nflx
The Week Ahead Webinar is now uploaded and available in the forum. You can find it here : http://www.optionmillionaires.com/forum/showthread.php/383-The-Week-Ahead-with-UPB-and-JB-4-7-2013?p=645#post645 , along with previous week ahead Webinar’s.
Topics discussed include earnings kick-off as well as market direction.
- JB
This week is starting off like last week, as futures are green and the market looks primed to continue to climb the ladder to all-time highs. With Sequestration cuts looming on Friday, and all the hype like the fiscal cliff, one would think the market would be walking on egg shells instead of showing incredible strength.
We were given a 2% cut on our paychecks via the tax increases… Read More
The market closed at another high yesterday and looks set to start green today. Volume continues to be somewhat light, but to me that means there are less sellers. Expecting more of the same today with a low volume day that closes green or close to it.
Yesterdays action on FOSL disappointed as it bolted out of the gate to 115, only to fade the rest of… Read More
Another great week in the books, and it has been a phenomenal 2013 so far. Lets see if it continues into Feb. Earnings continue to be a focus with CAT reporting this morning. CAT missed on EPS and Rev and is cautious for 2013, but that looks to be somewhat factored in already and the stock is rallying pre-market.
NFLX looks poised to continue it’s orbit and is up… Read More
What another great day yesterday with NFLX really making some folks day, month, year and TZOO ramping in the morning. Looking forward to today, but will be a bit more cautious on some of the weeklies expiring today and will play maybe a few.
That conference in Davos is filled with headlines and bullish comments from everyone but my Grandmother, who is on the ski slopes. It almost… Read More
Yesterday we wrote about our Netflix (NFLX) earnings trade where we purchased $125 Weekly calls to take advantage of a possible large move. The 120/125 weekly strike was on our 3-4 position watch-list both Tuesday and Wednesday. We posted our entry via the chatroom, twitter and our forum:
NFLX – Netflix
Grabbed 125 Weekly calls @ .12/.15 for earnings after hours. Extremely risky, just think we have some… Read More
Today is setting up to be a great day for those in NFLX calls as the stock is up nearly 40% after reporting a surprise profit and some nice sub numbers. I hold 36 of the 125 weekly calls avgd at .15 and will put a limit order to sell half @ $20 at open. WIll have to check back this weekend to see if thats my biggest bagger,… Read More
Trading options allows you to use low capital and have possible large returns. Check back tomorrow for our Netflix(NFLX) trade to see how many zeros are added to the position but here are some of the trades this morning on the 125 weekly calls:
01/23/2013 10:38:25 Bought 5 NFLX Jan 25 2013 125.0 Call @ 0.12
01/23/2013 10:38:25 Bought 5 NFLX Jan 25 2013 125.0 Call @ 0.12
01/23/2013 10:38:25… Read More
Another trading session in 2013, another 5 year high as the market closed another strong day yesterday. Adding fuel to possibility of a continued rally were earnings results from ISRG, IBM, GOOG, and CREE that all beat expectations (for the most part). It’s typical to see an after hours party on these reports, then to see red futures in the morning. Not concerned and think we will fight… Read More
Today is a shortened trading session with the markets closed tomorrow for the holidays. I will be taking it very cautious and may not take any positions until wednesday due to premium erosion. You can still see the headlines out there making it seems like the fiscal cliff is devastating the futures, yet we are just slightly red.
Fiscal-cliff worries depress U.S. stock-index futures
Again, I… Read More
