What are you buying today?

[villainx]

31 minutes ago, Paarslaars said:

Personally prefer silver miners, more underlying supply crunch because of industrial purposes. Gold is just going up because BRICS are buying... they could dump just as easily.

Good basket of companies or etf?

 

 

[Jan]

1 hour ago, Paarslaars said:

Personally prefer silver miners, more underlying supply crunch because of industrial purposes. Gold is just going up because BRICS are buying... they could dump just as easily.

interesting! which silver miners do you like?

[Paarslaars]

ETF: I own SILJ calls (the junior miners ETF).

 

I work in a metals recycling company and we've seen lease rates jump up a lot for silver (also platina).

While I believe silver gets the same benefit from the current trade where countries other than the US are diversifying away from the dollar via precious metals, it also has a substantial use in the electronics industry which is growing.

Edited December 24, 2025 by Paarslaars

[Spekulatius]

7 hours ago, Paarslaars said:

ETF: I own SILJ calls (the junior miners ETF).

 

I work in a metals recycling company and we've seen lease rates jump up a lot for silver (also platina).

While I believe silver gets the same benefit from the current trade where countries other than the US are diversifying away from the dollar via precious metals, it also has a substantial use in the electronics industry which is growing.

Silver is also the last metal to get caught in the last leg of a precious metal bull market before they crash. It seems to work without fail since 1980 (the Hunt brothers frenzy).

[Jan]

4 hours ago, Spekulatius said:

Silver is also the last metal to get caught in the last leg of a precious metal bull market before they crash. It seems to work without fail since 1980 (the Hunt brothers frenzy).

 thank you for this one, I decided silver mining goes in the "too hard" pile for me

[brobro777]

7 hours ago, Spekulatius said:

Silver is also the last metal to get caught in the last leg of a precious metal bull market before they crash. It seems to work without fail since 1980 (the Hunt brothers frenzy).

 

I agree - maybe a chance that it hits $100 in a blow off top

 

I should probably sell all the pre-1964 silver quarters I had since the 1990s, haha

 

 

[villainx]

Maybe this time it's different?

 

 

Edited December 26, 2025 by villainx

[Spekulatius]

Bought some $RYAN here.

 

I actually sold some high cost shares in $BRO today to take some tax losses and finance the $RYAN purchase. I do like $BRO though as well and have a whole lot more $BRO than $RYAN

[dipod]

Shorted some slightly OTM NVO puts expiring next week.

[DooDiligence]

1 minute ago, dipod said:

Shorted some slightly OTM NVO puts expiring next week.

 

Collecting premiums and occasionally getting assigned. Another great way to back into a position.

[dipod]

3 hours ago, DooDiligence said:

 

Collecting premiums and occasionally getting assigned. Another great way to back into a position.

Yup. This has been a good way to augment returns. Although it's also annoying to miss out on big gains like this weeks' from puts that expire worthless.

[Gregmal]

46 minutes ago, dipod said:

Yup. This has been a good way to augment returns. Although it's also annoying to miss out on big gains like this weeks' from puts that expire worthless.

Idk. I sell puts all the time on stuff. I generally view it as a way to create a synthetic dividend. Not capture upside. Generally I have a solid position in the stuff I’m doing this with; so sure I’m happy to take on more, but I typically only get exercised on 1/20-1/25 or so. Stuff like MSGe/s or JOE I’ve probably gotten low double digit returns last few years just rolling them.

[Marco Van Basten]

1 hour ago, dipod said:

Yup. This has been a good way to augment returns. Although it's also annoying to miss out on big gains like this weeks' from puts that expire worthless.

It is also dangerous if it means that you are leveraged.  Markets can and occasionally do crash.  

[lnofeisone]

8 minutes ago, Marco Van Basten said:

It is also dangerous if it means that you are leveraged.  Markets can and occasionally do crash.  

I agree with @Marco Van Basten. Selling puts means you are leveraged up and require a decent amount of risk management. Nothing wrong with the setup and it helps if you are willing to own the stock. Otherwise, this would keep me up at night. 

[dipod]

9 hours ago, Marco Van Basten said:

It is also dangerous if it means that you are leveraged.  Markets can and occasionally do crash.  

Totally true. I pretty much never sell puts on names I don't want to own. And I have probably used leverage once. My comfort level with margin is effectively zero. The company (NVO)/industry is one I have a fairly decent handle on so it seems less risky selling CSPs or buying common stock in this name compared to many other issues. That whole circle of competence thing has probably been my biggest lesson so far this year. Used to jump into names because "others were doing it" (and still do that to a limited extent as many have good ideas), but switching things up and concentrating on what I know/understand/research deeply has been quite helpful. LLYs drugs are objectively better, NVOs drugs are a little inferior. But the degree of inferiority with NVOs GLPs does not line up with the degree of spread between their valuations. Cagrisema resulted in 23% weight loss (and an application for approval has been put in). Recent top line data from Retatrutide (the big, scary, amazing weight loss drug that LLY will be releasing in like 2 years) showed 28.7% weight loss from baseline at 68 weeks. That's phenomenal. That's 5.7% better than Cagrisema. Does that explain the big price discrepancies between both companies? I would argue no. And NVO has some nice drugs coming down the pike that will likely compete favorably with retatrutide. There's enough room for both players given the size of the obesity market.

[73 Reds]

9 hours ago, Marco Van Basten said:

It is also dangerous if it means that you are leveraged.  Markets can and occasionally do crash.  

Not sure I understand this comment.  Selling puts is like getting paid to place a limit buy order.  

[lnofeisone]

10 minutes ago, 73 Reds said:

Not sure I understand this comment.  Selling puts is like getting paid to place a limit buy order.  

If you manage your risk. If you wanted to buy 200 shares of NVO and you sold 2 puts, that's fine. Margin allows you to sell a lot more than just 2 puts in that's what gets people in trouble. Especially if there is a gap down. 

[Marco Van Basten]

41 minutes ago, 73 Reds said:

Not sure I understand this comment.  Selling puts is like getting paid to place a limit buy order.  

No, it is not.  For one, if the facts or your perception of them changes, you can cancel the limit order before it is executed, with a sold put, not always.  For instance if you wake up one morning and the plant burned down, the stock will open down 25%, but you cancelled your limit order, but with the put option you are stuck.

The more important issue is that this is leverage, and not all investor know how to handle it.

[73 Reds]

1 minute ago, Marco Van Basten said:

No, it is not.  For one, if the facts or your perception of them changes, you can cancel the limit order before it is executed, with a sold put, not always.  For instance if you wake up one morning and the plant burned down, the stock will open down 25%, but you cancelled your limit order, but with the put option you are stuck.

The more important issue is that this is leverage, and not all investor know how to handle it.

You can re-purchase your put the same as cancelling your limit buy order.  In fact, put sales are less risky because you have been paid for some of the risk you have taken.

[dwy000]

1 hour ago, 73 Reds said:

You can re-purchase your put the same as cancelling your limit buy order.  In fact, put sales are less risky because you have been paid for some of the risk you have taken.

Repurchasing your put could cost you a fortune depending upon the put you sold and how far the stock dropped. 

[benchmark]

2 hours ago, Marco Van Basten said:

No, it is not.  For one, if the facts or your perception of them changes, you can cancel the limit order before it is executed, with a sold put, not always.  For instance if you wake up one morning and the plant burned down, the stock will open down 25%, but you cancelled your limit order, but with the put option you are stuck.

The more important issue is that this is leverage, and not all investor know how to handle it.

if the stock is down 25%, your limit order is likely getting executed. With options, it may or may not be put into. I think both lose money, as long as you can manage the risk of potential over exposure with options with margin.

[Eng12345]

3 hours ago, Marco Van Basten said:

The more important issue is that this is leverage, and not all investor know how to handle it.

Are you just speaking on the nature of selling uncovered puts? 

 

Just curious because I've been contemplating starting to sell cash covered puts on some stocks that I want to own more of with my sometimes larger than needed cash pile. 

 

As a general rule I try to stay away from options as I have found them to be my own personal version of a money incinerator. But I'm fairly unsophisticated. 

Edited December 27, 2025 by Eng12345

[dipod]

I certainly am not in the camp of selling uncovered anything relating to options. Risk is too great. Or using margin. But if one sells puts as a way to enter a stock purchase at a discount, I don't really see why that is so bad.

[73 Reds]

1 hour ago, dwy000 said:

Repurchasing your put could cost you a fortune depending upon the put you sold and how far the stock dropped. 

Isn't it the same as if you owned the stock?  At least you have the put premium with short puts.  I think sometimes people misconstrue short puts with "naked" options.  Its just another way to buy a stock with the same risk profile.

[Mephistopheles]

32 minutes ago, 73 Reds said:

Isn't it the same as if you owned the stock?  At least you have the put premium with short puts.  I think sometimes people misconstrue short puts with "naked" options.  Its just another way to buy a stock with the same risk profile.

 

Same as if you own the stock yes, but on margin, unless you're doing cash secured puts.