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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

OA BUY: $FIT

Option Addict Wed Mar 30, 2016 2:34pm EST 15 Comments

I picked up some Apr5 weekly calls on this one. Love the spot and the profile.

OA

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15 comments

  1. Bchu12
    Bchu12
    March 30, 2016 at 3:18 pm

    Up or down tomorrow

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  2. jewishmantis
    jewishmantis
    March 30, 2016 at 3:25 pm

    Staying pretty much long but I added to the shorts Ive had languishing for a minute. Every time Ive seen that shooting star (am I right on the name?) the stock dropped precipitously. Lets see if the market does the same

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  3. Sia
    Sia
    March 30, 2016 at 3:28 pm

    YELP

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  4. dlrago8
    dlrago8
    March 30, 2016 at 3:31 pm

    Any TVIX takers into the close?

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  5. traderconfessions
    traderconfessions
    March 30, 2016 at 3:54 pm

    FIT looks very good but I hate the product. But.. if it doesn’t break today’s low tomorrow I might join you with the stock. I’m picking up some NHTC. Should have bought earlier but got distracted…

    Of course the day after I get stopped out of shitty LNKD it goes up $4 after doing nothing for a couple of weeks. Ain’t that the way it always happens.

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  6. Jon V
    Jon V
    March 30, 2016 at 8:22 pm

    I closed out of TNA today and am now flat for the first time in a while. Longer term I’m looking to buy weakness still. I think we could see a sharp 2-4% pullback out of nowhere to shake out people chasing. I saw some guy reaching to buy TNA after hours. He kept putting in bids of 4-5k shares about $0.20 above the closing price while SPY was down after hours. Seemed to me like either panic short covering or panic buying.

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  7. thegametheorist
    thegametheorist
    March 30, 2016 at 8:59 pm

    legend we all are witnessing. bottom ticked the post.

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  8. Jon v
    Jon v
    March 30, 2016 at 11:04 pm

    Long term FIT reminds me of heelys. A fad.

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  9. k_melancon
    k_melancon
    March 31, 2016 at 9:28 am

    $FIT well done, sir!

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  10. og
    og
    March 31, 2016 at 9:33 am

    Nice call!

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  11. daveh
    daveh
    March 31, 2016 at 9:56 am

    Long $INSY

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  12. k_melancon
    k_melancon
    March 31, 2016 at 10:04 am

    NFLX looking good – reversing off 101

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  13. RaginCajun
    RaginCajun
    March 31, 2016 at 10:31 am

    LOL @ front page picture.

    $FIT running

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