Tag Archives: goog

9-7 Watchlist

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It seems like just yesterday when the world thought Europe's financial system was going to collapse on the weight of its severe debt issues. We posted this in june : https://www.optionmillionaires.com/2012/the-bizzaro-jerry/ . Fast forward 3 months and we are now over 4 year  highs. Amazing! Are we better off now? Hard to say, but i guess the market thinks we are.

We had the August job numbers this morning. Unemployment dropped to 8.1% but less jobs were created then expected. Either way I think we ramp on these numbers. We are in a HEADS Bulls win TAILS bears lose environment.

I think we have some laggards follow through today, although I wouldnt call a 1%+ move being a laggard, but they did trail the indices. AAPL and PCLN are both on my early morning lotto radar for some calls today. PCLN was upgraded to buy and should see a 3-5%+ move. AAPL needs to break $680, then i think it flies to $690... Will look for $625/630 calls on PCLN and $685/690 on AAPL - PURE LOTTO PLAYS!

Others on watch today : CRM for the 150 break.

Still holding CMG calls and will add $310 calls on $305 break for lotto.

ISRG is another lotto. Will watch $500 calls for lotto.

 

Thats all for now. Lets finish the week GREEN!!!

 

- JImmybob

9-4-2012 Watchlist

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Happy September folks. Hope everyone had a great holiday weekend. Today is the first trading day in September. Lets see if the trading volumes start to improve as the summer lull turns into fall madness.

We have the August Jobs number this week, and that will probably be the biggest data point and market catalyst. For now will look at some plays coming off bottoms and ones to play off the Helicopter been comments friday.

 

Silver looks to be getting its legs back and is trading near the top of the upper bollie. May be worth a shot to look at some AGQ/SLV calls. Wouldnt trade the weeklies, but may look for some Sept Monthly $33 calls which closed on friday at .24. AGQ 60s maybe a nice trade as well as the Sept monthly 60 calls closed @ .50 friday.

Tons of upgrades this morning.

IBM, MLNX, MDVN are the top 3. IBM calls maybe worth a shot, as i think she could move back over $200 short term. The latter two stocks have illiquid options but maybe worth a look if you can get an order in and be patient.

 

SINA and BIDU may be under more pressure today as Muddy waters is targeting some of the China stocks again. http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20120904000060&cid=1102&MainCatID=0

Play accordingly.

I will be watching the usual suspects for some more upside: LNKD, AMZN.

Earnings are coming to an end here shortly. Only like SWHC this week. Will post more before earnings thursday.

On a side note, the site is constantly being upgraded. Thanks to the admin team we have a new TEXT service. Check it out here: https://www.optionmillionaires.com/live-chat/sms-stock-option-alerts/

Stay tuned to chat for more updates!

- Jimmy

July 16th, 2012 – Watchlist : LNKD, CMG, PRX, EBAY, YHOO, GS, BLK

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After a huge rally on friday, it is not surprising to wake up to red futures. Earnings seasons starts to kick into full gear this week, and should bring some excitement to some rather dull weeks.

 

Some interesting news this morning on a stock i have followed for years PRX with a buyout offer of $50. Have to find a post i made about that one, but always though it was undervalued. Good thing about the deal, is they can pursue a better offer until Aug 25th, meaning someone may come and sweeten the deal.  Good idea would have been buying some leap calls.

Anyway onto the watch list:

WYNN – reports AHs tomorrow. The stock has taken a beaten on weakening vegas numbers as well as possible issues abroad. I have a feeling she beats nicely after last Qs hiccup. Will look for some $110/$115 strikes for the ramp. If she misses, stock will see $80-85, so could be a nice play either way.

LNKD – Bollie are tight on the chart, and i think the stock is ready to finally break and hold $110. Thought the test would happen friday, but i was wrong. Think it happens today or tomorrow. Will look for $115 calls sometime today : http://stockcharts.com/c-sc/sc?s=LNKD&p=D&b=9&g=0&i=p71833622492&a=255600933&r=1342443536796

CMG – think the story is not over with this one, at least not yet. I actually like BWLD as the next growth story, but think CMG has one or two last laughs in her. Earnings not till Thursday AH’s, but will look for some calls for a premium build and hopefully sell them before the close thursday. Will post more in chat,  but may go for the $430 calls @ $1 and hopefully feel for 50%+ the week.

 

Many other stocks on watch this week for potential plays: GS, BLK, YHOO, EBAY, GOOG …

Will have an earnings central post late tonight with strikes and opinions on some of the earning plays!

GOOG Earnings? Where Will GOOG Trade The Day After Earnings?

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GOOG is generally one of the more highly anticipated earnings reports of the season.  Why?  For an options trader GOOG has offered some fairly strong returns for those positioned properly before earnings in the past.  Back on April 17th 2008 GOOG blew away estimates and the next day the stock rose over 20%.

GOOG moved almost $100 higher that day and call holders hit paydirt.  The $490 strike that was selling for $.50  hit $57 the next day.  $500 into $57,000  in less than a full trading day!  Will GOOG post a move like that again this earnings season?

I have charted GOOG's earnings moves the last 6 years.

Four of the last 5 July's has seen GOOG decline the day after reporting earnings, however last JULY GOOG surged some 13% post earnings.  A new trend perhaps?

I highlighted a few trades in my Live earnings presentation tonight.  With GOOG one strategy is to trade it the day of earnings and not ride through earnings.  Last quarter buying puts the day after earnings was a big money maker.  I'm sure we will see another big move for GOOG in the range of 5-7% and I am leaning toward the calls.