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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (7195)5/30/2019 11:49:09 PM
From: robert b furman1 Recommendation

Recommended By
isopatch

  Read Replies (3) | Respond to of 26766
 
I sold some T puts months ago. They were 35's for $5.00. So net purchase price was 30.00.

I had sold 20 and 10 of them got assigned a month early.

T was trading at 31 and change. The next 2 days, it popped up to high 32's.

Feeling lucky on that one.

Bought some Cohu 15's as the 12.50's expired to zero. When you combine the 12.50 premiums and the net price on the 15.00's - it netted my purchase price around $11.70.

I like to sell puts and hope I get assigned on a few, while laddering down in greater contract numbers, hoping the expire and help pay for the assigned stocks.

Since I sold 6,000 last year at 23.00 ish - that felt pretty lucky.

So watching T, as I have some 35's and 32.'s expiring in June. If assigned to me they'll yield over 7 % dividend yield. In total 118,000 yielding 7% plus. I like that a lot.

Watching XOM 70 January 2020 puts and CVX January 2021 100 puts.

I think/hoping next week we'll bottom and get some great buys.

I'm going to the boonies on a fishing trip to Six Mile Lake in Minnesota.

No phone and no internet.

So I have my stink bids placed.

I guess we're both going fishing next week. <smile>

Good Luck

Bob



To: Kirk © who wrote (7195)6/2/2019 2:16:39 PM
From: Winfastorlose2 Recommendations

Recommended By
isopatch
the longhorn

  Respond to of 26766
 
Can't wait for the arrival of all of the new EVs this fall. If EVs take a larger share of the market, every day is going to look like the 4th of July on America's highways. Or maybe even the Highway of Death



Tesla Spontaneously Combusts While Plugged Into Supercharger



by Tyler Durden
Sun, 06/02/2019 - 11:39 Print

As Tesla Model S vehicles now start to age beyond a few years, it seems that more and more of them are winding up somehow catching fire. The latest example comes from Belgium, where a Tesla Model S caught fire and completely burned down while plugged in at a Supercharger in Antwerp. Dutch media is reporting that the vehicle caught fire "a little while" after starting to charge, according to electrek:

“The driver of the car had parked it at a so-called ‘Supercharger’, a fast charging station, at the Novotel at Luithagen-Haven. When he returned a little later, his Tesla and the supercharger were lit up. Possibly there was a technical problem before charging.”



Firefighters were so concerned about the vehicle reigniting that they lifted the vehicle up with a crane and submerged it into a pool of water, which is usually the worst possible idea when dealing with a chemical fire:

“Moments later, the fire was extinguished by the fire department by immersing the car in a container with water. To ensure that the fire does not flare up again, the Tesla, or what remains of it, remained in the water for the rest of the night.”



Tesla did not immediately return a request for comment. Recall, in 2016 a Tesla Model S also caught fire while at a Supercharger station in Norway. Interestingly enough, in that case, firefighters were told "not to use water" to try and extinguish the battery fire.

And even the pro-Tesla blog at electrek can't help but make an astute observation: "It seems like there have been many Tesla fires lately and they seem to all be Model S vehicles. We know of at least 4 in the past 2 months."

As a result of the 2016 fire, Tesla wound up pushing a software update and blaming a "short circuit" in the the car. Tesla also recently has pushed a software update as a result of numerous vehicles appearing to spontaneously combust - one recently in China, and another in Hong Kong. We hope that this update is more effective than the one issued in 2016.

And that's not the only piece of bad news for Tesla this weekend. Investigators have been probing a fatal crash in Florida that killed a pedestrian back in April after blowing through an intersection.

22-year-old Benavides Leon Naibel died after the impact of the crash threw her about 20 feet into the woods at the intersection. 27-year-old Angulo Dillion, who was with her, was in serious condition. A Monroe County Sheriff's Office deputy was the first to find them.



Until this weekend, authorities were unsure as to whether or not the car's Autopilot function had been engaged at the time of the accident, when the vehicle failed to stop at a 3 way stop sign intersection.

While investigators told the FL Keys News that the investigation into Autopilot was still ongoing, the article notes that driver George McGee had dropped his phone, looked down and subsequently ran the stop sign. The driver later told Monroe County Deputy Joel Torres that the car was on "cruise control" when he dropped the phone.