FebOE Stuff?
Two down, three more days to go and this OE week has NOT disappointed in regard to Profits being posted! We garnished da-Boyz earnings by $2.13 on Monday and $4.22 on Tuesday and with 40k shares controlled on the Long side and 24k controlled on the short side, we may end this week with a record wkly Gain, COOL!
The COOL-est part is that MOST players could NEVER even THINK about playing options that expire in THREE days but we get to PLAY Away with reckless abandon KNOWING that we’ve PRO-tected ourselves with the hundreds of pawn, bishop, and knight positions we HELD into the Close (See Open positions below), how COOL is dat!
Our posted gains came in at $39.38 at the end of yesterday and with Open position losses of $-29.90 we have a Net Gain of $9.48 if we liquidated everything at the Close yesterday! That’s OK but we get to PLAY BIG time over the next three days using QUAD (40 contracts) plays out da-Ying_Yang since we have ZERO to lose and Muchos to GAIN as long as we maintain our pawns, bishops, and knights as PRO-tection!
In Summary, we’ve spent over three weeks strategically positioning our put and calls in a way that we can make a WHOLE lotto Money during the OE week and as of the Closing Bell yesterday we be in GREAT shape to Put it to da-Boyz but GOOD!? Our 4cast still has an eye on the OE Pivot, 45.35 this week and I suspect da-Boyz will NOT disappoint, BUT, we really do care NOT as to the direction price goes or what line da-Boyz will make a RUN for next, and why, because we’ll be dare when they get there and we just want-em to GET THERE IF THEY CAN, LOL!?
Btw ALL, there are MANY Prognosticators and EVERYone has an opinion, good for them! But we be here to make YOU Money and could care less about being Right or Wrong, as a matter of fact, we be wrong plenty of times but being able to ascertain said "Wrong-ness" is our specialty, and being able to hedge said probable "Wrong" outcome is in our Charter! Therefore we go forward every day posting our trades in Real time, many times in advance using price triggers, then add-em up each day, then tallying the Final Numbers to confess for ALL to see the Good , da-Bad, and da-Ugly!
OE Pivot, 45.35, close on 18Jan
High, 45.88, up 1.2% (New High, 01Feb)
Low, 41.61, dn -8.2% (Posted 23Jan)
Close, 43.82, dn -3.4%
Spread, 3.16
PM, 9.4%
We start today with the following Open OE Port positions:
Short positions (expecting the Q’s to go Down), controlling 24k shares
Feb41 puts at 0.180, (QUAD), bought long
Feb42 puts at 0.565, (QUAD), bought long
Feb43 puts at 0.40, (QUAD), bought long
Feb44 puts at 1.165, (QUAD), bought long
Feb40 calls at 2.88, (QUAD), sold short
Feb42 calls at 1.95, (QUAD), sold short
Long positions (expecting the Q’s to go Up), controlling 40k shares
Feb43 calls at 2.66, (QUAD), bought long
Feb44 calls at 0.43, (QUAD), bought long
Feb45 calls at 1.115, (80 contracts), bought long
Feb46 calls at 0.32, (QUAD), bought long
Feb47 calls at 0.14, (QUAD), bought long
Feb48 calls at 0.05, (QUAD), bought long
Feb45 puts at 0.97, (QUAD), sold short
Feb46 puts at 1.57, (QUAD), sold short
Feb47 puts at 2.915, (QUAD), sold short
This gives us a Net Long da-Q's bias going into today and we'll use said Bias to play intraday Short plays to protect our Core positions and to post gains in an effort to minimize our pending losses on Open Positions.
These intraday plays are strategic in nature and will help us post profits that will off-set our losses incurred during this OE period as we HOLD Core positions indefinitely (see below side notes, Pending Gains/Loses)!
DCB (Dead Cat Bounce or NOT)
It’s TIME to expect a DCB of meaning and we fully expect the OE pivot, 45.35, to be taken out this week with the R1, 45.92 being target Number ONE! We’d NOT rule out an extension this week to tag the R2, 46.48, before the smoke clears!
We posted GREAT gains yesterday as we traded in and/or out of Both puts and/or calls intraday and unloaded for same day profits. Hence our FebOE profits increased by $4.22 to $39.38 as we started the day with $35.16 in profits!
These posted profits are impressive but don’t forget we have many wounded soldiers still on the battlefield (pawns, bishops, and Knights) bleeding RED numbers everywhere, especially as we get closer to the OE and the delta shrinks up into a wie, sorry Michelle, small amount, see “Pending Gains/Losses” below!
Those gains are actually quite good since most of our gains usually come a couple weeks into the OE period. Mostly just positioning our pawns, bishops, and knights during the first couple weeks so it’s a bonus to post modest profits already!
Btw…if you don’t play Chess then I suggest you STOP trading Immediately and go learn da-Game, da-Chess game dat is! But don’t stop dare, stay away until you can actually BEAT someone at Chess. Otherwise, as most players who read to learn vs. actual experience, you’ll have learned just enough to lose your SorryAsskie life Savings, Get-it, Got-it, GOOD!
Side note (Pending Gains/-Losses):
These gains/losses will post when positions are removed and/or expire!
Pending -Loss(s)
Feb40 calls (QUAD) at 2.88 – 3.82 (closing $) = -0.94 x 4 = $-3.76
Feb42 calls (QUAD) at 1.95 – 1.99 (closing $) = -0.04 x 4 = $-0.16
Feb43 calls (QUAD) at 2.66 – 1.15 (closing $) = -1.51 x 4 = $-6.04
Feb45 calls (80 contracts) at 1.115 – 0.17 (closing $) = -0.945 x 4 = $-7.56
Feb46 calls (QUAD) at 0.32 – 0.00 (closing $) = -0.32 x 4 = $-1.28
Feb47 calls (QUAD) at 0.14 – 0.00 (closing $) = -0.14 x 4 = $-0.56
Feb48 calls (QUAD) at 0.05 – 0.00 (closing $) = -0.05 x 4 = $-0.20
Feb41 puts (QUAD) at 0.18 – 0.00 (closing $) = -0.18 x 4 = $-0.72
Feb42 puts (QUAD) at 0.565 – 0.00 (closing $) = -0.565 x 4 = $-2.26
Feb43 puts (QUAD) at 0.40 – 0.23 (closing $) = -0.17 x 4 = $-0.68
Feb44 puts (QUAD) at 1.165 – 0.57 (closing $) = -0.595 x 4 = $-2.38
Feb45 puts (QUAD) at 0.97 – 1.20 (closing $) = -0.230 x 4 = $-0.92
Feb46 puts (QUAD) at 1.57 – 2.16 (closing $) = -0.59 x 4 = $ -2.36
Feb47 puts (DOUB) at 2.915 – 3.22 (closing $) = -0.305 x 4 = $-1.22
Pending Gain(s)
Feb44 calls (QUAD) at 0.43 - .48 (closing $) = 0.05 x 4 = $ $0.20
Net gain/-loss pending for above open positions at the close = $-29.90
This pending gain/-loss(s) is dependent on our ability to navigate this OE period with the utmost precision in regard to da-Boyz! Not to worry, we suspect da-OEPM factor will shed some light on da-Boyz and their Footprints of meaning (True intentions), LOL!?
Gain/-Loss History:
JanOE, $10.40 (up 20.2%, $10.40 into 51.85 = 20.2%)
FebOE, $9.48 (39.38 -29.90) (if liquidated at the Close)
For your viewing pleasure da-OEPM 4cast-r says.....?
Date Open High Low Close
8-Feb 43.18 43.77 42.94 43.60
11-Feb 43.78 44.22 43.54 44.07
12-Feb 44.33 44.66 43.51 43.82
4cast
13-Feb 43.95 44.36 43.82 44.20
14-Feb 44.49 44.80 44.18 44.80
15-Feb 44.65 45.48 44.81 45.09
And in da-Spirit of da-Boyz club and their House rules, we remain committed to being BOTH Long and Short at the same time so as to be READY and ABLE to meet-em at whichever lines they decide suits their fancy and at a time and/or day of their choosing (Ohhhhh BOYYYYOYZ, come, and, GET US, LOL)!?
In summary, YOU GO BOYZ and do your thing, but remember this, we got your Back, Front, and any other side you choose to expose as you paint dem dare pictures, I guess Boyz will be Boyz now won’t They, LOL!?
Good trades ALL,
nm
BONUS OE STUFF, Remember – the CLOSING price tells ALL in regard the OEPM factor!
OE key Pivot Points
R8, 49.89, 10%
R7, 49.32, 8.75%
R6, 48.75, 7.5%
R5, 48.18, 6.25%
R4, 47.62, 5%, Now our Primary Bounce Target but we’ll likely have to complete the “ST” bottom first!?
R3, 47.05, 3.75%
R2, 46.48, 2.5%, Pre-Launch Target into 11/12Feb?
R1, 45.92, 1.25%
Pivot, 45.35, 0.0% , Our Primary target to confirm Launch Mode, prices MUST Close and Stay above this line!
S1, 44.78, -1.25%
S2, 44.22, -2.5%, Now Serious Resistance!
S3, 43.65, -3.75%
S4, 43.08, -5% , tagged 23Jan and now Serious Support on a Closing basis
S5, 42.52, -6.25%
S6, 41.95, -7.5%, Tagged 23Jan and about to be re-tested before we head higher?
S7, 41.38, -8.75%, Came within pennies of the S7 but I suspect we’ll NOT visit this level until June?
S8, 40.82, -10%
Most importantly, ARE you having FUN YET, I know I am!
FYI - we post EVERY trade in real time and in many cases post pre-trade sell and buy orders with trigger prices in anticipation of our 4cast! So ENJOY da-Show as we rat out da-Boyz club and have a little FUN while we're at it (I hope da-Boyz don't read dis-post otherwise they'll be GUN-ing for us - AGAIN, LOL!
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