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

STAGE FOUR…..

As you know, I have a large stake in this spread out over a multitude of expiry’s.

The weekly calls that I purchased last week at an average of $.17, sold for $2.15 just moments ago.

That’s +1165% return.

What’s great is that so many got to walk this one with me. I made sure you had a chance.

Next week is going to be awesome.

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36 comments

  1. lesurgeon

    You’re an amazing person, homie.

    Thanks for everything you do.

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  2. iguessitsallin

    Pros OA.

    Are we looking at flat-line tomorrow?

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    • Option Addict

      Yeah, levels off for people to place bets into the weekend on expiry of quiet period.

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      • iguessitsallin

        I remember back then, $TWLO was always strong on Fridays.

        Always curious as of why they never dip on due to expiration and such.

        Is it because sentiment plays are illogical?

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  3. Quality Control Inferno
    Quality Control Inferno

    Over 1,000%?! LOL amazing.

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  4. kamel

    I will add my stats – I had SNAP 21 calls that I got for .13 and sold 2/3 at 2.20 and the rest at 2.05.

    Thanks!

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    • cancel19

      Hey Kamel, thanks to you I learned booking a trade meant selling it, not buying it! LOL Thanks for showing me the way out of Pikersville! 😉

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  5. Kevin

    Extremely ironic and hilarious that there is an ad for an Edward Jones financial advisor being served to me alongside this post. Guaranteed he called that move in snap too… props OA, you are prescient.

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  6. ahadbi

    its a smallish yolo

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  7. mongoosereflexes
    mongoosereflexes

    This was an amazing trade, thanks OA. How can we be so sure that next week end of quiet period is such a positive thing though?

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  8. cascadia

    AHWOA memberships pay for themselves after 30 days Trumping the market with OA.

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  9. bballboi948

    when this trade is all said and done, you’ll have to do multiple mic drops ala the verizon commercial with thomas middleditch #amazing

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    • aflow90

      We should all band together into a united OA-front and bombard stocktwits when we reach full winship.

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      • tonka

        Won’t make a difference. If you have a position on and lose you just quietly stop talking about it. Or better, delete your history. If you don’t have a position on you just extend your timeframe until you’re correct. Everyone looks like a winner.

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        • Dave

          Dude, he always owns all his trades , Winners and losers. He is the only one out here who will throw his balls out on the table for all to see

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      • fanofplans

        that would defeat its purpose as a contrarian indicator.

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  10. ahadbi

    pretty sure the multiple mic drop are coming just after the snap trend ends

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  11. matt_bear

    when this trade is finally done and i’m off to go get my Porsche, is “DIKPICS” ok for a license plate? or do i just keep it classy with “SNAP21C”?

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  12. Beechoo

    Awesome once again.

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  13. og

    I’m probably the only sucker here with common while everyone making bank with options…

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    • mongoosereflexes
      mongoosereflexes

      I banked with common shares long, no options 🙂 granted im not banking as much coin but it’s all good

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  14. Krusty

    OA, am I happy I followed you in this trade! What can I say, it’s pure mastery.

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  15. doubleplus

    My only indecision here is whether or not to load up on more calls on any dips today. Life’s too short, so probably will.

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  16. dragun

    pretty quiet on the twits board. lots of bag holders.

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