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

97 comments

  1. vandamme

    So bullish.

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  2. JohnnyO

    Ah yes, the trolls of perishment.

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  3. whatanoption

    trolls about to bring the hammer down on that ass

    should of learned from Ackman not to jerk urself off in public

    post your trades OA or ur a fraud

    u got paying members to follow you the least u can do is post proof

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    • Option Addict

      Every member of my trading service was there and took the trades with me. They have proof. They are there watching and listening to every trade I take, lol.

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    • moonshot

      You do realize that paid Trading Addict members get his real time trades, right?

      What proof does he owe you, the freeloading troll?

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    • rwpage

      Lmao what a cunt

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    • AFlow90

      I’m curious to see what has this kid so salty that he’s demanding proof, as if none of us here were with you for it.

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    • Omahacharts

      @whatsanoption

      You are exactly what is wrong with this industry, and to be honest our society as a whole. It’s apparent that you lack the emotional competency to take responsibility for your actions. Instead of making rational decisions on your own, you show up at a blog and cherry pick ideas from someone devoting his days to helping people learn a process, walking them through a trade from start to finish. It’s unfortunate that you are the type of person to assign blame to anyone else for your shortcomings. It is obvious from your post, that for you, this goes far beyond a single trade. At this point you have a decision to make. You can continue down this path of irresponsible behavior, failing to learn from someone giving you his time for free, or you can change that and progress, accept responsibility for your trade or personal situation and become someone able to make sound decisions on his own. I know which one of those paths will lead you to riches in life, but the only one who can choose said path is you. Next time you show up here and begin to type “ur a fraud don’t jerk yourself off in public, etc.. try something like “Jeff I admit I took your blog post to hear, went too big into a position I didn’t understand and am now strained because of it. Can you help me to learn where I went wrong or what I can do next time to ensure I don’t get involved in a highly emotional trade again?” Jeff is a master of the markets and I can almost guarantee that if you took the time to send him and email, he’d happily respond to something like that.

      Just something to consider.

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    • jahfari

      Is this for real?!? If you are not a paying member OA owes you absolutely nothing.

      You should be happy he offers any free advice to you at all…

      Then you call him a fraud? The guy has an uncanny ability to call bottoms in stocks, sectors, and markets. GFY.

      Thank you for all that you do OA. Fuck haters and remember that if you didn’t have them you wouldn’t be doing anything right. Ridiculous.

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    • JP

      paying member, realtime alerts… I am with him within 5 minutes of every trade he has made on this stock…

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  4. moonshot

    Look at that $SNAP erection in the daily chart. Dick pics FTW.

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  5. tonka

    I don’t want to get married to an idea…

    But when it crashes to the upside intraday, I think I might hold for a little while longer.

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  6. og

    My life has gotten much better after I stopped checking Stocktwits all the time.

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  7. no_logic

    Dat $CENX doh….

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  8. ahadbi

    hahahahaha

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  9. Omahacharts

    Not the path I would have chosen but to each their own.

    Good luck in all your endeavors.

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  10. ThomasJefferson

    Got my final piece today, and paid for an extra week, so at your leisure

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  11. Kyle Jensen

    When I saw the morning action in SNAP after watching AHWOA I literally bowed with both arms out at the screen. You sir nailed it. Absolutely nailed it. I’m coming for that time machine of yours.

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  12. trashman

    It’s too bad whatsanoption bought the top. That money could have gotten him out of his moms basement

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  13. formergeek

    The dog of all dogs barking again – $YGE

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    • Darren

      Noticed yesterday it had perked up a bit. JKS might be worth a watch as it coils up here if China solars are going to start to go. Have been going back and forth on the idea of grabbing some if it comes down 50 cents or so from here. Overhead profile is a bit hairy.

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  14. PartTimeLover

    name from the past
    YY rounding bottom looking good
    May?

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    • Darren

      Zoom out a bit. Big old wedge forming. Looks to be in the middle of the range here. Maybe wait for ~45 for an entry.

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  15. iguessitsallin

    of course a news come up talking about suspicious DAU pampering. FML.

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  16. brushfyah

    Insane action today in $SNAP. No idea what to do here.

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    • MSS

      I know. Looks terrible on an hourly chart, but on a daily it looks like nothing.

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  17. Matt R

    Not on point, but TGT’s dividend is starting to look interesting.

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  18. Shaboi

    I think SNAP has lost the eyeballs to TSLA.

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  19. vandamme

    VIPS here gentlemen?

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  20. AFlow90

    Lots of unfamiliar faces ’round these parts today. In order to fit in with the crowd I feel obligated to state my feelings:

    OH GOD, DO I PANIC HERE? WHY ARE YOU NOT PANICKING? SNAP IS DOWN HUNDREDS OF BASIS POINTS! ABANDON HOPE!

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  21. Krusty

    Maybe this news has an impact today?

    https://finance.yahoo.com/news/fired-snapchat-employee-wants-judge-173145393.html

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    • rwpage

      Doubtful, considering the guy isn’t exactly the beacon of integrity lol

      “…He claims in his lawsuit that he was hired away from Facebook so that Snap could gain confidential information about one of its main competitors…”

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  22. cascadia

    Who’s in on $SDLP? Let’s MAGA

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  23. dragun

    Still up on the trade. Over reached a bit last week with the weeklies. This trade is my $DB trade. The balance of the positions will work themselves out.

    Anyone blaming OA for their position sizing and losses needs to find a better hobby, clearly you can’t take ownership of your own actions. People always looking to blame someone else.

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  24. Aj

    Any thoughts on $GRUB?

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  25. vandamme

    SN set to rip

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  26. Husaria

    $GOOS and $NTNX

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  27. greenlander

    GLD117 May puts @1.24

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  28. Simon

    Probably nothing to develop, except for stating that SNAP idea is dead and best to salvage what is on the table. Might as well blame trolls…

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  29. mk

    Is there a Price target for BOX? Its busting loose

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  30. Krusty

    I believed in the SNAP-idea too, and I don’t blame OA anything. In the beginning, good money could be made with it, so no complaints here. I guess the pattern of SNAP was identical with those of other IPO’s in the past, but somewhere on this road SNAP turned out to be a whole different beast. It’s a bit like that Tarantino-movie: From Dusk Till Dawn. The first half makes you think: oh, this will be just another one of those kidnappers with hostages on the road-flick. So you prepare yourself for the predictable twists and turns that comes with this genre. And then, suddenly, it changes into a fucking vampire-movie and you go what the hell?!

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    • illmighty

      $TWTR had a mini flush of weak hands right before it set the shorts on fire…could be same scenario playing out with $SNAP right now or at least I hope so…my April calls are dying.

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      • Krusty

        Same here. To stick to the movie analogy: We have got a bleeder! 😉

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  31. Z

    Got a whole bunch of NVDA puts

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    • wiziwig

      Z can I ask what you picked up? Have been looking at dipping my toe into May 90s…

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  32. Simon

    I think it proves that markets are not so easy as to just copy another chart (TWTR) and put a price target (40) on it:))

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    • Option Addict

      Well, I am 3 for 4 with that analysis, so I’m sure you come from a stronger place of experience.

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    • tonka

      I’ve noticed the last few days I could have made quite a bit if I just bought every morning you said the trade was over. Maybe today will be different.

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  33. hattery

    CTRP,MDT,FLEX,MYGN winding tight

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  34. gatorsun

    SNAP looks great,,you adding to your paper trades now? get some TWLO too? the fraud continues

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    • Option Addict

      Get back to your microwave dinners and gunsmoke re-runs you old fuck.

      Funny you spent a decade here…means you are the dumbest asshole alive if you fell for it that long, eh?

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  35. Z

    I got 100 this week and 93 next week obviously at this point got them much cheaper than they are now. Probably still worth a play on the short side if entered soon.

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  36. zephler

    the only saving grace that I have, is that this is just a small hobby of mine – gotta hand it to those that actually make a living from it – wowzers.

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  37. TheHarper

    I like TRIP right here, right now. I’m going to buy some.

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  38. ahadbi

    smells like aversion here

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  39. doubleplus

    Straight down, no buyer. Out common.

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    • doubleplus

      20 day next to the sentiment chart has this potentially moving to mid 20s through aversion. Still holding a ton of calls, will relook common there.

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  40. Fhawk

    OA, where are you trading inside of Exodus? I don’t see it anywhere.

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  41. Solomon Bigglesworth III
    Solomon Bigglesworth III

    Nothing more than the dip and rip. A.k.a. shake n bake. Just doubled down on April calls. Stop whining and start managing your trades.

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  42. matt_bear

    any chance it plays out like the Facebook IPO instead?

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  43. shr1

    Dead or another opportunity to buy more?

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  44. mac1326

    Anyone making a play on GOOS or mule?

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  45. Angel of Death

    Lot of emotion on the blog today. If I’ve learned anything it’s that moves like this are made to induce you to trade emotionally. This is AHWOA 101. And right on queue you’re all bailing on the idea. Maybe SNAP is cursed, we shall see.

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    • no_logic

      Haven’t sold anything yet as I don’t think the trade is dead; look at the sentiment chart (aversion); it’s still following that script as the “aversion” usually requires that final flush, which it appears we are getting now (finally). You have to flush out weak longs before this thing can really go one way or another and it finally becomes tradable. It may be a costly but informative lesson for me given my investment size if this a true breakdown with no recovery in sight (which is my OWN fault and a lesson for MYSELF in risk mgmt), but when my emotion is telling me to sell right now (like everyone else), I’ve never been well-served by those decisions historically….GLTA, and it ticks me off to no end the amount of focus / flack on this trade OA has had to bear – it takes a lot to put ones self out there in the first place on a daily basis, knowing there will be tons of people following him on his trades…who the F else out there does this with the type of track record / historical returns OA has had?

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      • Angel of Death

        I hear you man. As an observer who doesn’t have as much skin in the game as you apparently do, today’s comments on the blog overall come off as desperate, pissed, negative, etc. So I’ll just sit back and let my remaining calls go to zero if that’s what the Stock Gods so deem.

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      • only

        My Aprils are still profitable. That’s what’s remarkable about the negativity on this trade.

        Whatever it is, I think it’s contagious. I’m less certain of a BIDU breakout than I was yesterday.

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  46. bushwacker2

    Some people just gotta play in the mud. Good luck to all so inclined.?

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  47. rwpage

    Have you seen some of the toxic shit being posted?

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  48. cascadia

    How does one NOT get long $VRX here?
    Ackman out, sub $10, squeezing on LT downtrend line.
    Clear eyes, full heart, can’t lose.

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    • Mensch

      Problem is that it looked that way at $17, 15, 14, etc. Something very broken deep within that one. Management doesn’t defend SP at all. Think the Tampa facility has been offline for about 9 months now. Can’t seem to sell assets and when they do it doesn’t hold gains past premarket. I could probably go on…

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      • cascadia

        The failed sale of the latest asset was acquired for $600m, VRX refused a sale at a $1b valuation. It’s not like the assets are turning to dust. This isn’t even about the intrinsic value of the company though, it’s about price action. This thing is battered and beaten to a pulp, everyone is fed up with it and cutting losses.
        That’s when I want to buy, when the sellers don’t even care what they can unload them for anymore (see Ackman, downward cost averaged out of it at $14.85 and $11). Everyone who has wanted out has now gotten out. We can finally go up from here.

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        • Mensch

          Ah yes you reminded me of Ackman. Can’t really get around him selling for 90+% percent loss. He had a seat on the board, I imagine he knows a lot more about what is going on than either of us.

          They did get good return on Dendreon and Cerave, but that won’t last if buyers start to smell blood.

          I hear what you are saying about capitulation, but it had two moves that look like it in March alone.

          Weren’t you and I talking about $GRAM not long ago? Did you buy? I stayed away from $ADPT, looks like a good decision for now.

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  49. Jim Liu

    OA

    For $SNAP, I think we may form the low here, nice turning point, need some bullish divergence for confirmation though.

    https://www.tradingview.com/chart/SNAP/ihmsxF3y-SNAP-1HR/

    What do you think?

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  50. velth

    Lol, this post is two words, +6000 views and will probably be +100 comments. Triggered? Popcorn did come out near the IPO price, far from settled though.

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  51. awanka

    Lol. Your trades are never boring, OA. I sold April this morning, and am holding onto March. It’s all the house’s money at this point. This warpig remains at your side.

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  52. MD!

    20.60 seems like the bottom to my eyes ( for this short interim down move if it even goes that low). Looks like it will soar past 24$ post that in the next 2-3 sessions. To my eyes OA youve picked the absolute near term bottom for this stock and that is just genius. Good Luck on this trade.

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