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Option Addict

The first hit is always on the house.

OA BUY: $WB

I’m back on the China bus this last week or so, and bought some $WB calls this morning.

More later,

OA

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Y OH Y DID U NOT BY?

Think I’ll book some of this $YY up here and use the proceeds to buy some $CYBR we talked about earlier this week. Got the pullback I wanted, l o l.

Reminder, no After Hours with Option Addict today, but last nights watchlist is fire! Almost better than last weeks $AAOI, $PYPL, $SQ, blah…blah…blah.

HAGW

OA

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OA BUY: $SNAP & $YY

I bought shares of $SNAP this morning at $15.30 and $YY calls this morning as well.

I’ve been on a consistent streak of inconsistency the last few months. Dating back to my crucifixion of my $SNAP trade.

I figure to end a streak, go back to where you started. So I bought some $SNAP.

Fuck you.

OA

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OUTLOOK FOR OIL – DECIDEDLY NEUTRAL

Well, here’s my final tally…

Which Comes First for Crude? $40 or $50?

$50 – 52%

$40 – 48%

Seems the crowd is torn on the next 10% move from here. I was simply trying to gauge the level of optimism/pessimism here, but am very surprised to get such a neutral response.

If we’ve really found neutral ground, it likely means we’ve found a price that we’ll pin or trade around for the next few weeks. We’ll see how that goes.

Thanks for your participation.

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