For those of you on the outside looking in of the After Hours with Option Addict premium service, I will be hosting a Special Open House Event tomorrow, Halloween Day.
Please stop by to mingle and take some free candy, as you know I have plenty.
We’ll have some special festivities planned. See you After Hours.
Yours Truly,
OA
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How do we access the open house?
All products will be unlocked at Midnight tonight. Simply click on the AHWOA link after market close. We start at 4:30 PM ET
Some names I like the look of if I can get the right entry : ZN,STP,GRH,IG
OA is one of the best in the business. If you do not check out this service for free? Just shoot yourself now.
LOL
Here is one money making and one money saving ideas for your trading day today.
1. Venture into AHWOA and mine the wisdom, wit, and intelligence of one of the best stock pickers and market analysts on the planet or……
2. Ignore this incredible offer, liquidate your portfolio, then spend the day tearing up $20 or $100 bills and toss them one by one into the local storm drain.
$20 or $100 bills? Shoot, for me it would throwing all my change in a fountain.
first hit on the house. 😉
Is it TZA time yet?
ANR rocking
I hope that anyone who is buying AMZN above 360 chokes to death on their Halloween Candy or gets hit by a car Trick or Treating.
Still in ANR
Materials and crude, got to love em. X, ANR, CLF and PBR. Quite the rotation going into some of these names.
GS looks like it wants to have legs today.
We can only hope.
Hope is a lousy trading strategy, unfortunately – I know – I’ve tried it far too often
Stage 2 – Prayer
Stage 3 – Sacrifice firstborn to the Market Gods
It’s helped that I’ve had several kids to offer up….
As a father of five, it’s easy to contemplate human sacrifice, especially when tuition/dental bills arrive in the mail.
eeeek – I thought two was bad enough
Looking for Walter (WLT) to get scary fast today
JStar, Thanks for asking the question yesterday. Just wow on BYD today.
Oh wow. Got stops blown out at 13 yesterday and was a little bitter. Feeling better about it now.
No kidding. Appears that strategy works pretty well. The interesting thing I notice is that even though the stock popped .25 at the close, the options were pegged between the bid ask at .28 and never made it up to .30 for a better sell.
The only thing more frustrating than chasing a bid for a buy is chasing the highs at the bell for a sell.
Thinking of an AAPL put spread 525/520 as a Hail Mary YOLOL.
Someone talk me out of it.
I have not had much success trading apple options.
got no luck in my stuff ….sentiment cycle here is getting low
dumped IDRA at $2.00
I doubled down at 1.70 on that pop from 1.60.
OA – My Favorite Money Maker
Thoughts on PXD (redux) if it consolidates around 200-202 ?
Hit it!
Any thoughts on UNXL here?
depends on your risk tolerance. I’m in it longer term. All the bears tend to think this thing is destined for failure, and some even say they don’t have a product. I think otherwise, as Kodak is hiring for positions to begin production.
I am long, still maintain the short thesis doesn’t square with the facts.
is FSLR getting ripe yet? Sub 50 now.
APOL is officially a blown trade. The rest are mostly holding.
Earning on FSLR today, right? I think I’m going to wait for that first.
First Solar is expected to report FQ3 2013 earnings on October 31th after the market close. The information below is derived from data submitted to the Estimize platform by a set of Buy Side and Independent analyst contributors.
The current Wall Street consensus expectation is for FSLR to report a $0.92 EPS and $961.29M revenue while the current Estimize consensus from seven buy side and Independent contributing analysts is $0.61 EPS and $908.19M revenue. The magnitude of the difference between the Wall Street and Estimize consensus numbers often identifies opportunities to take advantage of expectations that may not have been priced into the market. In this case, we’re seeing a huge differential between the Estimize and Wall Street numbers compared to previous quarters.
Matt
Even sadder on APOL is that I was sitting on 100% gains on Tuesday. SHEEYIT
Total execution blow on my part.
Trader error on my part. Called the target, didn’t execute. Those that did seemed pretty happy.
OA, are you still holding HOV calls? Seems like yesterday the stock took prior day’s low. And now it is in red again.
Prior days lows not totally applicable in a range though.
And yes, I have calls.
The bottom part of that range being 5, right?
Will let OA speak. But to me it seems like 5 is where the big support line is.
Yeah, you guys are right on.
Can you talk about the switch from using prior day’s hign/low to the range in AH, please? I am not getting the best fills and even though a stock might not take out the range lows, I get (paper) losses bigger than I would like. I am not sure when to book the loss or hold on. Thanks.
Dear Giant Face Sucking Squid – aka GS – I hate you.
That is all
Cheese,
It would certainly be helpful for the group if you could be a bit more candid on observations and sentiment.
In other words, please tell us how you REALLY feel…..
🙂
What’s the opposite of hookers and blow?
Wives and car payments ?
oh great – now I’ve got to clean coffee spewage off my monitor….
Freaking hilarious.
that was top notch. bravo. LOL
The thesis from yesterday hopefully playing out in terms of markets going up for at least the next few days. QQQ is outperforming just like that. I am buying YOLO weeklies and QLDs.
Prices, details ?
Also – what do you think of a bearish play on DBC hitting 52 week lows ?
QQQ 83 call – expiring tomorrow for 31 cents a share.
QLD 89 calls – nov monthlies for 1.62 a share.
You might be on to something with DBC. Horrible weekly chart. Volume pocket below on daily chart. Thinking of tapping this sucker short.
Thx Rider.
You have a much better track record than I on betting down.
Thx lanforce. A word of caution. Uncanny but did you just see the action in DBC? A huge ass initiative buy happened ten minutes ago. Check it out. Gives me pause.
That hapens every time I consider a trade.
🙂
But seriously – overlay the one day chart with the S & P. They are almost EXACTLY reverse mirror images, including the spike you reference.
IDRA getting waxed off this morning – any news why?
From what I know – No news. No filings. It is orchestrated. I am in IDRA like OA. And believe it or not, I feel like doubling down.
Position Sizing Math
With GMCR slightly up, XONE holding its own, CLF looking to break, it would only take an 8.23% increase in FSLR by 8 November to make my portfolio green all over.
Anyone picking up Chinese solars here or is it too early?
OA Buy: RVLT
indeud
ZNGA filled gap. Long at 3.52,
Anyone else watching SYNA for a possible setup ?
HUM finally turning around
BOO! Enjoying you blog and your picks man, have a safe Halloween !
if X can make it to 29, that will make up for WDAY, BOYD and IDRA. GOOOOO X!!!!
In all candor, that thought actually crossed my mind too.
Still in FSLR
Added FSLR early this AM
Plus I mean
BOT LVS 70P YOLOS and Monthly 105P NOC
put ENT on your radar…its a GOGO play..im in it 9.88
the $CRM YOLO has a chip, a chair, and a chance. putting it on the “cheer” side of the screen.
Dumped half my X calls at HOD – letting the rest ride
BOT FSLR 50Puts for earnings
darwin, would love to hear your reasons for anticipating bad FSLR earnings.
Stocksrider i posted a reply to you on a seperate comment as i forgot to do it on the reply. see post uner OA.
Sorry for leaving this post up all day guys. Will move forward after this free trial.
NOT neccesarily BAD. ive been playing contrarian on Bullish sentiment on these i.e. over 90% bullish sentiment (AAPL, LNKD, YELP, FB etc..sentiment 92% on FSLR. lots of PUT spreads BOT in the JAN expiration which also serves as a tell that smart money expects same. Believe FSLR has had a ginormous move and whatever earnings stock will still move lower. Of course this is only my opinion.
some big russell buy volume coming in.
AMZN at 365 is stupid and it makes me angry. I may just randomly clothesline a trick or treater for the fun of it tonight.
ENT no one with me huh…ok ,will just watch it fly…good luck guys
Not really a good entry from when you posted that trade. It had already popped.
gun to head…which would u choose to buy and hold. $FB or $YELP
I’d choose bullet.