I booked gains in JKS ($7.46 – $17.20), ADHD ($14.40 – $15.78) and a loss in VPCO ( – $.11).
I have a few Sep call positions I need to unload this week (FSLR, UNXL, KBH) which I hope to do at higher prices.
Other than this I am bored to death, but like the grinding action in stocks today. If this carries out throughout the week, this is a good sign of market conditions to come.
Hit me up with ideas or questions to keep me awake over here.
OA
If you enjoy the content at iBankCoin, please follow us on Twitter
A wonderful buy and hold spec stock that I love is APP.
I love it myself. Great long term play.
Whaddaya think about CLNE?
If I had the time, I would allocate some capital.
I’m with you on the FSLR Sept options. Hopefully we get a pop here very soon.
To keep you awake, I have 3 q for you. I believe you also have FSLR Oct. option, right ? What is your strike for GMCR ? Are you gonna get Twitter IPO ?
James,
Yes.
90.
Yes.
Thanks OA. I have GSK for long time holding. Do you like GSK, if not do you have any drug company you like ?
I’ve owned ABT and ABBV forever.
OA do you have an opinion on TGT? I’m thinking of letting it consolidate a bit before jumping on some calls. Thanks
I don’t care much for that stock. If I trade retail its typically UA, LULU, DECK.
Jeff…somebody might have reminded u but just in case dn forget about max pain for tonight…..
Thx!
While we’re on the subject, could you go into–or at least address– “relative pain” vs. “max pain.” Almost every calculator resource that I’ve researched includes both and they seem to be quite different. I believe “relative pain” is max pain for options bought since the last monthly expiration date. They both seem to come into play.
Where do you get “relative pain?”
Bot some WTW calls.
How can you be bored when you’re poppin Molly?
I’m sweatin’
Thoughts on SOHU? Holding Sep calls, huge volume thus far, previous days lows have not been broken, but pretty fast rejection after the gap up. I’d hold if I had Oct calls, but wondering if the short-dated options might force me to take them off the table now?
I would’ve sold today had I been in.
BBRY want higher today
Indeed.
Hi OA, what do you think of NKTR here? Thx!
I’d have a hard time buying here after a move from 11-14.
WLT – got any juice now that its back pedalled now?
Not sure, but easy to manage here.
it seems to be an inside day for UNXL…would have loved to see follow thru from yesterday, but now expecting it to happen tomorrow. tomorrow will be the tell imo.
I agree. Hey, you going to that Scottrade event in Phoenix this weekend?
no, why? i live in Greenville, SC.
Oh, I will be in AZ for another event this weekend. Wondered if you were on the travel crew or anything.
I don’t work for them…i’m an architect. i guess you are confusing me with someone?
Oh man, my fault. Yes, I confused you with someone else.
hey, my daughter and her husband live in Greenville SC,,,,do you know them? small world
is their last name “sun”. jk…what are their names? it’s a great city.
YRCW…..aversion ?
I could see that, yeah
OA, love your work. Your volume pocket strategy has improved my buy/sell timing tremendously.
I’ve been holding KWK common for a few weeks now (feels like years), hoping for a big move with rising natty prices. It finally closed above 1.80 on Fri (first time since June) and is following through so far this week (~1.90 currently). Looks like a nice volume pocket to ~2.20. I’m trying to decide between adding here or putting in a tight stop to avoid losing current gains (+20%). Thoughts?
I would do both. This is looking like a great long for the near term.
Great thanks. Quick follow-up regarding options on KWK (and other thinly traded stocks under $5): KWK $1 calls are trading at almost 0 premium (probably.05 to .1 to get filled) out to March ’14. Worth considering? or not worth risk of losing gains due to lack of option buyers?
What do you think of aapl? It’s been hit way hard on news that everyone knew…
I want to be long down here. For KFine’s sake.
anytime Jeff….like to see this PWRD reversal stick here…..
totally agree, need PWRD to be strong here
other than volume profile and your custom stoch, do you use any other technical stuff? Fibs? turn dates? EW?
(originally posted in wrong one)
fslr looks like it wants to break down
too many homos in this stock right now..
but resting safely on the 200 day…
decisions..
Why do you say too many are in this? What are you basing that on?
this blog.. and fly now too. feels like people just jumping in for free money
I think we’re a relatively small sample. I thought I was the only one talking this stock prior to Fly’s mention.
plus if fslr was going to take off, why didnt it today? spx was up
grinding after the down day bothers me.. but the weekly chart looks great
Also, not sure how to take “too many homos in this stock” – then referencing myself and Fly.
I’m quite hetero. Maybe a splash of metro. But definitely no homo.
I LOL’d at your response OA. Too Funny!
what about KNDI and ONVO
I like KNDI here
Just curious what your thoughts are on F. It may not move fast enough for your liking, but if it can ever manage to crack $18, there’s a lot a room to gallop. The volume profile shows almost nothing above that price dating back to the 2001. And even then, the $18 – $23 range it only had a swift move up in 1998 and a swift move down in 2001. I guess my long-winded question is:
Is the volume profile as relevant on this large of a time frame? And is this stock ever on your radar?
I own a large position in F shares. Have for years.
yeah, i own a decent amount of F shares from back in Oct 2012 at $10.
Seems like with a little more consolidation in the $17 range combined with some market strength, it might be able to finally pop out of the trading range its been in for the past 10+ years. would like to try to trade it via options, but not i’m conflicted on what timeframe to choose.
Jeff w u buy the KNDI OCT 5’s or or reach for the 7.5’s or just buy the common?..thx mch…
I typically buy stock in these that are 5 or less.
ok thats very good to know….thx mch..
I got some SD Oct 6 this morning. Looks good so far.
Well timed.
would you roll YOKU if you had the sep 23’s at 1.35, now 4?
Depends on what I thought it would do here this week. If I think up, no way I’d roll. The front month is super sensitive to price now.
how bout just roll a fatty n enjoy the sep 23’s?
very little upcharge though – 40Cents
Yeah, but you lose delta, gamma, etc. More time value. The front month is like a futures contract here. Try to wait til the last second before rolling.
did
Hey, HIG. looks ready to POP, volume drying up, Whatcha think?
looking for a whoosh here, as no one seems to be looking at it….
Good play off higher rates.
Think PACB is a buy down here, or cut loose?
Timeframe?
1 month.
Thanks OA!
Outsidee
I like it over the long term, I think its messy here short term.
OA my man, saw you were going to Scottrade event in PHX…..lucky for them. They got you on the hook for any more events. I am going to try and get the gig to travel there.
CRM..poww flying,,,well done