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Options Trading with Option Addict

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

OA Buy: GMCR

Option Addict Thu Oct 24, 2013 1:05pm EST 11 Comments

I am long of November 65 calls in GMCR.

Also eyeballing FSLR, OMER, X.

OA

 

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11 comments

  1. mattdc
    mattdc
    October 24, 2013 at 1:20 pm

    Followed you …Thx

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  2. CypSteel
    CypSteel
    October 24, 2013 at 1:29 pm

    @OA if we get a blow off top tomorrow, do you have any candidates that might come in a bit? You nailed Z and YELP last week, do you see anything else that might come in 8-10%? I am looking at HON,WDAY, and ORCL as possibilities? Any expertise? Granted high risk against the trend…but I am looking for a quick 1-3 day scalp for a pullback. I think we are way overbought here…

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    • Option Addict
      Option Addict
      October 24, 2013 at 1:32 pm

      Have you traded through a blow off top before? The environment is much different than we have here.

      However, if you are looking to bet against stocks, start with stocks within 10% of their 52 week lows.

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  3. lanforce
    lanforce
    October 24, 2013 at 1:58 pm

    So if I read this correctly, you think we are in Wall of Worry phase on GMCR ?

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  4. alpha_wolf
    alpha_wolf
    October 24, 2013 at 2:51 pm

    USG looking good

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