If you aren’t in as of last week, you’ll wish you were.
More later,
OA
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Joined Aug 2, 2009
1,847 Blog Posts
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how big of a trade is this for you?
Somewhere between behemeoth and gargantuan.
i wish i went larger on this one then. 🙁
So this conversation occurred yesterday as $SNAP went red:
Degenerate me: “I should seriously trim this $SHLD position and just go all in on $SNAP.”
Responsible me: “No, no – that would be imprudent. SHLD still has a big move coming.”
Universe: LOL
WATCH LIVE AS $SNAP SHORTS ARE OFFERED TO THE STOCK GODS.
That should have been the title. F*ck was I thinking.
I think it should have been:
Oh, $SNAP!
What kind of gains in the stock are you projecting? Test of the post-IPO high at 29, or something more modest?
lol.
Just kick back and watch.
as OA once told me … “be the ball Danny .. be the ball”
Ive had this stuck in my head for three days now..
Searching the halls for insight.
Do we sell at end of trend day?
Your trade, do what you want.
First thing my TDA platform did sound wise after the market open bell was the sound of my SNAP 24MAR17 weekly calls locking in a 100% profit! OA you da man!
you booked your calls on the open?
No, booked last Friday 17 and bought them for $0.40 and sold this morning at $0.80.
so the answer is yes, you booked your calls at the open. lol
Sorry, booked means when you have bought them or when you have sold them?
booked=closed trade.
Thanks, so yes I booked my options trade at the open of today’s session.
lmao
OA, thoughts on LABU down from 54 to 44 here?
missed a chance to add more yesterday .. but essentially fully loaded here
OA, you think there will be a chance to roll up the Mar weeklies into next month at decent pricing?
Dude what a fucking call on your part. Would love to know the price target here – I’m up 200% on these April calls already not sure if I should let them ride or take the gain.. any thoughts?
Same here.
Another amazing call by OA.
OA IS GOD
the only mistake could be selling too early ?
I think I just heard OA Jr’s teacher jaw drop.
Really nice call. Of course, had to expect it from someone named Jeff. 🙂 Signed, another Jeff.
Do you get tired of being right? Sick call.
Looks like shorts are still engaging….are we entering the pain and guilt stage?
Great fucking call. Followed you in a bit tardy, SNAP was @20.13, bought Apr in the money $18 calls for very little premium. Now up about 50% in a day.
OA – when you say trend then gap, can you elaborate what that means to a more novice options trader?
Where do you see this early next week?
Thanks
FWIW, since Thursday, I’ve been giving out the next day’s newspaper before its been printed. Perhaps if you continue to read, I might keep doing this?
That would be great! But I’m more so asking if there’s a sentiment that I should now wait until tomorrrow to enter.
Yes, I know it’s my trade. But I’m bought in.
Yeah, I’m not managing the trade for you….unless you send me your login info.
Not something I’d be too oppossed to. Is that a real offer? No transfers 🙂
Or, you can subscribe like we all do?
Now I’m a spectator, as my bid never got filled on Friday. My own fault.
Glad I power loaded this week near money and next week near money 30 seconds after the opening bell after immediately selling down a good put position in NKE. Also got next week TWTR near money calls a little bit ago.
Was gonna get them Monday – might as well now when it is trying to ignite and might.
Stage 4: Margin calls and GoFundMe campaigns.
Stage 3 is anger – we haven’t gotten there
That stage is closer to the highs. When the asshats start throwing feces at eachother for being wrong.
I was stating the more traditional stages of grief…we still have a ways to go
LOLZ
volume is still relatively light
Seriously?
http://www.pinterest.com/pin/576320083552343503/
I wouldn’t call that light volume
I relatively. I am looking for no kidding volume of 50M Finishing today at 35M matches last Friday
slow clap
another one to add to the burgeoning archives
Once SNAP reaches the TWTR level, time for sainthood . 2 miracles , right? j/k
Thinking a red day tomorrow or Friday to keep the snaptards engaged. What say you?
Pleasure to watch your calls on this. Thanks.
What do you think of this $TDC retest? Looks good enough to me to add, particularly if the funds ear-marked for a last add to $SNAP may go unused. Though I won’t be nearly so presumptive just yet.
For the long term trade? Seems like an action point.
I have June calls, so mid-term.
You get rid of your DDD?
Sell at support here? Hmmm
$SNAP uncrossing the legs, sans underwear.
LOL!!!!!!!
Thanks for this trade OA. Sold out of weeklies for 616% gain ahead of the midday lull. lol. Pretty fucking epic dude. Looking for a spot to reload for next week.
Chart looks “bearish” intraday, perfect spot to reload IMO.
Just saw someone complain on StockTwits that there were no shares available to short at their brokerage
% Bearish hasn’t changed there much. Which is perfect, actually.
averaging up with all the loaned money I can get. that’s my plan. currently in the 20k in stocks and 5k in options.
wondering if I’ll be able to roll up my weeklys. chatter on the twits getting more balanced. Lots of people talking the investor psych trade here.