I managed to close out February in great form, knocking out wins in stocks like QIHU, PLUG, CNTF, KNDI, MOBI, NVLX, KUTV, WBAI, etc. This helped me get past the large number of options positions that expired worthless on me. A personal record of sorts, since my last high total was 7 positions that had imploded on me. I position size for this, obviously, and despite the constant discussions about how critical position sizing is in options, I think at times it falls on deaf ears.
I am back in a zone again, but this time it feels a little different. Like the market has knocked the wind out of a lot of people. As usual, right when things feel at their worst, this is usually the most significant point of opportunity.
Thus far on the day…
My biotech names are absolutely crushing it: PPHM, OXBT, ROSG, CORT…
My stock positions are insane…DANG (+95%), MY (+45%), GOGO, RENN, CIMT…all ripping.
My options are looking great, booked SOHU…holding BAC, AAPL, GME, MPEL, RKUS, NOV, YOKU, etc.
My top picks: SINA, SODA, LNKD
And most importantly, I am back to account equity highs for the year, in short order. As you know, that’s how it works.
Good job guys.
OA
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Mea Culpa
just got out happily from RKUS. was using margin money and needed to settle.
so i took my +50% smiling. Thank you again
Should have went with a recent picture of Mr Jeremy.
I know…couldn’t find a good one.
I don’t think there are any good ones *cringe*
*Busted for looking*
Haha, I was thinking that the NSA might have some new insight into your uh… online preferences.
Closed out DANG March 11’s today for an obscene gain. That was fun.
Nice… What percent did you get?
1800%. Makes up for the ass whooping I took in Feb.
WOW!
I’m so bummed I let the Feb 11’s expire worthless and didn’t roll into March…I too would be back at all time account highs if I had done that.
YGE bloops keep getting sold into.
It needs to pinch-explode. 🙂
totally. pinch… explode…flush
Can I hear you giggling? 🙂
I probably did giggle a little.
Still long, still not loving it.
bot XOM mar-95
bot SWY apr40
bot YGE apr7
sold GOGO mar22
sold BAC mar16 (still have June17’s)
sold 1/3 my RKUS calls
tough watching my lowly marijuana stocks languish as VAPE and MNTR blow the roof off the place. absolutely crazy action in those things.
i’ll just twiddle my thumbs until its my turn.
I feel the same way… When does MJNA get going?
well, I think there are valid points about some of them being very suspect…even some of the tickers I listed earlier today…now that I’ve actually read up on some of them. They’ve had some gains, but with some of them changing their names and just filing for patents, etc…its fishy stuff. You’re probably in the legit stuff that will just take time.
I agree, this was the only I could trust and it is already making a profit. Most of the other names I came across don’t even have financials.
f*cking beast … great job OA
OA if you had fewer positions and didn’t let so much stuff expire at 0. Working guys like me possibly could follow you. IN the GOGO calls and HD calls made for a nice Feb.
I normally don’t let stuff expire at zero, that was my point. 3-4 on average per month out of 25 trades.
Portfolio up 40% last two days! Ahhhh I missed these days
+1
Welcome back!
One of my few complaints today: KBH was unfairly sold off on the back of Hovnanian. This looks like a huge bear trap. Adding Aprils tomorrow.
I had a large core position BZH that I sold out of yesterday. Along with KBH, it looked like they got to the top of the consolidation range but had no breakout juice so I bailed. I think you’re right though and April will be their time.
Jeff are you still in lulu?
DANG CFO resigns; stock down 5% premarket
$PXLW – Discussed in AH 2 days ago.
Bot $IPCI at the open.
$ONVO gittttt that pop!
Gonna try to join AH today! Been swamped at work- see ya’ll later!!
Apparently earnings aren’t the only landmines with $P Didn’t know they were going to release Audience metrics this AM and tank… poof goes the profits
Hows this for a 3 day trade? <3 you CUDA! http://vvcap.net/db/FxwdEsOUOhUzW9ZQtIUL.htp
closing some KEYW march calls this morning…and I’m in CBDS, but I admit it doesn’t really look legit.
Got me some AKS and CX March calls t the open
adding to ISRG here…feel like I must add to position below $448
anybody getting into $Z this fine morn?
Just gonna ask that, I’m ready to pull the trigger … Just waiting for a good spot
I got into the April 90’s at 3.50
just got in at $3.30
+1, the enthusiasm here is pulling me in. hope this pans out for us.
i don’t like paying for such expensive options… but i couldn’t resist the setup. I’ll probably keep a pretty tight leash on this one.
OA
Thoughts on the KBH trade please. When can we assume it is broken. Of course am happy for the other trades 🙂
Under $19
this actually looked like a sweet entry on KBH, I started a half position. would do 2nd half approaching the 50 dma at 18.61
i thought i would be a baller and take the quick 60% scalp in MNTR a few days ago and re-enter. I missed my chance and boy is she gone now.
Lemme tell ya, the legend of OA continues – BAC up 8% in three days!
Looks like I picked the wrong ticker that begins with an S and ends with an A – happy with SODA though! Thanks a bunch!
crap,
i had a sell stop on my SINA calls for a hypothetical 200% gain. It just got sold. LOL . I love those forgotten trades
It’s so hard to hold a position sitting at +700-1000%… But they just want to keep going up, and there’s over 2 weeks of premium left.
Good problems
Got some KBH April 20s.
Wow, pinch-explosions and bloops all over the place!
I got into the BSPM and SINA rocket ships yesterday. Sweet.
Thank you SINA, back at account highs.
Solar healthy today. SPWR throwing the late-comers a bone right here.
Booked 150% gain in TSL calls for four days work. Thanks OA! May be early but I’m still trying to recover from a rookie Feb…
Why did I sell SFUN yesterday? (punching self in face)
Hold your winners!
YGE… lift off.
Feel like I’m being accused of putting a cheat code in while playing the stock market! Only thing is I am cheating by using the great and powerful Jeff Kohler aka OA!
Portfolio at all time highs!
Yea I think that’s testimonial material