Headline power at iBankcoin. My mom would have been so proud.
Picking up where we left the conversation yesterday, we’ve got two types of set-ups to watch, and several stocks to keep an eye on.
Stocks that did not participate yesterday: LULU, GMCR, ROVI, RBCN, SOHU, BYD, RKUS.
My short squeeze list: Click Here
I took positions yesterday in LULU, GMCR and SOHU. I also own FSLR, GLUU and X from the squeeze list.
I will be scanning for momentum for the first few minutes after the bell. The market looks set to open flat, as expected. Stay tuned.
Also, for anyone following the Lotto Friday ideas….they are looking amazing (AAPL, GS, NFLX)
OA
If you enjoy the content at iBankCoin, please follow us on Twitter
was there a hostile takeover at ibancoin? The Fly squashed? No mention on CNBC.
Please to explain this…Lotto Friday
http://ibankcoin.com/option_addict/2013/05/17/the-concept-of-lotto-friday-old-sport/
May Lenin’s ghost bestow upon you many rubles 😀
I am en route to an amusement park.
You may all amuse yourselves over there now, under the steady leadership of
OA.
YELP! ty FLY
Dear OA:
My first big win from your membership
Lotto NFLX july wkly hit $251.5 at about 9:50am, and my $5K became $20K. Thanks.
Note: My initial investment in NFLX wkly was $2600. But added another $2600 from winnings from another of your recommendation on AAPL weekly lotto. The AAPL I sold within hours on Thursday after it from $2600 to $5000. However, I am scared on SDS as I am down 39%
SDS is a hedge, not a trade. You are supposed to lose money on a hedge. It would mean your other trades are working.
I sold too early, NFLX is still going up !!
Killed it in NFLX.
Good job.
I sold on my July Monthly nflx which I picked up earlier this week
($8.00-1.50) x $4800 investment. I am still upset selling out early on CRM which could have made me $50K.
You need to take the emotion out of trading. You win some, you lose some. Once your out, move on to the next one.
Amen
Dear OA: In your opinion. What % of the pot should go to SDS hedge? I understand what hedge is, but I don’t know what amount to use as hedge so that I don’t end up like JPM Chase
That depends on how much of your money you want to insure…how many positions you have on…how much of your money is invested….etc…etc.
Dear OA: If I have $10,000 invested how much SDS in USD should I have bought ?
10k invested? What size of account?
Put it this way, that hedge, for me, was only twice my normal size. Still small in relation to my holdings. Just a starter…
So, would you say, For every $10,000 invested, I should have a $5000 hedge or $2000 hedge ?
Hey man, ultimately it is your money. Its gotta be a decision you make.
Have you ever hedged before? Perhaps this is why your account value dropped?
I still don’t have to pay capital gains taxes yet, because I lost 10 times that.
hybullshit I hope you held those a bit longer, they are now over $8
You are reading the Monthly table. The weekly table at 10:17am stated 3.80 bid.
Sorry maybe I assumed we’re in the same strike, I have the 245s expiring today
Wowzers. Way to dominate on these weeklys. You seem to have a great vehicle that can get you to Winship Lane early and often!
$160 on GS. Told you bitches.
Totally Love your picks, you are always on the money. can’t wait for your new service!
Nice to see your promotion. I am strongly considering joining your new paid service once it gets up and running.
when is the launch?
Sounds like it will be later this month.
great. looking forward to join.
I missed the lotto Friday plays but cannot find them anywhere on the blog – were they posted elsewhere?
“I bought GS 160′s at the low today for .18”
The GS call was in the comments here: http://ibankcoin.com/option_addict/2013/07/11/step-1/
I post them in the comments most times, otherwise they come from my advisory.
Thanks for the reply
Last Lotto Friday Trade today:
Long GOOG 920 wkly calls 1.20
Out of AAPL, NFLX, waiting to sell GS
What a day.
I can’t participate in GS, and missed this 200% gain. My employer would @#$@ me if they see GS on my tax return.
Life is too short for employers like that. What are they looking at your taxes for anyway?
thanks for getting me back into $ZLC yesterday, double digits here we come
“I’m a pisces, I’ll do anything for money”
is option addict in the pelican room?
Congrats on the headline spot champ
Thanks breh
$SCTY setting up nicely here too.
I encourage people to look at oil’s breakout from this multi-year triangle. Favorite names $EOG & $PXD – however these are investments not a trades
Yelp. I doubled down on SCTY since The Fly mentioned he bought again.
Hi, I am new to this site and am playing catch up. Looks great so far. Can you please share what positions you have (which month and which strike price) on these short squeeze list stocks:
I took positions yesterday in LULU, GMCR and SOHU. I also own FSLR, GLUU and X from the squeeze list.
Thanks!
I will on Monday.
Thank you. Just watched your WEekly watchlist video too. I am planning to open RKUS Aug call and FSLR call positions on Monday following your trade.
FSLR might be tougher to manage up here, but good luck.
OK, will take leave FSLR out for now, and looking forwarded to your post on Monday that gives more details about the positions. Thanks again for your insight.
How about SCTY? Is today (Monday) to go long some long Call options ? Thanks
The timing matters more than the instrument, in my opinion.
Timing wise is RKUS a good time to enter today?
Are any other positions good to enter this morning?
Thanks for your time and replies.
I’m sure you saw me enter this last week, right? If the stock hasn’t moved yet, then you are ok. On the other hand, if I am getting FSLR at 44, and you are going in at 48, you are chasing.
FSLR on fire! Great call!