Buying AMZN and shorting CAT today (10/4/2017)

vanzandt · Oct 24, 2017

777 said:
I would prefer to be long Cat into the earnings as the probabilitis and EV favor (in my opinion) the continued bullish hopes of a good earnings release; possibly short on the release. Amazon; well I would not mind adding it to a long-term portfolio.

Good luck.

You called that one trip-7...
Haji's gettin slaughtered on CAT. Damn
Some of these blue-chips are moving like fang stocks.

maxinger · Oct 24, 2017

hajimow said:
I initiated a big position on AMZN (962) and increased my short position on CAT (127). Let's see how it goes. Do not follow my trades if you do not know what you are doing and how to handle short position and possible loss. Time span is one week.

Indeed it is a complex spread trade which I don't understand.

hajimow · Oct 24, 2017

You guys are digging the old posts and trying to figure out how I am doing. As I posted the time span for that trade was one week. Also I mentioned you won't understand how I handle the shorts. And now about CAT.
This is what usually happens at the end of a bull cycle. General market (S&P) does not move as individual stocks and big institutions try to manipulate stocks temporarily . A week ago was IBM and today is CAT and MMM. See what happened to IBM. It went up $16 for beating the estimate by 2 cents and declining revenue. I have cut and pasted CAT report which came out today. I will shut up and you tell me what is the justification for $8 up after being already up $30 for no reason in the last couple of months.

hajimow · Oct 24, 2017

Now is the time to short COST.

hajimow · Oct 24, 2017

You see CAT has declining profit and declining assets and declining Retail New business Volume. Revenue is up only 3% after being slaughtered for many quarters.

hajimow · Oct 24, 2017

Please be my guest and buy CAT at this level and I promise your ass will be grilled soon and delivered to you on a silver plate.

hajimow · Oct 24, 2017

vanzandt said:
You called that one trip-7...
Some of these blue-chips are moving like fang stocks.

That is one of the signs of end of bull market. Extreme volatility in limited stocks. Down volume on 80% of stocks compared to their average volume.

hajimow · Oct 25, 2017

Anyone shorting CAT at this level now? why not? Don't you like money? Don't you believe in correction? Did you ever read CAT''s quarterly report?

Nine_Ender · Oct 27, 2017

hajimow said:
You guys are digging the old posts and trying to figure out how I am doing. As I posted the time span for that trade was one week. Also I mentioned you won't understand how I handle the shorts. And now about CAT.
This is what usually happens at the end of a bull cycle. General market (S&P) does not move as individual stocks and big institutions try to manipulate stocks temporarily . A week ago was IBM and today is CAT and MMM. See what happened to IBM. It went up $16 for beating the estimate by 2 cents and declining revenue. I have cut and pasted CAT report which came out today. I will shut up and you tell me what is the justification for $8 up after being already up $30 for no reason in the last couple of months.View attachment 179008

Yes, there is a lot of noise in your posts. However, this was your most important post this week :

hajimow said:
My prediction is that AMZN will close at $980 on Friday 10/27. Sell Call and PUT for the strike price of $980

Unless your size was tiny on this trade, it's going to hurt ( looked it up; the calls are up 653% at the moment ). Those of us who have traded near month options know the nature of this kind of trading. I'm not sure that you are fully aware of the risks, you seem overconfident and that may hurt your net value moving forward more then your inability to properly analyze companies like CAT and MCD.

Nevertheless, it's your money and you are free to do whatever you want with it and gamble if need be. Just don't pretend your calls on stock direction on here have been good. They have been bad. MCD and CAT for example. I'd hate to see how confident you would be if you actually called one of these correctly.

hajimow · Oct 27, 2017

Nine_Ender said:
Yes, there is a lot of noise in your posts. However, this was your most important post this week :

Unless your size was tiny on this trade, it's going to hurt ( looked it up; the calls are up 653% at the moment ). Those of us who have traded near month options know the nature of this kind of trading. I'm not sure that you are fully aware of the risks, you seem overconfident and that may hurt your net value moving forward more then your inability to properly analyze companies like CAT and MCD.

Nevertheless, it's your money and you are free to do whatever you want with it and gamble if need be. Just don't pretend your calls on stock direction on here have been good. They have been bad. MCD and CAT for example. I'd hate to see how confident you would be if you actually called one of these correctly.

I have always said, it is difficult to trade like me. I have given you many examples and I will give you another one. I sold PUT 140 and Call 150 on IBM before the earnings. IBM shot to over 162 after earnings. Did I panic? Hell no. Did I cover? hell no. I shot my 150 call to 2x 155 Call with more credit and this week 155 Calls will expire worthless and I will get out as champion. My account is loaded with CAT puts that expired and will expire worthless. If I knew that AMZN would go to 1100, I would not have done that trade but now I have ways to get out of that bad trade with profit. On MCD, I already said I got out at 120 even over a year ago.
By the way if you are so confident that I am not confident in my calls, why don't you invert my calls and make a killing? I am helping you with my calls.