This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

CBA - Commonwealth Bank of Australia

Jump to new


The last time there was a recession in 1991 CBA bad debts rose to 1.5%.

CBA currently have about a $900B loan book and make about $8B in NPAT.

So their threshold for bad debts to loans maxes out at 1% before they become loss making.

If there is an elongated recession (rather than just the virus coming and going) I'd also think $40 as a fair level with a P/B of 1 and Trailing PE of 8.
 
CBA online investing arm, Commsec, is capturing growth during a period of extreme volatility in global sharemarkets, with 400,000 new accounts established on the platform over the last year.

CommSec Pocket, a micro investing app launched a year ago that allows customers to invest sums as low as $50 in ETFs, saw a rise in activity, with $180 million invested by 100,000 users since launching last year.
 
CBA back above $80, so it is back to where it was a year ago. ... Shares put on 10% in the last week, with usual attributions
- Vaccine hopes
- Economy strengthening
- Rotation from growth to value
- CBA boss Matt Comyn said the housing market is no longer a risk to the post-COVID economy and expects property prices will rise 5 per cent next year
- Quarterly came out on 11.11; CBA is growing its lending to home buyers and business owners at twice the system average (despite quarterly profit falling 16 per cent).

 
CBA looking interesting here.

Price action tightening up nicely. Volatility is all but dead. Stronger than the XAO over the prior 6 month period. Other big 3 banks looking strong too, along with the whole ASX200 banks sector (XBK) as a matter of fact.

 
i don't know that volatility is "all but dead" yet, at least from an options POV. i started selling covered calls over this back in Nov after the initial heavy rally, the 1m ATM was going at an IV of around 20 back then. had to roll up & out a couple of times at expiry since then, but could always do so at credit due to the moderately elevated vols.

it has eased back a bit since then, the call contracts i sold last week (near mid) were at an IV of around 16, but i still don't think that's fully mean reverted just yet. from memory, in "normal" times CBA 1m ATM typically trades at around 12-13 IV. if the observed daily variance is 1%, that's sqrt(252) = 15.87 annualised, so it seems the MMs are expecting the recent RV to hold steady for the near future.
 

I have been doing the equal but opposite thing for about 10 years with CBA selling Puts, I love that the market mis-prices risk by constantly confusing it with volatility.
 
Follow up from here -

CBA - Commonwealth Bank of Australia

The last time there was a recession in 1991 CBA bad debts rose to 1.5%. CBA currently have about a $900B loan book and make about $8B in NPAT. So their threshold for bad debts to loans maxes out at 1% before they become loss making. If there is an elongated recession (rather than just the...
www.aussiestockforums.com

It's arrived in the next area of potential hesitation at Max Wave.C.

Max.C is also Typical W.3 (1.62 x W.1 or A) so where to from here.
Max W.3 is around $123.00 (2.62 of W.1).

Watch and wait I guess.

(click to expand)
 
I’m glad I found this forum. I love the comments about the options.
As others may have read my posts with regards starting to trade in options (options forum) , CBA is one of the 3 or 4 shares on my short list to start trading options in.
Any comments, ideas or suggestions would be great.
Thanks
Gunnerguy.
 
and $100 a share


Not that this means anything, really

probably going to kiss it a few times, with sellers lining up.
 
Follow up from previous posts.
Not very often that the close coincides precisely with a target level.

Is a continuation to the next level a possibility now that it has reached Max W.C and a Max W.3 is the next target ?

(click to expand)
 
Absolutely amazing, guess there is a bit of magic attached to CBA, as opposed to the other three.
 
sptrawler said:
Absolutely amazing, guess there is a bit of magic attached to CBA, as opposed to the other three.
Click to expand...
CBA was at $95 back in 2015, I think it’s amazing it’s taken this long to recover, but I guess that’s what a royal commission and pandemic will do hahaha.
 
Its finally closed above $100 a share. Nice little run up this afternoon and a good gap in the closing auction to maintain momentum.

Bought a couple 99 calls (Exp 3/6) yesterday and sold today for a tidy profit. Having regrets..
 
striek said:
Its finally closed above $100 a share. Nice little run up this afternoon and a good gap in the closing auction to maintain momentum.

Bought a couple 99 calls (Exp 3/6) yesterday and sold today for a tidy profit. Having regrets..
Click to expand...
I’m planning to initiate my options trading strategy in the next couple of weeks. Having spent over 4 weeks reading and learning and setting up IBKR I’m almost there. CBA is amongst my candidates to start trading options. I will be watching CBA daily from then on.
GG
 
Closed out my second trade yesterday.

Trade 3. 21st. June.
STO 2 contracts CBA Jul15 $102 Call. PM +$0.58, Delta 0.232. PM Recieved +$114.90. Share price was at $98.44 (-3.62% below call price) at the time of STO.

Trade 4. 1st. July. Closed the contract.
BTC 2 contract CBA Jul15 $102 Call. PM -$0.31. PM Paid -$63.10. Share price was at $98.81 at the time of BTC.

Again, I could have let it run longer but I wanted to close the loop and take my profit.

Net gain was $51.80.

Gunnerguy
 
Gunnerguy said:
Any idea what the dividend may be ?
Click to expand...
more than $2, probably well north.


Interim1.500100.00%16/02/202130/03/2021
Final0.980100.00%19/08/202030/09/2020
Interim2.000100.00%19/02/202031/03/2020
Final2.310100.00%14/08/201926/09/2019
Interim2.000100.00%13/02/201928/03/2019
Final2.310100.00%15/08/201828/09/2018
Interim2.000100.00%14/02/201828/03/2018
Final2.300100.00%16/08/201729/09/2017
Interim1.990100.00%22/02/201704/04/2017
Final2.220100.00%17/08/201629/09/2016
Interim1.980100.00%16/02/201631/03/2016
 

CBA’s Gambit to Become More Than Just a Bank — Mobile Banking​


CBA's Gambit to Become More Than Just a Bank — Mobile Banking

The digital and mobile banking revolution is now threatening this status quo. The fintech innovators are aiming to kill off the big banks as we know it via a ‘death by a thousand cuts’ approach...
www.moneymorning.com.au

DYOR

my exposure to CBA is via various LICs and ETFs
 
Total demand for the CBA $6 Billion buy-back came in at $24 Billion, resulting in an 80% scale back. Considering the fierce scale-back , it was hardly worth the bother for an SMSF and top tax rate investors would not have received much of a premium ( 1-2 % above the S.P. ) but retirees and nil tax payers scooped up almost $ 30 on the f.f. dividend alone and no C.G. tax liability on the capital component of the return ($ 21 ).
 
You must log in or register to reply here.

Similar threads

M
WEF corrupts countries
Replies
6
Views
400
SirRumpole
T
Trender's Price and Volume trading
2
Replies
22
Views
2K
trender
T
Interactive brokers and Australian tax
Replies
2
Views
3K
lewischan
L
OZXX - Global X Australia ex Financials & Resources ETF
Replies
1
Views
1K
divs4ever
Australian trading US stocks
Replies
15
Views
2K
christrad
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...