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The Godfather

03/28/19 12:22 AM

#48066 RE: pj McMulligan #48065

Awww yeah!! Got out of my NFLX April puts today that I had bought last week. Bought them when NFLX was 371 and sold them today when NFLX was 353. I hate the time factor depreciation on the puts and am expecting to see some consolidation now and my puts not really gaining value in the coming two days.

Made up some of the money lost last week when I went heavy on the weekly puts. I should have done that this week. Eh, win some, lose some and looking forward to new option opportunities
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The Godfather

03/28/19 12:42 AM

#48067 RE: pj McMulligan #48065

Also, thanks for bringing these to the board pj. Speaking of your charts, from a 'dumpage' point of view, these would be good short calls:

NEE - Utilities typically dont go up so quickly. They are more of a divvy stock. I think we would see some dumping in this stock in the coming weeks. Added to my watchlist.

OLED - I love the 100% run up for this stock in 3 months. Has to consolidate lower. Heave dumping coming up in April. I would expect this to go down to $125 and close the gap in the coming weeks. Best bet would be to buy a put spread for May. Added to my watchlist.

Looks like missed the RAMP down on RAMP

XEL - same story as NEE. Added to my 'short'-list

Another one to add is LLY. I love the run up which usually means there is a run down and consolidation..
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The Godfather

03/29/19 12:37 PM

#48069 RE: pj McMulligan #48065

Got some TWLO puts for next week. Looks like some correction is due.