Member Info for Clarkcp

Just filled me boots at £12.66 crazy price. GLA

ILike, are you still holding your AV calls? I just picked up some March Lloy 52s and Barc 195s this morning on weakness. Let's see what next week brings. STAN brought all the banks down a little. Good luck

ILike, snap thats exactly how I'm positioned and have been building since just before covid. My worry is when cost of living kicks in the first thing people may do is opt out of pension schemes to get more money in their pockets.
There have been a lot of remorgages and purchases over the past few years which were fixed so I think in 2 or so years time is when the bad loans will start to appear. It's a hard one to call but I'm feeling that gold could have a very good run over the next 2/3 years with rising inflation.
I think central banks will go fast to try and stop inflation, its the only real tool they have and stagflation will creep in.

ILike, your calls are still looking good. Hope you got a good price. AV looks to be holding strong. Personally I think stagflation is round the corner. What do you think? Everyone has had a nice run last couple of years maybe time to start to reallocate before the roulette wheel stops spinning with the QE?

I think with TLW it's the hedging that's holding them back. I agree with the travel stocks. I've steered clear of the usual and brought June call options in JetBlue. They have less debt on the books. Good Luck

Rico, Ive kept my tullow I managed to get in near the lows so just gonna let them run.

Just added here today. Airlines are looking strong with relaxation of quarantine. Think Saga will follow. GLA

ILike, I understand what your saying. I tend to write covered calls. Ok I can loose out on the upside but I use the premium income to open other positions without using additional funding. If price pulls back I can close the one Ive written and keep the original call running. I tend to write short dated calls with a longer expiry covering if that makes sense. Good luck.

Ilike,

It will be interesting what happens. I've been tucking these away over time since Brexit in a SIPP. There could be a breakout here if it can hold 440 I think. Good luck with your calls. Do you ever write any?

Nervous,

I think it's a good way to get leverage without paying for daily funding. As rates go up this will start eating into any profits. I also use them for income. If you google covered options strategy will give u a basic insight. Many high yeald funds use this strategy.

Ilike,

Even if a special divi is announced these should get a re rate up to payment date don't you think?

Ilike,

That's who I use. Expire on 18th, results out on 3rd. I was looking at the 440 calls but a bit too pricey at the moment for me. I picked up the 460s on a limit 4.75.

Good luck, now sitting at your strike!

Have just bought some March 460 calls. I don't think the upcoming results are priced in yet with the potential giveaway. GLA

This is an absolute no brainer. Look at inflation/cost of living, pawnbroker side will be in big demand later this year. Been averaging into these since start of covid share price has a long way still to go. Plenty of cash on the balance sheet. GLA

Update not very good here if you compare to MAB. Looks like premium end of the market holding up but not JDWs market. Placing price during covid was £9 be interesting how many holders will continue to hold. I have a feeling this could trend lower to the £7.50 area.

You've got more chance making some money going black or red.

I sold out of these Nov 19 as I was not happy with the amount of debt. Have a look at the financials here if your thinking of investing.

Compound - great explanation. I can recommend the book Flash Crash for a real life example.

I feel things might be changing here, have just bought some Jan 110 calls. Pfzir just announced 3 doses "neutralises" new varient. GLA

Was going to sell these and move on but think I will hold a little longer for sterling weakness