I booked gains in LNKD calls and CRM calls today, initiated Dec QIHU calls, a TWTR yolo, and am waiting for a dip in Z here today.
More later,
OA
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Joined Aug 2, 2009
1,847 Blog Posts
twtr yolo as in only good for the next 2 hours??
Yes.
WOW – if this happens, you just turned my well thought out, pre-planned TWTR trade into a YOLO (well, it has 15 days to pay off as a YOLO).
OA
do you see any bullish pattern on AGCO? Have this in my watchlist, as there is lot of Insider buying recently
Looks bullish, yes
thank you. got the QIHU mail few mins ago
Thanks for the update, OA.
Do you still have YGE call ? Looks breaking trade…
Looks broken to me too – but holding anyway
Picked up some PXD 205’s @ 0.30. These closed yesterday at .80, so if you believe (as I always do) that PXD ultimately has upward momentum, might be a good chance at hitting at least a 2 bagger or more.
Into YGE at lows, at this price, as someone once put it, this is “sunroof money”. If it goes to zero, the hell with it.
Also, mark me now as a passenger on the “TWTR to 60 at Christmas” train…
I must have missed the boat lan! When I looked they were trading at .55. I appreciate your updates on the stock, if I can find a good entry, I plan on getting in.
Are you concerned about the recent inclement weather adversely affecting production?
I was on their entire earnings con-call last month. I believe in this stock – and the market, the weather, headline news don’t seem to have an impact on it. There is a lot of sentiment for this puppy.
So I guess the short answer to your question is no – the longer answer is the weather may be the reason it is trading in the basement right now. Either way, opportunity buy – look at the 5 day chart.
YGE RSI at 31; when it picks up look out
keep telling yourself that i guess
As long as it picks up before DEC calls expire
VMW….this one could be a real christmas present.
I’d get onboard this – but got burned bad last round and it feels like chasing. Maybe a dip buy if it ever does.
Of course the second I do, you realize your options will decline 50 percent, right ?
i got burned real bad the day they beat earnings. i watched a triple go to zero. worst trade management ever.
I got you beat – I sold an 88/82 put spread. At expiration stock was at 78. For 24 hours, I owned $88,000 worth of VMW with a market value of $78,000.
Ugh
Bought some PXD with IANFORCE and Qihu’s
QIHU is next on my list – soon as I figure out this CRM trade…
Good luck, Danny !
QIHU $85’s?
I don’t understand the CRM exit – I thought the plan was 56.
shit changes
OA’s got kids to feed.
haha!
OA, also was curious to the exit, you’d think at the very least wait for the gap fill to $54.50ish. am i missing something?
$54, then $57, to be exact.
When its down on Monday, I didn’t want to field the questions as to why I didn’t sell today, then buy the dip on Monday.
Har, har, har
you aren’t allowed to trade like your impatient readers 🙂 you need to be a shining example for us all.
I’m sticking with my trade plan, as I’ve been taught (admittedly I’ve put some tight stops on this). It’s flirting heavily with 54 and I’ve waited on this sucker too long to short change myself.
@lan – you should do a 30 minute yolo in $CRM. perfect spot.
DONE – bought Dec 6 $60 weeklies. Sure, it’s a bad trade – but they were CHEAP !!!
@lan – Sorry about your losses from the 30 minute trade in the $CRM $60 weeklies. Please don’t go all “Will” on me. At some point you have to take responsibility for you casino-style degenerate gambling ways.
I love you fuckin guys
what do you think about TRLA?
Added it to my watchlist next week!
I like the idea in Z. I took down LL for a housing play earlier today…hope it wasn’t simply a daily bounce on a downtrend.
took some ANGI
Just so ya know angi is a cheating skank
Jeff, TWTR is down 20 cents today and you said it would go to 60 by christmas. WTF. You always pound your chest but you have to take responsibility for your losses. Nevermind you made me 30 points in FSLR, its all about that one loss.
LOL… fake “will” accounts are sprouting up.
last I checked Jeff still has some time. Even though today is St. Nicholas day it ain’t Christmas.
(From Will 2)
Jeff,
When I bought the AAPL options and the stock was around 470, you told me it would go to $500.
It promptly dipped to 465, and because I hate the color red on my trading screen, I bailed on the trade.
Now I admit that the stock proceeded to run up to 492, but still, it’s all your fault, not only for my loss, but for my loss of potential profit.
I have removed the words “pull-back” and “consolidate” from my desk copy of the 1938 dictionary I keep on my trading table, cuz those are fictional words.
I lost money on your advice and it’s all your fault.
I love these. If you guys knew the story about “Will” you would be floored.
Z ?! Seems it’s on the wrong slope of the price/volume chart…
you were certainly right about shit being up once it’s forgotten. Here we were trying to pick the bottom on GMCR in the upper 50’s/low 60’s. I got burned, took the chart off the watch list, and now Fly is buying it in the 70’s. lol
Hehe – yes, GMCR has been popping up on alarms since the last time I traded it – silly me, I just ignored the alarms.
What an idiot. I lost money but I don’t complain. You have to accept some responsibilities. If I recommend ed that having sex is good for you and you just ##cked the first hole you find, thats your fault. This is like roulette, but with better odds, when you have OA helping you
“…first hole you find”
The joke possibillities boggle the mind.
Lol – that’s a pretty bad metaphor, but I get what you’re saying.
Market up 200. HOV flat. First target 4.80 to 4.75 with short from 5.04. Reverse of Best in Breed. HOV is a pig.
Addict,
Pass this on to Fly – This post still leads my post of the decade by a hair over a shit load of yours from the last couple of years.
Dr. FlySeptember 25, 2013 at 11:20 am
Shut up bitch.
You’re banned.
For your viewing pleasure…
http://www.youtube.com/channel/UCsx-A5uSO_gYgi5A4RXFCag?feature=watch
Damn OA….what the hell have you been up to that you’re bringing all these haters out of the woodworks recently????
I think its because of the lack of guidance more than anything. look, no one doubts OAs ability as a trader. OA has a keen ability to spot setup/trades better than probably 99% of the followers of this blog. We come here (myself included) because we admire and respect OA’s knowledge and insights and hope to be able to learn from skills while at the same time, make some money on trading.
What people get upset about is when he touts and touts a stock and then offers no follow-up opinion when it moves against. Example is YGE. He spotted a wonderful set-up which I had not noticed. Initiated the trade. The stock has pulled back approximately 20% or more since then. Now I understand everyone is responsible for their own P&L. And no one is blaming OA for losses taken on trades (at least shouldn’t be blaming him), but it think people expect him to offer an opinion or perspective when a trade he so favored moves against him. I saw people have asked what OAs exit point for YGE with no response and I’m sure that has gotten people frustrated. For me, I already did not expect any comments from OA as it seems like only winners are discussed here and losers are buried in the closet.
Its a free blog site…if you want to be paid attention to, pay some money for his services
He takes positions knowing he’s risking the premium. He’s said this before. Most times it pays or it goes to zero. If the trade breaks down and there’s still decent premium he salvages and moves on.
Anyone complaining about his guidance probably aren’t paying members. If you subscribe to his TA or his AH web seminars, you’d have more than your fill of guidance.
Looking for the exit point AFTER the stock moves down 20% is just bad trading. Every person is resonsible for his risk tolerance and knowing the exit plan before taking the trade is trading basics 101.
X2
ummm…i think i said mostly the same thing. He doesn’t owe it anyone but as the leader of this blog and giver of advice i’m just saying he has followers that look to him for advice in good or bad plays.
As mentioned in a prior post, I jumped ship of YGE earlier and took a loss in the week to avoid the bigger bloodshed of last few days, so I’m not asking for an exit.
As for those who jsut keep point to this being a “free blog”, probably the dumbest point. Since its free, people should shut the f up when people complain on the board then.
idiot piker.
members of his service (& a follower for 10+yrs) have traded YGE 4x’s since Aug for +138%, +115%, -85% & -65%, for a net gain in % & $$ terms in YGE since Aug. He has killed YGE. We are now in YGE for the 5th time & waiting to see how it works out.
Everyone needs to take responsibility for their own trades. If you just “follow,” you deserve to lose. If you actually try to learn, you will be better off in the long run. I guarantee you I am down more than anyone on the latest YGE debacle. I don’t blame OA one bit. I am the one that put the monster position on, hence it is my fault. A very expensive lesson learned, but will be a good one in the long run…
Ditto! People wanna make money off OA’s back and bitch when his picks don’t workout. If this is the case at the very least you should be a paying member.
Bchu,
I don’t buy stock. I put on options to make bets on future events. I position size to lose the premium on my trade.
My answers never change. The stock goes down? Oh well. I lose premium.
You make this out to be a big deal, when it is just a loss. My guidance does not lack in the least, since I am on a fucking microphone all hours of the day.
You can take your attitude around here and shove it up your ass. I’m over it.
matt_bear
OA makes money.
For those using Interactive Brokers platform, which cost structure are you on? Flat rate or Cost plus? I need to make the switch to IB, and am going through account setup.
kschep, let me know what you do. I was going to set up my IB account this weekend as well.
I’ve defaulted to costplus, but will wait for feedback from others on this one.
Bueller? Bueller?
I asked the same thing in a blog post way back…would like to hear some feedback as well…tired of the costs at current shop.
I bought YGE at $5.12 the other day before its move to $5.48. I was wondering what people thought was a good stop location below support. My stop was at $4.80. Felt good about it I guess because it saved some losses.
If you own the stock, it was probably wise to stop out on Friday. If you are in Dec options, they are most likely not worth much at this point. The question becomes whether you want to salvage .10 or hope for a sharp rebound in the next 10 trading days.
“Will” apparently put a lot of time and effort into that crap. Anyone who spends more than 30 seconds to devise a “sick internet burn” is just a sad, lonely, dejected groupie.
Thanks Woj. It was a stock. I guess what I was looking for was when it comes to setting stops. I set it $.20 below support to allow a little breathing room. But percentage wise it was not a tight stop. Lost over 6%. Maybe that’s the problem with small share prices. Still learning.
Daveh, I agree with Gatorsun’s comments below. If you can afford to join one of OA’s services, I would highly recommend it. It will be your quickest way to learn the ins and outs of what goes on throughout the trading day. I also agree on your comment re stops. I have never used stops and do not agree with them, but I do agree with putting them a few cents below support to avoid the fast flush out only for the stock to rebound in your face after your stop gets hit.
guys ya really should get into trading addicts service…for the full behind the curtain view,,,like watching the great OZ at work
MMYT any thoughts on this one?
If YGE doesn’t rebound by Tuesday Ill be salvaging my premium.
tip for everyone…Jeff has LNKD and BIDU under his control..if you cant /wont follow anything else,take his trades on these 2..you wont regret it
I joined the Trading Addicts website about a month ago. I lurked here on this blog for a while before I joined. I followed a few of OA’s trades and made some money. I can tell you that in less than the one month that I have been a member, I have netted more than10 times the membership fee. It would have been more if I held some of the trades longer. I am still adjusting to not cashing in when the options hit 100% in less than a week. A few examples are C options +129%, X options +120%, CRM + 80% – my losses were ANR -100% (small bet) and CSCO – 40% – Best was LNKD +1000+% (small bet unfortunately). There are still some trades on the table with DEC expirations and waiting to see how they work out.
He educates, gives insight in trading techniques and psychology. The community of subscribers are commited to helping others be successful. I highly recommend the service.
+1…don’t be surprised when those Dec options come to life…as if by magic
Gatorsun – looks like MMYT left the station 2 weeks ago – WOW
I see OA has weekly DEC2 BIDU calls but does he still have a LNKD trade on?
Closed it Friday. Will be adding again this week.
BIDU looks ready – I will get on those weeklies tomorrow – not sure where LNKD is going based on the chart – I know you are pumped about it and it’s been getting some good press. Three weeks ago went from 210 to 230 and there were some happy people. Will it drop to 215 before taking off to 250? We will see.