Oddly enough, I have no take on today’s event. Done some research, listened to the hype, and still have no take on $BABA today.
However, on my 2014 outlook this year I highlighted Vivint Solar, which is scheduled to IPO on October 1st around $14-$16 per share. I had raised a ton of cash for a private offering that fell through earlier this summer, but still plan to invest in this stock when it debuts.
I am uber-bullish on this company’s growth, and their existing infrastructure through home security sales. They are worth looking into, especially if you’ve followed the growth in Solar City.
http://www.reuters.com/article/2014/09/18/vivintsolar-ipo-idUSL3N0RJ3UX20140918
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Jeff, in your opinion what sets them apart from the competition.
How quickly they are growing.
Vivint Solar is an amazing company and I’m right there with you in buying their IPO. They are flipping Mormon door-knocking sales force and super fast and cheap installs. Major threat to the big installers
Exactly. Kids with two years door knocking experience with great people and sales skills. Their growth rate in Solar Sales is unbelievable.
Is it a govt. subsidy or tax credit play? locking in deals with util. companies? I know SCTY has been running into issues with govt. tax credits running out.
Growth play.
My sept 20 GOOGL calls are GREEN!!!!!1 yeaaaaaaaaaaaaaaaaaaaaaaa budddddyyyyyyyyyyyyyy.
Thinking we hit 605.5 today
yea but not gonna bank coin on it. At least not taking a loss on it.
smart move – put in an order to sell half to cover principle but wasn’t filled, now likely worthless!
Or not. Got out slightly positive but left a lot on the table into the close.
3-d stocks look vomitorious today
Depressing – I followed the GOOGL calls with some 580s on Monday at 4.50, put a stop in at 3.50 – I think it hit 3.50 and was the low of the week – now they are nearing 23.00 – sigh….
that’s why you’re Tito and not Michael.
classic
OA – since nobody asked yet, what month & strike are you buying w/ $VSLR?? (j/k)
Can I be the first one to ask when $VSLR looks broken?
Hell yes.
Are you still holding? Can we average down ?
In VSLR?
OA
Yes. I was adding to the usual questions 🙂
Lol! Trent…
http://www.solarwakeup.com/2014/08/04/all-the-numbers-of-the-vivint-ipo-you-need-to-know/
Thank you for that link.
$GME calls attempt here.
My order filled this am for GME
Come on CELG!
love the look of this DATA right here
SOLARS ARE WEAK TODAY B/C SUN DAWGS ARE RAISING CASH FOR VSLR
In seriousness, this is an intriguing idea. Are you suggesting buying shares the day it opens? Any idea if there will be options?
Symbol not found on CBOE…
AMZN bouncing right where it should. Looking to get in to ride it to ~$345.
Hi Jeff, does your overall option strategy involve selling options? If so, do you usually wait until volatility is much higher (and thus, premiums are more expensive)? Thanks for all the help as usual.
Selling my long options? Or option selling as a stragtegy?
My bad, should’ve been more clear. Option selling as a strategy. Thanks for the response.
Yeah, need premiums to be a seller.
VIX over 20 is my starting point.
Gotcha, appreciate the response. I’ll be joining the VSLR party as well.
FEYE looks like it wants to bounce from here (at least that is what I am hoping it wants to do…)
TOTW initiated here at $.82
+1
OApardon my stupidity I cannot find that ticker symbol
Trade of The Week
Gotcha thanks only been a subscriber a month learning a lot I saw it bounced right off of support that was talked about last night
TOTW=trade of the week
Mentioned in AHwOA
AHwOA=After Hours with Option addict
Can someone post in the chat room our TOTW? I haven’t found time to go over the recording. TIA!
JMEI setting up nicely
rolling ZU out?
$X only up .15??? It’s probably broken.
Damn FEYE gave out quick
So is the market on hold until BABA starts trading?
Marlin, that’s the Trade of the Week
I wasn’t expecting this kind of market dump – geez!
I guess that’s what happens when the traders flush with BABA cash go to lunch….
Time to add FSLR here OA?
Time to crack a coke and a smile.
Seems like YHOO should get a bump from this valuation of BABA.
So Russell wants to go to 1130?
You taking that bet???
Wouldn’t short it but utilities stocks up growth stocks down. This could be a mini Monday though idk
DDD tempting here OA, or lay off for now?
Thnx!
Having been asked about this stock in every blog post for the last two weeks, I am tempted to short the living shit out of it.
sorry OA
No, I’m sorry, joking gone bad. No ill intent.
ironically, $SCTY gotten smoked this week
Running from VSLR…
OA – I used SCTY to install solar panels on my roof (with YGE panels, FWIW) – should I have them ripped off my house and burned and then installed again by VSLR?
Better scenario: burn down your whole house. Invest in VSLR. Make an appointment to install new Vivint system on the new house you build with VSLR profits.
Thanks OA – I have work to do Should I use matches? If so, what is the strike?
How much rope do we give $vjet? Wait until Monday for a hard bounce, or call it now?
Have you had any other trades that behaved in a similar way lately?
Right. That’s why I’m thinking of giving it a day. Or taking the opportunity to trade out for 17s.
Jeff, I’m looking at ILMN or AKAM into this weakness. Do you see a preference between the two?
No, pretty similar.
Any play in BX prior to the IPO?
Wait, buy Blackstone over Vivint?
Any idea if there will be options on VSLR?
I’m going to go out on a limb here and make a crazy prediction…
Yes.
buy NQ_F 4082
Bought TNA 71.20
Right there with you, looks like the Russell found some Discouragement finally!!!
Oct 75’s @ 1.90
what was the TOTW – I looked in AH and usually it is in the headers of the videos but not this time.
I posted it in the AH chat. At least what I remember it being. Somebody else can correct me if I’m wrong.
Lol
out -4 that was quick!
Sellers look like they are taking advantage today – and it being OPEX probably making a killing
there’s a bounce coming…I may have been shaken out.
Would make sense – lull people in on a surging market, sell off through lunch, melt up to close the day – that would surely screw over quite a few people. Beginning to see OA’s view on what hurts the most in the market.
When that starts to click, you stay a full step ahead.
testing.
1,2,3
OA- Talking about YELP speed vs RUT. Looks like YELP is holding well (aka: not too many sellers). Considering adding more here based on the healthy action. What are your thoughts?
POST COMING…
Just sold my AZN Sep 330s on this quick squeeze – may be pre-mature, but more than happy to bank the 120% gain.
Still liking a continued move in AMZN? It looks like it can get above $340.
I like the move, but not for today – could jump up to 335 today or stay 328-330 – will be looking to get back in next week.
Did you see it today? Wow
I always daytrade with hard stops,it hurt me that time but has saved me many other times.
Managing risk versus losing your shirt. It is more about the body of work than the result of one trade.
GLUU holding up much better than expected – makes me happy going forward.