Tag Archives: goog

11-28 Watchlist

Leave a comment

We have started the week in mixed fashion after ramping hard the previous 5 trading days. The next day or so will be telling for market direction, as it is possible we go back to retest the 200dma at 137.64. If you have spent time in the chatroom, you would know i rarely watch CNBC, but I did turn it on near the end of the day yesterday only to hear "Fiscal Cliff" used every 5th word. And then to watch the anchors tie an interview they had the last 20 minutes of the day to the market performance. One of two things is going to happen here: 1. The Fiscal Cliff Fears are for real and the market will sell-off on the jitters  2. Since BIG BEN coined the phrase in FEB, folks have been planning for it and this is just a way to shake the retail traders .

Of course you know I think it is #2 and think this market will rally at some point. You know how the saying goes "Fool me once, shame on you - fool me twice, shame on me",  I thought the same thing with the DEBT ceiling only to see lawmakers make a last ditch deal and see the US credit rating dropped and the market dropping 4% that day. If the same thing happens, shame on me. But the market is a very forward looking and I dont see how we have a major sell-off regardess. Well now onto the watchlist!

We have beige book out at 2 but dont think that will move things much. Futures are red so hopefully we hold the 139.76 or so on SPY and melt higher. We had great earnings on GMCR yesterday which is helping SODA. MNST exploded yesterday. This morning AEO beat, and we have TIF earnings tomorrow. Here is what I am watching:

 

Stock Ticker Call/Put Strike Expiration Closing Price Entry Price
PVH CALL $21.00 DEC 0.35 0.35
PVH CALL $40.00 DEC 0.30 0.30
TIF CALL $67.50 DEC 0.65 0.60
TIF CALL $70.00 DEC 0.30 0.30

 

It is a short list today, but will wait for a feel on the trend before grabbing anymore. Still have SODA, GOOG, BPT, NFLX, MNST, DECK, PVH and others.

Lets have a great trading day!

 

- Jimmy

11-20 Watchlist

Leave a comment

What a great start to the week as fears over the 'Fiscal Cliff' turned into hope for a resolution. Oversold stocks flew, led by AAPL. There were quite a few in the chatroom who nailed some calls in the morning, and sold them up 100-200%.  We are now solidly over the 200dma on the SPY, a line in the sand for me. I still think we head to new highs sometime in the next few months, and will play accordingly.

There were some nice earnings after hours with Vinnybotz from the chatroom nailing KKD, and others playing QIHU for the big beat. This morning DSW smashed earnings, while BBY and HPQ missed and are down sharply. Futures are flat to green and I would think we melt higher today.

What I am watching today:

 

Stock Ticker Call/Put Strike Expiration Closing Price Entry Price
CRM CALL 165 NOV (WKLY) 0.40 0.35
CRM CALL 170 NOV (WKLY) 0.14 0.14
DSW CALL 70 DEC 0.49 0.45
DSW CALL 75 DEC 0.14 0.10
CAT CALL 85 NOV (WKLY) 0.22 0.22

Will try for some lottos with CRM. Been saying CRM is a $200 stock for over a year, maybe now it starts heading there. DSW smashed earnings and still shows great growth. DSW should head to new highs over $69 so lotto DEC calls maybe worth a shot. Still have CAT on the list for some $85 calls, and think she breaks if we are green today. 85s only .22.

Still holding BPT 85s and March 90s, like for the continued bounce. Also have NFLX and SINA.

Lets have another great day. Dont forget the class this afternoon : https://www.optionmillionaires.com/2012/free-webinar-open-to-all-members-guests-candlestick-analysis-with-chris-d/

- Jimmybob

 

10-9 Watchlist

Leave a comment

 

Waking up to riots on Greece and flat futures, all though they are now green. Not too many market catalysts today, but we do have the official earnings season kick-off with Alcoa reporting after the bell. We also have YUM brands. The IMF lowered the growth forecast for the World Economy and it took a toll on the asian market over night with Japan down near 1%. The China market opened after a week long holiday and opened up 2%.

Again, I am still under the premise that we melt higher these next few weeks. Stocks i am watching:

BLK - still big on this stock and think it sees $200 short term. May add some 200s to my warchest today. CITI upgrade yesterday to $220 and almost seemed like they quoted my blog piece.

SODA - Ready for another 5%+ move here and over $40 in short order. Good comments out from JPM yesterday : SodaStream shares not pricing in much for U.S. business, says JPMorgan -  $40 calls look to be the play here and may ad 42.50s if i see it get some volume.

NFLX - getting hammered here PM and a reason why you need to take some profits if your up big. Will lose quite a bit on my 72.50 calls at open. Wont look to play it, but I think big money keeps this up in the 70s today. Who knows.

YUM - is one I am looking at to play on earnings today with the $70 calls @ .42. Will post in chat if i grab some but looks like nice risk v reward IMHO

BIDU - Big downgrade and PT drop today. Not going to play but I think it may start getting some mojo to the downside and its possible it heads under $100. If I see volume under $108 i will go for some 100/95 puts

Those are the ones I will be watching, here is more on the list: PCLN, MLNX, AMZN, LNKD, WYNN

Lets have a GREAT DAY!!

- Jimmy

9-28 Watchlist

1 Comment

We finally had a nice green day yesterday as Spain was able to quell some nervous nellies as well as folks filing unemployment claims was at a multi month low. Futures were green over night but have been falling throughout the am as folks started to worry again about europe and  the announcement of the Spanish bank stress tests.

AAPL had a huge move yesterday and I know quite a few were able to bank some money on the calls. There were also quite a few other movers including some of the commodities. As i write this the only three stocks on my daily list is FB, RIMM, and VXX.

It is the end of the month so not sure how to play it and will watch for some entries on some plays that may reap dividend for a daily flip on the weeklies. The list is short today, here they are with strikes:

AAPL 685 C / CF 225 C / GOOG 755 C / NKE 90 P / PCLN 630 C

 

That is all I will be looking at today and will continue to hold my OCT calls in FDS/AZO/SODA/ISRG and others.

 

Lets have a great friday! See you in chat!

- Jimmy

9-27 Watchlist

1 Comment

With yesterdays holiday past us, today is poised to bring more volatility and volume. We have quite a bit of data and news coming out. The Jobs numbers and GDP numbers as well as durable goods orders giving mixed signals.  Jobless claims dropped to the lowest level in months while durable goods orders also dropped and GDP came in below ests. Futures were ramping overnight and this morning and faded a bit on the numbers, but have since moved back up higher.

We are awaiting a press conference on Spains plans at 9am eastern, which hopefully will calm any remaining fears. If things go as planned, the market should hold its gains and maybe rally today.. or at least thats what i think.

Some plays I am holding:

GOOG 770/775 calls | NFLX 57.50 calls  | BIDU $115 calls | AZO $400 calls | WYNN 120 calls also holding JBL FDS ISRG SODA and others in my other account.

Not sure if I will be adding any positions today but will be eyeing a few :

LNKD if it breaks 120 ill look again at some calls. Faded yesterday and never pulled the trigger

AAPL : Great video by UPB http://stocktwits.com/message/9706613 - wont play it but calls maybe in order

 

The best ones to play today will be the ones that were taken down the most in this 4 day pullback.

Stay tuned to chat for intra day plays. Will also be using the text service sometime today or tomorrow so be ready: https://www.optionmillionaires.com/sms-stock-option-alerts/

Remember playing a stock that is gapping reduces your odds of success. Sometimes better to sit on your hands then raise your risk.

Lets have a great trading day!

 

- Jimmy