/b bought $TLT 120 weekly puts at .29 area OVERSIZED this was the one we have as a hedge against bullish bets for incase the markets are strong.
/b bought $TLT 120 weekly puts at .29 area OVERSIZED this was the one we have as a hedge against bullish bets for incase the markets are strong.
read moreThe Week in Crayons
While the week began on a positive note as we pushed higher on the broad market indexes, the widespread selling that marred the end of the week now leaves us dangerously close to the support that was painstakingly developed during the early part of April. Despite the extremely weak action we saw on Friday, we remain in a consolidation phase until our current range is negated. A critical third test of the bottom of this range will likely arrive early next week and traders should watch for price action to confirm whether or not we are likely to...
read moreThe Week in Crayons
After selling off for almost a month, the markets finally rebounded this week bouncing firmly higher off of the backs of some strong earnings reports by companies such as Amazon and Apple Computers. While the threat of a steeper correction was looking likely last week, this week’s bullish action has probably pushed us past that scenario and into one where we likely retest our yearly highs in the near term. The recent selling bout was the first correction of any substance we have had since rallying out of our last area of consolidation...
read moreDo you need a Trading Mentor and How to get 1 hour Free Mentoring with @stockguy22 ?
Do you need a Trading Mentor and How to get 1 hour Free Mentoring with @stockguy22 ? I can’t believe I’ve been on twitter for over 3 years http://twbirthday.com/stockguy22/ since Aug 8th , 2009. Some of you may have been following me for 1 day or a full 3 years but I’m so great full to see that in such a short time my twitter followers have grown to over 50,000 traders and spam bots. I’m not sure how @jimmyfallon is my Godfather but he’s pretty funny so I didn’t mind and made me laugh to actually...
read moreselling 1/2 of the $AAPL 620 butterfly at .52 area from .20-.25 so over 100% profit
/s selling 1/2 of the $AAPL 620 butterfly at .52 area from .20-.25 so over 100% profit. also shorting $GOOG 620 weekly calls at 1.30-1.20 same contract amount as our long 615 and 605. by the way huge smiles on $GOOG.
read morebought $AAPL 610 calls at 1.70-.74 OVERSIZED high high risk and also high reward if we bounce
/b bought $AAPL 610 calls at 1.70-.74 OVERSIZED high high risk and also high reward if we bounce. If we start ovine bellow 603 on $AAPL then would take a quick loss on this play
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