jgyetzer Posted March 9, 2020 Share Posted March 9, 2020 Overwhelmed with options. So - SPX Link to comment Share on other sites More sharing options...
longlake95 Posted March 9, 2020 Share Posted March 9, 2020 OTEX, GIL, SABR, CVET, V I'm always early. Horny to hit the buy button. So, I'm learning to nibble. Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted March 9, 2020 Share Posted March 9, 2020 I nibbled at a little more of Altius, Eurobank, Annaly, and Sberbank. Have limit orders out on a few more names, but probably won't be hit today now that the initial panic is over. These were all very small incremental purchases. Not convinced the worst is over yet, but am beginning to let the greed take over the fear mechanism - at least with foreign stocks that were dirt cheap to begin with. Link to comment Share on other sites More sharing options...
alwaysdrawing Posted March 9, 2020 Share Posted March 9, 2020 Selling some calls on Vol, and buying more medium to long term puts on banks, health insurers, hotel operators, restaurants, airlines, junk bonds, market indexes. Market still doesn't understand the risk of a pandemic. Surprised the market isn't down more as this becomes more of a sure thing. Link to comment Share on other sites More sharing options...
woltac Posted March 9, 2020 Share Posted March 9, 2020 CFG, JPM, GOOGL Link to comment Share on other sites More sharing options...
Guest eatliftinvestgolf Posted March 9, 2020 Share Posted March 9, 2020 I bought BAC, JPM, WFC, CHTR, SCHW, and FRC. Added AXP and a small amount of OXY. Link to comment Share on other sites More sharing options...
alwaysdrawing Posted March 9, 2020 Share Posted March 9, 2020 Selling some calls on Vol, and buying more medium to long term puts on banks, health insurers, hotel operators, restaurants, airlines, junk bonds, market indexes. Market still doesn't understand the risk of a pandemic. Surprised the market isn't down more as this becomes more of a sure thing. Adding more puts. Wild that the options market is not reacting more. It's not quite as good as reading tomorrow's newspaper today, but I can't believe people are writing options here. Link to comment Share on other sites More sharing options...
Charlie Posted March 9, 2020 Share Posted March 9, 2020 Added more Berkshire b shares.... I hope Buffett find some great bargains with the cash hoard. :) Link to comment Share on other sites More sharing options...
rb Posted March 9, 2020 Share Posted March 9, 2020 BAC, EPD, PGR, BRK Link to comment Share on other sites More sharing options...
Viking Posted March 9, 2020 Share Posted March 9, 2020 BRK, BCE.TO, FTS.TO, TRP.TO, ENB, WMB, RSI.TO, WFT.TO Still 90% cash. Today was an oil shock. Expect Coronavirus news to get much worse in the US. Expect more downside. Wild cards are what government/fed does. If they announce they will buy corporates and stocks in volume the markets will pop. Trump is very aligned with this solution :-) Link to comment Share on other sites More sharing options...
bizaro86 Posted March 9, 2020 Share Posted March 9, 2020 DIS, LIF.TO, SRL. Sold some COST to fund the DIS. Link to comment Share on other sites More sharing options...
KJP Posted March 9, 2020 Share Posted March 9, 2020 Rosetta Stone FRP Holdings Vornado Williams Wells Fargo Bank of America Link to comment Share on other sites More sharing options...
ERICOPOLY Posted March 9, 2020 Share Posted March 9, 2020 Today was a tremendous buying opportunity. This thing is worse than flu, but not by all that much. In many ways it's not as scary as flu because children are not dying. I thought today of searching for a largish population where everyone was tested for the virus and where healthcare access was poor. Here it is: "Of the 705 passengers who tested positive for the virus on the Diamond Princess, six died -- which is a death rate of less than 1%. All of the patients who died onboard were more than 70 years old." https://abcnews.go.com/Health/early-mortality-rates-covid-19-misleading-experts/story?id=69477312 Link to comment Share on other sites More sharing options...
Castanza Posted March 9, 2020 Share Posted March 9, 2020 PLNT (Starter) DIS Link to comment Share on other sites More sharing options...
james22 Posted March 9, 2020 Share Posted March 9, 2020 Nibbled at Small Value (VSIAX) and Emerging Markets (VEMAX). Link to comment Share on other sites More sharing options...
Williams406 Posted March 9, 2020 Share Posted March 9, 2020 BRK and FRPH Link to comment Share on other sites More sharing options...
lnofeisone Posted March 9, 2020 Share Posted March 9, 2020 EPD and KMI Link to comment Share on other sites More sharing options...
alwaysdrawing Posted March 9, 2020 Share Posted March 9, 2020 Today was a tremendous buying opportunity. This thing is worse than flu, but not by all that much. In many ways it's not as scary as flu because children are not dying. I thought today of searching for a largish population where everyone was tested for the virus and where healthcare access was poor. Here it is: "Of the 705 passengers who tested positive for the virus on the Diamond Princess, six died -- which is a death rate of less than 1%. All of the patients who died onboard were more than 70 years old." https://abcnews.go.com/Health/early-mortality-rates-covid-19-misleading-experts/story?id=69477312 Funny, ERICOPOLY, as you were a big influence to me the past few weeks. When you made a bag back in the day spending $30k on options or whatever it was, you saw that the world was not what it seemed. Italy is totally locked down. Iran is in chaos. China was on full lockdown and still largely is. South Korea is doing well and testing, and will still have a brutal time. Oil fell 25% in a day, and treasury buyers are flocking to safety. The US is so clearly following the path of the worst hit places, that by the time we get around to quarantines our problems will be enormous. Italy had 3 confirmed cases a few weeks ago! Look what happened to Asian tourist locations after SARS. This is 10x as big and still growing extremely fast. We are just getting started. I actually can't believe the market LACK of reaction the past few weeks. Link to comment Share on other sites More sharing options...
sundin Posted March 9, 2020 Share Posted March 9, 2020 BRK. Link to comment Share on other sites More sharing options...
alpha Posted March 9, 2020 Share Posted March 9, 2020 brkb Link to comment Share on other sites More sharing options...
Broeb22 Posted March 9, 2020 Share Posted March 9, 2020 AMOT Link to comment Share on other sites More sharing options...
wisowis Posted March 9, 2020 Share Posted March 9, 2020 BRK.B, CSU, BAM.A, TD Link to comment Share on other sites More sharing options...
Spekulatius Posted March 9, 2020 Share Posted March 9, 2020 Bought back some of my BRKB and GOOGL shares , more BWEL, FOX, PINS, starter back into DD as well as several other positions (industrials, real estate - VNO) and even some MA (AH) I stay clear of banks and energy related despite what looks like tremendous bargains. I hate everything where politics determines the price. Link to comment Share on other sites More sharing options...
petec Posted March 9, 2020 Share Posted March 9, 2020 Bought back some of my BRKB and GOOGL shares , more BWEL, FOX, PINS, starter back into DD as well as several other positions (industrials, real estate - VNO) and even some MA (AH) I stay clear of banks and energy related despite what looks like tremendous bargains. I hate everything where politics determines the price. Um...that’s *everything*. Link to comment Share on other sites More sharing options...
KCLarkin Posted March 9, 2020 Share Posted March 9, 2020 Today was a tremendous buying opportunity. This thing is worse than flu, but not by all that much. In many ways it's not as scary as flu because children are not dying. Hard disagree. There are pockets of "interesting". But the most obvious ones, financials and energy, have material risk. Good stocks are still selling at a premium. Booking.com is going to see revenue freefall this year to COVID, but it outperformed the indices today. This correction is not about COVID. What I think people are missing is that corrections are normal. Covid is not material for most companies. True. Life will return to normal in 12-18 months. But SPY was up 30% last year. The value of SPY didn't increase 30% in one year. There was enormous complacency built into valuations. Covid is just the trigger for a necessary correction. I raised a bit of cash today. Hoping to raise a bit more tomorrow. I am still expecting a few more pockets of opportunity. Link to comment Share on other sites More sharing options...
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