My trades

I've got about $30k in cash left in this $148k account and I'm thinking of putting it all into AMZN here. I know I have $63k exposure in AMZN now with that big unrealized gain, but I feel like it's not enough especially on this run AMZN is having. BTW smallfil, I thought RUN might dip back staying under at that 50-day ma. Good hold.
 
I've started adding CRM Sep $150 calls here. The earning report was consistent with the last few quarters and CRM is trading in that pattern where it opens lower, touches a low, and then starts to rebound. I like the trade here holding it for a couple of weeks where I'm looking for something above $155.
 
optionsinvestor said:
I've got about $30k in cash left in this $148k account and I'm thinking of putting it all into AMZN here. I know I have $63k exposure in AMZN now with that big unrealized gain, but I feel like it's not enough especially on this run AMZN is having. BTW smallfil, I thought RUN might dip back staying under at that 50-day ma. Good hold.
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Don't blame you. AMZN has been going on a tear. Probably, worth the risk.
 
I had to adjust positions in light of the headline. I'm fully out of AMZN now and I locked in profits in SQ too. I took the loss on JPM calls too, and also decided on taking in small gains on ETSY here. If there ever was a reason to lock in profits for these short term trades, this was it.

I still want to be in that run on AMZN to $1T, but I'll let the market digest the news first and then re-evaluate AMZN tomorrow morning. I rather lock in the gains from this morning. On the AMZN position, I took a gain of $9.9k on the AMZN Sep 7 $2000 calls and a loss of -$3.9k on the AMZN Aug 31 $2020 calls. Not exactly my plan, but I'll take it for now.
 
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optionsinvestor said:
I've added more LULU positions here using LULU Aug 31 $145 calls. This puts my risk up over $8k now. I feel that the account is high enough where I can weather the entire loss if necessary on LULU. .
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Nice play on LULU.
This thread belongs in the ET Hall of Fame.
Incredible.
 
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optionsinvestor said:
Thanks, I went in heavy about 14 calls just under $20.50 avg price on those AMZN Sep 7 $2000 calls. I've got tunnel vision on this one. Nothing but $2050 is on my mind. I think we hit $1T soon, but I've given myself some room for error. If I didn't see any errors, I'd have gone with tomorrow's $2000 calls. Also, nice call on NVDA calls jumping back into it even after the dip. My concentration is on AMZN and SQ right now, so I didn't even take a second look at NVDA yesterday. Hope those NVDA calls payoff, because I saw NVDA above $280 this morning.

I've started adding AMZN Aug 31 $2020 calls around $11. I'm going to see if AMZN does hit $2050 by end of day or tomorrow morning. If it hits $2050, then I'll get a 3:1 return. If not, I'll take the total loss. I'm in $9300 on these calls. I'll take a total loss on these if $2050 doesn't happen by tomorrow.
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You edited your fill price on the 2020C at $11. This thread is a joke. Satire.
 
vanzandt said:
Nice play on LULU.
This thread belongs in the ET Hall of Fame.
Incredible.
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Thanks vanz, that LULU was almost like clockwork from 3 months ago. I'm just hoping it has a 10% gap tomorrow. I'll need something above $148 to really see any gains. SQ was the one the waited to have a reason to sell, and it looks like Trump came out ahead of his usual Friday morning. I also took out the ETSY calls too locking in $800 on that trade while the SQ 75 calls gave me just under $10k. I was hoping for a +300% return, but it came to +274% for that 2 week ride.

I want to see NTAP hit my target before I close out. That CRM Sep 150 call I set up ahead of the headline's not looking good right now. We'll see if that pattern plays out and CRM comes around. Only the CMG puts benefited on the afternoon selling. I want to get back into AMZN tomorrow and ride it above $2050. I've got a feeling we could see something more like what AAPL did when it broke above that $1T mark. That'll be my entry tomorrow once the market digest everything.
 
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