what are you selling today?

[Gregmal]

Cleared my FRFHF. Figured I’d take my $50 in two months and run on a turd most have not gotten a penny out of longer term. Rather play the inflation game on my own than hold the bag on Prems crapfolio should things go south. 

[shspyc]

same here. Cleared FRFHF in the afternoon. 

[boilermaker75]

On 1/4/2022 at 3:26 PM, boilermaker75 said:

Wrote some 310-strike Jan 7 expiration covered calls on the BRKB in my IRA.

 

I figure even if I get called out it is hard to imaging BRKB not visiting 310 again. Plus overall I am > 80% BRKB so I can always justify being called out as deworsification!

 

Bought my BRKB shares back, which were called out at 310 on Jan 7.

[ValueArb]

On 1/22/2022 at 9:14 AM, boilermaker75 said:

 

Bought my BRKB shares back, which were called out at 310 on Jan 7.

 

Nice!

[Monsieur_dee]

MoneyGram. 

[ERICOPOLY]

shorted BROS common at $49.59 to hedge the naked puts I wrote on Friday.  Stock dove down 6% yesterday, but then turned around and gained 10% for the day,  AND was up another 9% today.  

 

 

[ValueArb]

On 1/22/2022 at 9:14 AM, boilermaker75 said:

 

Bought my BRKB shares back, which were called out at 310 on Jan 7.

 

For the people here who sell covered calls on BRKB, what duration do you usually target and how far above trading price?

[boilermaker75]

11 hours ago, ValueArb said:

 

For the people here who sell covered calls on BRKB, what duration do you usually target and how far above trading price?

 

I have a large BRKB position that I would not write covered calls on because I would end up with a big tax bill because of the long-term capital gains. I ofter write puts on BRKB, and if I get put to I turn around and write covered calls on those shares because that usually got me on margin.

 

I did those recent covered calls in my IRA because there would be no tax implications. Since BRKB was making new highs every day I felt there was a good chance I could get those shares back if I was put to because BRKB would revisit those prices.

 

 

 

 

[formthirteen]

Selling a bit of BATS.L Buying the "fastest growing company ever" later today with the proceeds

 

 

I'm NOT selling COST with how the future looks for the company:

 

Edited January 28, 2022 by formthirteen

[changegonnacome]

Sold MSGE Dec 22 $50 Strike Puts for $4.20 a contract......selling CAT insurance on the worlds greatest arena feels like good insurance underwriting to me.....I'll need to text Prem or Ajit later to double check   

[boilermaker75]

16 hours ago, changegonnacome said:

Sold MSGE Dec 22 $50 Strike Puts for $4.20 a contract......selling CAT insurance on the worlds greatest arena feels like good insurance underwriting to me.....I'll need to text Prem or Ajit later to double check   

 

[Spekulatius]

Sold my BAYN.DE / BAYRY here. Made a little money on this but it has underperformed and I have no confidence in this management.

 

No recent news here really but I have been reviewing my holdings and this one felt like it should go.

[investor1]

Sold WMB. Above $30 is a full price for an irreplaceable asset with low growth. The market provides an opportunity on WMB every few years when it gets grouped in with a commodity panic (e.g. 2016, 2020). Looking forward to the next time this occurs to reload.

[LC]

1 hour ago, investor1 said:

Sold WMB. Above $30 is a full price for an irreplaceable asset with low growth. The market provides an opportunity on WMB every few years when it gets grouped in with a commodity panic (e.g. 2016, 2020). Looking forward to the next time this occurs to reload.

 

Same

[lnofeisone]

1 hour ago, LC said:

 

Same

I sold WMB close enough to 30 a while back. WMB and KNOP are my two panic-buys that seem to always work out.

[JRM]

14 hours ago, lnofeisone said:

I sold WMB close enough to 30 a while back. WMB and KNOP are my two panic-buys that seem to always work out.

 

I trimmed some WMB at $28, but its still yielding over 5% at $30.  Isn't there still a chance pensions funds figure out how dividend investing works?

[GordonGekko69]

trimmed some BAYN.DE/BAYZF at a small profit. Sold puts on PYPL with Expiry 02/04 @ $125

[Ross812]

On 1/27/2022 at 4:18 PM, Ross812 said:

Started a position in SONO. Brand recognition, great balance sheet, margins are good, '22 PE of 15 and growing at 15%+. Audi deal and they successfully defended their patent against google. Every Sonos household buys on average 2.75 speakers and their music subscription service is getting traction. I see this becoming the Apple of home audio. 

 

 

 

Sold $28 Feb 11 calls for a $1. Turning into a (hopefully) quick swing trade around earnings. 

[CafeB]

Majority of AMBP. Selling what was bought late Dec. / early Jan. at slightly lower prices in a market that now seems far less sanguine. Admittedly an attempt at market timing.

 

Can only speculate that its last week's high related to BLL earnings 1/27.

Edited February 7, 2022 by CafeB
BLL

[formthirteen]

Sold some MO and BTI to buy more FB, and TME.

[LearningMachine]

31 minutes ago, formthirteen said:

Sold some MO and BTI to buy more FB, and TME.

@formthirteen, I can't find any 10K or 10Q for TME.  They talk about how much cash they have in their earnings releases and transcripts. Do you know how much debt they have, and supporting documentation for that? 

[gfp]

It would be in a 6-K for a company like this.  Look at the balance sheet here, balance sheet at the end:

https://app.quotemedia.com/data/downloadFiling?webmasterId=101533&ref=116238675&type=HTML&symbol=TME&companyName=Tencent+Music+Entertainment+Group+American+Depositary+Shares+each+representing+two+Class+A&formType=6-K&dateFiled=2021-11-08&CK=1744676

[LearningMachine]

1 hour ago, gfp said:

It would be in a 6-K for a company like this.  Look at the balance sheet here, balance sheet at the end:

https://app.quotemedia.com/data/downloadFiling?webmasterId=101533&ref=116238675&type=HTML&symbol=TME&companyName=Tencent+Music+Entertainment+Group+American+Depositary+Shares+each+representing+two+Class+A&formType=6-K&dateFiled=2021-11-08&CK=1744676

 

Thanks @gfp.  I found it later in the earnings releases as well.

[formthirteen]

11 hours ago, LearningMachine said:

@formthirteen, I can't find any 10K or 10Q for TME.  They talk about how much cash they have in their earnings releases and transcripts. Do you know how much debt they have, and supporting documentation for that? 

 

@LearningMachine, you can find the data in the latest 20-F:

https://www.sec.gov/Archives/edgar/data/1744676/000119312521111096/d31001d20f.htm#fin31001_103

Edited February 8, 2022 by formthirteen
Didn't notice gfp already answered...

[LearningMachine]

7 minutes ago, formthirteen said:

 

@LearningMachine, you can find the data in the latest 20-F:

https://www.sec.gov/Archives/edgar/data/1744676/000119312521111096/d31001d20f.htm#fin31001_103

 

Thanks @formthirteen. My bad for asking too quickly before looking further.  I was a little stretched for time.