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

Leaving Las Vegas

I’m booking gains on LVS puts here, and have picked up a new long in NE. The drillers have been moving good recently, and the location in NE as well as the cheap options are hard to pass on right here.

Long Jun 32 calls, target 34.

Looking for another stock to bet against here, any thoughts?

OA

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13 comments

  1. Green Machine

    Not a short but a long – I’m eyeing PWE for a gap fill. (long from $9)

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  2. taxmonster

    I would go long retail.

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  3. taxmonster

    I like URBN and TLYS the best here.

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  4. Freebie

    Hey Jeff when do we bail on CORT and CNDO? Using a mental stop level?

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  5. UncleBuccs

    OA, I’m still upbeat, and truly lack chops when it comes to shorting, but how do you feel about $GM as a short, here? I absolutely hate the company…

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    • Option Addict

      This is a stock I would never buy, under any circumstances. I have a few stocks like this that are short only, and GM is at the top of that list. I love F as a long though, which would make a great pair.

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  6. hesitationmarx
    hesitationmarx

    Your ideas, but I took off PBR yesterday and loaded into TTM. target above 40.

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  7. gudenaev

    3D looks like its getting ready

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  8. cworsf

    OA: Interesting you brought up NE the last few days. You still bullish after today’s action. Seems to have a problem punching back thru 31.

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