Boiler Room: The Official Stock Market Discussion

DrunkenNovice

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buying more oil tanker stocks
fundamentally nothing has changed about the supply demand issue for storing oil

The fundamentals boosted the stocks to where they were mid/late March.

This recent boost was hype.

From my research you're most likely going to bank on the dividebd for the next few qtrs versus the price.

Whether or not the price will steadily climb back remains to be seen.

The market might say fukk how much profit is being pulled in.
 

Scholar

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I'm still learning so this may very well be a noob question but let's say a stock is at $30 and I buy a $33 call with a $27 put. Would that be a dumb thing to do?
Would depend on the expiration date on the call and put. If they had the same date the stock would need to go below and above the strike price ($30 &$27) plus the cost of a contract in the same day
 
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