and well managed international logistics company. German government is not relevant here. Dividends and share buybacks provide a nice capital return.

Posted
55 minutes ago, Gregmal said:

Underfollowed OTC stock that uplisted to Nasdaq few years ago. Super conservatively managed. No debt. Pretty much, but not quite a royalty company...they dont drill. Assets predominantly in Marcellus and operated by CHK. Latest update showed encouraging results in OK which should materially ramp the earnings. Selling from large shareholders putting a lid on stock. Company using this to repurchase shares. Large existing insider ownership. Current dividend yield is 3.5% which should only go higher. Check their May 31 release for latest updates but seems super low risk given the macro backdrop. 

Thanks and looks interesting. Feels like they are somewhat ahead of the curve without debt and already doing repurchases in the $7 range. Good floor for sure. They will also have a pile of cash come year end. 

Posted

Sold BRK puts <300, 9 days out…bid wasn’t super sexy but its easy money and the volume sold was enough to make it enticing. Heads/tails I win as I’m sitting on a ton of cash from a recent home sale and would like to put it to work in some capacity. I’ll likely keep doing this until I get assigned over the next couple weeks/months. 

Posted
8 hours ago, Blugolds11 said:

Sold BRK puts <300, 9 days out…bid wasn’t super sexy but its easy money and the volume sold was enough to make it enticing. Heads/tails I win as I’m sitting on a ton of cash from a recent home sale and would like to put it to work in some capacity. I’ll likely keep doing this until I get assigned over the next couple weeks/months. 

 

I wrote June 10 expiration 302.5 and 305 puts yesterday.

Posted
9 hours ago, Blugolds11 said:

Sold BRK puts <300, 9 days out…bid wasn’t super sexy but its easy money…


Don’t jinx it by saying ‘easy money’ lol.

Selling 200 strike puts on March 4, 2020 was easy money, too - five months later.

Posted
8 hours ago, backtothebeach said:


Don’t jinx it by saying ‘easy money’ lol.

Selling 200 strike puts on March 4, 2020 was easy money, too - five months later.

 

I still have some covid era short BRK puts in my accounts that will expire soon, including some $110 puts where I got 8.50 premium. Those were the days.

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