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

OA BUY: GOGO

Long GOGO Calls into the bell here. August 18’s.

Good day,

OA

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36 comments

  1. ff

    jeff – did you see NUGT into the bell??? blatant manipulation going on. GG, a huge component of GDX was barely down on the day and gold was down less than 1%.

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    • Option Addict

      I saw that.

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    • hattery

      lol. Why are you interested in a manipulated market? Or are you just looking for an excuse rather than price of why you are “right” (if not for the manipulation) in spite of your position being down?

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    • canalsrb

      ff- Wanted to throw this out there for you…

      The last time “Smart Money” Commercials held an over 40% short position of Open Interest in the gold futures was Feb 5, 2013… until the July 8, 2014 report….

      Look back at what happened from there… Good luck with that….

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      • ff

        Gold closes over 1315 and they will cover in droves. only $20 away.

        I feel even better about my position. NUGT will sport a huge boner after Monday’s exipiration.

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  2. Db6strings

    Jeff, with your #3 growth price discovery thesis and the news regarding TRLA, are there common stocks you would target? YELP, LNKD, GRPN? Or in China: WB, SFUN, YOKU, EJ, LEJU?
    TRLA was among the non-correlated plays you listed.
    Thanks as always.

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  3. bruce keller

    Dat AMZN :\

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  4. John

    Ah yes, the calls many lives

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  5. hesitation

    Here comes aversion for AMZN 😉

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  6. Noni Kavuri

    GOGO up ~3% in after hours

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  7. matt_bear

    There’s a cnbc article on twitter. A trader nailed Soda $30 yolo’s. $7500 and made $225,000.

    Fess up, it was someone in this group. lol

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    • Option Addict

      My man IKE nailed the SODA long two days ago…but not to that degree.

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    • hattery

      lol… Jeff have you been accused of insider trading yet? The pre earnings APOL, the YELP before open buy out, the AMZN, the KING trade, TWTR, etc…
      One of these days we are going to buy a yolo on Thursday and wake up to a buyout and make 5000%.

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  8. Steak

    Where’s that idiot who was touting his “sure thing” EXEL short last week? Only a total asshole would aggressively short biotech (unless you have inside information).

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    • Formergeek

      U think all the posters here are being honest? I only trust Jeff and the long time names i know with avatrs inrecognize. All others i assume have “agendas”.

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  9. CornHolio

    I’ll be your huckleberry, Steak. It was me and the short position at resistance with EXEL has worked 90% of the time. This time, it didn’t. In fact, one would have been wise to cover and GO LONG yesterday on the resistance break. EXEL could run much, much higher from here. Looking like a monster now!!

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  10. chiefton15

    I’m a buyer of the dollar and bonds on a pullback.
    I also really want to get in nattty gas but need to see how it retraces yesterdays move. I think it may have one more push lower but we will see.

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  11. chiefton15

    covering my short from yesterday (posted in chess’s room for some reason?)
    sell NQ +14. The market rarely gets whacked with the Nikkei so strong.

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  12. UncleBuccs

    GVZ gold volatility chart for ff. Last time it bounced around at the circled level, April 2013 happened…. http://i.imgur.com/S3Y1baZ.jpg

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  13. k_melancon

    What time is the solar tariff ruling expected? I see nothing on any news feeds about this.

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  14. bruce keller

    Sold my AMZN 322.5 yesterday because I was like “No way it’s going to drop more than 10%” Heh. :'(

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  15. ff

    the tide is a turnin’

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  16. popsoda1

    amzn calls anyone?

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  17. ff

    NUGT getting a woody for next week. See if it can hold through 11:30

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  18. popsoda1

    WCG Aug call for 60 dollars real good here.

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  19. Good Shepherd

    Sune yolo 21.5

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  20. Db6strings

    Jeff,
    Waiting patiently on TSL. What is your take? Also is GRPN worth a shot here?
    Thank you, sir

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