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

HEADING INTO THE FED

Seems like a little market rotation here going into the Fed. I picked up some shares of $TZA for a quick hedge and sold off a few small stock positions to raise cash.

I have one chart I am focused on here and it’s $BAC, as discussed last night in After Hours with Option Addict.

More later,

OA

If you enjoy the content at iBankCoin, please follow us on Twitter

37 comments

  1. bchu12

    wow. $JDST. RIP, bro.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Option Addict

      Warned you man, Gold wants to rally.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • bchu12

        i hear ya. i haven’t gotten back into JDST since end of last year. Saw some folks here asking about JDST recently.

        Made major money on JNGT all this year but exited my position in February to realize profits. Missed out on todays huge pop though.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  2. matt_bear

    GOOGL opex yolo for the win. i’m about to pop a champagne cork into someone’s face.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. frog

    GOOGL calls exploded by 400%

    good fucking thing I sold b4 the fed I wouldnt of known what to do with all that cash

    FUCK

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. thomasjefferson

    Went flying out of my $SBUX puts at the fed for a small loss, UB. Will look to re-initiate depending on market dynamics during the summer. Grabbed $CMI calls around $137, and grabbed some $SRPT shares at $14.55 (holding those on a tight leash).

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • UncleBuccs

      T. Jefferson – condolences. I hated seeing this go against you. I still am interested in looking at this a little later in the month. That PPT seasonality really is something…. I need to make use of more often. http://i.imgur.com/gcxM1TM.jpg

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  5. Wayne

    Great time to pick up bac as the mm steal the march 16 and 17 calls .choose longer dated calls for entry
    The open interest is huge for March because of stress test etc
    Load the boat!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Trent J

    Just picked up $ECR.. Look at that vol pocket on the daily – need a solid move up in oil to continue.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • gauts

      Last time I went into these oil stocks looking at the volume pocket, I came out without my left ball. I need to find better reasons to go in.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  7. chiefton15

    selling some longs here. Strange shit going on with the TLT ripping, Someone is wrong as the SPY and the TLT never trend in the same direction.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Quality Control Inferno
    Quality Control Inferno

    Lulz at today. Was full on long going into this. Would have been 150% long if options were marginable. Called this from a mile away. You can check my timestamp if you want on Dr. Fly’s blog. Monies!!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Quality Control Inferno
    Quality Control Inferno

    Bears have been de-balled, but as always, stay vigilant everyone.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. trung

    Jeff, any thoughts on BAC after the Fed mtg?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. matt_bear

    close GOOGL or let it ride?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Option Addict

      I closed.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • matt_bear

      i’m out. can’t let a 1 day gain like this slip away.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • Darren

      Last two trades in GOOGL I chickened out and bailed with nice size gains but leaving larger amounts of cash on the table.

      Going to let the trade work this time and see if it can hit my target price.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  12. gatorsun

    BABA yup …that’s the one I’m gonna play…hot and heavy

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. gatorsun

    and of course HA

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. mk

    WUBA on the move

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. t.c.

    Anyone know news on $YELP?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • matt_bear

      the simple fact that i entered this trade. Another fucking loser. it’s reign as asshole stock continues. un-fucking real. i’m like 0 for 9 now.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  16. Jersey whale

    I keep missing $FB breakouts, so aggravating

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Tom

    VSLR !! Still, I am under water on this. OA, are you looking VSLR hit new high near future ? I have time. Thanks.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. chiefton15

    As good as yesterday’s buying was this market has hit an untradable spot. So many crazy signals going off in all directions best to stay very small or on the sidelines imo.
    My top pick here are airlines, I’m long $LUV

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. hesitation

    bought April paper in Yelp for 1.90 and Google yolos for .45

    • 0
    • 0
    • 0 Deem this to be "Fake News"