OA BUYS

I picked up $VSLR shares at $3.04 this morning and some $FB 113 weekly calls for next week.

I’m stalking $HABT, $SPWR, $YELP, $RPD and $SPWR.

Going to book gains in $GOOGL, $DATA and possibly $XONE.

I’ve got my watchlist sorted for next week, and we’ll review it in After Hours with Option Addict tonight.

Going back to bed.

Man, what did I tell you about sentiment last week coming into this week? Market apparently wants higher.

I picked up June calls in $PYPL today and May calls in $SOHU.

At the moment, I am deciding between a Tesla or a Maserati with the winship this year.

I got in late last night, but the doctor visits are behind me. I’ll take some time to refocus on the blog as it has suffered quite a bit with all my personal issues in the last two months.

Hope you guys are killing it today.

OA

Fascinating sequence to start the week. In After Hours with Option Addict, we observed that most were either lightening up long exposure or placing bets against the market coming into the week on Friday. As a result, the market rips off the open yesterday to stop out weekend shorts, and lure in late longs. After longs have onboarded and shorts are stopped, cue the reversal. Yesterday we spent the day stopping out those longs into the close, and drawing in another round of shorts to beat up into today’s gap and go.

This is an attempt to buck everyone off the ride before the next leg. The disbelief out there is unreal.

I booked gains in $VIPS calls today, and am watching $BITA, $WUBA, and $SOHU.

Let me know if you got any good stocks to watch here. Tough to follow everything working out of hotel rooms.

OA

Awesome setup to start the week! Ramp the bulls up higher and squeeze the weekend shorts. Reverse, stop out late longs and draw the shorts back in for another round. This type of action makes me think we chop a bit this week.

Balance on the lower time frames is starting to compress, which means we’ll be leaving this range in a fairly fast manner soon. What’s interesting is that the last few times this set-up has happened this far into a rally, everyone got their calls for a breakout. This time, they keep buying puts to insure against the drop.

I picked up $SFUN and $AMZN calls at the open and need to manage exits in $TWTR, $YELP, $CMCM, $VIPS, $DATA and $VMW this week.

Watching $SHOU, $RPD and $WTW.

After Hours with Option Addict peeps, I had to stay a little longer on my trip than expected and won’t be available to meet today. I’ll be traveling back tonight and will be back to business tomorrow. Thank you for your patience.

The market sentiment here is amazing. Can’t wait to talk more about this next week. For now, I took my winnings and took the kids on a weekend getaway. Being in and out of the hospital for the last 6 weeks took a toll on these guys, so I’m rewarding them with long line waiting for theme park rides in the rain.

No After Hours with Option Addict tonight, so I’ll see you on Monday. Hope it was a good week for at least most of you.

OA

12631 Trade Alerts

Mar 22

Long $RLYP Apr 15 calls $.70

Follow the link below to edit your 12631 Trade Alerts preferences:
http://ibankcoin.com/12631/settings/

Just sold these calls for $8.20

Great pick!

OA