Boiler Room: The Official Stock Market Discussion

[CBalla]

@Rickdogg44 im looking at june 18 2021 $3.50

 

[CBalla]

@Rickdogg44 got me salivating over these IVR stock options

“Invesco Mortgage Capital (NYSE:IVR) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $0.01 by 500 percent.

 

[Panther]

@Rickdogg44 im looking at june 18 2021 $3.50

whats you process for choosing expiration and strike price?

 

[CBalla]

whats you process for choosing expiration and strike price?

Im still slightly above a rookie at stock options but:

1. first thing i need to decide is if I REALLY think this stock will rise or fall (usually i only buy calls)

2. i look at volume and open interest
one time i bought an option that had neither, im sure you can guess what happened

3. i look at the spread on the bid and ask, if its too much I pass

4. salute to @Doomsday i look for them penniesssssss
i see IVR with options below .40 and im legit salivating




for reference i showed brehs amcs options in the discord about 15 mins before zach bought in and watched them go from .60 to .90+ in less than 2-3 hours

 

[KalKal]

Not the most glamorous, buy im buying 2023 leaps on $IVR

Once rates come back, I believe it will get back to pre pandemic levels

Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that primarily focuses on investing in, financing, and managing residential and commercial mortgage-backed securities, and other mortgage-related assets. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S. government agency or federally chartered corporation; RMBS and CMBS that are not issued or guaranteed by a U.S. government agency or federally chartered corporation; credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises; residential and commercial mortgage loans; and other real estate-related financing arrangements. Invesco Mortgage Capital Inc. has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formally known as Invesco Agency Securities Inc. and changed its name to Invesco Mortgage Capital Inc. in June 2008. Invesco Mortgage Capital Inc. was incorporated in 2008 and is headquartered in Atlanta, Georgia.

Back in August I bought some NLY calls:
NLY Jan 21 '22 $10 Call

They're down 52% since I bought them, but I have s much time I'm not that worried.

 

[ahomeplateslugger]

Im still slightly above a rookie at stock options but:

1. first thing i need to decide is if I REALLY think this stock will rise or fall (usually i only buy calls)

2. i look at volume and open interest
one time i bought an option that had neither, im sure you can guess what happened

3. i look at the spread on the bid and ask, if its too much I pass

4. salute to @Doomsday i look for them penniesssssss
i see IVR with options below .40 and im legit salivating




for reference i showed brehs amcs options in the discord about 15 mins before zach bought in and watched them go from .60 to .90+ in less than 2-3 hours

Glad to see you’re picking it up my guy.

Another option you might like is EAF April 10c or 12.5c. The 12.5c is at .65 so fits your budget. I have 4 of the 12.5 and 2 of the 10 so my conviction is strong. I was confident in PLTR and that paid off this week.

Just my two cents.

 

[CBalla]

Glad to see you’re picking it up my guy.

Another option you might like is EAF April 10c or 12.5c. The 12.5c is at .65 so fits your budget. I have 4 of the 12.5 and 2 of the 10 so my conviction is strong. I was confident in PLTR and that paid off this week.

Just my two cents.

volume in it makes me nervous tbh but i could be wrong tho

im lovin my tell calls tho i wanna see what happens with that

 

[Doomsday]

99% of what is discussed in discord is discussed in the thread. If everyone is in discord, there is no point to discord.

 

[Serious]

99% of what is discussed in discord is discussed in chat. If everyone is in discord, there is no point to discord.

Plus how many people beg for invites, never contribute or just join once.

 

[CBalla]

Plus how many people beg for invites, never contribute or just join once.

Im strict with it fam, did a thanos snap last night

 

[NatiboyB]

Plus how many people beg for invites, never contribute or just join once.

I mean damn if y’all are going to be all rude about it

 

[Majestic]

for those who are in IPOE. Do you hold this stock until the merger and then sell it after it has merged? This is the strategy I keep seeing online when it comes to SPACs. Or is IPOE/SOFI a long term hold. Can y'all provide clarification?

 

[NatiboyB]

for those who are in IPOE. Do you hold this stock until the merger and then sell it after it has merged? This is the strategy I keep seeing online when it comes to SPACs. Or is IPOE/SOFI a long term hold. Can y'all provide clarification?

Honestly it depends on a few variables. If this stock takes off and suddenly 5X I’m selling half. It’s why I purchased so many shares. But I intend to hold long term or until another fintech play besides arkf comes along. Those are my only finance plays.

 

[Deafheaven]

for those who are in IPOE. Do you hold this stock until the merger and then sell it after it has merged? This is the strategy I keep seeing online when it comes to SPACs. Or is IPOE/SOFI a long term hold. Can y'all provide clarification?

If it appreciates how they saying Ill keep like 50 shares and sell the rest. I need to cop some more shares next week tbh. Ur pretty much going to make a profit of some sort refardless so its kind of low risk

 

[old pig]

for those who are in IPOE. Do you hold this stock until the merger and then sell it after it has merged? This is the strategy I keep seeing online when it comes to SPACs. Or is IPOE/SOFI a long term hold. Can y'all provide clarification?

I'm leaning toward “long term”...my plan is definitely to hold it post merger tho