Distinguished colleagues of the After Hours with Option Addict society, we will be starting our meeting immediately after market close. I have my last post-op appointment this afternoon that I had forgotten about, and will have to leave a little early.
To stick with the recent theme, let’s focus strictly on set-ups today, and a few day trade ideas for tomorrows weekly option expiry.
OA
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you’re post-op now? congrats miss kohler. your days of tucking are over.
Aw, that’s low.
We used to be boys…
$LNG bitches!!!! Jeff you da fuckin man bro!!! 320%
Thanks D. Sold it too just now.
what in the world caused a random spike like that?
My buy.
I think this is a rotation into oil&gas and energy.
PXD went like that too, and many others are setting up or starting to make significant moves.
Georgia fan Danny? I’m a Clemson guy, I may have to add the paw back to the avatar to keep you in check until the showdown in August!
Yea man my whole life; Clemson got us last year. This year we aren’t in Death Valley so it’s go time…lol
We have a lot of producers to replace from last year so it will definitely be a tough out for us. I live in ATL so I have to put up with you guys year round; I had to hear about the 30-0 win from 2003 up until last year!
Let’s all enjoy once again: https://www.youtube.com/watch?v=62YqHdTBwfg
Booked 150% on June 60. Had 10 calls nice profit
How did you only book 150% did you buy the monthly’s or the weeklies? Mine was over 300% when I sold at 61.70. I had the June 1 $58.50’s I thought it woulda been a bigger win that far out of the money
danny i had june monthlies. i need to go back and double check. not sure why. the dollar profits was why i closed.
Holding Jun1 60s on LNG it was too strong into the close for me to ditch it just yet. Gotta give momentum a chance to take this baby higher.
Lol. I bot back some as well. 65s this time . Agree saw the strong close.
Boy was I wrong. Congratulations Jeff, should have known not to stray from your sage-ness.
You know what’s better than hitting a nice spike on that LNG trade? Realizing you had twice as many calls as you thought. Boom!
brought to you by “OABOT”:
Abbreviated list, more provided in AHwOA in comments.
Over $10:
xom,pbr,psa,rgr,crto
Under $10:
pwe,amd,jcp,lscc,exel,mni,achn,spns,mlp,app,rox,osbc
http://finviz.com/screener.ashx?v=212&t=XOM,PBR,PSA,RGR,CRTO,PWE,AMD,JCP,LSCC,EXEL,MNI,ACHN,SPNS,MLP,APP,ROX,OSBC&o=-marketcap
BMY commons and june 50 calls in both…kicking some serious solar butt in TA room,,,jeff in the zone
Jeff—you’ve been nailing it right and left lately—congrats.
great trading OA.
I really think we will have a hard time powering through this area. We will either go sideways or get a pullback IMO.
geez this market is frustrating. my longs suck and my shorts getting crushed today.
Liking NOV. Probably going to grab some June 82.5’s before the end of the day.
Going to try the retest on GS as well. Hopping into some JUN1 162.5’s
Sold rest of SPWR calls. It’s going lower… but setting up again. Same with FB. Stalking P.
Solar taking a beating today. Hopefully just end of week profit taking
Got into FSLR July calls on this pullback. Still working off the dips will be bought idea.
yeah i want to see 61.80 hold and i’m thinking instead of adding to june 65’s I buy some july 65’s.
Yeah, matt. It went a lot further than I wanted it too, but July calls give me a lot of time, probably too much.
Picked up a couple June 13 SPWR 35s
Great retest in SUNE
i missed your conviction buy so i just jumped in at $20. that’s the great thing about wedge breakout’s…usually some kind of backtest. Never buy the initial break out if you weren’t already in.
Forgot about the AAPL split for next week. Record Date on the 2nd, and June 9 start trading at split adjusted price.
Bot some more july SUNE
shorted AAPL. still short SPY. more rotation into growth and high beta.
now watch da fruit die muahaha
Finally sold LNG Jun1 for over 500% this AM after it quickly started fading the opening move. I like the rebound off yesterday’s close. Maybe it goes into full blown trend mode for the next week, and beyond, but the trick is not torturing myself by watching it do so and playing the “what if” game. Haha.
still riding my last little batch. good win cheers!
You guys are cut-throats, but great for you!! I sold mine yesterday. Should have sold $AMZN instead.
Oops, I looked again. Wow look at it go!
PIcked up some P June21 26 calls.
ditto
i’m really really loving the price action in FSLR.
anyone stepping into TWTR here?
I’m about as fully invested in my options account as I’ve been in months. In the past, that marked the top.
Bot some $IBM 185’s here at support looking for a reversal. Cheap June 1’s for .60
I like that IBM idea. Today, in general, has that ‘Aversion’ feel to it. We’ve been expecting this. Not a bad thing…
Damn; so that’s what that feels like to buy and see it rip immediately….lol Pulled a Jeff on that one
Good Lord Jeff we sole LNG wayyyyyyyyyyyyyyy too early. Woulda been over 800% right now
BUT JAAAF, YEEEW SED TO LET DEM WINNERZ RUUUUUUN!!!!
LMAO!!!! True story…..Damned if you do Damned if you don’t
The June 62.50s were .35 on Wednesday. They are now $4.40 with the bid/ask spread of $4.80/$5.00.
JASO retest today as well.