iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

AHWOA TOTW FTW

Last night in After Hours with Option Addict we reviewed a possible “TOTW” long in Sodastream $SODA. Once a week, we take a handful of set-ups, vote on a candidate as a group, then create a trade plan around the idea from entry to instrument, including exits at a gain and loss. SODA was the favorite over TMUS, BBY and ROIAK.

We decided to wait for an entry as the stock traded below $41. I’ve taken a position in April 45 calls. As a group we decided on a target of $50, and a contingent stop on a close below $39.50.

We’ll review this after the close.

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19 comments

  1. halloweenpleb

    TMUS was a beast today. followed in SODA

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  2. formergeek

    Game 1 an upset out of the gate! Ohio St goes down

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  3. bchu12

    Dayton baby!!!!

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  4. eddiedaroza

    I need my AH subscription. bad.

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    • halloweenpleb

      Eddie, you don’t know what you’re missing. they’re enlightenment injections packaged in an hour session. go do it now!

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    • BoilMeImIrish

      Eddie–this is going to sound like a commercial, but you should know I’ve been in your shoes.

      I started trading last August, and after pissing away almost half of my (small) account, I joined AHWOA using the only extra money I had lying around (still paying off student loans). Like hallowenpleb said, you don’t know what you’re missing. I’ve convinced several friends to join, and can’t speak highly enough of the service OA provides, not to mention the community of traders herein. It’s an environment of humility, learning, and making $$$.

      Looking forward to seeing you in the room.

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  5. managerlou

    Bot MRNA
    Eyeing MJNA

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    • halloweenpleb

      MRNA looks like in an ascending triangle. if i was paying attention to OA courses. right?

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      • managerlou

        Hmm could be, I’m playing it as a regular ol’ balanced triangle though.

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      • managerlou

        Either way though my plan is to stop on close below 1.41’ish which would be a new local low. Then on the top side PT1~1.71 PT2=b/o to new highs.

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  6. cheesetrader

    TWTR – broke the Feb spike low – good buying opp as a fade of capitulation?

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  7. matt_bear

    how about a tip of the cap to coach Bruce Pearl. 38 violations in the first 24 hours. impressive.

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    • matt_bear

      envelopes of cash, best buy shopping spree, steak dinners, and strip club. that’s the ncaa basketball equiv to our favorite video clip.

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  8. bchu12

    Back to flat on the year while market at highs. Very frustrating. China and solar have been very volatile

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    • managerlou

      Man, that does suck bchu. You’ll get the mojo back though. Been pretty volatile YTD.

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  9. managerlou

    ARAY and CACQ looking pretty good, getting quiet.
    CPSL too, but the miser in me wants it a little lower

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