Author Archive | fscomeau

call on call

Selling calls on calls?

Someone sent me an e-mail today, linking me to an interesting question on /r/wallstreetbets. Here it is: The answer to that question is that you are indeed allowed to sell calls on your calls. Before we go on, let us sum this (rather advanced) situation. Given a certain stock that we will call ABC inc. […]

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cost of revenue snapchat

SnapChat is crashing? I NEVER SAW THIS COMING!!!

So I’ve already written on Snapchat a couple of times now because very frankly, giving a $30B valuation to what is essentially a profitless app is absolutely asinine. When the top argument of your prospectus is how you can use “lenses” to promote movies, you know your business shouldn’t have passed the $1B market cap. […]

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Project 250k: Starting up (First trade: WD-40)

WD-40 (NASDAQ:WDFC) should handily beat earnings estimates and rise quite a bit this earnings season. Overall, I don’t see this stock going anywhere in the next year or two, but I do not think they will go down neither. Little hype is built into their earnings release and while I don’t think they’ll hit another […]

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Project 250k

Announcing Project 250k: Can a Master Trader earn $250,000 USD ONLY by trading earnings AND after posting all his trades ahead of time? Trading earnings has always been my specialty. Last season, I went pretty much perfect, with only a few minor problems on SBUX and COST (namely, my puts expired pennies out-of-the-money) and one blunder […]

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plastic miss fresh

Blue Apron IPO (APRN): The World’s Worst Idea

So a few weeks ago I registered to something called Miss Fresh. It’s like Blue Apron (NYSE:APRN) (who’s about to do an IPO), except… Actually, it’s pretty much like Blue Apron, so let’s talk about this for now. So a few weeks ago, I tried Miss Fresh, the home delivery service. Like, you pay them and […]

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I fucking love Donald Trump

Sorry for cussing, but I just had to say it. But seriously though: I made so much money since Donald Trump was elected that I might myself run for president one day (LOL). In case you wonder, here’s the recipe for printing free money: 1. Wait for Donald Trump to tweet something stupid -OR- wait […]

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bond vs spy 2000

Another Question about Portfolio Allocation

I think you come off as too strong on the bonds hating. Bonds definitely have their place in a portfolio. One thing you didn’t mention is that having means reducing your portfolio volatility. You won’t have any of those -30% years as you call them if you split between bonds and stocks. Also, your portfolio […]

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dollarama-couchetard-metro

Three Fantastic Canadian Retail Stocks

Recently, I’ve fallen in love with Canadian Retail Stocks. Canadians are probably the most sheepish consumers in the world. There’s a rare brand loyalty to stors that in my opinion you won’t find anywhere else. It’s like as people grow up, these stores become part of who they are. So here are three fantastic Canadian […]

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spy vs bonds

Bonds are for Morons

“I read your article on bonds and also the reply you posted to a comment. I think you are full of yourself and quite possibly the biggest idiot I have ever met online. It’s ironic you take yourself so seriously, yet only post replies to e-mails you have a rebuttal to. Full info: I am […]

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