June 17th, 2014 Position and market update

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:

And can read my thoughts from this morning : https://www.optionmillionaires.com/bottom-solarcity/

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:

Trade log 6-17

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 optionmillionaires@gmail.com 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!

- JB


JimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

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