RoaringKitty, sold his $20 GameStop ($GME) call options for a profit and used them to get more shares. He now owns 9 million shares, up from 5 million. Source: unusual_whales
Have you noticed that $Apple(AAPL)$ ‘s share price always fall after release of its quarterly results, regardless of the earnings? I never quite figure out the root cause/s for the strange phenomena. However, to arrive at a conclusion based solely on observation convinces no one. Therefore, let’s look at its historical earnings instead. Historical quarter earnings: Consumer electronics giant — Apple has posted 3 straight quarters of declining sales. (see above) This is an important factor that has weighed on Apple stock. In Q3 2023, Apple’s hardware sales declined -4.4% to $60.58 Billion. In the June quarter, Apple's iPhone revenue declined 2% to $39.67 billion and accounted for 48% of the company's total sales.Meanwhile, Apple's Mac computer sal
Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano
$Bank of America(BAC)$ BAC bailout money to First Republic$First Republic Bank(FRC)$ went down the toilet.*** First Republic Customers withdrawn $70 billion .. 40% of First Republic total deposits.*** First Republic received $30 billion in deposits from Bank of America and other Banks to ease liquidity pressures from BANK RUN.*** First Republic's top executives sold $12 million in company's stock just before the BANKING CRISISBank of America and other 10 banks already wasted $30 billion on First Republic Bank in this beginning of the NEW BANKING CRISIS .. and it seems like First Republic needs a lot more money $$$$$$$$$$$$$$ to slow down the bleeding.First Republic stock was $120.00 just a week ago .. it's