This spot is as easy as it gets in terms of trade management.
I currently have a big position of YGE shares from $4.40, and added April 7 calls here.
Manage this trade with exits down at $5.75. Above $6.30, this thing goes to $10.
OA
If you enjoy the content at iBankCoin, please follow us on Twitter
Solar had the farrier equip calked shoes on the chargers. Time to run roughshod over some bitchez.
what’s the sitch with YGE earnings
it got moved back to the 18th i think
missed the yolo on LNKD. I was tracking it, got up from my desk for 10 mins…and it’s gone. wow.
for all the waiting, RGSE was worth it. and SINA was what…2 day wait? hope somebody else also caught keyw last few weeks, great play.
My head is swimming with all this green. It feels like we like we have a T3 setup straight into the future.
My hands are cramping doing all these butterfly wings across my trades.
haha, cramped hands
Yeah, tons of green in the port this morning! Awesome.
Sure enjoying SINA, RGSE, MY, YGE, RVLT, BSPM (sold for the overnight win).
That $SINA money!!! $ONVO setting up and $GILD bear trappin’!!! Rip to $85!! Rage on OA, tyty!
Yup, nice call on SINA.
Anyone selling HSOL into strength here?
earnings 3/14, but this is only 1% of my account, so I may just let it ride.
I’m holding, it might break through that 3.40 level before earnings
Hoping to get in at .45… maybe even .40. I don’t want to pay .50 but I will if I have to
SINA basing, hopefully preparing for another launch.
This is crazy!!! I’ve never made so much money in such a short period of time! Cheers Jeff feel like the Red Sox from “Worst to First”
the proper response to that kind of money making to look at your screen, say “fuck yeah”, and interlock your thumbs to make a flapping bird motion.
Pissing on the seat and wiping with your boot only is also acceptable, but not recommended if you have a wife or serious gf.
Days like this you do the piss-on-the-seat-boot-wipe move right in front of the wife, then show her the account balance and tell her to go shopping.
“Dude, your references are out of control, everyone knows that.”
Nice job OA. For all the stress and what have you that people throw your way, you still are willing to share your knowledge and get people in front of great trades. You don’t over-promise or try to sell anything and are pretty good about setting expectations. The results speak for themselves…and while we know there won’t always be weeks like this…they sure are fun when they happen.
Well said.
Bingo yoshii! As a swing trader, I’d bank 3-8% weeks often throughout the years. That was child’s play compared to this! Thanks for sharing your knowledge and getting us in front of movers – and teaching us how to do it for ourselves in After Hours!
jeff , how far you think tsl will go ,
have march 18 call”s in the green !
I think someone likes solar…This is unreal.
Wow, coincidentally did the very same thing at 10:27 am (ha ha): beefed up my position with Apr 7s for $0.40/ea.
Hot damn OA thanks!
I find myself saying “this chart looks compelling” every time I see a good setup now.
наконечник шляпы, Jeff.
Dayum – I get buried at work and y’all are on a cocaine and hookers binge
Righteous
I’m reaching a point where I dread my actual job. It’s not a terrible job, but it’s a pittance compared to what I could potentially make trading full-time. Plus, it inevitably causes missed opportunities. I just don’t have enough capital to quit yet. One day though.
Great call OA, I’ve been with you on this one for over a year. It’s done you well if you can handle volatility (no pussies), great call on this recent move. Was all coiled up, I was a month late on buying calls.
HaleYOLOujia!
BAC $16.50s for 765% and I still have $17s on this week and $16.50s next week. Because of the IV being so cheap I took multiple positions.
Meanwhile BIDU $172.50 yolo has a head of steam near highs!
is this YGE really up 16% on no news?
AWESOME!
Jeff says it’s going to $10… so I’m gonna ride it up to $9.80 and back down to $6… ANGI style… Seriously though I have a day job and miss a lot of the setups… but this is one of the ones I got into weeks ago… go MAR 7s
YGE… 😐 whoa
I’m moving out of the Marches and into the Aprils. Selling March on a pop, buy April on dips.
The funny thing about explosive moves like this is they come when you least expect them, just as Voltron gets crushed and covers its short position.
WTH just happened to YGE, lol. I took a phone call and made hundreds!
I’m gonna need to cash out some holdings here to pay for physical therapy here.
Where would I mark “butterfly wings” on the form I have to fill out?
Nice pic!
WOW.
Holy shit
the best trade so far in 2014 , tsl and yge sold march call’s , looking to buy back april c after a pullback ,
thank you jeff
Anyone else thinking how much more effective they could be on days like today if they didn’t have to be at the 9-5 job?
Indeud
Shouldn’t make a big difference except for YOLOs. The strategy here is to put trades on before the big move, not the day of.
Yessir. Every damn day, really.
As you probably imagined, I’m Fred Sanford-ing over here… https://www.youtube.com/watch?v=Ss0PPXt_5GA
Did Lanforce retire from the blog? Miss that guy.
btwn the YGE and the chinese internet, huge day for me – nice push there OA, lol, its almost like you saw the ‘buy 5 mil YGE not held” order ticket hit the GS prop desk
what the fuck happened to housing stocks
I can’t tell If this is start of a major leg up or the Early stages before a correction. That Russia invasion and reversal felt like one of those major shifts that occur near bottoms where you get that 200-1000 point move in dow. Except it was just a continuation off lows, everything is moving big and “trash” like Ffhl,dpw,pxlw and cpsl are ripping heads off. So it is either early stages in putting in a high/top before pullback/correction/bear… Or the type of move that signals a sudden shift in sentiment towards this sort of Aggressive buying prior to a major major long term breakout. I suppose it could be a bit of both as we may get one more correlated shakeout before we move into “public awareness” phase.
hattery is one of our best
Very thoughtful, but not sure how actionable it is to know that we’re either putting in a top or heading for a meltup … sounds a lot like an Elliott guy with alternate counts.
Not that all thoughts need to be actionable, per se. It’s never easy.
thanks autumnal, appreciate it.
I was just talking about that on my mid day recording. I referenced this as a new chapter starting.
With solar issues ripping, $SCTY is teasing. Nice $SINA and $YGE today. Else where, $HOV is the bad apple in my basket.
$PHOT trying to get to .420 again…
obvi
oh hell yeah. i just walked into the break room and chopped all the water bottles after seeing YGE.
…did they happen to be all the water bottles that your co-workers were saving up in case of an Armageddon-style situation?
Glad I’m still long … must admit I had my doubts about $YGE. Wrong!
kinda funny but true story… i was laying in bed next to the wife last night, and for no reason at all i found myself making the butterfly hand motion over the top of my pillow.
my wife says, “what the hell are you doing?”
i replied, “just hoping for a good day in the markets tomorrow”
then i realized… shes never seen that movie clip before, she’s never been to the IBC website to know that we’ve been referencing it, and she barely knows what kind’ve investing i’ve been doing over the past year. So really i probably just look like an idiot right now.
so then i just muttered “nevermind, just go to sleep”
break her in with some Eastbound and Down.
yeah… shes seen some of that series, but she doesn’t think its as hilarious as i do.
btw… did you ever end up watching “Pineapple Express”?
I think we would all appreciate it if you would do the butterfly again tonight. Or every night if it continues with days like today.
OA, what do you think of the action in PLUG after new share offering announcement?
Added to YGE. I think RVLT is next to go.
Meanwhile, MNTR is up double digits yet again. Christ.
i wish there was an option play for RVLT. $5 are too far out. I’d love some april 4’s.
I was thinking of picking up the Sept 5’s and just treating it like a stock
My target is $5. I think we get there sooner than September.
$IGT April 17 calls working beautifully.
I took some of these, tips hat.