What a day.. another stellar one for momo stocks, and more specifically, the stocks i have been betting on for more upside: SCTY, SSYS, Z, TSLA, and others roared and the underlying call options rocketed.
I was up early this morning (4am east time) to make time to write my thoughts on $SCTY. A stock I have liked for sometime, and became more bullish on this recent bottom. You can hear my thoughts on the stock from the Week Ahead Webinar here:
Sure enough, the stock soared today, closing up over 17%. I dont think this is the end of the run by any means, and will continue to hold my July 65 calls.
SSYS broke over $100 and closed at $102.30, another stock I love, and think heads towards $110 in the coming days.
I added some July calls in SFLY this afternoon, and will have a write-up on the stock in the coming days.
Added WBMD & SAM calls today, and may look to lock more risk in tomorrow. It has been a terrific last few days, and sometimes its best to sit back and reflect, instead of getting cocky..
Here are my current positions:
The DittoTrade Account I started last week : https://www.optionmillionaires.com/2013/optionmillionaires-private-twitter-access/ is now up over 400%, and neared 5 digits today from the $2k start last monday. I will not accept any more followers on the account, and will figure out a resolution for those who want to follow in the future. If you are interested, please send an email to firstname.lastname@example.org asap, as the emails will be counted on a first come / first serve basis for future follow programs. And just so we are clear, I will lose all your money trading options via Ditto Trade.
Have a great evening folks!