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

Got ANGI Questions?

I booked SCTY and QIHU gains today, like a boss, and am looking for spots to exercise my right to more money in CRM, TRLA, and TWTR.

If you have some Jan options on, wait til tomorrow before you start to feel pressure to do anything. Personally, I much prefer selling on days like tomorrow. Days like today you have a lot of stocks trading up a little (Dow +120). I much prefer tomorrow where fewer stocks will be up a lot (Dow +/- 40).

Wait until tomorrow to ask me about ANGI, again.

OA

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Mid-Day Update

This morning I booked CZR and rolled out CRM calls.

After yesterday’s longs in LNKD and Z, I added TWTR to my book. #YOLO.

Most of yesterday’s unrealized losses have been recovered, with the exception of the carnage in the 3D stocks. CAMT, CIMT and ONVO look fine, but I let two gains in XONE and SSYS turn to losses. Tough pill to swallow.

Also, I am thinking about taking a good sized Gold short here using March puts. Looking beyond the state of the currency crisis and my own personal ignorance on the matter, I want to be the upper hand on the 2014 Gold C-Rush.” The location is right, the options are cheap enough for the move, and I think the timing is ok.

More on this later,

OA

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Top Long Ideas

I’m now back on the Social Media bandwagon, having taken all their profits and left them for dead last month.

I’m looking at taking positions in the following: LNKD, Z, and taking another long in ANGI.

We’ll talk about this rotation in After Hours with Option Addict later today.

OA

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Watchlist and Biotech Basket

Here is my watchlist for the upcoming week. ANGI, LNKD, TSLA, FSLR, X, SODA, GSVC, XONE, HSOL, Z, GRPN, DRYS. KBH

Also, I’ve been discussing this with some of you since 2011…the idea of investing in a select basket of biotech stocks. We devoted some time to this last week, but I am going to take some steps towards ownership in a few more names this week. I’ve raised the capital, and will start making allocations this week. There will be no trading in these stocks, as I am looking to invest.

Also, next Monday we will start our week long crash course on Technical Trading Tactics. Start adjusting your schedules accordingly.

OA

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Shopping

So, it’s Thursday prior to next weeks OpEx. This normally marks a turning point in stocks heading into OpEx week.

I just booked big gains on WDAY and YY, and am shopping from the following list:

GSVC, FSLR, GRPN, KBH, Z, X, TSLA, SODA

I’ll let you know where I end up…

UPDATE – Long JAN XONE CALLS here

OA

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