johnpaulca
12,036 posts
msg #143637
- Ignore johnpaulca |
5/23/2018 10:25:25 AM
TOS stock hacker not working today );
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mahkoh
1,065 posts
msg #143638
- Ignore mahkoh
modified |
5/23/2018 1:17:21 PM
Sto SHLD sept put (0.70) Good risk/reward as long as they manage to not go belly up until fall..
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gmg733
788 posts
msg #143641
- Ignore gmg733
modified |
5/23/2018 5:07:42 PM
5/10/2018 11:21:31 AM
STO DIS June15 105 Call and 95 Put for a credit of 1.80 per one lot
I'm looking to get my theta up. Will close at 40% of max profit or manage accordingly.
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Closed at 40% max profit.
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BarTune1
441 posts
msg #143642
- Ignore BarTune1 |
5/23/2018 9:08:43 PM
Greg,
I rolled the 95 put up to a 105 put when DIS hit 105 last week. In aggregate I've taken in a credit of $3.90 after commissions. Looking to buy back at $3.50. The spread right now is around $3.75 - $3.80.
The XLE pair is coming down now ... I have an order in to buy it back at 0.77 ...
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gmg733
788 posts
msg #143647
- Ignore gmg733 |
5/24/2018 8:41:06 AM
Bartune = sound mechanics
I was busy all week and could only really look at end of day. But rolling it to a straddle is not an issue. If I do this I usually change the profit target to a scratch (if it just runs on us like HD did) or move profit target to 25% max profit since I brought in more premium. Just the way I trade.
XLE should be good to us today yes. :)
Not a lot of vol out there right now. In 2017 there was always something to do and right now it is tight on everything.
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gmg733
788 posts
msg #143648
- Ignore gmg733 |
5/24/2018 9:32:01 AM
5/7/2018 11:20:17 AM
STO XLE Jun15 72 Put and 79 Call strangle for a net credit of 1.34
I'll manage at 40% of max profit or manage accordingly
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this closed on the open for 40% max profit.
theta numbers are really low now.
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johnpaulca
12,036 posts
msg #143649
- Ignore johnpaulca |
5/24/2018 10:06:11 AM
Sucker rally continues on fake news....
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johnpaulca
12,036 posts
msg #143650
- Ignore johnpaulca |
5/24/2018 10:08:13 AM
johnpaulca
11,737 posts
msg #143629 5/21/2018 8:53:25 PM
DUST($24.26)...looking for a haircut
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now $23.52....on a slippery slope, dollar still needs to come down
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four
5,087 posts
msg #143651
- Ignore four |
5/24/2018 10:28:35 AM
BREAKINGVIEWS-Tax cuts hasten demise of U.S. corporate pensions
10:28 AM ET, 05/15/2018 - Reuters
(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.)
By Tom Buerkle
NEW YORK, May 15 (Reuters Breakingviews) - FedEx just spent $6 billion buying an annuity from MetLife. It’s joining a growing list of U.S. companies offloading pension obligations. Lower U.S. tax rates are encouraging more firms to do the same. It’s good for older workers, but it’s another nail in the coffin of employer-provided retirement security for millennials.
As of last May FedEx had a healthy 88 percent of the assets needed to meet its $30 billion of projected retirement liabilities. But with such defined-benefit pensions, the unpredictability of investment returns can affect a company’s earnings and balance sheet, and executives would just as soon be rid of the hassle.
December’s corporate tax cuts make it easier for FedEx and others to do just that. Companies can take a tax deduction on pension contributions at the old 35 percent rate until September. With the new rate at 21 percent they effectively recoup 14 percent of any contribution, so it’s a good time to top plans up. FedEx even borrowed to help it do so.
Rising stock markets and higher interest rates, which reduce the calculated value of future pension liabilities, have buoyed corporate pension pots, too. S&P 1500 companies’ plans were 89 percent funded last month, according to Mercer, the highest level in more than four years. All that’s important because plans need to be well funded for companies to shed their exposure.
In February United Parcel Service said it put a $5 billion slug into its pension plan, PepsiCo announced a $1.4 billion top-up, and General Electric said it would chip $6 billion into its main fund. Prudential Financial , a big provider of pension annuities, expects risk transfers like FedEx’s to rise nearly a third to as much as $30 billion this year.
For the workers covered, their pensions will be fully funded and in the presumably safe hands of a big insurance outfit. But it promises to accelerate the extinction of defined-benefit plans. Accenture, for one, terminated its involvement last year through a $1 billion deal with an AIG unit and MassMutual.
Instead, companies increasingly leave employees to build up their own retirement nest-eggs, sometimes matching contributions. Only 16 percent of the Fortune 500 still offer defined-benefit pensions to new hires, down from 59 percent in 1998. The tax code is helping to bring this relic of corporate paternalism closer to its death bed.
On Twitter https://twitter.com/tombuerkle
CONTEXT NEWS
- FedEx on May 8 said it had entered into an agreement with MetLife to purchase an annuity to provide pension benefits for about 41,000 retirees. The transaction will shift about $6 billion of the delivery company’s $30 billion pension obligations to the insurer.
- For previous columns by the author, Reuters customers can click on
- SIGN UP FOR BREAKINGVIEWS EMAIL ALERTS http://bit.ly/BVsubscribe
(Editing by Richard Beales and Martin Langfield)
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johnpaulca
12,036 posts
msg #143660
- Ignore johnpaulca |
5/25/2018 9:58:43 AM
johnpaulca
11,738 posts
msg #143627 5/21/2018 8:35:09 PM
AMZN($1585.46)...showed up on my buy list, doesn't happen very often.
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taking profits at $1611
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