iBankCoin
Joined Jan 27, 2008
7,403 Blog Posts

AAPL: Bought more @ 170.84

[[AAPL]]

Just incase you are wondering, I am well setup for today’s rally. Yes, I was a few days early, but right now I am sitting comfortable.

My biggest winner so far today is [[AMZN]]. How about that [[HOKU]], loving it.

Note: We will end triple digits higher today.

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Sector Spotlight: Biotech

The space is on fire, thanks to [[DNA]]. Right now I like: [[CELG]], [[GILD]], [[BIIB]], [[CPHD]], & [[SVNT]].

Make sure you have exposure to the sector. Feel free to list your Biotech plays in the comment section.

Top pick: [[CELG]]

Disclaimer: I’m long CELG

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SOHU: Sold Strangle

Sold 10 Aug60 puts @ 4.90 = $4,900

Sold 10 Aug80 calls @ 1.40 = $ 1,400

Total proceeds $6,300

Investment was $5,500, so that makes an $800 profit simply by playing both sides of the trade. $800 is nothing to get excited about, I just wanted to show a simply way to minimize risk and still turn a profit in a volatile market.

Note: another profitable video, for those that missed it click here

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