I woke up and booked gains in my $SQ trade at the open. Great move in response to earnings. My $FSLR is getting waffle stomped here this morning, unfortunately. Otherwise, it would be an awesome day. Not sure what to make of this group just yet and may reduce some exposure by scratching out of $VSLR. Maybe taking a small loss in $SPWR or $RUN.
I used the $SQ proceeds to buy $FB calls damn near the low of the day today, and also averaged down my August $CRM position.
I’m stalking $HDP for earnings tonight, but will be watching $PCLN, $ANET, $IMPV and $CSOD tomorrow after their reports and will look to buy from those after the premiums have imploded. I’ll only take positions off minimal price reactions.
Small caps need to follow to days high here. If that happens, this starts to speed up a bit.
OA
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FSLR, selling volume is concerning. Same as early July. Any stop, OA ? Thanks.
Yeah, down at my entry.
I peaced out of my solars this week. Shopping for some retail any ideas?
OA, could you explain what you mean by taking positions off minimal price reactions? Does that mean if both their premiums drop big time tomorrow and there is very little price movement at the market open, these would be good candidates to consider for a trade? Thanks in advance for clearing that up, and your transparency above.
Use TSLA as an example.
Remember my CMG trade we talked about?
Yessir happened with TSLA in that subsequent price move up today, with that muted open.
Yeah, all you’re doing is passing on the expense of an unpredictable bet for a shot at a more rational one at half the price.
TWTR to the moon! Thanks for highlighting it last week OA. Took my first position in it after earnings
I was so happy I wasn’t in TWTR when they reported and now am so pissed watching it rip daily.
SN looks scrumtrulescent.
Any thoughts on AAPL here? Jeff, I know you posted a chart a while back but can’t seem to find it. Would you buy here for holding >6 mos?
I bought in front of ER, rolled out a big win into next week calls yesterday.
$108.
XPO jumped on open; almost filled volume pocket. I unloaded calls when it was above 35 but it’s back down now. Is there a way to check for multiday moves to fill pocket post earnings, similar to what ETSY did?
“Is there a way to check for multiday moves to fill pocket post earnings, similar to what ETSY did?”
What?
Glory to the lone solar bull.
He is I and I am him.
Slim with the tilted brim.
FEYE before tonight’s earnings play?
ahhh…shiet. its tonite? Can’t remember the last time it had a good response to its earnings.
I have calls, yeah.
Trash is starting to fly – $SAEX, $HMNY, $RGSE
OA …any thoughts on CSIQ ??
Rumormongering is definitely on the rise
I’m thinking about adding to $FSLR here before the close. Between this spot on the chart, and $TAN barely budging, this feels WAY over done… If $TAN starts to turn down then I’ll have to reevaluate.
http://imgur.com/7DZbFuU
Please excuse the novice/unclear post. Ive only been watching the after hours for a week or so, and I’ve been focusing on volume profile with respects to earnings announcements. I figured that ER could be a catalyst to pop some underlying into pockets of low volume overhead. The only one that’s gone against so far has been WDC. I held 19 Aug 30 calls for XPO into open today and unloaded them all at around 300 percent or so. I was contemplating buying some OTM 35 calls as well. What would you monitor aside from price and volume to see if an individual equity will fill the pocket up to the next level of volume/resistance. It looked like Etsy, sq, and adds and multiple other stocks you’ve mentioned have had multi day moves, and I’d like to take advantage of those. How do you monitor your risk after they begin the move, and do you simply look for an exit towards the top of the volume pocket? Thank you!
I meant, are you asking about finding moves or finding pockets? That didn’t quite read well.
OA, hello, can you point me to the site where I can find the volume pockets. I had it a few years ago but can not find it now.? Thanks for your help.
I use the volume profile on thinkorswim. You use them>?
No, it was a lessor chart but still worked. You gave the guys on AHWOA the link/address of an alternative way to get the pockets. Must be like 2 years ago.
Either stockcharts.com, or freestockcharts.com will give you a free profile.
Thank you. Have a nice weekend.
Solar is terrible – get out, take the losses and move on.
Basic Materials, once the whipping boy, are trending higher and actually look good here.
VALE – BHP – SID
$FSLR has $20 in cash. If you are a fund, and change your mind on this industry, this is the only name big enough and liquid enough to buy.
Materials were my 2016 call back in Jan.