You’d think the market was screaming higher this week, looking at my body of work to this point.
DECK, GRPN, DANG, YGE, PACB, GLUU…you get my point.
Right now, dressed in an Under Armor body suit with Furry Ugg’s on, I am eyeballing SFLY, MOBI, GAME and PRGN.
UPDATE: LONG SFLY Oct 60 calls .80
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OA, you’ve been on fire! I’m taking any bribes to sell my CLF calls that expire tomorrow, and once I do the stock will scream higher immediately! Any offers??
All my swing trades are green right now. That’s never happened before (although the opposite has). Thanks a TON OA…
Happy to hear it.
Can we talk about the amazing volume profile up above on MODN, its a beautiful looking thing.
Didn’t we discuss that it was thin because there’s not enough history?
Havent seen last nights lesson yet, dont know if it was discussed or not.
Yeah, I think it may have been last night. It tickled the back of the brain when you mentioned it.
UA calls are kinda pricey at 35 cents. even low of day..
lol..not anymore
Hey OA, have you seen ITMN? Going back 5 years, there is some crazy moves… and a decent volume pocket at $17.50. Been coiling nice for a while now. Thoughts?
I’ve got OCT 16 calls on this one. Got in too early, but looking for a move to 17. Looks like there’s a few more days before a move.
OA – Not second guessing, just trying to understand the choice of strikes. 60 would be a 52 week high. Could you address either here or on the call today ?
Thx
Yes, it would be a 52 week high. Think that is possible?
A breakout?
The last breakout was 51 to 58 and fairly recently – so yes, this move wouldn’t even be that much. There is intrinsic art/science between calling a dip and calling a breakout – I hope one day to possess half the finess you do on such things.
JKS up 7% – anyone holding ?
Also GRPN on the uptick.
awesome call on DECK…I’m out of the options for a fantastic gain. Let’s go FSLR and CLF!!!
OA- your thoughts on MCP? Looking back at the chart, the bad news looks like 7.78 was a completed move yesterday. The good news appears to be another wedge, so a new high is still on the table. Do you agree?
DECK within this vol pocket looks good into the 70’s (and I know people have lots of time for that with Oct calls) but everyone keep in mind Sam Poser’s price target of $68. He is a boss re: DECK and if he downgraded to hold it would be a resistance point for sure.
Bot WMT calls. The recent news on their inventories was nonsense. They could easily go to 80, imo.
There MUST be a better setup in a higher beta name out there. I think of WMT as the stock you buy long term and sell premium against it.
any thoughts on CZR after this p/b.
also if NKE reports a good number. UA could easily hit 81 by tmr exp =D
Thoughts on CZR…buy BYD if you don’t already have it. You might be able to snag some around $14 as it takes a breather before being sucked up into that volume pocket. Think Jeff’s been in this one since low to mid 12’s. Still a viable setup in my opinion if you can get it on some weakness in the next few days. Hopped out of my calls in it way too soon, personally looking for a spot to jump back in (could be in the next day or two).
I take it u sold GNK?
finger on the trigger here. Shit stock.
well, I sold it. Fucking shippers.
and to make it worse, I missed that .15 pop lol. all in all b/e on the stock (netting the otherdays daytrades.
Does anyone else have trouble getting a certain SNL skit out of their head every time they see LITB on their screen?
?
http://www.youtube.com/watch?v=8XuMqHpz0Kg
Hell yeah! Did you see when I used that image on the iBC homepage?
LOL – totally had that thought. You see the hashtag skit with Timberlake and Fallon?
http://pulse2.com/2013/09/25/jimmy-fallon-and-justin-timberlake-does-a-hashtag-skit-94052/
My office watched that this morning in our team meeting. hadnt seen it before, absolutely hilarious.
Wow, I got taken hard on GNK today lol
OK ladies and gents, UA is going YOLO (noun)…UA Yolos into the close (verb)…UA is going YOLO or Bust!
All signs DO indeed point that way. I think the Nike announcement and after hours trades will be instructive tonight.
Nike earnings beat high estimate by .03 (.86 actual vs .83 high estimate). Nike shares up 5% in after hours.
Hey Scooter -I’ve been out of town for a week. You still holding YGE? Looked really good this morning but not liking the the current daily candle.
Sure am sweetie. Should retest former highs here.
former highs as in the 2011 highs of 12? should we maybe roll them up further out?
lol…the highs from last week.
ain’t it already higher =D. nke brought the ua up to 81 ye. btw i bought in on nke earnings a couple 70s/71s next week exp. i’m thinking of booking 1/2 at the open and let the rest ride. or do you think i should book it all @ the open. thx oa
I sold off VMW, Booked most of UA, and have a finger on the trigger in GNK…FYI
wow, you sir, have a lot of patience. I cut GNK awhile ago, I cant believe it came back. Would love if you could talk about this tonight, like what kept u in till now?
Intra-day sentiment. Panic was easy to spot…discouragement, rally, aversion…etc
OA what was your ave on UA?
Sorry, what are you asking?
FSLR today: 50day sma v volume pocket and structure
UA rippin
UA….Hello to NKE love…..all in the 80 weeklies Jeff…nice
NKE…RIPPING IT
thank you NKE!
Thanks for UA OA!
stay long FSLR or you will get gator chomped
SD watch it…own it long long time
What did y’all get filled at in UA? I think I was late to the par-tay.
Avg .23
NICE JOB! I got in @ .39 I’ll take what I can get.
Jersee…we were getting in around 25 cents I believe.
TSYS
All coiled up…kind of a sloppy volume profile but might be worth it back up to $3.
mako buy out to 30..a neat way to see volume profile at work
thoughts on ebay? over 14.5k nov 57.5’s bought. been in a trading range since the beginning of the year from 50 to 58. how do we calculate the measured move? thanks!
I wouldn’t feel comfortable going long ebay until there is a break of channel with confirmation. Then a possible target of 65.50ish
Other thoughts on it?
sold 1/2 my ua weeklies for 100%+ (was long at 40)
thank YOU, OA
stc UA weeklies + 125% wohooooo
yes, out of FSLR weeklies for profit.
Who would’ve thought FSLR goes up +4% on a day like today….
Besides me.
indeed, sir. lol
OA, are you planning to book any profits in FSLR and YGE today? Or keep holding to your targets. I think the targets were 45 for FSLR and 10 for YGE?
oh shit, just saw target from StocksRider after I posted.
No, not yet.
Target in mind for YGE? 7.50?
$10.
matt/dub/cheese/OA: UA has officially “Yoloed”, better be out by now….Also, FSLR is not concerned with a sell by TheFly yesterday..
@vaughn – I want to see what happens over 80.72 the second time
MCP and CLF look like they just took cliff dives.
Just grabbed more 23 CLF Calls. Look forward to a nice rally next week
Man – good ! I had CLF 24’s on my “to do ” list today. I’m tripling my buy at 1/4 of the price yesterday.
OCT or NOV calls on CLF?
Are you sure its going up? Looks like a failed pattern.
looks good for a pop next week
I didn’t buy
Sold about 1/2 the YGEV6s for 100%
another huge THANK YOU
Same here and same thanks.
CLF looks like it broke the wedge down… past my line in the sand. I am not a buyer.
yeah, i think the trade is just busted.
My line is below 20.70 at close, after that I’m out.
Hey OA, looking at the daily chart for $RUT, could we be at the aversion stage on the day? Seems to fit well, I guess we will see if it plays out or not.
Hi OA, I picked up some GRPN today’s dip.
What is your strike or target for this ? Thanks.
Nice daily bull flag breakout on the russell… Long TNA’s here for a day trade… actually bought them at the low, Russell is just too strong lately. #Gogreen
What’s with all the target questions?
If you’ve been in the After Hours room you should know how to find targets yourself.
Got some GAME at 4. OA how do you read MCP here? Tks
Hello YGE! I am happy to see you today.
DANG on a tear right now..whats the recommend exit price?