[Teddi Knight]

As I said, the people I know who bought the desks, which aren’t cheap, found they don’t use them as much. Frankly, if you want to workout, then you work out seriously. If you want to do yoga, or just move around, you discipline yourself to do it. It is difficult I would imagine to focus on work while slowly walking. It would become boring for me, and when you really work out, your body releases endorphins which also trigger a positive feeling. Not sure you get that with a walking desk.

Buying a walking desk plays into the laziness that the people I know who bought it had. They wanted the “easy fix”, and there IS no easy fix.

IDK, maybe they work for some people, but I think I would get a headache trying to walk and still focus on market movements, and how high can you get your heart rate? Or how much muscle can you build using a walking desk?
As we age, at least women, need both to remain healthy.

Of course I have CNBC on at my gym, so I do keep some contact with the market while I am working out:) Sort of cheating I guess!

JMO
AMY

[Teddi Knight]

I usually take a nap late in the morning.

Jim

[Teddi Knight]

Thanks Amy. Good information! Have you heard of anybody’s experience with the desk that can be raised up and down? They come in manual or electric options. If it is easy to do, standing for a little bit would be better I think.
I am going to consider the gym option, at least Tuesday, Wednesday or Thursday.

[Teddi Knight]

I go to the gym every day in the middle of the day which does clear the mind as well as get the body in shape, although that doesn’t account for all the other hours. I have a “stepper” that I often use for 10 minutes at a time. I can put the computer in a place where I can see it if I need to.

I frequently do a ten minute bout of inverted push ups, inverted ab exercises, and a lot of stretching on a yoga mat; in fact a lot of what I do at the gym can be closely replicated at home, only on a modified basis.

I have known people who got those “walking desks” and frankly they didn’t use them much. I think, just like going to the gym routinely, you need to have self discipline. I don’t use an alarm, like Nike, I “just do it”, lol

I also drink a lot of specific kinds of tea, and make sure to stay hydrated.

All, FWIW….

Amy

[Teddi Knight]

Barron’s: Microsoft’s cloud transition could lead to 50% gain in 3 years

Adobe’s success in migrating its on-premise software base to cloud subscriptions – and the higher multiples afforded the company in response – could be a sign of things to come for Microsoft (NASDAQ:MSFT), argues Barron’s in a bullish column that follows the software giant’s FQ4 report and related selloff. Adobe, like Microsoft, was prodded to aggressively embrace cloud subscriptions by activist ValueAct Capital.Barron’s adds Microsoft has a 2.7% dividend yield and trades at less than 16x trailing free cash flow vs. an S&P 500 average of more than 20. “A rise to $55 a share over the next year would leave Microsoft at 18 times trailing free cash flow, about where consumer staple heavyweight General Mills trades now.” Of note: A shift to cloud subscriptions leads near-term earnings to be depressed relative to free cash flow, since subscription revenue is recognized just a quarter at a time (unlike up-front license payments).The paper also downplays concerns about weak Windows/PC sales, citing an RBC estimate that Windows now accounts for only ~10% of Microsoft’s value. It gives a thumbs-up to Microsoft’s Apple-like decision to make Windows 10 (due in 3 days) a free upgrade for Win. 7/8 PCs, and to deliver.

[Teddi Knight]

Teddi,
After your CAT rolldowns, your cost/share is now $75.85, and if exercised on Aug 21 you will receive $75 per share, thus losing $.85 per share, correct?
Would that be your final goal or adjust before that. Thanks

[Teddi Knight]

Ah, I did the short strangle. There is also a long strangle which is what you do.

Quite often, I’ll start with a ratio where I’ll buy the strike closer and sell 3x the strike further away. But I didn’t do this with the Goog earnings play. Goog was the first time I was introduced to gapping up. Lucky me. Lol

[Teddi Knight]

Thank you for your help. I got it from here, this is why I thought it was a strangle. https://www.theoptionsguide.com/short-strangle.aspx

I just looked again at thinkorswim and it shows GOOG closed today at $623.56. I attached the screen shot to this thread. Maybe I’m looking at the wrong thing.

I look forward to any help you can offer.

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[Teddi Knight]

Thank you for replying. Here’s the exact trade.

Sell to open 2 Aug 15 630 calls for a credit of $2.32
Sell to open 2 Aug 15 525 puts for a credit of $2.70

Of course Google went up to $672. I bought to close the puts for $.50
I then rolled up/out the 630 calls by buying to close for $31.30 am selling Dec 15 660 calls for $31.55.

To help gain back some cash, I also sold to open 2 Aug 15 645 puts for a credit of 2.90. Goog came down in the last couple of days so I’ve rolled down/out by buying back at $8.60 and Serling to open Aug4 15 630 for $9.10. Again Goog came down so now I’ve rolled down/out by buying to close for $14.95 and selling to open Sep1 15 625 for a credit of $16.90.

This is where I am now. Goog closed today at $623.56. Looking back I think I rolled up/out and down/out too early. I’m not sure I gave it time to let time work in my favor.

Can you advise what you would have done differently or what I can do now? I’m still looking to make money or at worst get out even. When do you know when to roll out? Before it hits the price or after its deeper itm?

Thank you so much,
Brad

[Teddi Knight]

Thanks Teddi,
I rolled out to Nov, down to $29 and added one PUT. I’ll re-evaluate at the start of the best six months for stocks. BTC 5 PUTS 24 Jul $30.50 @ $2.27 (-$1,135), STO 6 PUTS 20 Noc $29 @ $2.18 (+$1,308).

Would I be comfortable at $25? Is it incorrect thinking to say, yes, I would be comfortable at $25 if my basis in the stock was close enough to $25 to be able to continue profitable trading in INTC? I would continue rolling out, down and adding until eventually reached a profitable basis. (Hope not to run out of capital before then!)

Alan

[Teddi Knight]

Your settings are right. Check the article about finding entry points. On 6/24, you would wait for a down day with lower or oversold fast stochastic such as 6/30 when the July 15 90 put was going for .37-.40. However, seeing that earnings would be on 7/9, you might want to wait til after to open a position.

[Teddi Knight]

STO 8/21 75.5 P 1.42
BYO 8/21 70 P .29

[Teddi Knight]

Teddi,
You mentioned that you sold 4 naked puts for August 7 expiry at the $80 put strike for $1.42. Are you rolling that, or adding to it, or how would you suggest handling that trade?

Amy

[Teddi Knight]

I’m looking forward to that article. I have INTC $30.50 expiring today and $29.50 expiring July 31. If assigned, I’d consider your “turn that frown upside down” technique.

How would you compare rolling the 24 Jul $30.50 (BTC ~ $1.89) out to 18 Sep and slightly down to $30.00 strike for ~ $2.00 vs rolling way out and much lower to Jan 16 $28 strike for ~ $1.80?

Alan

[Teddi Knight]

hi,
I am Mot, a new member. I want to STO nake put V but dont know what strike and expiry.
Thank you for your advice

[Teddi Knight]

Thanks your site is very helpful

[Teddi Knight]

I will now see if I can execute the principles I have learned from Tedi on rescuing an underwater trade?

[Teddi Knight]

Looks good

[Teddi Knight]

STO AUG. strike $94 @ .75

200 day….market seemed to like earnings until the selloff started.

Amy

[Teddi Knight]

BTC 7/31 84 c @ .05

[Teddi Knight]

STO 77p@.90 8/7. Pushing it a bit

[Teddi Knight]

STO MSFT Aug. 28, STRIKE $43 @ .35

A sleep well at night trade:)

Amy

[Teddi Knight]

Totally agree. I sold $120 puts, Aug. 7, but it could be dead money for a while. Wish I had their cash hoard though!

Amy

[Teddi Knight]

Thanks chart looked diifucult to get 135

[Teddi Knight]

Thanks Amy. I will roll if necessary.

[Author]

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