Think I’ll book some of this $YY up here and use the proceeds to buy some $CYBR we talked about earlier this week. Got the pullback I wanted, l o l.
Reminder, no After Hours with Option Addict today, but last nights watchlist is fire! Almost better than last weeks $AAOI, $PYPL, $SQ, blah…blah…blah.
HAGW
OA
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Jesus what an awesome move. Thanks for the YY heads up. I bought yesterday after your recommendation the other day.
I bought some of that NBEV today. I got two comments from people saying “too much overhead supply” when I posted about it elsewhere.
Grabbed some FEYE calls this morning and rode the day out with a smile. Thanks OA!
Of the two suggestions, took the SNAP trade, instead. FML.
If anyone is interested in hedging their trading accounts, I mentioned last week I like preferred shares for the good yield and comparatively low volatility.
I’ve been in Wells preferred for a few years, and added two others in the last week:
-KMI preferred shares, (11% yield, 13% discount to liquidation)
-SRCL preferred: 8.2% yield, 35% discount to liquidation)
Beats the shit out of short term bond yields, and some upside available with good underlying set ups such as these.
Thank you for the information. How can I buy “preferred share”, not regular stock share? ( I am embarrassed to ask.)
I googled them. Thank you.
Yeah, it’s tough to sometimes find the exact tickers, but the nice thing about preferred stock is that the company can buy the shares back at a set price, so it’s kind of puts a cap on your upside, but you get a nice yield by giving up some upside, and you get a little less volatility.
I know there are different opinions about preferred shares out there, but based on the octane in a trading portfolio you can justify a little higher risk profile for you “safe” bucket of money. Or at least I can.
Do we like cryptocurrencies here, OA?