Reddit Posts
America First = Advanced Auto Parts, Last
America First = Advanced Auto Parts, Last
Let's tally. What are some stocks that talking heads got very wrong in the past few years? and stocks they will get wrong in near future?
2023-04-12 Wrinkle Brain Plays - In the style of Gordon Ramsay
Dick’s Doubles Dividend as Sales Surge. Why It’s Outpacing Other Retailers.
Nothing beats a good ol double up. Gains from baba calls, Disney calls, AAP puts
$GPC PUTS 2023 Q2? Let’s talk auto parts!
Europe’s Gas Price Is Now Equivalent To $410 Per Barrel Of Oil
Have you ever got excited seeing a your stock go up and realized that the ticker symbol is not the your stock?
Companies Still Facing Inflationary Pressures - let's discuss possible impact during upcoming earnings
Companies Still Facing Inflationary Pressures - possible impact on upcoming earning calls
Inflation possible impact on upcoming earning calls - discussion
The stocks with the most optimistic sentiment within news coverage this week (8/22 - 8/25)
Why I think $MAPS is more than just a weed tech company with an app
AMD: This is why it's down after earnings but will eventually rocket
Mentions
I am wondering about AAP. Why? Recently the director almost doubled his share count to 10k shares buying 4,700 at over $80. Also, they have a forward P/E of about 20 according to YahooFinance. Idk yet though. Still watching. But I could see it making a come back in the next 5 years
AAP 19 bucks 
Good, there are many stocks that I will never put much money in. AAP is one of them, I don’t trust management or the fundamentals. I am only putting my money in individual stocks that I understand
Finally got out of my AAP 🎒 and got calls along the way
Try normal stocks not up 600% perhaps, take risks on stuff bloody in the street. WBA, PANW, BABA, BGS, AAP, PFE, MMM, WHR, NYCB, EB... Guaranteed a few losers in there, a few winners too perhaps... But all at serious lows and all things I have bets on
Would you all fuck with Advance Auto Parts? $AAP
This is not like a math problem, where if you find the fixed solution you succeed. This is more like a competition between millions of supercomputers attempting to find a temporary solution before the others find it and arbitrage it away 4 tenths of a second later. The solution is always changing as the fates of companies are set by little decisions, product test results, and a mostly-invisible web of incentives, and infinite externalities like weather and sentiment. How could we have known a year ago that TGT would beat earnings estimates last month, while AAP was going to miss estimates for a year? How could we have known a few years ago BAYRY would have its future existence called into question by lawsuits over Roundup causing cancer? To verify this, deep dive into 3 companies, try to predict their next year's quarterly earnings to the penny, and extrapolate what the price will be. You'll most likely be way off because deeper analysis is to some degree just dart throwing on another level.
ok but how the fk did AAP go up?!?! it had everything negative. worse earnings, worse EPS, was worse even compared to estimates was trading much higher than before... yet it went even more up LOL. after earnings stock prices are completely random. no logic make any sense on them. it's just pure gambling.
What I’m more worried about is selling if I need to. I tried to close my position this morning and it would not fill. I also tried to buy to close and sell to open roll out and wouldn’t fill. My position is AAP March 1 48P cash secured put. I captured most of the premium so I wanted to roll out to the 15th
I’m looking at March 15 expiry for AAP on put amd call side btw if that helps any.
YOLO'd my last 100 into REAL calls because Burry has been on it these last few weeks... TOST, SQ, AAP, QRTEA...
I agree with the market being kinda crazy I was in AAP for a put thinking that it would miss earnings. It did but to my surprise apparently good guidance is all you need for a stock to spike up
Well, $AAP and $PANW screwed me. The fate of my portfolio lies in $MARA and $AI calls.
C’mon $AAP investors… you know that missing EPS by .87 is bad… you want to dump that shit stock… 🧙🔮
You were right on AAP. Earnings shit the bed. But since it apparently doesn’t matter, stock is up.
I saw AZO had good earnings so figured AAP would follow.
AAP absolute shot earnings.. bring her down
Looks like my SPAC, BMBL, CVNA puts and AAP calls are going to print 
$AAP reports EPS of (.59), expected was .23. Stock is up 3% premarket. Yes I have puts. Fuck this haha
AAP is running hot. Burry bought in big
The market is strange. NU had great numbers = down (took next week to print). CVNA had shit numbers = up (and still going). The vegan meat with shit numbers = up (+50 fucking percent) Just feels like the market is screwing with the obvious choice of everyone P.S. I know you're 100% calling puts right out of a golden unicorn's ass but hope you're wrong for the first time on AAP 
RKLB down 3% AAP up 7% Inverse everything this regard says
I made a lot of money off the premiums for the weekly call. Sold for 60%+ profit before close and didn’t hold any calls into close. I couldn’t yolo this one. Didn’t play AAP cause the last car play (RIVN) I followed I got burnt.
He’s still 10/10 on puts. Praying that turns into 11/11 for $AAP
Rip anyone who followed that one guy into $LMND  (i followed him into $AAP puts)
I believe LMND will still pop in the morning those earnings are very strong and AAP will die in the morning...... CORGI  https://preview.redd.it/0lik0vgqe7lc1.png?width=1344&format=png&auto=webp&s=3361a802c8d97718d28e18bfca3b1fd16195281c
Are AAP earnings out? Why is it moving so much after hours?
Now that you are wrong on LMND calls, I am worried about my AAP puts already.
Todays positions - Fslr calls - looks like itll print Bmbl puts - looks like they will print Ebay put - 🤦♂️🤦♂️🤦♂️ Lmnd call - 🤦♂️🤦♂️🤦♂️ AAP call - guess we’ll find out tomorrow
Going into earnings tonight with BMBL, SPAC and EBAY puts and AAP calls. Also have MARA for tomorrow earnings
Looking like AAP mooned after you posted this. L
Anyone else playing $AAP earnings? 
I went with a call on AAP. People are hurting financially right now and will likely keep that old car going versus buying something new. I think they slay earnings given the economic climate.
That's idiotic, so I'll follow you for AAP
Sir, Who do you think sells the parts to the local mechanic? AAP just died last year because they keep hiring morons to cut costs from the likes of potato chips companies
I'm in. Just one AAP 57.5 3/15 put BC my bags are full of sh\*t stonks, $310 is all I have to trade with. LFG!!!
Let's see how many I tick today: BYND 3/1 8 Call AAP 3/1 68 Call BMBL 3/1 15 Call
AAP does def look set up for an earnings bust. they missed eps by alot 2 out of 3 times in previous reports
Chat GPT says AAP is going up?… any suggestions?….
If options are expensive, I suggest buying put spreads. For eg. AAP is at 63.2 right now and hot can buy 3/1 58/59 debit spread for $0.35 so that if stock goes below $58, you make 3x your money. If it closes above $59, you lose everything to put in
AAP is over $63 so your example is not making sense. You can't buy shares lower than the current cost . . . Say you buy 100 shares at $63 and sell an OTM (not ITM) 64 strike CC for a premium of $5.60. If the stock is $64.01 or higher at expiration, then the shares will be called away for $64 per share which is a $1 profit on the stock. Add the $1 profit from the shares, plus $5.60 from selling the option would be $6.60 or $660 net profit. ITM would be selling at the 62 strike that would bring in $6.50, but with the loss of $1 on the stock this would have a $550 profit so would not make sense to do. Filling a trade like this will not be a problem, and the shares are unlikely to be called away until the CC expires which is the norm for most options.
AAP is getting lots of play
NGL…. AAP’s earning per share value is very low… that’s giving me put vibes…. What do you guys think?.
>$AAP options are too expensive to even mess with. Just don't be poor?
Cc are sold, not bought. Automatically called away? Most likely if ITM at the expiration you chose. Immediately called away, possible but probably not. As written, the contract is likely to fill. It looks like you are using -AAP240301C62 as your metric (currently OTM), although there seems to be adequate oi throughout the year. Giving more precise detail about the actual position is helpful.
If you use Midwest logic. I see an AAP I’ll drive a bit farther for that AZO
So calls on AZO and puts kn AAP, got it!
Our boy, Burry owns some $AAP.
AAP is currently up. Keeping an eye on it
You really think after $LMND is already up 14% in the last three days it has more room to run?? $AAP options are too expensive to even mess with. Good luck to all who follow these plays and godspeed!
You can't buy a covered call. Covered calls are sold. In your example, the 62 strike is higher than the stock price, so that is out of the money. You are pretty close to understanding it though. If the stock price is higher than the covered call strike at expiration, you will be assigned and forced to sell the shares at that price. You might get an early assignment if the stock skyrockets past your strike, but most of the time it doesn't happen until expiration. To update your example, you buy shares at $61 then sell a 57 strike call for $7.70. That $770 is yours no matter what. If the stock is above 57 at expiration you will be forced to sell and take a $4 loss on the shares, netting $370. If the stock is below 57 at expiration, you keep the shares. If the stock drops below \~$50 at expiration you will be negative on the trade. AAP reports earnings tomorrow morning and the expected move is over $10. It might sound like a lot, but this trade is not free money. There is real risk.
Played the AAP March 1 48P. We’ll see…
This is incorrect. Whether or not there is a bid is not a function of OI. u/SuccotashOk50, all ITM options always have a bid, and if there is a bid, you can sell. Look at the AAP options chain right now; you can see several strikes with 0 OI that have a bid.
AAP has an OI of 142 for that date and strike, so this is some trading. The bid is .82 and the ask is .91, so a .09 diff that means the liquidity is thin but still not terrible. **NOTE - AAP has an ER coming up on 2/28 before the market opens, so this is a high risk trade if the stock drops after the ER . . .**
Something strange w this one this AAP on yahoo says 0 oi at every strike. Why would that be?
For example I’m looking at AAP. Current price is around $61. I’m looking at Strike price of $48 expiring this week. But there is no open interest. For a cash secured put. Won’t a market maker fill this?
# So many good earnings next week! AAP, HIMS, U, URBN, MARA, IONQ
AAP seems like it could be a good buy here
Hey looks like we’re both green on AAP :)
AAP low key the easiest double here and NO ONE here is giving it any love. Makes me and my calls very happy.
He has a lot of AAP, maybe he made a typo in a buy order.
As rates drop and small/mid caps come into favor: PFE, BMY, VZ, T, MMM, DG, ADM, CVS, AAP, BGS, WHR All at significant lows, dividends.. these are some of my top plays
Do you expect this insane growth to continue? Because that’s what’s been priced in. The bar for NVDA’s performance has been set so fucking high. Why buy a company at a price that requires absolute perfect execution? Why not buy a good company that’s been priced for poor performance? Personally, I would rather buy something like VFC, KD, CPS, AAP, PYPL etc… these are historically good quality businesses(maybe not kd) that have had some temporary issues and have been priced for destruction. The bar has been set so low, yet people convince themselves that this horrific performance is sustainable. Perfect execution is unsustainable, even by the best companies. Poor performance is also often unsustainable by good companies.
DOCU calls EFX calls SWKS calls AAP calls SNOW calls
Surprisingly/Not Surprisingly, consumer-oriented auto parts companies do very well during recessions. Recession = repairing existing cars instead of buying new, leasing, buying used, etc. - AZO - autozone - ORLY - orielly - AAP - Advance auto parts - SNA - snap on tools
AAP is interesting for sure.
How can you not dump it? There so many better deals out there compared to NVDA. Great company, but it is priced for absurd levels of performance. It could happen, but I prefer setting the bar lower and buying quality companies that are priced for poor future performance. Companies like VFC, AAP, KD, and CPS are all quality businesses that happen to be priced incredibly harshly. Even PYPL and MMM seem like reasonable bets right now to me.
Any worries about WHR cutting dividends? AAP dropped like a rock when they did.
I've been actively managing my portfolio since 2010. Beat every year except 2023. Most of my portfolio is MSFT, DE, AAPL, COST and DVN. I sold several winners (GOOG/L, SAM, AAP, ALB) and I've definitely had my losers (dabbled in some meme stocks for fun) and, while some some years the "beat" was a razor thin margin, overall I'm well ahead. I'm getting older (mid 50s) so I'm just beginning to pull back from the more speculative stuff and moving to boring safe shit. This, of course, means I'll probably get my ass handed to me the next five years. Luck is great early, low risk later.
$60b mc is insane to me, almost bigger than TGT when the do the exact same as AAP but it’s a WS low float holy beloved stock that never goes down just like MELI, BKNG, CMG, NOW, etc.
80% of small and mid caps are still a decade lows, heck even boomer stocks like Verizon, Walgreens, big lots, VFC, AAP, bgs, PFE, MMM, DG, whr, KSS... My god I could go on and on with decade low stocks
I don't like looking at (gross) margins in isolation but they can be useful when comparing competitors or companies in the same industry. A good example is AZO at 52%, ORLY at 49%, AAP at 44% gross margins. But if you only look for high margin businesses in general you can end up missing out on some pretty solid companies like distributors or Costco.
DORM is relatively safe. They have things like door handles, wiring harnesses, and ignition components that are still on all vehicles. I still like SMP better despite being more focused on ICE specific components. AAP was, is, and will continue to be a dumpster fire. Management is always clueless and usually outsiders to to the industry that don’t understand what shops want. Their attempts to bring more brands in house have always failed resulting in market share losses. I used to cover aftermarket automotive stocks. So I know way too much about the space. On EVs though what really matters is cars outside warranty. For middle to lower income it’ll be a while before EVs take over this demographic with how expensive they are and impractical in the Midwest outside larger cities. Also more than half of sales at these guys are to auto shops not DIY. They’re really just hyper efficient auto parts supply chains. Can get you just about anything in day and common items in 20 minutes dropped off at the shop.
thanks for the tips. all I can say for the autoparts companies like AZO/ORLY/DORM/AAP is that they all have consistent sale & earnings growth, MUCH better than the actual car companies like F/TM, etc
Spot on, AAP is also a pretty good one. Their financials are in a general uptrend but ORLY & AZO & DORM are a little more consistent. That being said I think theyre also a good one along with the others
Don't you think AAP would be the far better auro parts play? They had some issues, but got way oversold, not just bloody, but left for dead. Any hint at a turn around and that's where the real money will be made. A risk, sort of, but no risk no reward
CPS, KD, AAP, VFC will average 75% gains in 2024.
$AAP ready for liftoff tomorrow? Closed green today 👀https://i.imgur.com/Wbc5ocD.png
With the exception of NVDA, Kramer mostly gets it wrong. Here is what the research says. Under such a microscope, Cramer's stock picks lost luster. The Wharton researchers found that his AAP portfolio produced an annualized **4.08%** return in the 17-plus years reviewed. At the same time, the S&P 500 gained 7.07%.
Idk man I’m buying the crap out of AAP right now and that things down 75 percent
At this point, I'd say the bottom is well and truly in for $AAP. Now, assuming you get in at 54, if it runs to 70 that's about 30%. Not bad.
Aside from potential micro caps, I think EL is undervalued at the moment. I don't have millions to sit around dividend investing or the patience to hold long term, but if I did, I'd definitely be holding it. Also, in my dumb opinion, AAP is a great long-term hold. I'd be glad to hear what you think about them.
Bump… well it did take a shit! I didn’t think it would dump as much as it is. GPC and AAP may be worth holding actual shares at this point. With a recent shake up at AAP with the announced sale of Worldpac and Carquest Canada… there might be some profits to be had!
You used to be cool AAP. What happened to you 😢
My best was DLR was down about 20% I think and came back then some. Still have it. My worse is AAP down about 60% when they cut the dividend this year and counting. I've got others.