Tomorrow’s Gameplan – AAPL, FSLR, CAT, X, LNKD, SLV

gameplan

It was a great day for me on Tuesday. I sold my SLV $30 calls at $.48 for a nice little 20% gain. I sold my X $28 calls for a nice 28% haircut. I held my LNKD calls now at a decent loss, but I think I will make out this week.

I bought GS $115 calls at $.30. They hit $.90 and closed at $.86. I sold out at $.78. A great trade which I posted both my buy and sells in the chat room. More on GS later on.

X on the dip and near the session lows I bought the $30 calls for $.06 and the $28 calls for $.27. Both options soared as X recovered its losses. In the chat room with X down big I said I saw the stock going green, sure enough X was up over 1% after being down over 4%. It then faded late in the day.

AAPL I bought the $605 calls for $3.75. I'm not sure many of you thought it was the right move at the time. My thoughts were that the drop in AAPL price offered a chance to get in the calls at a much cheaper price. It was worth the risk and it should pay off nicely for me tomorrow.

Tomorrow… oh yes tomorrow.

Gameplan.

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Profile photo of uranium-pinto-beansKnown to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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