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Post by charlespk on Oct 19, 2017 13:37:59 GMT -5
Are you buying the 5's or the 7's , the 4's seem expensive
planning to buy , but would like opinions ,
thanks
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Post by dreamboatcruise on Oct 19, 2017 13:43:37 GMT -5
Waiting until a solid bottom forms before considering buying more.
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Post by sportsrancho on Oct 19, 2017 13:56:54 GMT -5
Are you buying the 5's or the 7's , the 4's seem expensive planning to buy , but would like opinions , thanks Bought 50 calls,10 strike, for 2020 this morning. (70 cents) |
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Post by xoxoxoxo on Oct 19, 2017 14:35:12 GMT -5
I bought more shares today @3.85 for the first time in a really long time. I need to find my old post but I lost a shitload a few years ago on mnkd, but thankfully got out when I did at like $4/sh (split adjusted to $20 now). Me getting back in should be an indicator that we're going bankrupt tomorrow, and for that I apologize in advance to everyone.
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Post by joeypotsandpans on Oct 19, 2017 14:54:29 GMT -5
The furthest I went out is to Jan '19, one thing to keep in mind with the options is your paying premium for time and if you think there is a chance that the company might have a chance of getting bought then effectively you've spent the premium for nothing if that happens....in other words let's say in Jun of '18 they got taken out at $55/sh the difference in premium effectively nets out and you gave up the difference...in MNKD's case the buyout thesis is absolutely a possibility so I personally rolled out to 1/19 and depending on what happens can always roll into the '20 expiry at a lower premium if the company continues to go it on it's own. If you're not buying that many contracts it doesn't amount to much but multiplied if you're buying in size it can make a big difference. Hope that makes sense  |
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Post by sportsrancho on Oct 19, 2017 15:04:01 GMT -5
I’m thinking BO June of 19:-) JK. But I’ve got so many 2019 calls I’m trying to spread the money out for tax purposes or if we get shares/options in another company I wouldn’t have to sell those until close to expiration.
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Post by joeypotsandpans on Oct 19, 2017 15:14:24 GMT -5
I’m thinking BO June of 19:-) JK. But I’ve got so many 2019 calls I’m trying to spread the money out for tax purposes or if we get shares/options in another company I wouldn’t have to sell those until close to expiration. As the old saying goes if you have to pay taxes that is usually a good problem |
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Post by boca1girl on Oct 19, 2017 15:22:20 GMT -5
Are you buying the 5's or the 7's , the 4's seem expensive planning to buy , but would like opinions , thanks Bought 50 calls,10 strike, for 2020 this morning. (70 cents) Are you now at an average for all of your 2020-10’s at 0.70? According to Fidelity, 105 contracts traded today between .94 and 1.10. Yesterday it closed at 1.00. I tried to buy at 1.00 but order didn’t fill. |
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Post by sportsrancho on Oct 19, 2017 15:37:18 GMT -5
Bought 50 calls,10 strike, for 2020 this morning. (70 cents) Are you now at an average for all of your 2020-10’s at 0.70? According to Fidelity, 105 contracts traded today between .94 and 1.10. Yesterday it closed at 1.00. I tried to buy at 1.00 but order didn’t fill. No only on one batch. It’s estimates it. I have to wait till tomorrow to see it. I’m in Wells Fargo with these calls. They are behind:-( They had to add the MNKD calls to there system because they didn’t even have them set up! Even many months ago, the 2 dollar 2019 calls I bought, they had to add. I’ve never had that problem with any calls on any others stocks in Wells. I usually trade in TD but out of cash in there. The calls I bought yesterday when the pps was higher cleared at 1.01. I did a marker order because I didn’t have time to wait. |
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Post by charlespk on Oct 19, 2017 16:01:56 GMT -5
The furthest I went out is to Jan '19, one thing to keep in mind with the options is your paying premium for time and if you think there is a chance that the company might have a chance of getting bought then effectively you've spent the premium for nothing if that happens....in other words let's say in Jun of '18 they got taken out at $55/sh the difference in premium effectively nets out and you gave up the difference...in MNKD's case the buyout thesis is absolutely a possibility so I personally rolled out to 1/19 and depending on what happens can always roll into the '20 expiry at a lower premium if the company continues to go it on it's own. If you're not buying that many contracts it doesn't amount to much but multiplied if you're buying in size it can make a big difference. Hope that makes sense Thanks Joey: never thought about what happens to your options in a buyout, that is why its great to be on this board. I think i will get 2019 instead since I have very few of those , and they are cheaper since I wont pay for the " time" premium. Good advice . Given where it closed today , and i expect tomorrow they will pin it under $ 4.00 , I plan to get some 2019's tomorrow . Then I will move to the 2020's thanks to all who answered me , very grateful |
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Post by boca1girl on Oct 19, 2017 16:46:20 GMT -5
Are you now at an average for all of your 2020-10’s at 0.70? According to Fidelity, 105 contracts traded today between .94 and 1.10. Yesterday it closed at 1.00. I tried to buy at 1.00 but order didn’t fill. No only on one batch. It’s estimates it. I have to wait till tomorrow to see it. I’m in Wells Fargo with these calls. They are behind:-( They had to add the MNKD calls to there system because they didn’t even have them set up! Even many months ago, the 2 dollar 2019 calls I bought, they had to add. I’ve never had that problem with any calls on any others stocks in Wells. I usually trade in TD but out of cash in there. The calls I bought yesterday when the pps was higher cleared at 1.01. I did a marker order because I didn’t have time to wait. Your explanation makes sense, but I wouldn’t trade with Wells Fargo with their wacky system. Actually, I thought you must have some mystical powers if you were able to buy at $0.70 today and I was jealous. |
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Post by sportsrancho on Oct 19, 2017 16:51:06 GMT -5
No only on one batch. It’s estimates it. I have to wait till tomorrow to see it. I’m in Wells Fargo with these calls. They are behind:-( They had to add the MNKD calls to there system because they didn’t even have them set up! Even many months ago, the 2 dollar 2019 calls I bought, they had to add. I’ve never had that problem with any calls on any others stocks in Wells. I usually trade in TD but out of cash in there. The calls I bought yesterday when the pps was higher cleared at 1.01. I did a marker order because I didn’t have time to wait. Your explanation makes sense, but I wouldn’t would trade with Wells Fargo with their wacky system. Actually, I thought you must have some mystical powers if you were able to buy at $0.70 today and I was jealous. I know right! Crazy. But I least I get 200 free trades a year at Wells. Makes up for it somewhat. |
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Post by boca1girl on Oct 19, 2017 17:04:12 GMT -5
The furthest I went out is to Jan '19, one thing to keep in mind with the options is your paying premium for time and if you think there is a chance that the company might have a chance of getting bought then effectively you've spent the premium for nothing if that happens....in other words let's say in Jun of '18 they got taken out at $55/sh the difference in premium effectively nets out and you gave up the difference...in MNKD's case the buyout thesis is absolutely a possibility so I personally rolled out to 1/19 and depending on what happens can always roll into the '20 expiry at a lower premium if the company continues to go it on it's own. If you're not buying that many contracts it doesn't amount to much but multiplied if you're buying in size it can make a big difference. Hope that makes sense Thanks Joey: never thought about what happens to your options in a buyout, that is why its great to be on this board. I think i will get 2019 instead since I have very few of those , and they are cheaper since I wont pay for the " time" premium. Good advice . Given where it closed today , and i expect tomorrow they will pin it under $ 4.00 , I plan to get some 2019's tomorrow . Then I will move to the 2020's thanks to all who answered me , very grateful Usually, the more “time” you can afford the buy, the better. I bought MNKD 2016 leaps at 3, 5, 7 in 2014 after FDA approval and syn partnership. I thought that was plenty of time for Afrezza to prove itself in the market. All expired worthless at a big loss. Yesterday I bought the 2020 5’s at $1.80. I am more conservative (closer to in the $ and furthest out) now that I got burnt in 2016. Things are looking up and I have more confidence that MNKD will be successful, but unless you have a crystal ball, it’s hard to pin WHEN success will be apparent and the stock price will be much higher. Don’t forget that a decline in the overall stock market probably won’t help either if one occurs in 2018. |
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Post by sportsrancho on Oct 19, 2017 17:10:57 GMT -5
That IMO is the very best way to play it. I have the same rule. Which I broke this one time:-) We’ll see how that works out...
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Post by joeypotsandpans on Oct 19, 2017 18:20:08 GMT -5
Thanks Joey: never thought about what happens to your options in a buyout, that is why its great to be on this board. I think i will get 2019 instead since I have very few of those , and they are cheaper since I wont pay for the " time" premium. Good advice . Given where it closed today , and i expect tomorrow they will pin it under $ 4.00 , I plan to get some 2019's tomorrow . Then I will move to the 2020's thanks to all who answered me , very grateful Usually, the more “time” you can afford the buy, the better. I bought MNKD 2016 leaps at 3, 5, 7 in 2014 after FDA approval and syn partnership. I thought that was plenty of time for Afrezza to prove itself in the market. All expired worthless at a big loss. Yesterday I bought the 2020 5’s at $1.80. I am more conservative (closer to in the $ and furthest out) now that I got burnt in 2016. Things are looking up and I have more confidence that MNKD will be successful, but unless you have a crystal ball, it’s hard to pin WHEN success will be apparent and the stock price will be much higher. Don’t forget that a decline in the overall stock market probably won’t help either if one occurs in 2018. "all is not lost Boca" ...staying with the tax theme, those that expired worthless at least you should have a decent capital loss carry forward to offset all the gains you hopefully will be making on your second go around, please check with your tax advisor as everyone's situation is different and there may be time constraints regarding stature of limitations on how long you can carry forward the loss to offset gains outside of the usual 3k max if you don't have any outsized gains to write them off against. Sorry for the run on sentence lol, maybe BD can tidy it up for me although I think he has given up on cleaning up my run on's and grammar at this point |
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