Long some May calls today, into the abyss.
OA
If you enjoy the content at iBankCoin, please follow us on TwitterOption Addict Wed Apr 12, 2017 2:31pm EST 84 Comments
Long some May calls today, into the abyss.
OA
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blood buyer! 😛
Welcome to LA Jeff!!
http://www.nbclosangeles.com/news/local/Driver-Leads-Police-on-LA-Pursuit-419292124.html
OJ and AC redux 2017 on the welcoming committee to the Kohlers where we ram police vehicles-
Trump says USD too strong.
Welcome back our commodity friends everyone…
bet the farm? no doubt
Bet your bullshit AARP money, fucker.
Gator, you have always been a looser, always will be a looser – and even if you win, somehow still a looser.
Actually you are the LOSER for not being able to spell it correctly.
Feeling some Chinese names
PTR
YY
SINA
–
PTR is ripe, right there with ya.
PTR earnings after the bell I believe.
http://www.nasdaq.com/earnings/report/ptr
april 27 estimated
I just stopped out on $HBM. CLF has almost touched the top of the bar from Nov 9th. I think that date is key and currencies bonds and stocks are looking to revisit that area….. some are already there and others like CLF are just arriving.
Trump just out talking down the $USD… nice moves in currencies notes and metals as that news popped.
STMP is bloody for those knife catchers
Next chart I am looking at WHR
did not like the action today. but the OA indicator is showing green.
$X $AKS $CENX yikes some volume coming out of these trump rally monkeys…..
OA- what’s your target for $SHLD? Or is this a longer term hold betting on a true turn around? Or maybe you are out already? Apologies if you mentioned that already and I missed it.
First was here at $13.50. Max – $20.
Man, I think you lost a looooot of credibility with that SNAP thing. I mean really a lot. And deservedly so.
hahaha. wtf?? you serious?
I hope you lost aloooooot of money with the SNAP thing. I mean really a lot. And deservedly so.
I didn’t.
Of course you do. But since this is your hope, it proves what kind of person you are. And this in turn will deprive you of your future success. You will become a loser. And deservedly so.
Sure thing pal.
Remember, I am not the one slumming blogs looking for free handouts. You are.
Are you bragging??????
With all the crap a la “they want you to sell” and “I have much bigger prize at sight” and “no need to look at your account balance with these fluctuations”…
What a crapmaster you are!
You’re upset you watched your account skyrocket and are left standing dick in hand.
If it makes you feel better to point a finger here, don’t use the one you used to click “buy.”
Aren’t you the guy that said the trade was over every single day? You’d think a guy who was ultimately correct would be in the best position to move on. Apparently not.
maan y’all gonna be back at 29-30 please I need my second chance
i took the may CLF trade, as well as a small amount of April $7.50’s. for 20 cents.
I emailed you while back about charting CLF. You stayed firm with waiting on a break of $8 despite that move higher. This week was the week for the entry. I didn’t get leaps though, but i want some January 2018 $10’s. The prices are much better now.
I also recall talking you out of that chase after earnings. This is a better spot IMO, even though some apparently disagree.
CLF just broke a swing point on an increase in volume closing near the LOD. There is a gap below -that the bottom of- is a dollar lower than the closing price….similar action in LIF.to , Labrador Iron Ore Royalty Corp…Election night is calling these stocks home……
I saw the gap, took a swing anyway. Have been waiting for months for a trade under $7.50.
the short interest is pretty high in this name so when it truns it should have some covering to give it lift. I am watching it because it is a component of the XBM.to… the XME is constructed with different companies and I like the XBM holdings much better.
I felt the same about HBM but the break of recent support triggered my stop. Will look to reenter when I get another chance. Trump is going to be commodities best friend in the longer term IMO.
Are you sick, man? Why are you imagining me with holding my dick???
The other day you were complaining that people use obscene language on your family. Yet you do the same with others just like that…. That is sick, man. Keep your dirty fantasies to yourself and do not put me into your sick fantasy shit.
That doesn’t offend me.
What’s offesnive is you memorizing every comment I make and everything I have to say. Recalling everything I have going on. Think about me a lot at night Simon?
In reality, you’re the perv bro.
You wish…
Admit it Simon…you’ve been thinking about me night and day for three straight weeks.
Wet dreams turned to dreams of torture chambers ya queer fuck.
Haha, you really enjoy it. Kind of exposing yourself here to the public – do not get too carried away.
Wait, your info says you’re the “dreamer.”
lmfaooooo
Good for you Spider I mean Simon , don’t take no shit off of nobody
Hey!- This is for you
https://www.youtube.com/watch?v=SDjQbUG4J6o
Haha!
You have balls on this trade with it breaking the 200 day. That said, our option rank says puts too extreme so is might work if can get back above the 200 day. I use Heikin Ashi Candles so might try when we get the first green one. Good luck you will need it but if it works could work big.
I miss the old ibc when the majority of the posts weren’t about Trump, when OA’s blog was less about people bitching, when Chess gave us some not sure-fire picks and made sure to tell us a particular stock could go up or down the next day,when Raul was more prominently displayed, and when Blue Star brought us the bearish stance. Those were the days man.
I do like some of the peanut gallery guys. There were some great posters like lanforce that fell off the map too. Wth.
I miss iBC circa 2006. I was a reader then.
I wish I was around in those days. I was learning how to do covered calls and finishing college. On that note, I wish I was 22 again. Seems like the mid-2000s was a golden age of trading. I’ve gone back and read some of the old, old TA stuff, even seen a couple videos a couple years back when I was learning your methods. That shit was pure gold man. You still got the old website? There is gold on that site man.
I remember this one video had your mug in the corner of the video, backwards cap on, this young dude calling out shorts you liked? What?! LOL. Yup, some good shit on there.
I WANT TO BELIEVE.
Bro, your volume trading video was top tier. I think you’re dope, and have balls trading out in the wild open ZERO fucks given.
Yes I lost money on SNAP. No I don’t give a fuck. Yes I’m going to buy a disgusting and unadvisablly large position of these fuckers tomorrow.
I don’t know you, but if I did I think we’d be friends. Ride or die homies cruising head on for Valhalla. If you want to give me free stuff that’d be cool, I only have like 10k left and it’s all invested in high risk bullshit. If not, I’ll continue to mooch shamelessly and buy into your products when I have free capital to do so.
Keep it up – you are appreciated.
Email me. Let’s ride.
Done.
Omg. You’re one of those guys Harper was talking about. No offense. I’m not saying I’m any better. I don’t do much “trading” these days.
@OA could you please tell me the technical rationale you used for this choice on CLF? I ask because I noticed this morning it was close to touching the upward trend line drawn from the low last year through the subsequent dips. I just wanted to see if that had a factor in your decision (looking for validation for my personal analysis I suppose). Thanks!
Wedge pattern into trend support…and a fuckin leg sweep bruh.
Ya – years and years ago – Chess N Wine daily recap was the majority of the reason I would come to the site. Loved the straight no nonsense only market talk on his articles and recaps. His new site with recap each day isn’t that bad but he keeps a lot of his ideas now behind the pay wall – and deservedly so as he is now “on his own” – and I’m not a paying member.
Easy choice.
I don’t know much about Chess, other than he never really offered much of anything. You gotta pay up to get it! But the next day he’d be back to tell us which stocks he was slaying. If anyone was paper trading it was surely that guy.
Anyone that knows me knows I’m pretty opinionated and will call a spade a spade, but I always do it with respect, and no ill will (usually!). I’ll tell you this, some of the wildest rides of my stock trading life were following OA’s trades. I was a gunslinging, riverboat gambler much like that dude above, not afraid to run $10k into $100k or lose it all. It was a hell of a good time, but I’m way over that approach. Not worth the hassle.
But moral of the story, there is much to be learned here. It’s up to people to make their own way tho. You got a problem with OA, send him a PM, and let the rest of us try to have some decent dialogue about fucking stocks. I got no ill will towards any of yall.
From what I recall, chess was purely a breakout swing trader. If the market wasn’t conducive to flags with follow through, he wasnt doing much of anything. Useful for those times where we’re trending hard. Not much else.
This comments section is pure shit. PM OA your attacks …and your support for that matter. How can I slum for free shit among all this bitching.
Agreed. Tempted to just turn comments off.
Please leave them on….Great entertainment for me.
lol, brings out the worst in me.
Get ’em – fuck those idiots. They bring it on themselves.
i love reading the comments and your picks OA
using days like today to add to my FXE June calls.
Hi OA, based on today’s price action, do you still think SNAP is going to reach mid 20s next week?
My 4 week target was to new highs. Think that happens in 7 days?
So now you think it is not going to work, I do not mean into new highs in 7 days, but overall?
Dude, my original trade plan? 4 weeks to new highs? Kind of a stretch, no?
I am not talking new highs. It was sentiment based and very bad sentiment continues. Is it going to to the upside from here or rather down (week or two timeframe), in your opinion?
Well that was what I planned. So just letting you know the second part of the trade didn’t work as planned.
Uh oh somebody mentioned that four letter word stock here we go
clf not feeling the love looks like it wants 7
Ok, I thought the second part of SNAP was THE PART
The fuck?
You are throwing me a target I never gave you. You are wanting me to be the reason you hold or don’t hold. It’s all yours.
Hey, do not change focus and bullshit people – you were saying after the first week that it was only getting started. That is what I am saying. Do not even think to bullshit or deny that, it is all over the wall!
tobias,
You ignorant fuck. Maybe you didn’t notice that when I said that three weeks ago, the next move I was looking for the following week didn’t happen? Have you missed this fucking daily argument we keep having here?
Good luck, I’m sure you’ll need it.
Lol – either give OA your account login information, or own your fucking trades. Not a difficult concept.
snap earnings in early may and everyone is saying its gonna fail hard… I’m gonna try to see over the weekend how the options market is pricing it at the moment
Expectations of free money seldom end well.
Will the bomb drop drive oil up? Knee jerk reaction possible??
Inspired by AHOWA last night, bought $FCX leaps and started a position in 2019 Leaps for $POT.
calling a gap up on Monday cuz y’all sleeping
All this post was about was the fact that your long CLF. Readers could take a similar trade, buy puts, watch on the sidelines, or troll. Seems most don’t take the high road.
Seems ready to go:
https://www.tradingview.com/x/1pvcaigs/
Why would you go long anything here let alone a trashed coal stock? The odds of success are so small of even picking a decent defensive stock going up are relatively low.
Why are the odds so low? My indicators say the risk is higher, not lower.
I buy the stuff people are getting out of. Day in. Day out.