Since I clearly top ticked GRPN with my last blog post, I am in a hurry to remove it, as computer algorithms have clearly aimed scud missiles at my account, and have detected a giddy asshole blogger in their midst. Annihilation complete.
Here’s my run down of earnings hits and misses…
I opted to hold a portion of my ANGI trade into earnings. Splat.
I held my TRLA position into earnings. PUKE.
I decided to sell my investment in ZNGA. Sch-wing!
I chickened out of GLUU as well. Rrrr-iiippp!
Holding GRPN shares from $9.18, getting a little perky over a move to $12 After Hours. CRUSH!
FML
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meeee too, I thought it prudent to close my GMCR options after AMZN gave me a lick. There were others, oof. Stoopid earnings, getting in the way of trading ticker symbols.
Same thing happened to GRPN after hours during the last earnings release, recovered the next day like a boss. Hang in there.
Yeah this grpn ah is a joke. Only adding to the eventual short annihilation
There isn’t an analyst in hell who would down grade the stock here
I’m done with holding options for earnings. All of them blew up on me. Every. Single. Fucking. One. Groupon is even throwing salt on the wound due to the nature of spiking to 12.10 and thinking I had a double before crashing down. Fuck this shit.
regarding those earnings, or lack there of how do you lose 80 million on 680 million revenue, then turn around and do it again on 780 million revenue?
They don’t actually provide or make anything. They’re a middle man organizer passing shit along.
groupon is one piece of shit.
This $GRPN didn’t play out for me. Certainly not the first time, and most definitely not the last. February was a rough month. Interestingly enough, I sported both of these $GRPN faces within milliseconds after hours, today: http://thumbnails.cnbc.com/VCPS/Y2013/M08D28/3000194470/4ED3-HR-Cblock-0828.jpg
I still don’t get this sell off in GRPN. I’m reluctant to hold FSLR into earnings now.
It’s like a gay porno in a room filled with hot women. Don’t worry, it’ll be over soon.
Hahaha
I’ll be looking to buy tomorrow.
March calls purchased today:
FIO
ADT
HIMX
KNDI
Salvaged some premium out of my AAPL YOLO ( surprise downgrade)
Hedged with 181 SPY puts for March which I’ll sell once it hits 185. Gotta be careful not to repeat February’s option group! Ugly!
GAMBLING ALERT: WIN 8s expiring today bought for .02
What’s pissing me off about this “V-shaped” rally is that my account is still at the lows from two weeks ago. Whatever happens to be participating is just offset by the next bone crushing defeat. Frustration is getting unbearable, must be time to buy…
OA touched on that in the begining of the year….the rally will continue but not all stocks will participate this time.
Yeah, the worst of it is I’m getting into stocks that end up moving, but b/c I’m in options my timing has been off and am not making money. May have to rethink my strategy as OA has mentioned, the short dated calls looking for big quick moves may not be the play anymore.
I think it was the volatility at play. As we went down, VIX spiked, and the rise in IVs probably accelerated the option price downward. As stock prices jumped back, VIX dropped and IVs shrank, hindering the movement on the option.
Depends what you are in… I felt I missed a few good entries in China and solar so I looked elsewhere; MHR, SONS, RH, CRM, BBD are a few holding it all together lately.
Best day since early January
INO about to break through 5-year highs
Thinking of going back to what worked since New Years…metals and softs
I anticipate a fair amount of complaining on here today.
SLV hourly looks bullish. Just sayin
pretty quiet in here again
And down goes solar once again. Ugh…most frustrating trading year so far
KBH kind enough to allow me to salvage some premium here
Amen to that, it was the slowest to get going today. in KBH 18’s @ .61 out at .95
In LEN 39s @ .64 out at 3.05 (my first big win in a few weeks)…no need to mention my losers. I’ve got DHI in the pot now, and will take another look at housing probably next week on a down day. if solars could put in another string of consecutive up days I would be grateful.
Thanks for the heads up – I had resigned myself to writing off the position.
Feels like people won’t commit to a trade until we break to new highs. There is a nervousness this morning. Solars quickly sold off, VJET, SODA, same thing.
Maybe time to sit on cash or at least dial down the position sizes.
as much as VJET is up and down I am going to try some daytrades as they present themselves…probably just on the big dips buying in…or selling higher strike calls on the rips hoping to buy them back as it pulls back in. holding a core position but trading around it. That’s my thoughts on this one.
IDRA trending again, as it is breaking out. However, I’ve seen plenty fakeouts recently, let’s see if this one can stick.
Yep, in and out would have worked the past few weeks. I’m only in stock since the correction.
Really most confident in RSOL if solars can stay outta the penalty box today.
To me, SODA still looks good. SFUN not so much, but I might take this opportunity to roll SODA for March expys
For those still holding FSLR (expiring today). I noticed a pattern that has held most of the week in that the stock makes a move around 1pm (Eastern). Opening the day yesterday with my 57.50’s (cost basis .48) @ .11, I followed this pattern and exited around 2:15pm and got out for a small gain at 0.60. Now I realize this will take guts on expiration Friday and there’s no guarantee this will hold up today, however it might be worth a shot to avoid the dime you’ll get right now at current prices.
My .02
New entry for sentiment chart:
Wall of Vomitation
All major market indexes are rising or at record highs while individual stocks behave irrationally, stupidly, or worse.
See also – Alcoholism, Causes of
Haha. Just cracked a big bottle of Leo beer lanforce.
Joining you (right before hitting the “sell” button on GRPN) – CHEERS !
That’s too funny. I dumped it too. I didn’t want to today but see some better setups.
or find new buyer’s @ 1735 , after c wave down in spy
Bought XOMA March $10 calls on Unusual Options Action. Chart looks like an OA set up too.
RAI options seeing some unusual August action as well
in hindsight, that REGN chart looks phenomenal…starting from Oct up through Januarys action and up from there. What a monster. Easier to see with a line chart than with a bar chart.
Picked up MY Mar 2.50’s here, also trying to down tick these JASO Mar 11’s (feeling greedy).
Back in ANGI for the 3rd month in a row. Went for a small position in the Mar 17.5’s.
with CUDA on fire today, I gotta believe KEYW isn’t far behind…been keeping it on watch and am ready for it.