Search results

Closed out 1/2 of the COP May 60 calls today locking in +1260 in gains. I want to add other oil stocks that just broke out of patterns the past 2 days. We'll see if I can get a good price on those.

Well, what a day. Locked in gains on NFLX 330 calls for +2270 (4.35 to just above 10 avging out). I still wanted to stay in NFLX, but the move is too strong and I wanted lower risk. So I adjusted buy selling those 330 calls and getting the Apr 340 calls at 4.15. Looks like I've come full circle...

Locked in loss in GS at -240. Locked in gain on the NFLX 320/340 call spread at +1430. I also expect to take full loss on DKS at -707. Overall, I'll call it a wash. I still have the oil trade and I'm going to add to oil stocks taking on new breakouts from other energy stocks that are just...

Nothing much today. I've closed the FB calls for a loss taking another loss. Also set up the call spread on NFLX using short 340 calls against my 320 calls. I did add more GS 262.5 calls slashing my cost down by nearly half. I'm also tempted to close out the HESS and COP positions, but those two...

Well, we seem to be running a bit more smoothly the last two days. I added GS Apr 262.5 calls ahead of JPM's report this morning, and GS itself does have its earning report early next week. Also added the NFLX Apr 320 calls ahead of its report last week. Both are looking good so far. I'm ready...

I feel we're getting to that point Jeff. The only thing holding us back is that interest rates are still too low. If we do get 7 rate hikes over the next 2 years, then we could be very close to at least a recession. For today, I added FB Apr 165 calls at 4.73 avg. I'm looking for FB to hit 172...

Nothing new today, was tempted to try FB but too much volatility today. Instead, I watched the oil sector move higher almost like it's the new leader in this market. That's how it felt like for the oil positions I held today. Aside from HES and COP both breaking out of bases, there were a few...

These short term trades are killing me. I'm switching to long term that is working right now, and that is the oil sector. Added COP after watching it on cnbc. I already have HES, but I wanted a little more exposure in oil since nothing else seems to be working for more than 2 days. Bought COP...

Well, this correction hasn't been helping much. As for the MULE trade, I find that you don't need to subscribe to crazy newsletters to find this kind of rumor. I use cnbc. It's practically free if you have schwab, but I've got spectrum cable and have it there too. It always starts as rumors, and...

I added FB Apr wk2 160 call this morning at avg 3.10 price. Still holding NFLX and if it hits $300, I'll be looking to exit. Either way, I'll exit at end of day as those options expire today. AS for FB, I'll look for $165 by Tuesday. If that doesn't happen, I'm out either way by Tuesday afternoon.

I finished last quarter with $36800. Carried over 2 positions that I'm still holding (HES May 50 calls and DKS Apr 35 calls). I've seen both swing from big losses back to near break even. The HES is actually showing a nice gain of +600 now. As for the BA 325 calls I added yesterday, they have...

Took some losses getting out of MSFT and NFLX calls today on the drop in trade wars. Right now, short term small positions are the only way to play this market. I'm testing that using BA weekly 325 calls at 3.10 avg to see if momentum carries BA back to $330. Again small positions using 2 calls...

Looks like I missed an entire selling day yesterday with the SP500 breaking below that 200-day ma. I still hold all the positions I had on Friday through yesterday. I'm adding NFLX 300 calls this morning, but closing out the JPM calls. Still no real news on NFLX, but that one keeps falling in...

That's true Jeff. I've been shortening my positions from 2 weeks to 1 week to just days and even intraday. It'd be interesting to see how long the VIX tend to stay above 16 during these periods of increased volatility. I know we've had quite a few since 2000. I know one period of volatility is...

I used to look at IV and compare it to the stock's historical vol. I'm not sure if you have ever tried some of the tools in Optionsxpress.com, but they had great calculators for this stuff. (OX was taken over by schwab and I haven't looked at schwab's entire platform to see if there is something...

Added to msft calls for a total risk of -1000. I'm also going to shorten my trades for the next 2 weeks. If the stock hits my target, I'm going to close the position. I had a target for FB at 162 (closed early), and have an initial target of 92-92.5 for msft. I'll hold that one into Monday and...

I swear, I try not to day trade these options, but FB calls from 3.43 to 4.90 and I can't help but close this trade for a day trade. All out of the 10 calls at 4.65 avg. can't leave this profit out there with that much risk in the market right now.

Added msft apr wk1 90 calls on that news. We'll see how this one plays out into next week too. I've also added into fb calls on every weakness opportunity so far.

I added FB Apr wk1 157.5 calls today. I tried to get into AMZN and NFLX all day yesterday, but price action showed no bounce at all. Then we get the Trump news this morning and AMZN is now down -43 pts below 1400. Thought I'd close out this quarter at 40K, but it looks like it will be closer to...

This is some huge mispricing here in the nasdaq. There's no way AMZN and NFLX drop that far. I'm adding both this morning. I'll be looking at Apr wk1 calls for these positions. Also took the time to exit CAT 150 puts this morning. Just time to get out with expiration tomorrow.