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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

BLESSED ARE WE TO HAVE LOWER PRICES THIS WEEK

Option Addict Tue Nov 24, 2015 10:57am EST 6 Comments

I’ve been sitting here waiting for this move lower to get deep enough, and to start rotating through my next set of positions.

Seems like the FANG composite was hit the hardest here this morning. As a result, I bought some $GOOGL and $LNKD.

I’m looking to book gains in $TNA and $JD, and that’s about all I care to do here this morning.

What’s on your radar?

OA

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6 comments

  1. nocturne
    nocturne
    November 24, 2015 at 11:06 am

    I have hedged my my TNA. Lame ass bounce in oil so far. Note: 9 – 12% percent squeeze via UWTI doesn’t get me outta bed …

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  2. kidstockibc
    kidstockibc
    November 24, 2015 at 11:11 am

    MSFT

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  3. Aggiealum
    Aggiealum
    November 24, 2015 at 11:13 am

    Been stalking UA. Missed out on it when it touched the bottom trend line around $85. Maybe picking up a little here at the upper trend line, more if it BO or if it finds support again on lower trend line. Wished the MACD was more divergent though. Love your piece about the shoes, moreso about how proud you are of your son!

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  4. Hawaiifive0
    Hawaiifive0
    November 24, 2015 at 11:17 am

    Followed on GOOGL.

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  5. zephler
    zephler
    November 24, 2015 at 11:31 am

    $MKTO

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  6. mrboulders
    mrboulders
    November 24, 2015 at 11:34 am

    added $FB Dec1 109’s @ .47

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