Mon 10/22/2018 13:30 ET
DJIA25312.32132.020.52%TELCO168.760.290.17%GOLD1224.801.100.09%Shanghai2654.88108.584.09%
S&P 5002757.6210.200.37%BANKS438.837.991.82%OIL69.190.070.10%BITCOIN6486.1523.350.36%
NASDAQ7476.0826.910.36%PHARM576.034.380.76%US/EU1.170.000.26%Futures2765.252.210.08%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - RH - Restroration Hardware - RH   

Return Top | Return List | Reply Thread | Search | Add RH | Ignore RH
From: EPR53167 (Rep: 1225)Date: 2018-06-11 16:24:35
Forum: RH - Restroration Hardware - Thread #674014577Msg #173 - Part 1/6 (Rec: 0)
Pretty incredible a/h move but I’ve got nearly $12 cushion for my calls so not going to worry. And if she does open around here or higher in the am, I may pick up some puts as I believe it’s grossly overvalued...fwiw.

Sent from my IPhone

EPR53167

Message: Endorse | Reply | Privately | Bookmark | Report Abuse User EPR53167: Reward | Watch | Ignore

From: KidsCollegeFund (Rep: 66) reply to EPR53167Date: 2018-06-11 17:29:33
Forum: RH - Restroration Hardware - Thread #674014577Msg #174 - Part 2/6 (Rec: 0)
Re: Pretty incredible a/h move but Ive got nearly $12 cushion for my calls so not... I thought it was grossly overvalued at $75.

If I agreed with you we would both be wrong.


Reply to EPR53167 - Msg #2737717 - 06/11/2018 16:24
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User KidsCollegeFund: Reward | Watch | Ignore

From: EPR53167 (Rep: 1225) reply to KidsCollegeFundDate: 2018-06-11 17:37:55
Forum: RH - Restroration Hardware - Thread #674014577Msg #175 - Part 3/6 (Rec: 0)
Listening to conf call - gotta say, it was a stellar quarter no doubt, but when the CEO says “it’s raining money” at RH, my antennas go way up. You know the sayings, so I don’t have to repeat them, but I do believe this is WAY overdone. We’ll have to see how the opening rotation goes tomorrow but I hope to buy some puts at the open if she’s anywhere near this area. If I take a hit on my nakeds, it’ll be only the third time in my life I’ve had to buy back calls without letting them expire worthless. We shall see!

Sent from my IPhone

EPR53167



Reply to KidsCollegeFund - Msg #2737723 - 06/11/2018 17:29
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User EPR53167: Reward | Watch | Ignore

From: gllou (Rep: 3) reply to EPR53167Date: 2018-06-11 17:51:02
Forum: RH - Restroration Hardware - Thread #674014577Msg #178 - Part 4/6 (Rec: 0)
Thanks for all ur posts and ideas, they have helped me in the past and will in the future, all the best. Re: Pretty incredible a/h move but Ive got nearly $12 cushion for my calls so...

Sent from my IPad


Reply to EPR53167 - Msg #2737724 - 06/11/2018 17:37
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User gllou: Reward | Watch | Ignore

From: EPR53167 (Rep: 1225) reply to gllouDate: 2018-06-11 17:55:12
Forum: RH - Restroration Hardware - Thread #674014577Msg #179 - Part 5/6 (Rec: 0)
Re: Thanks for all ur posts and ideas, they have helped me in the past and will i...

Thanks :). Even if she opens near here keep in mind it’s 10 calls with 4 days left of life. Last quarter it popped similarly and then went down rather quickly. I may HAVE to put a buystop in but we’ll just have to see. I doubt it’ll be a big deal one way or the other honestly!

Sent from my IPhone

EPR53167



Reply to gllou - Msg #2737727 - 06/11/2018 17:51
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User EPR53167: Reward | Watch | Ignore

From: Bender24 (Rep: 175) reply to EPR53167Date: 2018-06-11 18:09:53
Forum: RH - Restroration Hardware - Thread #674014577Msg #180 - Part 6/6 (Rec: 0)
It made almost a two standard deviation move. Pretty rare. I've had that happen to me before, but I'm usually playing a short spread, so I'm protected. I may buy some puts just for fun tomorrow. Too big of a move in too short of a time. Still plenty of time for it to pullback. Those that short options will experience this at some point or another, part of the territory. GLTU, and post any put buys you make, I'll probably try to pick up some delta 30-40s.

Reply to EPR53167 - Msg #2737728 - 06/11/2018 17:55
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User Bender24: Reward | Watch | Ignore


TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.