Recent content by Gunnerguy

If VAS drops by 40 points (about 36%) I don’t think we’ll be worrying about the stock market as such. For that drop it would have to be a pretty big Black Swan like another Pandemic but with an R0 of 50, or a Global War.

Why not sell puts at these prices instead. You still get the share if it hits the price and some extra cash. You get the put cash from the ones that arn’t hit

A little bit of blood on the street. Down 8% so far today. Starting to think/get greedy on TSLA. I bought about a week ago and currently 14% down. I’m gonna be greedy when others fear and double down today/tomorrow/soon. PS hate Elon but long term (1,2,3 years) I think this will blow over

Only one box of one size on the entire shelves, 860g for $11.50. Perth.

NDQ is tech focused. Do some research in VGS, IVV and IWLD. I’ve held IWLD for many years. As you will appreciate, one cannot give specific advice, for obvious reason, including not knowing other factors. Personally for me, investment decisions come after a will (after death tax and debt...

Bought today at $18.28. A small portion added to my long term buy and hold in super. Won’t be accessing this for a decade so hopefully they’ll still be around at that point. If they do drop to 14/15 I’ll be doubling down. Who knows but their production costs are well below the IO price. I’ll...

Lol We all would …. Unless you don’t believe in capitalism … I hate capitalism it’s ruined the world ….. but I have something (an asset) and won’t sell it for less than I want ….. Carch22 /s (Sacsasm)

I sold a $21 August put last week for some premium, but happy if I’m assigned.

I took a very big hit selling puts 12 months ago. 63% down. Unlikely to get back to my buy price of 15.1. Gonna save the tax loss and use it against the sale of my IP in 18 months time. It’ll save me 47.5% on my loss/gain. Gunnerguy

I was tempted to do this trade but held back. Oil/energy looks to be on a decline short term. Gunnerguy

Sorry @finicky I meant can LYC go lower. I busy day researching/looking at RE's and Lithium so got my stuff mixed up. Gunnerguy.

LYC down to $6.16 (9.30 AWST). Gina Rinehart bought 5% of LYC 3 weeks ago at $6.25 I seem to remember. Will she add at this price or wait for a possible further fall. Is it worth selling an August put at say $5.50 for some premium ? If it falls further just roll out (and down) if the position...

LYC down to $6.16 (9.30 AWST). Gina Rinehart bought 5% of LYC 3 weeks ago at $6.25 I seem to remember. Will she add at this price or wait for a possible further fall. Is it worth selling an August put at say $5.50 for some premium ? If it falls further just roll out (and down) if the position...

XLE at 88.7 (9.30 AWST). Not looking good for this trade unfortunately 😞. But 1 day to go … fingers crossed for you. Gunnerguy

So the theory is .,.. You’ve paid $0.69 (debit/max loss) expecting or hoping XLE (US Energy ETF) will rise over $92.50. If XLE is over $92.50 on expiration date you ‘could’ buy at $91.0, and forced to sell at $92.50 resulting in a gain of $1.50. Less the debit if $0.69 gives you a net gain of...