The Top: Google buys Nest Labs

[kinggyppo]

omfg whatsapp purchase. Makes the millennial-bubble look rational. FB a short at $70. I will start to lean on this b*tch.

here you go risk, get out your handkerchief!


http://www.forbes.com/sites/parmyol...-whatsapp-into-facebooks-new-19-billion-baby/

 

[drownpruf]

are you playing PCLN? 100+ vol and $77 expected move, should beat earnings today.

 

[drownpruf]

I'll be shorting EXPE and TRIP at the open (unless pre-mkt gaps lower).

 

[drownpruf]

High prob. that PCLN gets crushed tomorrow. 70% likelihood that it closes the day under 1306 (last).

 

[kinggyppo]

High prob. that PCLN gets crushed tomorrow. 70% likelihood that it closes the day under 1306 (last).

quite the dud, selling vol worked in there worked this time.

 

[drownpruf]

Mkt is a short here. Small short here from ES 38.25 and will short in earnest in products tomorrow.

 

[drownpruf]

38 vol-line in March, so it's really not out of the ordinary. Ppl look at the weeklies and see the synth-vol and assume it's a sale, but is there ever a price to sell into earnings? They could be down $200 on a miss. Risk is asym to the downside. I would probably look to the Mar serial 1100/1250/1400 at 56-risk, but play like a 3-10 lot max. I am probably going to play it in that size. Nothing beyond a ten-lot.

62 last, up over 10% from entry. I'm looking for 65 before covering.

 

[drownpruf]

I'll be shorting EXPE and TRIP at the open (unless pre-mkt gaps lower).

I was on the road early and missed these, FB as well. Looking for short entries on the three tickers. FB especially as I already have exposure to the online travel in the earnings fly.

 

[drownpruf]

My reco for FB for the following week. 63.5/68/72.5 put fly for Feb28. It's 2.02 mid here. 2.05 would fill immed. I am short D in another fly, but prefer the one below. I am also short spot from 69.22 and will trade into a synth fly next week.

 

[drownpruf]

Mkt is a short here. Small short here from ES 38.25 and will short in earnest in products tomorrow.

Up a couple pts here. I intend on converting this as well. No plans to do so until we touch 1825. Short PCLN, FB, ES. I am short 6.5k SPX deltas (beta-w) in products.