ThaGekko
139 posts
msg #129735
- Ignore ThaGekko |
7/11/2016 11:27:35 AM
Obviously your holding these AA positions through earnings after the bell today?
Think they are going to beat expectations?
|
dashover
229 posts
msg #129772
- Ignore dashover |
7/12/2016 3:52:41 PM
SOLD AAPL SHORT @ $97.29 ON MKT ORDER
BOUGHT AAPL 7/29 96.50 PUTS @ $1.78 on mkt.
|
dashover
229 posts
msg #129795
- Ignore dashover |
7/13/2016 11:01:48 AM
BOUGHT QQQ 7/29 110 PUTS @ $ .77 ON MKT ORDER
Bought a little SPXU
|
c1916
77 posts
msg #129815
- Ignore c1916 |
7/14/2016 10:44:51 AM
What does today's note "Stop vs Stock" imply? I understand his +100% and -50% rules. I'm not clear what rule today's action follows.
|
dashover
229 posts
msg #129816
- Ignore dashover |
7/14/2016 11:04:44 AM
Took very small losses on AAPL and QQQ puts...
Can't fight the market; but that can change rapidly..
As far as "Stop vs Stock"..
Mostly (95% of the time), I will buy options and sell at a 50% loss on the price of the option or 1/2 at 100% profit, but sometimes I will let the price of the underlying stock dictate the stop...
So If AA hits $10 sell the calls etc..
Dash
Check for updates..
http://www.greatwizeoz.com/dailyreport/
|
shainadir
25 posts
msg #129817
- Ignore shainadir |
7/14/2016 11:15:24 AM
Would be nice if Cam would let his Princeton subscribers know about these exits.
|
dashover
229 posts
msg #129829
- Ignore dashover |
7/14/2016 3:50:40 PM
Added to some Aug 25 SPXU calls @.55
|
ThaGekko
139 posts
msg #129841
- Ignore ThaGekko |
7/15/2016 10:25:11 AM
don't see SPXU on the sheet? Also didn't AA break the rule for 100% up exit half the position?
|
dashover
229 posts
msg #129850
- Ignore dashover |
7/15/2016 4:16:25 PM
Traveling for the next 10 days at Yellowstone...
Oz will provide daily updates and of course update the spreadsheet as quickly as possible.
In addition to options he does some work with long and short stocks/ETF's and will refer to them in the daily report..
http://www.greatwizeoz.com/dailyreport/
|
dashover
229 posts
msg #130108
- Ignore dashover |
7/28/2016 12:11:05 AM
From the daily report ...
FOR TRADING JULY 28th
Today’s market was like a high school kid’s worst nightmare, “What if I gave a party and nobody came?” The AAPL earnings were already in the book before the open and everyone waited for the Fed decision, which of course was another non-event, followed by a minor relief rally.
I tried to trade the GLD using a close stop and it cost a minor $ .19 per contract.
We were profitable for about 5 minutes before it rallied hard.
I also took a small profit on the position of the CL puts. I tend to shy away from the earnings related issues and CL has its second quarter tomorrow so I went with better safe than sorry.
The market internals were pretty even for the day with advance/declines were 14:15 and the volume was 3:4. As I’ve said several times in the last week “The longer we spend consolidating over the breakout over 2150 (S&P500) the more the chance we are going higher. Follow that with the FB numbers after the close with the attendant $10 rally and we have as good a reason as any to bring the punchbowl back to the party.
We are still maintaining our spread position in HL and I’m looking to get back into the metals and a few post earnings names
|