What Did You Buy Today?

[vbin]

(08-05-2020, 09:46 PM)fenders53 Wrote:

(08-05-2020, 08:10 PM)vbin Wrote:

(08-05-2020, 07:30 PM)fenders53 Wrote:

(08-05-2020, 05:46 PM)vbin Wrote:

(08-05-2020, 02:09 PM)fenders53 Wrote: We almost fell asleep reading that.  Hope your day is more exciting than your stock trades. 

Looks like you will get assigned

I will likely roll them forward a week while they settle down.  It's usually pretty easy with high option premium stocks.  Need to listen to the conference calls before I decide.  I knew they were primed to get hit after reporting but FSLY got hit a little worse than I expected.  That's why they call it spec.   I would like to hold both companies but not 100 share initial purchase unless I think I am close enough to the near-term bottom.

I bought some znga too. I was thinking people will play more games while at home. They had a good earning. Thinking to keep the free stocks and take out the house money.

IMO that's rarely a bad idea when you are fortunate enough to do well with a spec.  It's just too easy to get hit by a train if you ride high valuation stocks up and never trim profits. They aren't all the next AAPL.  

I am feeling comfortable enough to put spec back in my port.  I just want stocs that look good for five years if that's how it ends up.  I will keep spec at 10% max.  Tech is outside my wheelhouse but I am going to have to deal with that.  I think I am going to start with ROKU, FSLY and TDOC.  Add a few more as I go.  I am too late for a ten bagger at these valuations so I'll try not to rush in.  That was the whole point of selling way out of the money puts lol.  This is the second time in under a week I sold a ROKU put.  The premiums are crazy so I have to do that.  If they run away from me I'll move on.  They won't go straight up forever.

I don't know much about ROKU and pretty much nothing about TDOC. But they aren't pure tech stocks, specially TDOC. But I am bulish on Tech aswell since I can remember and have been just waiting mostly, lol. Everytime I have bought and sold apple, it has split after few weeks.

In my opinion If you do want to get into tech, msft, goog, twlo, SQ, AAPL,( (at a pullback), they are getting into payments seriously and that will again generate billions for them ), broadcom, Taiwan semiconductor, Nvidia, Adobe, Amazon( too expensive), DOCU and few more. These are the companies you want to look at.

Cloud growth has just started and it's going to explode in next few years.

On a different note, does anyone know Data center based REIT or Data center operations based companies with lengthy contracts?