Ad astra per aspera...
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The ones that expire today? Yes risky. I'm going for next week's
PCLN 450!
PCLN: Great article jimmybob. Couldn't agree more! I already posted the previous bounce-call on this POS and now it looks like it's time again: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69965369
I loaded the Dec23 (495) Calls @ .32 with $1210.00 so far, might load some more today if it consolidates more.
Usually it has 2 days of bottom formation. Yesterday could've been the day 1, today could be day 2 if it doesn't already bounce a lot. But i think the real fun will start next week.
PCLN was 550 just few weeks ago on ER's, what changed since then? Nothing. It's just a typical chart pattern stock. Bounces from 440 levels to 550 and vice versa.
OK I'm rooting for Santa until X-mas. Let's have the markets rip like full retard.
Weeeeeeeeeeeeeee
AMWI: Amazing, from 1.40 to .09 in a couple days. Congrats to those who banked on this pump though. The rest I can't feel sorry for because, well it's a P&D :) You gotta know that when you play these.
PCLN breaking out now??? Nice spike!!!! Let's go puppy almost in 450's!
SPY: The last couple Fridays I can remember the SPY has always been pumped up and closed very green. I assume we'll see green tomorrow again. Unless S&P decides to officially downgrade France tomorrow.
Depends. One never knows when the next little pump comes. But S&P also is about to downgrade France very soon I think.
Question to you again, Sir: Why are you so stubborn about only trading it one way (long via Calls and no Puts)? Make $$$ both ways.
lol. Well we said many times it's best to trade the markets as they come and try to rely on the 1-hr chart instead of hoping the "Santa Rally" will come.
There's too much BS going on at the moment in the world markets/ financial system for there to be smooth market conditions.
Don't give up. Maybe just do some paper-trading of Options for a little bit before going in with real $
This market is pure dog shit if your a long. I'm thinking about going back into the pennies...
PCLN: Starting to bounce nicely :) I have now almost 40 Contracts @ average of .32 (495 Dec Quarterly Calls) or 1210.00 cost. Bidding for more at .20 but I doubt i'll get them. I'll probably get them tomorrow as it might dip/ consolidate some more. But you never know.
PCLN: Got filled @ .30 for more, now bidding @ .20 (Dec Quarterly 495 Calls)
PCLN: Got a first starter of Dec4 Quarterly Calls @ .35. Bidding for more @ .30 and willing to avg down tomorrow if necessary as it's not always easy to predict exact bottom.
Holding for next week.
GOOG: Averaged to .55 before on my 605 Dec W Puts. Will hold overnight as lotto this time.
GOOG: Back in $GOOG 605 Puts @ .60
SPY: that was a big BS gap this AM
SPY: lol what a schizophrenic mess!
Nitwit, when are you gonna gift me an iHub subscription so i can continue posting sexy ladies in the MENS ROOM? :)
Made some nice coin yesterday selling my NFLX Puts for profit and flipping SPY + GOOG but shouldn't have entered GOOG Puts again EOD and trusted the 30min/ 1-hr chart for a bounce.
I guess I was expecting some more SPY doom today due to imminent S&P downgrade of France
Jimmybob, you still holding NFLX Dec 85 Calls? Or did you get rid of them?
SPY: Broke under the ma50 - Could get really nasty. There's also a gap in 117's. But the one to 121 isn't yet closed completely.
GMCR ooopsies, carnage.
Well done! I'm holding GOOG 600 Puts at avg of .60 now, will sell in about 30min to 1hr - GOOG 1hr chart has more room to fall.
SANTA RALLY?
GOOG bought some Dec 600 Puts @ .70 for volatilty. (EDIT: Averaged down to .60) - Shoulda waited a little.
NFLX: just sold my 121 Dec Puts @ 1.01 (from .56) almost 100%! Had a crappy average though. Shoulda waited 1 day and coulda had the low .20's :)
NFLX: Is The SEC Investigating Netflix?: http://www.zerohedge.com/news/sec-investigating-netflix
NFLX FALLING UNDER 70!!! lol! Stupid buyout pump is over!
NFLX loool almost under 70 #FLUSHTHATTURD
SPY/ EUR: S&P to downgrade France today apparently. Expect more doom :) No Santa Rally, sorry kids. Or learn how to make $ both ways ;)
SPY: No Santa Rally, sorry Mikey. It seemed you put too much hope into that, maybe that's why? With all the BS going on its much better to trade both ways on the 1-hr chart. Up or down, who cares how you make the $.
And no worries, we all make losses and have bad days, even those who only ever post and brag with gains :)
As for SPY: it looks like here comes the 121 gap close I was talking about. Looks like either today or tomorrow on this chart correction. There's even a gap in 117's but I don't know if that one will get filled too before Xmas. I expect the markets to bounce back a little next week.
Good luck and come back soon
NFLX: that drop was nice and as I expected with this fake buyout rumor pump ;)
Even though I got a bad average the other day (coulda gotten in low .20's instead .50's) I hope to get a 100% on my Puts today :)
I used to slam you when we both were still wrestlers in the WWF
SPY: What happened to Santa again?
AMZN yikes
GMCR yikes
more to it then that, what? This pop was because of the pump rumors. Now they're being denied by Verizon. So what gives?