I booked the win in IFON this morning at $3.63. Too good not to pass up. Thanks, Fly.
I also initiated my largest running option position (4%) in FSLR. October 80 calls. This stock is one of my last few 2014 predictions I am waiting to check off my list.
Also, my FEYE calls (second largest option position) are exploding here and that X move has me out of breath already. You could say its a good day.
What is on your radar this morning for post-Fed festivities?
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you like DDD here OA?
Thanks!
I like VJET better
what is your new plan for X?
A voice came to me last night. It said…Lose the Pipe Dream. Book the Trade…
Funny, I heard that voice about two weeks ago with regard to X. Unfortunately I listened…
Is TA chat working?? It’s just giving me a blank white page.
Yes, hit refresh.
Not an options play, but long OAS. Stock is priced way too cheaply in a growing industry.
FEYE, well played Mauer
Probably not enough volatility for you but I like BCS.
I like these long term. Would love to walk through a few of these on the PnF charts.
OA, Can you please explain what a running option position is? Thank you!
An open option trade.
Thanks you. Does your position go over 4% ever, Or 4% is the max?
I’ve never had an option position over 5%. I trade aggressive months/strikes… So this is pretty rare.
what about for a stock position? is that limited to 5% too?
No.
OA, So what is your largest position?
FSLR.
Jeff, thoughts on old friend QIHU?
Nada. These stocks are starting to worry me.
Are you still in AWAY DANG GOOGL SFUN YGE ZU Sep. calls?
At what point does one say these aren’t working, and sell to salvage what premium is left?
Yes.
Picked up Oct XNETs this AM
OA- ru looking at FSLR as a breakout play (over 75) more vs a projected consolidation (wedge pattern) breakout move. This bad boy can run upto 100 if it breaks this resistance at 75. However, my firm just issued a sector perform rating for this based on project delays. Just my 2 cents
I took my biggest position ever in this stock last year at $40. Aiming for $100. I’ve played calls along the way. This is just another trade, only a little bigger.
yea its on my radar too. only problem is that the fundies for FLSR mess with me and scare me out of it. Funny how csiq is at multi month high. Maybe fslr plays catch up
Biotechs seem to be flagging this morning, must have remembered Yellen’s July testimony
Jeff, thinking about rolling Sept ZU 37 calls – any advice appreciated
Ask me again at the close.
I think $ZU may pull an aversion move to 35 before heading into next week before heading higher.
Does anyone else like JCP here?
my pair trade of shld calls/ jcp puts is a complete bust. lol
I think it was a good trade considering the potential reward.
Ya, been playin JCP for a while. Plan on rollin again.
I may go there to buy some slim fit wrinkle-free khakis for a 2-week trip to Japan. I like the low prices.
Well, time to go do something until 1:30…
WB long? I see lows since 9/8 holding.
I think we already nailed the move last week.
Hey OA just saw a pop in an old pick of yours — SPF. Looks interesting longer term.
I own this in the IRA. Nice to see it working.
$DSKY Oct 20 bid was 0.15 and ask almost 3. So I enter a bid for .8 and refresh to see 800+ bids at that price… bot or complex order trigger?
Long some stock here in retirement account
OA Sir,
Any thoughts on TSL .. nov calls for 18 .. is it good idea ?
I bought FSLR.
I was choosing between ZU/YELP and went all in ZU over YELP. Bad call?
Depends on you – getting used to making trades means you need to look at the potential trades and determine what fits your style, risk tolerance, etc. Figure out why you made the decision you made, track both positions (make a paper trade in YELP) and learn from the results
Thanks for the reply. I got in because I think ZU is going higher.
Google showing good strength – BIIB, not so much
Cannot WAIT to see what the hot new pick from wwww.kellersfellers.com was yesterday, today.
Ooops… one too many w’s on the link to the website. That just cost Mr. Keller a potential subscriber. He might fire you as his Marketing Director.
HAHAHAHAHAHAHAHAHHA
auxl,nete,nyny,vltc,yrcw
$SHLD at 2012 lows.
i just have this feeling my account is going to explode to the upside or get its teeth kicked in at 2:15pm.
both!
I have followed the “Good Will Hunting” of trading (OA) into $FSLR.
wht is ur stop loss on that?
You use stop losses on options? Just take small postions.
Sold my LEN options for nice gain.
How many of y’all are banking on a yelp rally?
the failed run up this morning was a little disappointing, but it’s still consolidating quite nicely. i feel like we should know if its right or wrong by the end of today.
ru holding options are equity? I bot stock just to play it safe.
I bought stock and so did OA.
Sorry I thought you were referring to FSLR. I also bought stock for yelp.
by the end of the day? don’t you think that’s a little short sighted?
i have options.
if it takes out yesterday’s low i’m out. but that’s just my plan. feel free to have your own.
Just buy the stock. It’s going to $100
TWTR just looks like it wants, HAS to go to $55.
Bot lottery tix in TIVO (14s @ .05)
OA
Do you like PCLN here?
I don’t. I’m in love with Google.
I am cheating on GOOGL with PCLN , two timing. 🙂
Out $BAC @$0.84, bought those back on Aug 12 for .14/ea
Thanks Jeff.
Is it weird that I want to liquidate everything here just to lock in the big day? Wow.
That’s a great win, only. Nice work.
Thanks, but I didn’t do anything. Just took Jeff’s advice.
Awesome ass avatar.
Thanks. It’s a two-fer:
http://espn.go.com/ncf/feature/video/_/page/traditions/num/14
AMZN looks real nice here.