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Options Trading with Option Addict

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

BROKEN WING

Option Addict Wed Jul 15, 2015 3:06pm EST 17 Comments

With restaurant stocks in a full blown fucking crisis today, I am being forced out of my utmost favorite idea in this tape today.

Sold my shares at $29.05, and the calls at $.70.

OA

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17 comments

  1. Grimace
    Grimace
    July 15, 2015 at 3:08 pm

    I feel your pain.

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  2. shanefin
    shanefin
    July 15, 2015 at 3:29 pm

    PTCT wedge break is textbook AHWOA. Amazed how this pattern has been working so predictably.

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  3. matt_bear
    matt_bear
    July 15, 2015 at 3:29 pm

    http://youtu.be/nKhN1t_7PEY

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  4. matt_bear
    matt_bear
    July 15, 2015 at 3:36 pm

    if a 55% profit trade ruins your day, i’m going about life incorrectly.

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  5. Jim
    Jim
    July 15, 2015 at 3:48 pm

    RIG looks close to finding support

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  6. Steve
    Steve
    July 15, 2015 at 5:27 pm

    Really liking TZOO right here

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  7. MSGT HARTMAN
    MSGT HARTMAN
    July 15, 2015 at 7:02 pm

    Timed the market perfectly for the second time since October. Patience is the key.

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  8. gatorsun
    gatorsun
    July 15, 2015 at 10:08 pm

    lol,,,one or two or three in every crowd..would be nice to be perfect

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  9. JZ
    JZ
    July 16, 2015 at 11:08 am

    Still on the bright side. The IPO script 3-12 months after IPO is the money trade. I just like to screen for IPOs constantly. Get huge moves. Either you get a huge run up from the start or really negative sentiment and epic snap back/reversals.

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  10. BoilMeImIrish
    BoilMeImIrish
    July 16, 2015 at 11:44 am

    BAC at an actionable point today, eh? Might be a decent spot to enter short with a tight leash in case of long-term breakout.

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