BP
BP p.l.c.
stock NYSE ADR

My BP is 5 times the assignment value

My BP is 5 times the assignment value

Lemme guess: "I have cash for everything" means "If I get assigned on everything there will literally be $0 BP left in the port"

My understanding is, that by codevelopment they mean a big pharma partnering deal, where there’s a upfront payment and milestone payments (to help with costs of this and other phase 3’s) and then an eventual royalty%
Then a royalty investor would be an investor that’s maybe specialises in pharmaceuticals as a royalty investor buy not BP having actual resources for commercialization.
In my opinion a codevelopment (partnering) with BP such as J&J would be optimal because of the synergies, especially regarding the commercialization.
I don’t still spit at a huge buyout either 😂

If 1.3% change is shaking you . This is not for you. This is not FD . There is an inherent risk .
You didn’t even mention from how long are you holding your portfolio what funds are in it .
Also you don’t loose the amount until you sell your stock/funds . Many of the funds you should consider under 3 years of time horizon , meaning wait for 3 years and don’t watch it daily and get BP like this . Unless it’s a short term fund .

Thank you! I didn’t even realize my BP still says 9200, about 6000 of that was put into a Roth so I guess it hasn’t updated yet. So, I will have around 2200 settled cash in my Fidelity and was thinking about SGOV instead of SPAXX since I live in a state with income tax. I haven’t heard of BOXX but will check it out.

Depends a lot on your personal risk tolerance, time, your own models for price, and of course what your broker will allow you to do.
Gotta make those calls yourself, chief. But it's conceivable that BP requirements could double or triple for the naked call on a major wave up.

Yeah im buying the fuck out of BP right now