Inside After Hours with Option Addict we’ve been steadily accumulating China names for the last couple weeks. That theme is ringing the register today.
I’ll start to book a few of these gains in JMEI, WB, DANG, and YY today.
Aside from that I took $VIMC shares and $GPRO calls this morning. Nothing else planned until we near the close.
OA
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Awesome job OA!
Agreed time to book gains. Actually bidding for some $ASHR and $EWZ puts.
On the long side $BABA and $BITA still look good to me, moves just beginning.
Booked my YY gains about 5 bucks too early by the looks of it.. Damn talk about a monster move. Thanks boss! Still made over 200% from this one. I’m happy.
Couldn’t help myself, bought a block of $NQ.
ADXS breakout,KPTI should follow.
Gasman has some $JUNO, it looks great here too.
Great China calls man.Amazing.Love JUNO, RGLS and CLDX too.So many bios so little money but your basket approach and not concentrating has my account up 40% this year.My only major fuck up was mishandling ACAD. Too greedy.
I followed OA into YY, WB and JMEI as well. Kciking myslef for selling WB yesterday, but hard to complain on a monster day like this. 10,000 thank yous OA.
Happy to hear you caught some of this. Likewise, upset I don’t have that SFUN and WUBA that started this whole process.
Big move in $GLOG today. Keep an eye on $GASS for a similar move. Looks coiled. I like PXD weekly puts on the short side. Filled its volume pocket and hit OA’s overbought signal yesterday. Maybe pair it with a long in VNOM or KEG if you don’t already have long exposure in the oil space.
Anyone get a fill on the YY anywhere near 6.4?? I never even saw the ask that high.
Guys in the room were filling these in the 7’s and 8’s. Chances are you might be looking at or in a different option?
This was a shitty fill, fwiw.
I see b/a of 5.1/6.2 on Apr 17 57.5 calls?
Rewind that back to about 25 minutes ago. 6.60 x 6.30. Prices have been declining…but hell dude, last fill was $6. Not bad considering you got them for less than a dollar, no?
Yea but I need a 10-bagger man. Waiting for 9.9
Ok, then hold off on the sell til Friday.
LOL, don’t we all need a 10 bagger?
I pulled up an order for weeklys yesterday. Can only imagine what those did today. Haven’t looked yet.
I missed YY, but had BABA calls that were at a 75% coming I to today. Caught WB and JMEI. Only regret was selling out of QIHU yesterday after a 2 % move. D’oh!!
I owe you an apology Jeff. You’re still one hell of an options trader.
takes a real man to admit when wrong..and to use a girl’s name as his avatar to conceal his true identity
A curiously enigmatic post from Emily…
Thanks.
Great calls, Jeff. A lot of your ideas today just rocked.
Thank you, hope you caught a few.
Jeff, take on AAPL here?
I think you gotta think long here. Perfect retest to Monday’s breakout.
wow, Jeff. Big Baller call on YY. congrats.
Booked YY, JMEI and GTLS. Bought a bunch of VA.
Got some $VA too. May paper is cheap.
Unfortunately when a single bad call is made, many people will curse out OA for weeks. Very mean and unfair. Thanks for the YY to you and Fly. $1.38 – sold at $6.60
what’s your thesis behind VA? may paper is indeed cheap.
$XAL bounce, $VA not expected to bounce. I think it outperforms here.
Plus location and tech pattern is my favorite. Same pattern I used to buy up these China stocks.
Also works as a hedge to oil longs.
Added June TKMR 20’s.for .85
Well here we go AA after the close
you like Z here?
I blew out some April calls not long ago…left a shitty taste in my mouth.
ya I hear you, just couldn’t resist
Funny but for the first time in ages I’m buying stock.Must be gettin old.Long $VNRX $CLDN $LBIO $TCK $POETF. Might get poleaxed by Fly for the last one.
Great call on GPRO yet again OA.
could be a bloodbath today and tomorrow for the indices.
What makes you say that? Anything you’re watching?
charts look to be cracking on the lower time frame namely the IWM and XLF. Need to see a spike in the VXX before any real panic though. This could all change with a strong close.
u seriuos? It looks anything but. Market looks stronger than ever with every small dip being bought up.
OA thoughts on VA May35s? Wondering if theyre too far out of the money
Did you know I bought them yesterday?
Not that particular strike, no. Thanks for the reply.
With May as an expiry, it gives it time to move. But there’s no harm at all in taking a conservative approach. You simply pay up for a higher probability of success.
Hi Jeff, Thanks on IBB. What is your take on BAC . thinking June calls
June is great. I’m considering a diagonal spread in $FAS.
So today I’ve seen two articles about how earning season won’t be so bad after all. I agree with you, that others write/thing with a grain of salt and pay go by what the charts suggest. On that note I took my gift in $TZA today and will get back in when the RUT is overbought again.
OA
Do you like $X here?
Yes. Stock though.
Crude tankers still marching higher. Added to $EURN here making it a top 3 holding for me. Still long $TNP, $TNK, $DHT, $NNA and $FRO as well.
Trying an APPL yolo…26 cents for the 126 calls expiring tomorrow.
picked up some May ANF calls