When you hear me say “YOLO Trade” these are trades I take with very short dated options (weekly) that expire at the end of the week. I usually start buying on Wednesday or Thursday, looking for a quick price move prior to Friday expiry. Last week, we managed to take 400% wins in CRM and GOOG with this crack addict style of trade execution.
Looking at my normal group of YOLO stocks, I am keeping an eye on these two charts this week for sharp price swings.
Under Armor and SINA. Watching and waiting for the right location…
If you enjoy the content at iBankCoin, please follow us on Twitter
OA maybe not a YOLO, but you recently talked about $DECK. Given today’s flat to down price action, does it change your opinion?
Not at all. You?
It hit at its near term resistance today. But given the underlying support and the small vol pocket above, I would say it starts sailing upwards to 67 in the next few days, before encountering next resistance. No?
Agreed.
This intraday decline is anything but fast.
TEAR and PWRD are my yolos. You’ve got the late game comeback thing going right now.
the best way to describe how MCP made me feel today would be something like bringing a smoking hot girl back home only to find out that she’s not really a girl
today’s candle might look bad to an amater (sic) but I think the breakout has already taken place and i’m holding to see what happens tomorrow
if you’re holding october’s, you have a ton of time left.
Something that often gets overlooked. Time.
what is this late plunge .. sorta some very soft hand bears, or wtf else
Would be rather entertaining if this was a rug pull, only to rally hard tomorrow.
Think of the move that hurts the most people here…
You are on to something…
weak intraday market internals though ; strange enough the late drop ala’ speculative bear attack , likely the usual bigfund driven algo aroung the corner zipzapping futures here and there while the market is undecided
what abt this SSNI going into qtr end after getting slaughtered past the share unlock?
$FB 47 puts are my Yolo….looking for shooting star completion tomorrow
UNXL for the snap back slamma jamma…it behaved nicely today..and I added on
Jeff……..JPM…Sucks so bad therefore it should be bought soon..no position yet
KNDI…anyone in this ?damn
me , long $kndi on the gap fill after the little car show news and on on the china electric vehicle subsidy news
IPCI looks good. Great company and pipeline too.