what are you selling today?

[Spekulatius]

Reduced PAOHY (about flat). A bit concerned payout production disruptions.

[jfan]

Sold a quarter of my cco.to position to lock in some gains and to raise some capital

[formthirteen]

Harvested losses from small positions in BABA, TME, and PDD yesterday and today. This is probably the bottom. I hope I don't buy LEAPS and shoot myself in the foot again. Still own a 2% position in 9988 bought at 118.

 

[lnofeisone]

Out of my SRG calls completely. It help up surprisingly well in the last 2 weeks. 

[GordonGekko69]

12 hours ago, lnofeisone said:

Out of my SRG calls completely. It help up surprisingly well in the last 2 weeks. 

I only have a small Position with 10 and 11 strikes. Still 4x on both was nearly 6x 2 days ago. Expiration is 03/18. Not decided yet if I exit today or keep until Mo/Tue.

[lnofeisone]

3 hours ago, GordonGekko69 said:

I only have a small Position with 10 and 11 strikes. Still 4x on both was nearly 6x 2 days ago. Expiration is 03/18. Not decided yet if I exit today or keep until Mo/Tue.

it was a lotto sized position for me that did well enough to offset my loss on the other lotto position (SBRCY) so I just banked the profit. No real opinion on what will happen with SRG in the next week. 

[formthirteen]

Trimming 9988.HK on Friday and today. The BABA thesis has changed since I bought these sardines (war, COVID, lockdowns, focus on customer retention vs. growth, etc.). This was/is a small position which doesn't make any difference anyway. Good luck to everyone still holding. I might buy more LEAPS in Chinese tech in the future.

Edited March 14, 2022 by formthirteen

[Spekulatius]

Sold AJRD and PAH3.DE

[boilermaker75]

43 minutes ago, Spekulatius said:

Sold AJRD and PAH3.DE

 

I have written 40-strike covered calls on my small AJRD position that I was put to at 40 on a risk arbitrage play.

[Spekulatius]

5 minutes ago, boilermaker75 said:

 

I have written 40-strike covered calls on my small AJRD position that I was put to at 40 on a risk arbitrage play.

I figured if it wanted to move, it would have done so by now. I made a bit money on this (because I averaged down), but nothing to write home about. Feels very much like dead money here.

[boilermaker75]

5 minutes ago, Spekulatius said:

I figured if it wanted to move, it would have done so by now. I made a bit money on this (because I averaged down), but nothing to write home about. Feels very much like dead money here.

 

The only reason I was in this was to play the risk arbitrage and why I want to get out. I made some money even if I outright sold my AJRD at a slight loss because I wrote puts a few times that expired. I guess I am greedy going with the covered calls but the premiums are good!

[formthirteen]

Replaced the last of 9988.HK with some LEAPS in various speculative Chinese VIEs that can be cancelled by China or the West at any point or for any reason. Adding a bunch of variables and layers (time, etc.) can't make this speculative investment any worse than it is

[Spekulatius]

16 hours ago, boilermaker75 said:

 

The only reason I was in this was to play the risk arbitrage and why I want to get out. I made some money even if I outright sold my AJRD at a slight loss because I wrote puts a few times that expired. I guess I am greedy going with the covered calls but the premiums are good!

Yeah, I should have done the same. I did average down and made money that way. i figured Putin bailed me out of that one.

It's still an interesting Co from a strategic / uniqueness POV. I could see an outlandish scenario where SpaceX would buy them or something like that.

Edited March 15, 2022 by Spekulatius

[Spekulatius]

Sold RHM.DE in my taxable account (almost a 3 bagger). 

[boilermaker75]

On 3/15/2022 at 8:52 AM, Spekulatius said:

Yeah, I should have done the same. I did average down and made money that way. i figured Putin bailed me out of that one.

It's still an interesting Co from a strategic / uniqueness POV. I could see an outlandish scenario where SpaceX would buy them or something like that.

 

Replaced my expiring covered calls with 40-strike April 14 expiration calls at $1.10 per share.

[Monsieur_dee]

Should have sold it at $30 but sold dropbox. Will reallocate funds at some point 

[Spekulatius]

Sold CACI in my IRA accounts.

[LC]

Spek, are you unwinding your defense trades? 

[Spekulatius]

1 hour ago, LC said:

Spek, are you unwinding your defense trades? 

Yes. As always, I am a bit early.

[JGBRK]

Own some wooded land.  Sold some timber.

[throw123]

Y

 

[rkbabang]

APTS in my non-taxable account.

[Spekulatius]

Reducing BAH in my IRA.

 

Edit: Also ABEV and V.

Edited March 31, 2022 by Spekulatius

[boilermaker75]

On 3/18/2022 at 3:45 PM, boilermaker75 said:

 

Replaced my expiring covered calls with 40-strike April 14 expiration calls at $1.10 per share.

 

Called out, so ended up being a successful risk arbitrage play after all.

[nwoodman]

Trimmed BRK.B, FRFHF, USAP, ATCO, AAPL.  Exited DIS, BAM, BABA. all very small  positions.  Mainly tax matching and reducing the risk of sleep walking into a potential margin call if this really gets a head of steam up. We shall see.  I can’t think of a better inflation pass thru entity than Berkshire but the market is thinking the same and has bid it accordingly, as much as I hate to say it I don’t want to get caught out on a mortality trade.   The 50-60% drawdown test is all too real.