timberwolf7
1日前
OT: D&D - options related...
Leaps: agree, they carry a serious TIME premium. But if you are expecting a big move, just can't time it?
And the stock is 'relatively' expensive proportional to the share price? It can be quite rewarding vs buying a
smaller number of shares. Especially if you can get the Leaps when the share price activity is 'weak'.
On selling PUTS for cash: the only thing I have seen required is, you have to have the CASH in the account to
buy the shares in the event the shares are assigned to you.
On selling CALLS (covered), agree, the only way you should sell calls is 'covered' (you own the shares to give away if
exercised).
And will say, due to the speed at which the markets can reverse, surge, change directions at a whims notice, you decide
to play options?? You better be willing to lose it all anymore.. And play 'conservatively' in a I will be happy with a small win.
Disclaimer: I just recently took some CALLs on CRMD (MARCH 2025s, $5 Strike price) fo $410/contract when the share price was
around $8.50. Why? I am expecting this earnings release to be 'nice' and show growth in revenues/sales/earnings. Looking for a target
price of $12+. If they get to $12, the calls will be worth around $7 if I hold them to expiry day. Be a nice approx 70% gain vs 40% on the
shares (which I hold a lot of from a lower price already)..
And to a degree, buying shares of TNXP at 17 cents is like buying cheap call options isn't it without the premium (time/volatility) added on..
Dumb&dumber4long
1日前
Earnings beat, yes.
But the numbers, expected loss of -$2.93, came in @ -0.23, so a beat by $2.70
Next Q results around Valentine’s Day.
Hopefully in the same direction.
TNXP hired 2 big shots, for marketing & sales.
For earnings, focus not on past or current Q. it’ll be past approval, 2026
Dumb&dumber4long
2日前
Leaps, even way out of the money carry a huge premium, the same for monthly, unless “spreads” are used.
even weekly on the active stocks I follow (large volume traded) are getting too expensive.
Short term option trades require a substantial amount of research effort & time. Know the targeted stock extremely well, follow it daily, most are moving by technical charts & of course news.
Follow the news on other stocks in the same category as they tend to move in sympathy!
Follow the charts for the stock, the index & the markets (volatile days) & don’t get too greedy.
Know when to exit.
Not recommended for most.
Don’t sell options if you don’t own the stock.
Brokers are not supposed to allow it, but I hear some do.
Buying limits loss.
Dumb&dumber4long
2日前
Not to forget the same 2 types of traders on Options Trading, clueless Vs informed.
More risky, however, stocks are risky as well.
Added TNXP early September after due diligence research.
Knowing the expected date on the fast track review & factoring in the expected due date for the final review.
It’s a minimum 1 year investment period, unless a buyout offer comes in before then!
Waiting to see what else Tonix brings in to the review stage by then.
Never made stocks day trades.
However, frequently traded Options with short expiration dates.
timberwolf7
2日前
2 primary type of 'investors' in this world now:
Those in for the QUICK buck or two they can make trying to catch
a 'momentum' trade. You can tell them primarily by what happens when
they are 'late' to the party so to speak, chase to get into a run in progress,
and start wondering why its not 'working' out for them (note, why there is a rule
I use that says if you are 'late' to the party, don't 'participate' if you have no idea
when it WILL end relative to when you are 'choosing' to participate). And of course,
start blaming everything else but their own decision to play..
And the 2nd group are those that study before they buy, have some idea and have
assessed the potential for it to 'happen'. And decided that given TIME, buying in
before things start, will require patience to see IF the 'vision' starts to develop. And then
even more patience to once the first hurdle is achieved, whether or not the bigger 'goal'
can be accomplished. Fully knowing if they are honest, that its possible, nothing is achieved
because things are beyond our 'control' no matter how thorough we think our risk assessment 'is'.
and NOTE: these are generalizations of the two major group of 'investors' I frequently 'see' on the boards.
And that not everyone fits into these categories..
So if you are on this board? Why are YOU here?? Why did YOU buy in?? Are you a 'chaser'
someone that bought in after thorough research? Good luck to both camps no matter which you are..
Dumb&dumber4long
3日前
Disappointed!
Seriously, anyone holding TNXP for what it’s now would be.
In it for the reason(s) repeatedly mentioned here & many other sites, the potential for drug(s) approval, starting with TNX-102 SL.
Volatility is expected.
Risk/Reward ratio, meaning there maybe loss.
Ask why in it to begin with & what changed!
Are you in it to win it!
What’s your tolerance to volatility & price swings!
Only you know.
Speaking in general terms, not to just you.
Good luck.