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I closed out more of my weaker positions this morning. ROKU got hit on an AMZN news and I closed that position this morning. I also closed out BABA's Aug 31 $180 calls for a loss and also let go of KSS Sep $80 calls. Took a net loss on all three at -$3300. I'm back to heavy cash at $80k vs. $38k...

Thanks, I checked on AMZN this morning and apparently I'm not as crazy as other option traders. If AMZN opens here at 1959, I left $18k in the market just on this trade. I still have emotions in play at times, and my goal is to remove as much as the emotion as I can. Smallfil, I saw that on...

That might turn out to be a nice exit on your AMD calls yesterday. I took the rest of AMZN out today locking in a total of +$11.6k on the AMZN trade. I thought about getting out of ETSY and TJX, but held off as the market didn't evaporate. It looks like resistance at 2900 starting to form, and...

First thing I did this morning was locking in most of AMZN's profits. I went down from 12 to 3 calls now. That gave me a net gain of +$9300 so far on the AMZN Aug 31 $1920 calls. I'll keep the last 3 on a tight leash. I was also stopped out of NFLX and closed out NVDA Aug 31 $270 calls. I didn't...

If the SP500 is doing this 3-4 momentum run, then we'll have another 1-2 days left. I don't know if there's enough to push through 2900 and hold. That'll be my only issue. I thought from 2875 to 2900 would take a week or slow, but I guess the SP500 decided it only needed 1 day. Every time the...

What an ending to BABA. I was trying to lower my risk heading into the close, but I ended up with more risk in the market than I started with. That BABA really moved in the end there. I am still looking for $185 to finish the week. I think it runs back to last week's post earning high. As for...

Looks like I got a chance to avg down on NFLX 375 calls from $7 down to $4.90. BABA's dip 30 mins ago also gave me a chance to start the position lower than it is right now, and I've had to avg up on JPM Sep $115 calls starting at $3.15 so far.

I have started 2 new positions. Adding a quick trade on BABA Aug 31 $180 calls right around $2.00 here and I'll continue as BABA dips to $178 (at least that's where I hope it finds support). I'm also adding JPM Sep $115 calls and I'll continue to add this one throughout the day. I like the...

Yep, today doesn't seem to be a day to close out tech. Retails are taking a bit of a breather here though as more of my retail positions are slightly red after a green start. I was too heavy in retail and took this chance to weed out the weak ones. I closed out ROST 95 calls for a loss -650. I...

Looks like I got lucky again on NFLX. If this holds, those NFLX $350 calls should be heading towards +300% soon. I only had $3500 risk in it to start, so it's not as big. I need AMZN's Aug 1920 calls to move this week to make the gains. I've avg down to a risk of $17.8k on that position now with...

That's no problem. I write down my trades so I can remind myself to hold these winners longer and cut losers faster. I read back every other week and I can see that I still have the tendency to lock in gains too fast. I'm going to read this week's trade on TJX and I'll see that I closed the...

I've avg down on AMZN the entire day and have created a $17.8k position on AMZN's Aug wk5 1920 calls with the avg at $14.84. I'm still looking for that bounce on AMZN. NFLX is up to a gain of 96% now with the 350 calls at $11.60 at last check. The NVDA calls from yesterday is also near highs up...

That NFLX trade this morning is showing a 60% gain already. Thanks for the charts Jeff, and looks like that SP500 has powered back and is now pushing through to new highs. We're at 2875, I wouldn't count out 2900 in 2 weeks possibly heading into the week of Labor day. It looks like the push to...

I do like the markets here. I've added NFLX Aug wk5 $350 calls and LULU Aug wk5 $140 calls here. LULU has earnings next week (I'll have to double check that date), but NFLX is a pure break from its 20-day ma momentum run. I watched NFLX test $340 into the close last night, and the bounce right...

Took out FL for a loss of -2400. That took back a chunk of my WSM gains. I will keep ROST here though. Going to also hold the rest through the weekend, and I'm still betting on the SP500 breaking through the highs, so I'm looking at positions to take advantage of that move. Positions holding...

I saw that divergence all day today. The Sp500 held up because large cap tech stocks did falter like the industrials in the DOW index. This is going to be a pull/push kind of week. I'm leaning on the side of the bulls for now. I'm heavy in retail positions (ETSY, ROST, KSS, TJX, and FL) although...

That was a wild swing in a fairly steady market. I'm heavy again though, added about $17k into the market, most on AMZN, ROKU, and NVDA. I want to see the SP500 bounce right back to those highs again. One thing I noticed in that drop at 11AM was that retail stocks didn't really follow. Most held...

I'm going to get back into NVDA. I know I took a -3400 loss on this earning trade just last week, but that momentum is there. I believe NVDA breaks $270 and runs. I've already started a position in NVDA Aug wk5 $270 calls. I'm also back into AMZN using AMZN Aug wk5 $1920 calls and the position...

Thanks vanz, I've been adding a bit more new positions here this morning. Started adding FL Sep 52.5 calls and ROST Sep 95 calls both earnings play. I'm practically using WSM's profits on these trades. In addition, I'm adding ROKU Sep 60 calls playing this on a momentum. I might be a little late...

The DOW opened lower this morning, so it's below your gray line, but SP500 and Nasdaq are leading. FANG's back in play with AMZN testing highs again. I'm too heavy in retail right now to add, but I'll look to jump back into FANGs. I did close out the WSM trade locking in +$3870 on that trade...