So, it’s Thursday prior to next weeks OpEx. This normally marks a turning point in stocks heading into OpEx week.
I just booked big gains on WDAY and YY, and am shopping from the following list:
GSVC, FSLR, GRPN, KBH, Z, X, TSLA, SODA
I’ll let you know where I end up…
UPDATE – Long JAN XONE CALLS here
OA
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I’m pretty sure you’re going after TSLA! That thing is coiled tight. I was on the fence of whether to go after the 155’s or the 160’s. In the end I’m a dreamer got in a .82 which I’m almost certain you will beat..lol
Bought ANW here also most likely too soon but gotta buy the dips.
hey im following u!
Be sure to watch this one and bail if she breaks consolidation. Easy trade to manage because she is tied to a commodity.
yep easy to manage indeed. picked up xone per OA.
My CMG 140’s $7.5 limit was hit as HOD but didn’t fill. That really hurts!!!
dat was not cool
Ever seen American Me?
I picture you and your GOGO position….
no I havent
sold it yesterday tho on flys blog for a loss
in heavy in drys tho bro
Oddly after all those green days of blowing the top off; I’m not too upset about being down 5% today. It is what it is.
Pullbacks = higher profits tomorrow – this morning was a tease as to how you will end up next week (at least).
its a buck or nothing on these ONVO calls for me
so much for $CLF… bummer
Same here – but it’s red in a sea of green !
what’s your take on QIHU?
Yea I’d like to know too. @Lanforce and OA, some insight please?
Soon – very very soon.
Gave up a 150% gain in that on the hold your winners mentality.. definitely hurts
Me too. OA nailed the entry. I didn’t get out on the run to 27. Live and learn.
AAPL $540 overnight yolos for $1.40.
XONE looking prime for next week. I considered adding today, but took VJET down instead.
Check the XONE chart, oh wise one.
coiling between highs and lows of last 5 days. hope it continues to get tighter and then blasts off.
Dude – it’s popped !
WDAY
I’m taking anything over 7 to exit this trade – I really think today’s highs are it for this stock.
Plan accordingly.
These charts are gorgeous… right? Makes me feel warm inside to see my purchases earlier are on you chart (TSLA and KBH)
Followed you in XONE too.
I’m on board the XONE Jan 70s at $0.96
My boatload of ANGI’s are now a three bagger !!!
Very nice, im still working for the double… starting buying a wee bit high
Some of them I’m in for a nickle – so I completely understand. I got some really REALLY nice entries….
Cograts and Nice Job Lan.
Hi Granpa –
Yes – ANGI at 20 is my new car fund.
You go Buddy, you put in the work and deserve the reward.
ANGI
Here is the risk/return profile of ANGI Jan 15’s. They are calculated at my entry of .0.30 versus OA’s entry of 0.58, so you can scale them up or down pretty much linearly for your own entry.
SPOW 17
Stretch 18
583.33% 903.33%
I will do a NEW stretch goal of 20 tonight, because I think it’s 70-30 we see 20 next week.
(SPOW) = Starting Point of Win – the new term for “target”
It seems that if you have a strike of 15 and a stock price of 17 they would be worth $2 at expiration next week making your ROI 667% based on a cost basis of .30. Am I missing something?
Return % = Gain/Investment.
Gain = +1.7ish not 2…(2 – .30 = 1.7)
So 1.7/.3 = +567% or that 583% as mentioned 🙂
True true. Thanks for the correction. I should have know better than to question LAN’s calculations…
ROI based on NET gain. You are looking at the multiple of your cost. You need to subtract 1 from your total.
so $2/.3=6.667-1=5.667=566.67%
There may be added value based upon there being time left when contract is sold which probably gives it that added few percentage points.
I hope you noticed that I have shamelessly hijacked the term “SPOW” from you – with my thanks !
GRIN
lol… Fine by me.
First off – I don’t calculate sell at expiration – I pick a target date and the projected price at that time. Secondly use the formula kschep has given.
Third the target sell here was 2.05. Options trade higher if they go ITM BEFORE expiration.
do you have ThinkorSwim? The optins risk profile is a good tool that provides you with the roi and risk factors along with probability
thanks man – these details are super helpful and really appreciated.
I second that. Thx for info
excellent, target in my head was 18, but this is really good. I have a set of Feb calls from yesterday and will add on dips, if possible. Sold my forward months this morning at 15.5! made up for the QIHU, which by the way was up like 200% yesterday. but holding for the bigger payoff….
been enjoying XONE since my entry on Dec 20th…initially targeted 62 thinking it was a laggard, but this thing has kept running, hopefully it can run through next week. GL to us all.
@Hestiation – ANF comps out – up 15% a/h – excellent call – never did get in
cheese. thanks man. i just have 4 calls, but should pay well in the morning and that volume hole above is cavernous, so if it can get into it, this should have some legs.
ANGI keeping me liquid. 30 cent price. Anyone still holding FSLR Jan calls for monkey flying out of ass trick?
I still have more than a few FSLR Jan calls – they are beyond redemption, so I will root with you and Jim Carey for the monkey trick.
i got some Jan FSLR calls and would also appreciate a Bruce Almighty miracle.
throw $CLF calls, and an $AAPL yolo into that same bucket.
@Lan ANGI probably hits $16-$17 next few days then denial. After that boom buddy my $17.50 Feb calls gonna be a nice Spa and outdoor kitchen for the family! I also have $15 Jan’s at .60 entry
Let us hope for “fast” denial – my 15’s are January’s, but so are my 17.50’s – and that’s my Corvette money.
With sunroof I hope (for throwing money out of)
I wasn’t sure how fast this one would turn around so I got Feb 15s for 1.1, looks like I’ll have no problem picking a time to unload them, but it would have been nice to be in for that extra double.
I’d love to have until February on the 17.50’s, but on the dip when the options hit 0.05, the potential risk/reward was just something I couldn’t walk away from.
$500 with a potential return of $25,000 (at 20) was just something that even Vegas can’t do…
C7 or C6?
I have a torch red c6 🙂
Stingray (C7)
Powder Blue
Problems with Webinar recordings – I’ve been having rough experience with viewing AHWOA’s Vimeo recordings. First, the zoom/full-screen problem. This one I can solve via some kludge. But the real frustration come from the video getting “stuck” just about every few minutes. I use Chrome and have no problem with YouTube and other video players. Does anyone have similar experience? I’m thinking about downloading Firefox…even though i hate to clutter up my PC…
Try using the link via the gold bar, this plays the video in your computer’s media player and has no problem with lag or zoom issues. I’ve found the vimeo works good for mobile devices minus the occasional pausing that you describe.
Ditto – even when I open IN the page – it opens WMP without a hiccup.
@DaJuice @lanforce Thanks for chiming in! The gold bar never worked for me. All I get is the prompt to enter my email, and I ended up subscribing to the webinar multiple times.
I am happy to report that after installing Firefox, BOTH of my problems are GONE 🙂 My Chrome needs some tuning up to do!
so what do i buy with my ANF profits in the am beside more ANGI? Raise more cash and sell CREE if it can’t go above today’s high. SPWR and SODA are on the top of my list to buy.
LOL – There are worse problems to have.
However, if you sell CREE today, brace yourself for a myriad of “I told you so’s” next Wednesday.
it is a problem, i don’t know what to do with these gappers. since i can’t monitor it, i’ll most likely put a stop for the calls under the overnight lows
didn’t jeff say his target for cree was 67? however, new year, new habits. holding winners longer! yet… holding qihu to see it give it all back just re-emphasizes my frustration. and going back to YY, demonstrating more often than not, when I do close on the initial pop, it rockets….anyways, thank you for continually drilling the right concept into my head
One of the reasons I’ve started using “SPOW” (starting point of win) is that in prior times, we’ve treated the “target” as the holy grail (eg hit it and sell).
With so many of our picks AT their all time highs, there is no real way to “target” the target – just where the volume gaps or all time high mark is.
Think TWTR – we set the target at 58 and most of us traded out around there. It then proceeded to 60, pulled back and then soared to 70.
Chatting with Jeff yesterday (Thursday) – I mentioned this and he felt it could easily soar right through 68 next week to 70.
That said – trade to your trade plan.
My personal trade plan was SPOW of 67 with a stretch goal of 68.50 – so obviously with a week left, I will keep a pretty tight watch as it approaches the high water mark.
My .02
Ian, I think the problem we might be dealing with this year is the convo between two crowds:
1) “I told you so’s” vs
2) the “CLF, QIHU, etc. pulled back on the initial pop, so I’m gonna sell ANGI here” traders
Regardless of your position, you will never be in both crowds. Remember my mushiness on CZR early on the trade?
nothing wrong with taking profits. I like scaling out of winners when targets are reached, so if you have multiple options, you can always let a few ride. peace of mind and maybe you juice the gains!
What I’m thinking on trades like this where it’s blue sky above is going maybe 5 percent over my normal buy and leaving those ON the table after the initial goal is met – sort of a let it ride with house money kind of thing.
Love MLNX here.
What is the problem with viewing the recordings? The click here does nothing. Seriously no access to the recorded webinars. Help?
use firefox its the only thing that works for me
A bit surprised to find that CGIX is not on finviz. Wonder if they’re missing any other tickers north of 100M market cap.
ANGI cockblocked your advances. But that doesn’t mean she didn’t like you. It was too soon. She didn’t want to make it too easy and think she’ll hook up with just anyone, and she had to let you know she has others interested in her too… Part of the game. If you want more than just an overnighter, and want it to be a bit more meaningful for maybe about a month of euphoric gains, you need to let her do her thing. Don,t get too emotionally involved…. With some patience and the occasional well time persistence when needed… Sooner or later she’ll bend over backwards for you and beg for more.
But until then you have to pay attention to the details, watch for signs of losing interest. If she takes a step back, you take two back. If she takes a step forward, just wait. But if the window opens up and she looks ready to give you her all, don’t think twice about it…. Ride that train before she gets frustrated and changes her mind.
Others will be astounded at how she could ever be interested in performing for you but the answer is simple… You know how the process works and you respond to the situation as needed using the insight others may not have yet developed.
Eventually you will have to dump her… She is probably going to be too high maintenance to marry and doesn’t fit the big picture long term as anything other than a litmus as to the potential of what is out there… But until you’ve been with enough “ANGI’s” to really know what you are looking for long term, or even if you are looking for commitment at all, you still gotta play the game and enjoy it while it lasts.
U, bend over BACKWARDS ?
Sorry – not the way I roll…
(But a bright, if not sardonic metaphor).
Thanks for a fun read.
payroll numbers were weird – anemic growth, but rate drops?
People leaving the labor force – maybe staying home trading options with OA
like
Ecchy, a few are trading but most of the missing workforce are living at home till 30, others signing up for Social Programs/Welfare, Disabilities, Social Security and going to the Underground workforce. Sad and scary all the way around.
+1. I would love to be one of those folks. I made more money two days ago than what I made this week at my JOB.
You are the man. Unlike the Fly who screens each post like an air traffic controller on crack cocaine. I would love to see all of the posts that weren’t allowed yesterday after the BALT fiasco. Fly caught lying to the readership. Absolutely lying. Not cool.
You, OA, on the other hand, post your book, are transparent and are a good man worthy of a pat on the back and an expensive drink.
Keep up the good work. For now, you are the only reason I read IBC.
WSZR, I am not an Air Traffic Controller and believe you are entitled to your opinion but I must say I have been reading The Fly for over eight years, before it was IBC, and find him to be honest and posts his wins and fails without bullshit. That is why he has the following he has. This is his Baby, why wouldn’t he monitor it constantly?
+1
XIN is trying to confirm OA’s pattern from yesterday.
what’d he say about that? – I missed it on the call yesterday.
Yesterday’s drop has been seen before at the bottom of wedges in XIN and ends up being a catalyst for a huge move up.
OA said this in the webinar yesterday – i hope he don’t mind me sharing on the blog here:
The drop flushes the retailers hanging on, then the bull continues. Look at the daily chart… March 1 high down to the “flush” on June 24. Same thing from April 3 to July 23.
Thanks guys – I was watching the webinar yesterday but had a few phone calls come through and didn’t catch the piece on XIN – so that’s helpful – thanks!
GO GO green.. Should have bought more..
?
the GOGO puts that OA reversed on are actually up for me now
duh – yeah – okay – nicely done!
+1
Wow. GOGO looks GONEGONE here. Great trade guys.
yea awesome. i think it will go for Jeff’s target. he is good.
anyone else going to start some “raise cash” type puts to see?
I was wondering if you got in these puts – great job.
too late to catch KBH?
Yeah – but you still could catch XONE on the dip.
Bought it yesterday at the lows thinking OA had already bought it… Feb’s are already a double
Nice!
Anyone know why Fly sold RBCN? On a monthly, that chart looks awesome. Also look like a huge volume pocket above.
It was good for his liver.
very good
got into the $XONE 70’s on this dip – Played out as a perfect OA wedge on the 1 min charts before taking off again.
CREE – Volume pocket at 67.50. This one could fly !
70 target on Cree Ian?
70 was a stretch target – if it clears 68 I think it will run to 70. The original target on the trade was 67 IIRC
Here was the original trade:
Trade: CREE– Long Jan 65 Calls
Price: $.56
Stop: $NA
Target: $67
Trade Details: Looking for a breakout
yeah 67 would be the safe sell. I have been holding but it is breaking down a little today.
@Danny
@Autumnal
Put PXD on your watch list with an alert @ 166
Got it LAN
Got out of CZR at 1.40 from .40. Thanks OA! Ian, thanks for keeping me in it.
Told myself last night that the next big pop I would be out. Hopefully you see $25 this go around.
If not, I’ll be in Feb $25…
Congrats Rabbit !!!
Nicely Done.
Thanks for being my wingman on this first one for me. In my stock trading portfolio, I would have been out at $22 from $19, and been absolutely thrilled with it.
My goal for this room is that we cut what we leave on the table in half by the end of the year.
Bought more VJET love the chart; tighter and tighter. TSLA just broke down this morning; fled with a minimal loss
I did both of these things as well.
Where did you guys go into VJET?
Thinking about SPWR here. JAN or FEB calls here?
Up 50% on my GOGO jan 22.5s. Boom.
100% actually.
time for a sandwich and a nap
Out of WDAY @ 6.60 – think this is as good as it’s gonna get
jeff, i know its not the direction you normally generate ideas, but ive been tinkering with this trade ideas scan based on range contraction and implied vol, i got some pretty good ones last night, ICEL being one setup-gone today tho
Bot UNXL Feb 22’s $10; Any good news and it rides. Enter at your own peril a bit of a gamble due to the fact the bears have it.
@Danny – got out of WDAY @ 89.29.
Almost a top tick.
My exits are getting better !
Damn you beat me at $89 even. Very nice but I am more impressed with your GOGO puts. It broke down today. Next stop $18
GOGO is gonna make my house payment for me in February.
And March
And April
BTW – the risk return for GRPN is absoluely incredible – 570 ish percent at SPOW, 800% at stretch. And cheap too @ around 0.60.
I’ve been spying these GRPN Feb 12’s. Same ones you looking at?
Yep
HSOL getting interesting.
Next dip im buying, this looks to good to pass up!
grpn – farc missed it
it hasnt left yet. looks to be pulling back. I have an order in that should executed around the opening price
Picked up DRYS here. Tight stop below 3.50
If I were stepping into shippers space, I would pick up more than just DRYS. on options I’d be patient to fire away, but stock you might be ok. If you can stomach lighter volume and going with stock you might take a look at SBLK, PRGN. I think you have to give this some time if you’re going to go long. Best wishes.
Thanks – I have a large size in BALT and DRYS both. I will take a look at the other stocks you recommended.
I hope PXD gets to $166 200 SMA come on baby
PXD is my ANGI – it’s a love/hate thing.
In reference to OA’s question about ANGI last night: Where do you think we are on the sentiment chart? My thought was denial… Other thoughts?
I’d say aversion – and then it should climb to 15-16, then a dip which is denial, then it should run.
+1 for denial
No we are just starting to get above Aversion. Maybe still in it. Denial would be around $16-$18 I’m guessing
Took a large position in GRPN here; absolutely love it! Thank Youd Lanforce; I’d like to see a bigger stem form on the hammer though. Hell maybe close out today at the highs
lanforce – I took your advice on covering my account balance, had to use 5 band-aids though to hide all the P/L spots too.
There are literally days where I will NOT look at one part of my screen, or I scroll so it’s not visible. Good for blood pressure AND peace of mind.
That is so hillarious I do the exact same thing. Just helps me psychologically
Sadly it doesn’t work for fat chicks wearing short shorts…
Haha… maybe someone will invent cottage cheese cover-up
Since it’s sandwich and a nap time today, here’s a great article by Jeff in Investopedia. It’s called “Anatomy of Breakout Trading” – worth a read and useful as a point of comparison as you are trying to picks stocks.
Enjoy.
http://www.investopedia.com/articles/trading/08/trading-breakouts.asp
Good article… i need to work on #2 in the summary. I always buy before the breakout because it equals a larger gain but that always means higher risk of no breakout at all.
I’ve noticed Jeff doesn’t really initiate ANY trades until mid to late afternoon. The article explains why he does that (to avoid failed breakouts).
I’ve learned something today.
Qihu you POS haha.
Where is my POMO and QE? no jobs. I wonder is the drop to 6.6% unemployment has people spooked. Awful close to the 6.5 stop…
CRM looks pretty good here. ANGI could retreat to $14.
ANGI Feb 20s?
If iyou put a gun to my head and asked “give me your best pick for an option on ANGI” – I would do the 17.50’s from a risk/reward standpoint.
What if I didn’t put a gun to your head and wanted to push the envelope…
Run the numbers at 18 and see which is the more profitable trade.
Anyone mind giving an opinion on wetf jan calls on this movement this morning? YOLO potential?
Few biotechs working today… my ZIOP purchase yesterday doubled.
Eyeballing KERX and PRAN
I think a member had a question about BLOX earlier this week in AHWOA…and there you have it..volume pocket filler.
+1
ZIOP textbook OA breakout
SWKS coiling up.
No position. Just heads up for the board
LAN: just curious as on overall strategy/managing exits. On CREE you had a price target of $67, now that you’ve had hit your target and seem to be seeing at lot of resistant above $67.20. do you want to exit now that you’ve hit your target or continue for your stretch?
It keeps rejecting lows and there is a big volume pocket @ 67.50. As long as we don’t see lower highs or lower lows, there’s no reason to exit. I still believe it will hit 70 next week.
If you look at the chart right now – you’ll notice it’s forming an almost PERFECT cup and handle pattern, each time up from the last – great chart to be in.
@ Danny
@ Autumnal
@ Cheese
@ Hesitation
and anyone else who wants to play.
Healthcare sector is number 1 in the 5 day chart and number 3 in the 13 week.
Over the weekend find your top 2 picks in the sector and on Monday we can all compare notes. I’m feeling a bit top heavy on Chinese and Solar and looking to find NEW ways of making tons of money.
I saw that too… after I watched that Sector/Stock Rotation video (link: http://vimeo.com/72513067 ) i noticed healthcare and utilities were being piled into. I bought 3 already this week – CLDX, ACAD, and ZIOP. I got a nice list going already
Cool – can’t wait to see what we all come up with – maybe even a mini topic for AH
Looks like you and The Fly are on the same wavelength:
http://ibankcoin.com/flyblog/2014/01/10/the-biochem-bubble/
too bad there’s no liver screen on finviz
Will do. On it.
bot some Feb GRPN $13 calls @.36
Twinkies the post above this one is for you, too.
will do
Great lan. I am going to pull up finviz and check it out. Coincidentally I’m in healthcare lol.
I thought ECL looked interesting back on the 24th. It has since pulled back in, rejected the Dec low, and bucked the downtrend from early Dec. If the markets turn north next week, this may be one to ride, especially if it breaks 106 w/volume. I would buy on a dip to 105 if it runs higher the next few days. If instead it drops after today to retest downtrend channel from Dec, that may be a manageable trade. Looking for a run similar to July’s.
YY and YELP ridiculously good…wow.
TRLA looks like it is setting up nicely. Other socials are popping
TRLA looks to be thinly traded in the space above 37.8. could gap to 40 pretty easily
Potential Cup & Handle?
it would do wonders for my psyche if $angi rallied into the close today.
and what happens to your psyche if it dips, or (heaven forbid) crashes ?
Sorry – couldn’t resist LOL
i would probably be crushed emotionally. Then i would probably do the old “sandwich spike” to let out some anger, which will then turn into “returning confidence”
Ha ha – aversion becomes enthusiasm becomes denial – this ANGI girl certainly plays hard to get.
CLDX
@ Danny
Check out ATRC – that’s the kind of stock I want to find on Monday !
if you feel lucky, for a true daily double yolo…CHTP…interesting story under development. options activity through the roof.
Holy Shit i’ve never seen IV that high before
Great area to add or start VJET imo
Anyone taking a stab (maybe more like a prick?) at next week’s Jan $45 Calls? I know most of you prob already have the Feb $50s.
I’ve been in the Jan 45’s since Wednesday @1.16
If this isn’t a sign. Don’t know what is! My nickname back in the day was “Juice” and it was like I answered my own question!
Adding more VJET here my goodness I am loving this one
Yes!
so lanforce… i heard you were leading the afterhours session tonight since OA is out. what are the webinar details? 🙂
+1
With every downtick of GOGO my you know what gets just a little bit happier.
anybody looking at TSO right now? that thing is tighter than a nun’s knickers on sunday. thinking about those Feb 60’s here.
you weren’t kidding… look at that consolidation. beauty
agreed – looking very good – and possibly trying to make a late day move here.
just picked up Feb 65… maybe too early but very easy to manage
15 minute chart on qihu. what part of fear chart is this?
looks like the early stages of a cup and handle forming – nice rounded bottom. Mmmmm rounded bottom…
hate to say it but NUGT is some bottoms
I dont understand why you hold the CMG yolo after it reaches your target goal of 300-400% percent? A lot of us exited for 600%.
many of us missed the move. I was driving to work with your 600%. When I got to the parking lot, it was back down to flat on the day.
You must live in CA because CMG was up big until 12:00 EST yesterday.
I blew this one, holding yesterday late thinking it would run back towards the highs. Then I was out of the office in the AM and unable to execute on the pop this morning. Ended up closing out before the close at a 94% gain. I guess not bad for a one day trade…
DNDN taking off
added more FEB ANGI 15 calls here .
Very big position in ANGI . Hoping for next week move
Well I added so much in the last two days; I’m either going to be a happy boy on Monday or running for the soup line…lol
Bot the following:
More VJET!!!!!!!!
TSO
GRPN
UNXL
Give it to me straight. What is the % chance that Icahn tweets about $AAPL in the next half hour?
my $147.50s have flatlined. sunroof money is gone.
revisit in the next couple fo weeks IV low end and heading into earnings in Feb maybe a 520ish
agree, ultimately it’ll probably start it’s ascent into earnings near 517 to 527 area. have alerts up. however, imo If it gaps down on monday, buy it for the slingshot then get out. usually the first day of the week is positive…..
…Breaking news on MSNBC
Icahn selling all his shares to
Um, never mind
It was nice knowing ya ANF.
deployed cash into soda spwr and nflx. think tech is gonna explode early next week
That was a nice trade, sir. Wish I had followed you.
thanks lan. a blind squirrel finds a nut sometimes…more luck than anything but i’ll take it. but was based solely on the the OA method for location and entry so testiment to Jeff and all of you.
but i’ll have to say have never gotten two earnings style plays correct back to back before. MU and ANF 🙂
I was actually very surprised considering all the other mall based retailed issued lower guidance and there stock got killed. I was even more surprised that a vertically integrated retailer would revise guidance upward based on the promotional items at the mall.
Tillys, ARO, Urban Outfitters, PSUN, etc. I was amazed on ANF. Nice trade though
yea it was pure luck on my end to catch it with the supposed “guidance” phony phony. but, I kept it because I loved the overhead volume gap.
Reason I took the NFLX trade is for the “panic” bounce that’s it. I believe it is 10-2 day yolo time. Target is 352 then I’m out! Will let it go if it drops under the daily 100 sma that it perfectly bounced off of.
SODA I want 56-58 for my starting point.
SPWR will be shooting for the stars 🙂
QIHU 5 minute chart starting to climb the wall of worry (I’m swooning over this fear chart. seeing developing patterns all over the place now.
XONE what is the target anyone know?
VJET!!!!!!!!!!!!!!!!!!!!!!!!
FOR SALE – CHEAP
CLF 26.50 expiring in 28 minutes.
Funny – of all my trades, this was the one I had the MOST confidence in. As it sits, it’s practically the only one I didn’t/haven’t/won’t.
no kidding. it was one of my favorites too, luckily i have one more week before my CLF’s expire worthless.
You got any premium left ?
Long Jan DDD calls here
Sorry being a Cheerleader….lol But the chart is screaming at us; I’m about to pop bitches…lol
Thanks all for a great week! Don’t chase ANGI into the night now…she’s a killer when it’s dark.
Merry Christmas me…hadn’t looked at BIIB all day. Wow, makin my day along with CF….keep CF on watch in the coming weeks for a retest…otherwise enjoy the ride.
All – I’m doing my February risk/reward spreadsheet this weekend. If you have any you would like analyzed – put the ticker in this thread along with your entry and expected date for target (don’t worry about the target itself – I’ll figure that out).
I reserve the right to limit this to the first 10 tickers.
FTR, KOG 4.74/10.61
Could you do a quick synopsis of your risk/reward methodology? I’d like to try my hand at it this weekend.
I start with the entry and entry date. For the option I my Spreadsheet looks up Delta, Gamma, and Theta. Then I start two clocks – one for price, one for erosion. For the first tick up I add Delta to the selling price. For the 2nd tick up, I add Delta and Gamma to the selling price (iterate this for each point the stock moves). For each day that passes from entry I degrade the price by theta.
Since it’s all lookup and programmed, it only takes about 2 minutes per option.
TSO, VJET, UNXL
I don’t look at my watchlist for 30 minutes; come back and BAM CRM running towards $57
Thank You for that one LAN
My good picks are like the energizer bunny….
That’s actually a very nice way to end the day – thanks for the heads up.
price target on VJET?
60
thanks
lanforce, are you subbing for afterhours?
since i have ADD, i didn’t look at healthcare but I need notice some trends maybe for gold and industrial metals.
GSM has the Dang coiling pattern with blue skies above.
AGU has a nice big rounded bottom look.
MBI also setting up into a a large triangle that is very balanced. There are lot of these patterns in the past that are predictable. sometimes it coils real tight sometimes it just explodes.
@Jacked_Rabbit
RE CZR – you top ticked it – congrats !
Wow, thanks much. Hope the high was just for today hopefully. Maybe a breakdown below $23 on Monday, and I’ll get my limit order for Feb 17.50s filled.
Then it could go high of day…
i just got ZIOP’d on my CLDX!
ALIM promising
@ Danny
Need your entries on this tickers.
VJET PT is $50
BTW Rajun Cajun purchased VJET into the close. Hell all that’s left is for FLY to buy this beast
Meant $60 not $50; sorry
Those were the calls I bought
VJET: $2.75
GRPN:.66
TSO: $1.65
Next chines stock to break out is DANG for sure .
grrr. i cannot seem to catch Z or TRLA too slippery. I set alerts and either I miss em or focus is elsewhere..both keep climbing steadily. stealthy minxes.
Bamn DANG does look ready to go
This is a digital, global era, why not have the market open 7 days a week? Then add 2day options so there is always a yolo somewhere.
Then again, I suppose there is always forex and futures markets…
#signsofatradingaddict
Not from the usual stable of degenerate cocaine stocks , POT looks like it has a 10% upside through a pocket , with an easy mange. Thoughts?
Chevron will miss estimates. Has to have some residual effects, after the dust clears I’m a buyer
Chatting with Vinny in TA – he trades CVX options frequently – look at the channels and the higher lows – if this one starts to turn up soon, might be a quick hit until earnings (1/27), then a short.
ENT my constant plug for the anti gogo trade,,,thats where money is going in this play..long from 10ish
Thank you, Raymond James, for the $23 target for ANGI. Will I be holding this longer then originally thought? There is some good value at these prices.
Any thoughts on RVLT, I scalped it last week after Jeff put it on the radar, but looking to jump back in..I see it at Aversion on a three month chart. Am i reading it right?
Doing some Chart surfing in Biotech and came across ARIA. I will be buying calls in this one Monday if it doesn’t fly like an Eagle before. Liking the setup also appears to be headed for a volume pocket at $7.50
This has been on my radar, I was hoping to get it lower but i think you could be right on it taking off with out us
Did anyone else notice that AH chat seems to be working now with Internet Explorer ?