Tag Archives: AGQ

9-10 Watchlist

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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 🙂 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

Metal HEAD

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Time to get down and party to your favorite HEAVY METAL band. Now playing today is SLV and AGQ, two funds that trade off of Silver prices.

Think metals will get a nice bump on the announcement this afternoon only because it looks like folks were speculating to the down side. And if you remember, we are bizzaro Jerry!

 

AGQ 42/43 calls and SLV 28/29 calls

Trade smart my friends...

Whats going on in Chat???

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One of the reasons to join Option Millionaires is the chat room. I have been in many chat rooms, and have yet to find as diverse a trading community as we have here. Not only are there many trades and strategies being posted, but it feels like one big community focused on making money!

Here are some of the trades from yesterday I posted in chat that made some serious moves:

1. BIDU was on the morning watchlist. Here is what i wrote:

BIDU earnings were great, but stock tanked AH’s. Looks like all the ANALysts reduced PTs but kept rating, so stock should bounce IMHO to $137+ or so. Will look for $135 calls at open.

What i said in chat:

2012-04-25 09:29:41            Message            jimmybob            Option Millionaires Live            BIDU $135 calls... have order for 10 @ .40

2012-04-25 09:30:37            Message            jimmybob            Option Millionaires Live            opentrade BIDU #$135 calls @ .47 AVg 10 of them

2012-04-25 10:57:50            Message            jimmybob            Option Millionaires Live            BIDU will be green today SAID it PM when it was 128

BIDU ran from $128 to $136.14 and went green just like i said. The $135 calls i bought in the morning were a 400% gainer. 

2. LNKD was on the morning watchlist. Here is what i wrote:

LNKD- FB IPO rumored delay brought some more selling pressure to the stock, but it is trading over $100 pm, and still like her to go nuts over $110 VERY SOON. 105 and 110 calls will provide more profit oppty’s just like last week.

What i said in chat:

2012-04-25 11:55:56            Message            jimmybob            Option Millionaires Live            opentrade LNKD 105 calls added 20 more @ .50 avg

2012-04-25 12:37:40            Message            jimmybob            Option Millionaires Live            LNKD volume is shit... great sign

The LNKD 105 calls hit 2.15 today from .50 entry yesterday. a 400%+ gainer.

3. With Bernanke speaking, there was sure to be a movement in the USD. Any weakening and commods would move to the upside. Silver became the play in the afternoon on the bounce. Brought silver to the chatroom, then posted the AGQ trade on the calls.

What i said in chat:

2012-04-25 14:10:31            Message            jimmybob            Option Millionaires Live            SILVER TIME FOLKS

2012-04-25 14:09:59            Message            jimmybob            Option Millionaires Live            opentrade AGQ 11 of the 50 calls @ .35

2012-04-25 14:11:07            Message            jimmybob            Option Millionaires Live            AGQ 48.12

AGQ hit 50.75 today, and the 50 calls hit 1.05 for a 300% gainer.

 

These were some of the calls in the chat from myself, and there are many others from everyone in the room. And there are many experienced traders ready to answer any questions you may have. Cool think about the site, is you get a 14 day trial to give it a whirl. Check us out: https://www.optionmillionaires.com/subscribe/