I was relatively inactive on the blog yesterday, prepping for a options webinar I did over at Scottrade. Getting back into the swing today, and one of my favorite breakout set-ups I am looking at is LNKD.
This should provide a decent pop in the next few days. Long Jun Calls.
More later…
If you enjoy the content at iBankCoin, please follow us on Twitter
OA – do ya still like the FB ?
I’m still in…
Stopped out of LNKD, booking gains on some other positions here.
Raising cash
Booking gains in which positions? Thanks!
Does your conviction remain the same for BIDU?
Yes, but with a longer time frame. Push out til next week. We’ll chat more about this soon.
Thanks
Exit strategy for DECK? Huge pick btw I’m so stoked you are here blogging. Always wanted to learn more about options strategies and no one here covered them. Some day I hope you’ll pen something on position sizing.
Coming right up, Kev. I will do this soon.
Here is what I have done thus far…
Booked 440% in GS calls
Booked gains in AAPL wklys.
Booked Gains in BIDU 97.5’s
losses in BIDU 105s
and both LNKD positions this morning (small).
Awesome! Are the GS and AAPL positions you opened today or previously had?
Previously had, but blogged about here.
What about CZR? Still viable for a breakout here or is it done?
$15 is my line in the sand in terms of today’s close.
Are you still holding Bidu May 31 97.5 calls? If not, at what price did you exit?
I still have next weeks BIDU calls, will be adding at the end of the week.
Thanks
Whats your target on IVAN
$2
BIDU is a typical problem with weekly options . Larger hedges selling the calls and still holding many shares . Very easy for the hedges to push this one around and probably late Fri . before we start to see an bounce and then next week is a shortened holiday week . Maybe June week 2 might work .
Mos Def.
A June would suffice, but the degenerate gambler in me fiends for high returns.
I’m assuming this LNKD setup is now out of the picture?
I mentioned stopping out like 2o minutes later.
Bought AAPL, MCP and FSLR here a few minutes ago.