All posts by jimmybob

9-14 Watchlist

 

What a day yesterday folks. Big BEN did not disappoint in announcing a new round of QE, this time there is NO  LIMIT on the amount of the easing or an end date. It also opened the door for other tools they may use to spur growth. This is big stuff folks... Today you will see a continuation of the chase for performance as folks are going to squeeze into equities and create a new bubble!

Thanks for those who were at my outlook class last night. If you were there you would know what i am looking at today:

WYNN - still have 110 calls. LVS upgrade today could help the mojo continue.

PCLN - seems to be getting a bid PM and closed above the 50DMA and upper bollie... could have a blue sky breakout today? Have the 650 calls may look for 640s at the open.

ISRG - still my favorite. Need to see 498 today for my confidence to continue.

SODA - still hold every single calls i purchased monday and tuesday.

 

Others on watch : MCP 13C/ AIG 44.50C/ LNKD 125C/ CMG OCT 400C/ MAKO 20C/ AGQ 62C

Will be live on audio in chat a few times today! Lets have a great end to this wonderful week!!

 

- Jimmy

Another day, another 4 1/2 year high hit. Think this will be the story through september. Yesterday was a solid day with a last minute sell-off, which seems to be the action as of late. The Germany concerns about ratifying the ECB bond purchases became a non-issue and stocks are moving up this morning. I am probably going to be reducing positions heading into Thursday as I think the risk for a sell-off is very possible, although i think we ramp higher.. but you have to minimize risk!

AAPL releases details on it's new iphone and should provide the stock with some WILD swings. Will not be playing it at all as its anyones guess what happens there.

Plays im in or watching:

 

MAKO - Still like the $20 calls as i think the stock breaks the $18.50 resistance from yesterday and doesnt look back. I maybe wrong but we have 8 days till expiry. Risky play..

LNKD - thought it would need a day or two breather, but looks like it may get some legs on FB move. Will look for $120/$125 sept calls.. either this week or next

AIG - think the anchor holding the stock down is gone, and it will move to $35 or so. Already have the 33.50 and 34.50 calls. May add to the 34.50s if they are cheap.

SODA - have the 40/42.50/45 Sept calls. I still like her and with GMCR still brewing, should see continued upside.

 

Others I am in : PCLN 650 calls/ WYNN 110 calls / NFLX 62.50 calls / CMG $370 calls

 

Thats all for now! Lets have a great WEDNESDAY!!!!

 

- Jimmybob

9-11 Watchlist

What a great start to the week with CMG continuation and SODA explosion. Lets hope the MOJO continues. As long as this market stays somewhat flat and melts higher these multi-day runners should continue. ONTO THE WATCHLIST:

SODA - like her for a multi-day breakout. With GMCR continuing to run expect some carry-over to SODA. Stock should be over $50 already IMHO so anything is possible. Grabbed 42.50/45 calls ontop of my 40.

MAKO - Think its the play of the day here im thinking. Joining the oversold bounce bandwagon. Figure she tests $20 today or tomorrow. $20 calls the play.

SLV/AGQ - will look to grab calls as the shake yesterday should be enough to break the next leg. AGQ 60 calls / SLV 34/35 calls

 

Others on watch: COH, TIF, PCLN, CMG, GMCR, LNKD

 

Short list today, want to keep focused on the few movers. Stay tuned to chat / twitter for alerts!

 

Lets have a great day!

 

- jimmybob

9-10 Watchlist

 

Everyone is talking about the big news about QE3 coming thursday. As long as there is an announcement about extending the date for low rates AND some type of unorthodox easing program, i think the market continues to rally. Hopefully it is slow and steady ūüôā which will provide an environment for certain stocks to continue MULTI-DAY runs... those are the types that have the better odds a of returning huge gains.

On watch today:

SODA - Liked her at the start of the year and the story is even better now then before. Still a large short position and looks like folks have lost interest last few weeks, which means CHEAP CALLS. $40 calls @ .35/.40 looks like the play. Tight bollinger bands means impending break possibly coming.

WYNN - always on my watchlist and the real MACAU rev numbers for august came out. 2nd best month on record but still slow growth. I think WYNN looks to push over $110 this week and will play accordingly with $110 calls @ .33 or so. Playing WYNN recently has gotten me burned, but will take one big move to make up for it and then some. Think this maybe the week...

AIG - bought some calls last week that didnt pan out. The govt is selling $18 billion in shares from its stake and will become a minority shareholder. AIG selling off PM but i think this will turn today and head towards the $35 strike... Will look for some lotto calls at open.

Others on watch today: SLV, AGQ, GLD, AAPL, PCLN, LNKD, NFLX, SINA, BIDU -

Please check out UPB's look ahead from last night: https://www.optionmillionaires.com/2012/the-week-ahead-with-upb-2/

Was a great class last night.

Hope to see everyone in chat and lets have a great week!!

 

- Jimmybob

Site Upgrades

 

Just wanted to let folks know that we are always looking to improve the site and appreciate all the feedback we receive to make it happen. We are implementing a new chat room service over the next few days that will alleviate all the issues folks have been having the past few months with JAVA. The new chatroom will also have some more bells and whistles. Stay tuned for more details in the days ahead!!

We have also implemented a new TEXT alert service that replaces the old antiquated one. Check it out here : https://www.optionmillionaires.com/live-chat/sms-stock-option-alerts/

Lets have a great week folks!!!

- Jimmybob