RAD just went through a reverse split so they wouldn't be delisted on the NYSE, and they're down 10% today.

I think the only way it skyrockets is if they get bought out.
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I'm still trying to understand how options work, so let me ask this:

Let's say I buy 1 put contract today at $X amount of dollars, at a strike price of $360 for 4/26/19. And on that day, let's say the stock price ends up at $370.


Would I only lose the amount I invested ($X), or would I lose more than that?

Would I be forced to buy the 100 shares since my bet went the wrong way?
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Ok, now I'm more confused. I thought if you buy a put, the only way to make money is if the current price of the stock is lower than the strike price.
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Wow good call. Up over 1,000% yesterday.

How did you know?
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Disregard what I said.

Use This as a test to get an idea of what your puts are worth.

That blurb I copy, pasted and edited from here which has a much more clear guide to determining what your puts are worth in building a quick model in Excel.

A put has worth if its strike is higher than the underlying if you are long that put. If you're short the put or have leveraged up you could have a bad time.
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You would be out the cost of the contracts. So I buy 20 BA puts with a strike of 360 for 2.77, I am in for 20x100x2.77 or 5,540. if the stock doesn't go below the strike, I am out that cost. If it goes to 350, I have the right to sell 20x100 shares of BA at 360. Which would net 20x100x(360-350) or 20000 minus 5,540. I would likely sell the options to close the position rather than exercise them, however.
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Check out online savings accounts. I got a bunch in various accounts making right at that. Not sure if that beats inflation. Don't care. It's cuts into it at least when you want liquidity with a portion of your financial inventory.
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The more I try, the less I think I understand the market. Oh well. Haha
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I saw they pulled guidance and cut the buyback and it was up a bit. Maybe the 3 billion in estimated costs for paying off families and airlines for damages was less than the market was expecting. dunno

Thermo Fisher beat top and bottom estimates and made a small raise to 2019 fiscal guidance and it's down 1%+ too

200+ earnings reports today and tomorrow. Looking for Visa, Lam, and Paypal this afternoon. Not sure if I want to trim my PYPL position before close or not. Probably won't.
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I bought some shares of Disney (DIS) earlier this week hoping for a nice run up with Avengers 4 coming out tomorrow, and the earnings report coming on May 8th.

And today the news comes out that they're trying to buy Comcast's 30% stake in Hulu, when Disney already owns 60%.

Combined with Disney's own streaming service which will come out in November, I think this stock will go balls out for the rest of the year.
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I just sold 70% of my Disney, so it's pretty much assured to keep rising.

I've owned it for several years and it's been a dog the whole time. Then this year it shot up to a 20 percent profit for me, which is my signal to sell enough of my holdings that I'm only leaving profit in. (It's an element of my "Rain Man Fee-Free Mutual Fund" strategy.) I was debating breaking that rule to keep the stock since it seems to be having a great run. I probably should have.
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I've done well over the years with Capital One as my online bank. Their money market account is at 2.00%. I, of course, am only in their 360 savings/checking account which is at 1.00%. Will need to look into whether I should be switching or what, as that's a significant difference (obviously).


https://www.capitalone.com/earn500/?...79_241726040_0
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I read today that Microsoft topped a trillion dollars in market cap.

Holy balls.
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IQ still sucks.
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