iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

GLORY TRADE: OSGIQ

No, this is not a mutual fund.

My long in this trash shipper has weathered the storm of lower equity prices, and has been a safe haven to store cash while all other stocks were sold. This long is now +55% since entry.

Rather than pimp my book, here’s what I did today.

Lotto GOOG 885 calls at $.20 (they expire today)

Long Jul WKLY 840 PCLN calls $3.50.

I love coming back from vacation and immediately start having my way with the market.

More later,

OA

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41 comments

  1. fly jr

    better cover

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  2. MikeyWins

    its approaching the time that the clock broke.

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  3. jb

    Nice OA!
    Are you holding OSGIQ? What is your target?
    Thanks!

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  4. fly jr

    shorting TNA with both fists

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  5. fly jr

    technicals say the RUT is completely overbought on every time frame

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  6. fly jr

    gap fill – resume plunge

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  7. fly jr

    phantom trade at 96 on IWM. This will be met next week

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  8. TheOSU

    FSLR ……thanks , any target price ?

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  9. The Fly

    Fly Jr

    I am going to ban you, sitewide, if you don’t refrain from offering advice. Truly, you’re horrible.

    LOL @ the mutual fund comment.

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  10. bchu12

    OA, congrats on your USLV call. Awesome movement today. You were spot on with that.

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  11. hybullshit

    incredible, pcln 840 call was down to about $2.40 and at 3:35pm it is back up.

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  12. StocksRider

    OA great call on PCLN, one of the few solid warriors in today’s tape. I sold all my longs before the bell and added to my index shorts. I believe we are going to have couple of violent down days beginning of coming week. I will surely add back to PCLN then. Cheers.

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