MarOE Stuff?
Absolutely Marvel-ous, can we be sooo LUCKY dat da-Boyz will give us a Gift first thing outta da-Gate and take prices higher, how COOL would dat Bee!
We’ll use ANY attempt by da-Boyz to tag the R2, 42.92, to Get Serious SHORT and we’d consider it a personal GIFT if day, da-Boyz, be so kind, NOT!
People… this is a FIVE week OE with ONLY 23 trading days since we have TWO Holidays tucked in dis-OE period! This portends some FUN things to come as da-Boyz paint pictures of Sugar Plums dancing in da-Bulls Heads and we’ll use said picture painting to ready for the Compulsive Cascading Exhaustive Capitulative Discount Wave that is sure to Follow ANY move higher!?
We start this MarOE period with 80 Mar41 call contracts controlling 8k shares and we be MOST Pleased if da-Boyz be so BOLD as to give us a B-E-A-utiful SHORT-ing opportunity, YOU GO BOYZ!
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, 43.82, close on 15Feb
High, ??.??, up 0.0%
Low, ??.??, dn -0.0%
Close, 43.82, dn -0.0%
Spread, 0.00
PM, 0.0%
We start today with the following Open OE Port positions:
Short positions (expecting the Q’s to go Down), controlling 0k shares
Nada, Nuttin, Zippo, Zero
Long positions (expecting the Q’s to go Up), controlling 8k shares
Mar41 calls at 3.495, (80 contracts), bought long
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)
Not Exactly… we expect a move lower before we get the Launch EVERYONE is expecting? What will get our attention, the ability of the Q’s to Close above the R2, 42.92, otherwise it’s just a B-E-A-utiful Shorting Opportunity if prices climb above the R1, 44.37?
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)
Mar41 calls (80) at 3.495 – 3.42 (closing $) = -0.075 x 8 = $-0.60
Pending Gain(s)
Net gain/-loss pending for above open positions at the close = $-0.60
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, $18.28 (up 40.3%, $18.28 into 45.35 = 40.3%) ($36.50 in gains less $18.22 in losses)
For your viewing pleasure da-OEPM 4cast-r says.....?
Date Open High Low Close
15-Feb 43.77 43.98 43.45 43.82
4cast
19-Feb 43.81 44.51 43.75 44.37
20-Feb 44.30 44.92 44.28 44.76
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!
R8, 48.2, 10%
R7, 47.65, 8.75%
R6, 47.11, 7.5%
R5, 46.56, 6.25%
R4, 46.01, 5%
R3, 45.46, 3.75%
R2, 44.92, 2.5%, Serious Resistance and a GO Short level this week!
R1, 44.37, 1.25%
Pivot, 43.82, 0.0%
S1, 43.27, -1.25%
S2, 42.72, -2.5%, Our Primary Target this week
S3, 42.18, -3.75%
S4, 41.63, -5%, Serious Support and a GO Long level if tagged!
S5, 41.08, -6.25%
S6, 40.53, -7.5%
S7, 39.99, -8.75%
S8, 39.44, -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!