Guess Who Owns $CREE Calls?

Yep, I do.

I also picked up Oct 24 calls in CRUS today.

Eyeballing SINA here as well.

UPDATE: Long OCT 85 SINA

OA

I purchased P Oct 27 Calls and a piece of AMZN Wkly 320 calls.

Tight leash, but just looking to get something started.

More later,

OA

The China stocks and Solars continue to be unaware of lower equity prices.

If you want portfolio immunity from the stock market, trade the stock market as if it were a market of stocks.

Look for non-correlated instruments. Focus on stocks that are behaving or performing differently from the SPY. Developing that skill set will make you a better stock picker.

It’s cool that we’ve now seen the Dow down 7 of the last 8, and I am still happy to be long.

Immediate Buy List: CRUS, GNC, P, SPLK, SINA

OA

DOW DOWN 6 of the last 7 sessions (nearly 3%). Let’s recap the week…

• YGE – +20% this week
• DANG – +11% this week
• DECK – +7% this week
• FSLR – +4% this week
• BYD – +20% from entry

SFLY, PWRD, GRPN, MCP are still hanging in there, while CLF and CREE are two steamy piles of shit I am trying to manage my way out of.

I went 1-for-3 with my #yolo trades this week, compared to 100% last week (Two 400% winners). UA win – GOOG/QIHU loss.

I was also pretty happy about a 70% melt-up in PACB.

Considering the environment, I’d say we did a decent job BEING LEVERAGED LONG, no hedge, into market weakness this week.

Now if you’ll excuse me, I am going to pass out. Have a good weekend.

OA

Shut down the government. Sell your stocks. At this point I think we’ve flashed our immunity necklace to market weakness for the last week. I’m glad we’ve had some lower stock prices too, as a lot of better name stocks are trading at much better prices in terms of entry.

The strength of the Russell and Nasdaq are quite simply impressive, and should be monitored closely if you are still riding a bullish bias. During After Hours with Option Addict today, I am going to speak towards things I watch during each trading day, and want to point out how the divergences in the indicies on an intra-day level make for great trade signals.

No trades from me as of yet, but will update you with any moves I make.

OA

You’d think the market was screaming higher this week, looking at my body of work to this point.

DECK, GRPN, DANG, YGE, PACB, GLUU…you get my point.

Right now, dressed in an Under Armor body suit with Furry Ugg’s on, I am eyeballing SFLY, MOBI, GAME and PRGN.

UPDATE: LONG SFLY Oct 60 calls .80