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

JUST ONE TRADE TODAY

Last night we scouted and mapped out two trades in After Hours with Option Addict. $HUBS and $GOGO.

Picked up some $GOGO Jun 10.5 calls for $.35 this am. Holy smokes.

Busy week this week, I’m sorry the content has suffered this week. Back at soon.

OA

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

61 comments

  1. Heckler

    Holy F nice trade OA

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

    Wow – I totally missed that one, but remember you going over it failed move = fast move

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. frog2

    so you buy options in a stock with a 25% bid/ask spread. the stock jumps ~16% and the options only gain ~100%

    that’s a win to you? this blog is dead because you’ve been doing this for the past year and most of the readers got killed

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Thomas Jefferson
    Thomas Jefferson

    Got a little position in $SQ calls this morning (at $9.83-9.84 range). Didn’t hit my bid in $YELP.

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

    Good trade. Booking or holding? That’s been my biggest problem trading options versus stocks – managing winners. I’ve let too many go to zero from >200% winners.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. AngusYoung

    Whoa, nice trade

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. BlowMe2

    Open Interest of 1? Who’s the bag holder looking inside and finding dogshit.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. BlowMe2

    Fair enough… not sure what I mean either. I just wish you people and I mean YOU people would find a better photo of Sanders. Honestly, the guy does comb his hair. He’s not some crazy Bernie as Trump would have you believe.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Bchu12

    OA – thoughts on oil? you think we go back down now that it’s poked its head above $50 for a brief moment? or this signals a next leg huigher

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

      Bro, how many times are you going to ask me this?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Bchu12

        really? you said it would trade in a range, 43-47 or something like that. and it did for a bit and broke out of it. i don’t believe i’ve asked you since then.

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

        Don’t forget the super easy, yet important work bchu does on the troll indicator each and every day.
        Feed the troll, and he will do his job for you.

        I am building a little shrine in my house for bchu, offering mangoes and papayas each day.
        May his market sentiment continue to wash down on us… ommmmmmmmmmmmmmmmmmmmmmmmm

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Bchu12

          i was highly disappointed when i learned i wasn’t his main troll indicator.

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

    Looking forward to a quiet day and shutting down after Yellen speaks – after that, I doubt there is going to be much action in the market

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

      Might be a good afternoon for some of that Solani Silver Flake…

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

        yeah – unfortunately will be working most of the afternoon – but tomorrow I am going out on a boat, so that would be a great time….

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

    TWTR breaking out, BABA making a comeback – if you bought that dip, you were rewarded…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Thomas Jefferson
    Thomas Jefferson

    @mateo – great entry on that $CREE! Happy to have you alongside me in this one.

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

      Thank you for the idea. I’m going to see how it goes. As long as 22 holds, thinking sell half to two-thirds around 30.

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

    Rolled into TSLA weekly 230’s (next week)….congrats on GOGO trade. TWTR AGN & ICPT trading well. Enjoy the long weekend guys.

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

    I took a yolo on PANW 130 Calls – this is close to bottom resistance and think it will attract some buyers here.

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

      Looks like I was wrong here – and after a great week, too. Might get sharp reversal, but not holding my breath

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

        here we go – thin trading should help me here…

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

          Meh – exited my trade flat – I got in too early, but at least there was enough action to get me back – thought we could retake the 132-133 level and make this a better trade – live and learn. Have a great weekend!

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  15. Noni Kavuri

    You guys think $65 is a good exit target price on $TNA? I got in at $59.25 and held through the volatility. Or do you think it’s going to have trouble filling the 1/4 gap down?

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

      I would be looking for a breakout here….use a trailing stop if needed.

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

      You got in that like 6 weeks ago right?

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

      Stop overthinking this position. You have 10% downside risk from your entry and unlimited upside. The time to worry about TNA is in the upper 90’s. Enjoy the ride — or better yet get a hobby so you stop obsessing…

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

      SO itchy to get out. How much is it up? $1500?

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

        +$1,800

        haha, not itchy dude. Just trying to establish exit target prices for trades.

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

          But again, you were going to lose three grand to make 1500. You have to address that. Makes no sense.

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

            That was stupid on my part, I usually don’t do that, and trust me, I was close to capitulating a couple of times and re-entering later on.

            But I understand what you are saying. appreciate the responses.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
  16. kidstockibc

    Premium decay is wearing me thin…engine room — more steam!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Bchu12

    OA , thoughts on oil here??? Ok ok. Just kidding. Carry on.

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

    SCTY doesn’t look bad here

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

    Jeff, any thoughts on GE here for a swing to $31-32?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. k_melancon

    That a fun little algo bomb running stops in a weekend afternoon….gotta love it

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

    BABA’s back!

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

      Yes it is! I wish I would have bought some calls at the close on Wendsday….geez

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  22. Bchu12

    $vslr. Wow. Just on a simple upgrade

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

    Bought shares in JASO and FSLR for longer term holds and shorted the ten year via futures Sept contract.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. Pip53

    OA What are your thoughts on FSLR and TSLA? FSLR seems to be be trying to find a bottom still, TSLA, seems to have already turned northward.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. kidstockibc

    Jeff,

    Graphic illustrating cumulative flows into bonds vs equities since 2007.

    https://twitter.com/PlanMaestro/status/736569580827463681?s=03

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. kidstockibc

    Rang the Register on TWTR calls

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