YES!!!!

Welcome back. I will text you so you got my number again

Howie

Hey Kraigger... I will text you tomorrow to say hey and ensure you have my number. Futures look like some red to start the week

Hello Old Friend! Good to see you are still alive and kicking! I've missed you and our weekly conversations. Would love to trade with you some more when you get back into it. I haven't been on iHub too much since you stepped away. But I'm ready to start contributing to this board again when you are....

I want you to know that I still use our techniques everyday. And even have learned some new tricks. My account is healthy and alive and well.

You have my number if you wanna text me and chat.

Happy Easter

Evening everyone! I've been busy with work the past few weeks. Traded very little. Gonna have some time this week though so I'm looking forward to it!

Hey guys... I was out all day. Just saw this...

Kraigger... That is awful man. Obviously you traded your way and just had some awful luck. Would've made a killing if you held those calls. But we never play the woulda shoulda game. On to the next...

Chipotle and their damn "Black Swan" events. Will get even the best traders to drop some F Bombs and pound their desks...

Morning nights! Everyone as excited as I am that August is over? Ready to have some VOLATILITY!

I am as well HH. Seeing how the session went on Friday I don't think this market is going to all time highs. I actually think it's time for a 5-10% correction. You can see it in the daily SPY and NDX charts. In my opinion, and only my opinion, I think we see more of the up/down/up/down sideways chop for about 2 weeks. Then when those DAILY MACD's cross center line we are gonna see a bloody week that is gonna take that correction off in one week. At least that is the move I'm watching and playing for. Because I want to be in the puts when we get that 200-400 point NDX drop in one week...

Great trade Danny! More than a double! Good job

Thanks HH... Things are starting to slow down and become clearer for me. I'm seeing things I didn't before and being able to apply them.

I told you guys last week I learned how to crawl. These next weeks the focus is walking. When I learn how to walk and start running... Watch out lol

Plus, I'm hoping to pick up the chatter on the board here. Would love to see a few traders sharing trades and ideas to make us all better

I'm not gonna play due to a lot of things on my plate this afternoon. But keep an eye on REGN. The bounce might have just been relief and it might crack 390 and drop like a rock..

Like I said, I'm not in. But if I had time I would be strongly considering those weekly 390p @3.60-3.80ish

Sold 2 of my 3 REGN 395p @10.50 from 6.60

Riding last contract for the big drop

Morning Kraigger. Morning all...

Hey Danny! Quite the contrary! I actually picked up 2 more contracts around 401 this morning as I have 3 at 6.60 average. I would like to offload 1 at 10 but this 395 area is tough to crack. Looking at all the charts from Daily-15min I think there is considerable downside still to come. That 50MA AT 391.78 is screaming to be tested

Morning everyone! Looks like it's gonna be another quiet day in the market. Open looks flat

Not sure if anyone in here followed me on this since 1 more contract got bought at the same price a few minutes after mine... But you gotta love this EOD action and setup for tomorrow... I'm still relatively new and I wouldn't follow me just yet. But I'm pretty confident REGN is gonna get POUNDED tomorrow!

Looking good right now. Chart is setting up exactly how I want it. As long as we don't see an EOD buying spree this should be ready to rumble tomorrow!

IN REGN next week 395p @6.66... Price is creepy. But I do wanna see it bleed so... Lol

Only 1 contract right now. Gonna play this one conservative and save some dough if it loses premium. Want to spend about 1000 total. No more than 1300...

Good morning HH. Good morning everyone

Hey Vegas... Thanks for the PM. I need to upgrade again so I can PM you back.

I truly am starting to see things I didn't before. I'm am not only seeing potential trades better but seeing them develop.

There is a saying "Crawl Before you Walk. Walk before you Run. And Run before you FLY!"

This week I learned how to crawl...

Next week we are gonna focus on walking lol

Thanks HH... You still actively trading? Don't see you around these parts much anymore sir

Learned 2 valuable lessons today.

Number one. Wait for the move to happen. I was right in the PCLN drop. But I ANTICIPATED the move and entered too early. When I realized my error I averaged down knowing it was gonna happen. And it did and by averaging down I got out even. Only lost commission. Feeling really good about that!

Number two. BE PATIENT! Kraigger you preach this but rarely do we follow. Today I was patient. Was down 75% at one point but was confident that it was only because I was early and Friday premiums crushed me. But I stayed with the trade because the chart said I was right. And I was rewarded with my most valuable lesson to date. I about lost my mind watching it. But I'm glad I did it

Look at PCLN.

In 1412.50p. 4@3.00

Whole market took a dump lol

Did you buy those ITM already? What price did you get boss?

Morning guys! TGIF time!

REGN... Wow. Unbelievable trade my friend. Such a monster. Disappointed I wasn't in with you but stoked that I got to learn. You are correct about CMG. Did exactly what you told me it would.

I appreciate all the lessons. Trust in the fact they are being learned and followed.

You find anything for EOD and open tomorrow? I know you had mentioned trying to find some PUTS

Yeah... Selling is the way to go if you've got capital because you can capitalize on Premium Burn. But I wouldn't dip my toes in those waters until I had a lot of practice. Very risky for the inexperienced

Didn't post but exited these at 1.00 way earlier. They went to 1.55 but oh well. 30% is 30% and I have a lot to do today lol

Great trade Danny! Profits are profits man! I as well exited NFLX too early myself. I took my 30% gain when it got there and never looked back. Left a lot on the table but was worried about premium burn and did not want to hold any call positions going into this Yellen speech tomorrow. I am normally wrong with these market moving events but there is just some part of me that thinks she will be hawkish about a rate increase and we see a pretty serious tumble. Who knows. But that is my 2 cents lol

In some NFLX 97c. 13@.77 avg

Morning boss... Looks like a red open.

Whatcha got on your watch list today? I watching CMG like a hawk for some PUTS

15 min histo cross with the MACD it self dropping. RSI was overbought and dropping. Slow STO dropping. MA9 acting as resistance

Market was dropping and it has had a great day. Figured it was good for a return to test intraday resistance points that would turn into support.

So... In regards to CMG... I know we talked once and you mentioned be wary if indicators move and price doesn't. If they fall and price stays steady it is strength right? And if they rise and price stays flat it is weakness right? Just want to know and maybe decide if I should exit even or stick it out. Because indicators are falling but the price won't budge.

So very true sir. Just goes to show what momentum and volume can accomplish. On the other side of the coin I get to watch CMG trade in a 20 cent range for 30 minutes lol

Premium burn is a bit*h :(

Seems that way huh... Market held its head barely above water all day. But now it seems to be getting tired...

I just need CMG to cooperate now. It has been known to dance to its own drum sometimes. But one would think it might feel a little gravity if the market slips here into the close

I went with CMG 402.5p. 5@2.30

Wow... Great catch man! I'm super jealous. You are over a double now with a lot to go still!

I'm cheering for ya!

Man!!! I was eyeing it right around the 15 min cross. And that was when it was at 422-423... Had a feeling the rug was gonna get pulled there. Unfortunately I had to get ready for work and didn't want to risk it if I wasn't at the monitor to watch!

Great trade! Glad I got you on the REGN train. It's a fun one to play. Moves violently

Ya... I hear ya there buddy. Volume is anemic on a lot of stocks. Really makes picking a winner harder than ever! What are you getting into today? Most everything on my screen is flat except CMG (go figure) lol

Yeah... Definitely makes it tougher to find great trades when nothing moves. Premium burn will get ya!

What did you end up doing with your PCLN 1405's yesterday? Still holding or did you exit? Should've been able to profit some of you got out around the LOD

Morning Kraigger! Morning Knights!

Have some PCLN 1215p I picked up right at close yesterday. Not looking like I'm gonna get the red open I was hoping for though :(