GBA PRESENTS- the public games

stonedinvestor said:
ALL RISE THE OPTION KING IS IN DA' HOUSE-

The set up is not perfect but I want to teach " The System " again to new viewers.
A) Have a name you have a decent feeling about going into earn.-

Don't like the insider selling*

Retail turning over. consumer pulling in.

Like I said not a perfect set up.

B) Buy just before earn at a discount on a down market day.


65.00
2.80
-0.70
-20.00% <------ Discount
2.95 <----- bid
3.10 <----ask
72
More...

$3.10 then, 1.70 now.
--->The option king has left the house.

Now let me teach you how you could have made this trade profitable.

1) Listen to Van in the minutes after the release with the knowledge he knows how to read a report and spot the things that could make it go up or down.


2)In that case you would have shorted it at $69, made $4, sold your call in the first hour for $2.50, a $0.60 loss on it, covered your short and walked away with $3.40 per share (~5%)

Or having done that, and you still believe it will go up next week, keep the call open. Then you're still in the long trade with 21 days to go and you make money north of $67.50.

3) In the rare case Van was wrong, but you still listened and did what he said, but SKX kept going beyond $69 and say it went to $80 today... Shorting at $69 basically locked $1(+ premium) in gains on your call. Sure your short would be $11 underwater but your calls would be worth probably about $16 (assuming a $1 premium). Flatten out and you'd be up ($16-$3.10) - $11 ---> $1.90 or 61.2%.

Now granted that's a far cry from the 400% you'd be up had you not shorted it, but basically you just made a 100% risk free trade locking in the gain on your option when the retail players were buying the stock in the after hours above your break even price, even though you can't sell it in the after hours.

See how that works?
Probably not. :rolleyes:
 
stonedinvestor said:
I want to import the most recent watch list ideas we had: I 'll go in depth on the names again in case any new viewers missed the reasoning...

Again please don't just blurt out names YOU MUST MAKE AN ARGUMENT// HAVE A THESIS AND GIVE A PITCH.You can at least do that if you are not buying the stock. Those ideas that qualify I will track and offer competing ideas similar.

It's a thumbs up / thumbs down set up like the old days.



1>GFS GlobalFoundries Inc.

$55.38-0.12(-0.22%)

2>STRL Sterling Infrastructure, Inc.

$120.76 +4.74(+4.09%)

3>CWEN Clearway Energy, Inc.

$25.99 +0.76(+3.01%)

4>VRRM Verra Mobility Corporation

$30.80 +0.76(+2.53%)

5>TWST Twist Bioscience Corporation

$54.94 +1.04(+1.92%)
More...




You could argue July has been a bad month for these chip stks. And GFS had it's bad before that... so $50 beginning of the month is $51 now. when does under performance become relative strength?


GFS GlobalFoundries Inc.

$51.75 0.81(+1.59%)4:00 PM 07/26/24
NASDAQ |$USD |Post-Market:$52.04+0.29(+0.56%)4:46 PM
 
stonedinvestor said:
GBA Upgrade Buy-->STRL Sterling Infrastructure, Inc.
This had a great move from $100 to $125 divide by 2 and you pretty much get where we are now. this is also good 1 month support. This $111 area is our Buy Zone!


$112.31-0.78 (-0.69%)10:35 AM 07/25/24
NASDAQ | $USD | Realtime
More...






STRLSterling Infrastructure, Inc.

$115.285.22(+4.74%)3:59 PM 07/26/24
NASDAQ |$USD |Post-Market:$118.90+3.62(+3.14%)5:10 PM
 
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