What I Am Buying Today.

[vbin]

V PayPal both getting closer to decent valuations based on historical PEs. I might get both assigned if they continue to fall.

[fenders53]

(11-22-2021, 12:07 PM)vbin Wrote: V PayPal both getting closer to decent valuations based on historical PEs. I might get both assigned if they continue to fall.

You won't get hurt.  Just have to grit your teeth until the market moves on to beat up a different sector.   I wasn't interested a few weeks ago as the charts were just obviously horrible.  I'm not pretending I am getting them for $50 off because they ran way too high but they look safer than most quality stocks now.    

Sold a couple CHWY puts at strike 60 and 55.  Another horrible chart and a high PE.

[vbin]

Bought FISV, the whole payment sector is getting hammered. People gonna go back to using cash.    

[Dividendwayfarer]

Added a little V & ABNB

[fenders53]

ATVI look good here for a starter position?  Trying to add more tech that's not asking for a big pullback. If not how about EA.  

I've been selling QQQ and XLK puts for months but I think I might give that a rest until it has a bad week.  It's pretty bad when the indexes seem less safe to me.  Probably aren't but I know I am chasing now.

[NilesMike]

(11-17-2021, 12:30 PM)fenders53 Wrote:

(11-16-2021, 04:10 PM)NilesMike Wrote:

(11-16-2021, 10:53 AM)fenders53 Wrote:

(11-16-2021, 10:37 AM)ken-do-nim Wrote: Home Depot has definitely been a star for me this year; pity I only funded it with 11 shares.

Conversely, I see Capital One Financial once again at the bottom of the heap today ...

Don't chase it.  Just trust me.  You'll get a chance but they are doing magic tricks to keep hitting earnings.  If that sounds like I am bashing HD it's not my intent.  They are logistics magicians and they are pinching pennies.  You'll get a hard dip in the next year if not sooner.  Wait for it and add shares then.  All the good news is priced in months ago, like most blue chips.  LOW is probably the better buy in the sector right now IMO.

The dip was in May/June

That's easier to see now of course but we generally only get about one chance a year to buy the blue chips at a true discount.  This is where I like your yield based entry theory Mike.  May not be wise to wait for a once in a decade high yield, but if you buy at the worst yield in a decade you are setting yourself up for underperformance.  It will happen far more times than not.  

Speaking of HD, for those watching my foolishness.  I need HD at 389.99 or less by close Friday.  No way I can bail before then unless price is well under 390.  Too much extrinsic value n the options still.  It's a defined risk trade that is completely hedged at 395.  It doesn't matter if it runs to 500.  I would never do a true short on a blue chip.  I'm not completely crazy.  I executed the spread after HD ran up 16 on the earnings announcement.  It always dips during conference call, except it didn't this time.    They got by with no forward guidance.  Probably because they are HD.

Using the dividend yield range method, HD is overvalued when yield is 1.0%. We are quit far away from that threshold so more upside should be available.

Just sayin'

[fenders53]

I was referring to an entry point for HD or any other solid DGI stock. I do remember when HD yield was about 3%, CAT 4%, INS companies much higher. It was hard to miss as long as yoo weren't chasing a known yield trap that pays those yields most all the time.

[MrFortune]

Bought some DKS and BBY

[divmenow]

DKS as well here. That was a phenomenal conference call.

Also bought the $62.50 calls on ATVI

[fenders53]

(11-23-2021, 10:10 AM)divmenow Wrote: DKS as well here. That was a phenomenal conference call.

Also bought the $62.50 calls on ATVI

Sold an ATVI strike 60 put so we can both win this one.  I may buy a few long shares soon.

[Mr1share]

Added TDOC, ATVI, DKS, BBY, TGT, and JNJ

[stockguru]

Tis the season to be thankful for all those tax selling elves

I picked up UPST, BABA, DKS, TGT, FISV, GPN, AMGN, TMUS, KOF, SWKS, V and ATVI

Sold a lot of names I have doubled or tripled. Also closed my $38.50 puts in M

I love this time of year. Just sit back and cherry pick