What are you buying today?

[Red Lion]

On 10/28/2022 at 4:38 PM, ValueMaven said:

Bought a very small trading position in AGNC ... blow-up risk is real here - but they are at a ~20% discount to book and havent cut the dividend yet.  If rates and swap-spreads come down a touch and MBS rally, this could go to $10 quickly 

 

I started a small trading position last week in their P series fixed to floating preferred shares, I feel like the upside is probably similar and downside lower than the common, but I don't trust these mortgage REITs and even in a preferred I'm keeping this position size extra small. 

[Red Lion]

Bought back all of my BX and MPW puts today for a nice quick profit.

[Red Lion]

Bought a vertical put spread on QQQ $265/$260 expiring on Friday. This a very small position but could return 10X if QQQ drops 5% by Friday. 

[Spekulatius]

Adding a few more GOOGL shares here.

[aws]

I bought some Google too for the first time since the split into multiple share classes. I'm sure it doesn't make much of a difference which class, but is there a reason GOOG is about a dime more than GOOGL? I thought GOOG shares were identical but nonvoting, so I would have expected those ones to be modestly cheaper.

[Gregmal]

Joined you guys. Swapped a bit of Berkshire into Google at the close. 

[boilermaker75]

Wrote 43-strike, Dec 2 expiration, WFC puts for $0.54 per share.

[Red Lion]

Bought a big chunk of 912796YW3, T-bill maturing 5/4/2023 for $978 for 4.5% YTM. 

[DooDiligence]

More GOOGL if it hits my stinker bid of $85.

[LC]

Picked up some VRE $15 calls for a buck, and also some VRE around 14.XX

[Kupotea]

Bought a fairly large chunk of NE.

[no_free_lunch]

POOL.  There are some headwinds in the short term but excellent long term growth and good management.  As I understand it they are not as dependent on new construction as the stock price would imply.

[Ross812]

Closed out my $38 ebay puts on the bump after earnings thus morning.  Bought some 90 day treasuries yielding 4.2%. 

[Xerxes]

I saw a note that says Apple is now valued more than Amazon, Facebook and Alphabet combined !! Wow. 
 

$1.1 trillion for Google

$938 billion for Amazon

$238 billion for Meta

 

The last of the “Generals”, Apple, holding the line at $2.3 trillion.

 

Today, would you rather pay $2.3 trillion to buy the whole of Apple or would you rather own the whole of the trio of Amazon, Google and Meta at these prices.  

[Gregmal]

3 minutes ago, Xerxes said:

I saw a note that says Apple is now valued more than Amazon, Facebook and Alphabet combined !! Wow. 
 

$1.1 trillion for Google

$938 billion for Amazon

$238 billion for Meta

 

The last of the “Generals”, Apple, holding the line at $2.3 trillion.

 

Today, would you rather pay $2.3 trillion to buy the whole of Apple or would you rather own the whole of the trio of Amazon, Google and Meta at these prices.  

Basically would you rather own the internet, or simply the medium through which people access it. Pick and shovel is usually the best approach. 

[Red Lion]

I'm short $90 GOOGL puts expiring today, and I'm going to just let them get assigned because I've been trying to add at or below $90. Managed to get a couple options premiums out of it. 

 

I also had more $90 GOOGL puts expiring on January 2023 I rolled those out to January 2024 down to a $78 strike for a $0.30 net credit. This position is not going to be anything special as far as IRR, but at least I can leave money in T-bills paying 4.5% while I wait to see if I can get these shares at a lower price.

 

I'm trying to be disciplined while building positions on the downturn and am trying to add after 5-10% market price drops while I'm still building my position. 

[KJP]

IAC

[Agrippa07]

added to Paypal and IAC, also Meta/FB earlier this week 

[n.r98]

Been buying $DCP. Another MLP company, probably gets taken out by PSX soon - read PSX latest Q3 transcript - almost seems like a 99.99% probability, big question is what's the premium? That's all a wild guess of course - SHLX was 23%, BKEP was like 50% +.. 

 

Simple back of the envelope - 8% normalized yield on 60% 2022 distributable cash flow = $47 per share. So maybe another 15-20% upside from  here, downside is perhaps 10% (?) - PSX offered a zero premium bid in August. But given oil markets a lot stronger now than in Aug, maybe trades higher even.

 

Seems like a nice uncorrelated sit.

Edited November 5, 2022 by n.r98

[Red Lion]

GOOGL puts were assigned @ 90. 

[Dave86ch]

Added to $META

Added to Bitcoin

[ERICOPOLY]

Today I paid $48 for a $1,499 Samsung Bespoke counter-depth refrigerator at Home Depot.

 

It was part of my 6 appliance order, and the bundle discount for 6 or more Samsung appliances is $750.   If you only buy 5 Samsung appliances the bundle discount is $500.  So I was given an additional discount of $250 for appliance #6.

 

In addition, I got $500 off for purchasing a Bespoke refrigerator as part of the bundle.  The one I purchased was on sale for $798, reduced from $1,499.

 

$798 - $500 - $250 = $48.

 

And delivery+install is free too.

 

Edited November 6, 2022 by ERICOPOLY

[matthew2129]

2 hours ago, ERICOPOLY said:

Today I paid $48 for a $1,499 Samsung Bespoke counter-depth refrigerator at Home Depot.

 

It was part of my 6 appliance order, and the bundle discount for 6 or more Samsung appliances is $750.   If you only buy 5 Samsung appliances the bundle discount is $500.  So I was given an additional discount of $250 for appliance #6.

 

In addition, I got $500 off for purchasing a Bespoke refrigerator as part of the bundle.  The one I purchased was on sale for $798, reduced from $1,499.

 

$798 - $500 - $250 = $48.

 

And delivery+install is free too.

 

I know that fridge, it is a fine fridge, but I would never pay over $45 for it personally

[Ross812]

@ERICOPOLY I hope samsung has worked out the kinks in their refrigerator line. We have a french door model, purchased in 2013, and the refrigerator fan freezes up causing it to get too warm which freezes up the ice maker. Samsung had a couple of service bulletins but they didn't solve the issue. 

[ERICOPOLY]

36 minutes ago, Ross812 said:

@ERICOPOLY I hope samsung has worked out the kinks in their refrigerator line. We have a french door model, purchased in 2013, and the refrigerator fan freezes up causing it to get too warm which freezes up the ice maker. Samsung had a couple of service bulletins but they didn't solve the issue. 

 

We have model RH22H9010SR, also purchased around 2013 and it doesn't do that.  But we own one with the same problem as yours and we left that behind when we moved recently.