OA Buys: DANG and ANGI

To close out the day, I bought shares of DANG to hold for the next few months, and averaged down my ANGI calls (I rarely average a loss in options).

Again, we absolutely killed it today as 90% of my holdings traded sharply higher today. This is not a coincidence. We do this often. The trick is knowing that money is not coming out of the market. In every down tick in this market, there are stocks on the uptick. In other words, focus on our methods that help you identify where the market’s appetite for risk will be next. While idiot investors across the country sell out of stocks today because the Dow is red, we were already positioned knowing where the next buy opportunity would be. In this market, it’s all about the rotations.

I get asked often, “how does one develop confidence in their trading ability?” Well, today is a good place to start.

OA

In the New Year, I want to encourage you to make sure that you only own stocks that want to go up when the market is down.

In today’s case, FSLR, YGE, SCTY, SPWR, CLF, YOKU, CTRP, CZR, RENN, CIMT, CAMT, ZNGA, etc, etc. You get the point.

On the day, I bought shares of CAMT at $4.13, and am looking at VJET, DANG, And either MS or C.

More to follow,

OA

I plan on blowing the roof off this market into year end. I hope you all plan to join me.

-Option Addict 11/14/2013

I had a dream last night. I found myself in a grand hotel ballroom, dressed in a tuxedo, and surrounded by thousands of people dressed in the finest clothing. I was in the midst of a toast. I found myself in the center of this circle of fine people, with my glass raised to salute my peers. Words failed to come when it was time to make my remarks. It was then that I suddenly noticed my right foot planted firmly on the skull of a dead bear, and the glass that I had raised above my head had turned into a bloody heart, ripped from the chest of this dead animal. The crowd roared in applause, as they all raised bloody hearts from bear carcasses as well.

Congrats on an epic year. In January of 2013 during my predictions last year, my theme was that 2013 would be “The Year of the Stock.” As I reflect on the year, it most certainly was.

2014 is setting up to be even better. I have my predictions mostly written, and will share them with you soon. For now, I want to enjoy the moment, of what was an epic year of winship.

If you haven’t yet, join the ranks of After Hours with Option Addict. The discount ends soon, and this will be my last written word of encouragement as it’s time to get to work stacking wins early to finance more toys.

I enjoyed sharing the success with you, and look forward to much, much more in 2014. Have a safe and Happy New Year.

Sincerely,

Option Addict

I picked up shares of CSUN at the open for a measley $5.34 per share, and just now took down some Jan 90 calls on VMW.

More later,

OA

As for those of you who became members of the fine After Hours with Option Addict community this weekend, congratulations. I look forward to helping you produce mass riches in 2014.

As for the market, it’s another holiday shortened week this week. However, with the right scope of focus, we’ll be just as productive as we were last week.

We’ve got a great lineup of positions on already, and I’m posting the list of ideas we came up with on Friday. Feel free to add your favorite set-up in the comments, as I am not done shopping for my next round of buys heading into 2014.

Weekly Watchlist: ANGI, JKS, QIHU, VIPS, SWKS, CSUN, VMW, P, MS, DANG, ZHNE, RVLT, BORN

For any more specifics on these set-ups, or ideas on how to trade them, please review Friday’s After Hours with Option Addict recording.

See you in the morning,

OA

I’m back in the seat today, for a limited amount of time. I took advantage of the Holiday this week and grabbed as much time off as I could, for I know it’s going to be raining money in here in 2014 and I won’t want to miss a minute of it.

Our last spoken theme in After Hours with Option Addict this week was China stocks. I’m sure you’ve seen BIDU, SINA, DANG, CTRP, GOMO, KNDI, MY, NTES, VISN, WUBA and YOKU. If you are not impressed that these are trading so well, compare performance against most other sectors over the last week, and then again over the last month. Rotational buying taking place here, and that FXI is looking good.

On the day, I bought Jan calls in YY, shares of XIN, and Jan calls in SSYS. I booked DDD calls for an insane gain, and my remaining positions are leaving ashes all over my competition as they blaze higher.

On my immediate buy list: CSUN, VIPS, JKS, DANG, BORN. The rest we’ll discuss in After Hours with Option Addict.

We’re on an epic run to close the year, guys. Congrats on all the success.

Yours truly,

OA

PS- For all of you who took the opportunity to join the After Hours with Option Addict ranks, I am happy to see you make the jump. My promise to you is that you won’t regret it, and you’ll look back on this as one of the best financial decisions you’ve ever made. For those of you contemplating, you have a few days left. See you guys after the bell!