Here are the moves I made on the day:
Booked gains in:
GS Calls +440%
DECK Calls +85%
BIDU Calls +83%
WFR Calls +240%
Booked losses in:
BIDU Calls(105) -60%
LNKD Calls -35%
CZR common -2.9%
New Longs Added:
AAPL Calls
FSLR Calls (nailed the low)
MCP Calls
IVAN Common
I started rolling back some risk off the open and didn’t look back. The plan is to take off a few more gains into a gap up tomorrow. Into a gap down, I will be buying up more. Funny, but the $NYMO is actually negative here.
That was by far the longest trading day of the year thus far.
Posting watchlist ideas later tonight.
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Did you book Bidu May 31 97.5 calls?
I closed this weeks, still have next.
Still looking to add, still love the set-up.
Nice work
FL calls were on sale late in session . I do enjoy discounted prices .
The sneakerhead movement is getting stronger.
OA, how did you manage risk on the option trades: did you place stop-loss orders (limit) or did you just instigate the sell order manually when you thought it was time to sell?
I closed them manually.
Impossible to use stop orders on OTM options.