Tag Archives: shld

12-3 Watchlist

Welcome to December! Looks like we will start the morning in the green as futures are up. China had some more decent numbers overnight and the concerns of China's economy coming to a crashing halt seem to be fading. Christmas Elf Tim Geithner  was on the Sunday Morning talk shows trying to alleviate "Fiscal Cliff" fears. If you read the watchlist every morning you would know my thoughts, that we melt higher into the end of the year. I give it a few more days before we start hearing "Santa Rally" instead of fiscal cliff.

We have some big movers this morning on upgrades and news articles: DECK is trading over $42 PM on an upgrade, LULU is trading over $73 on an upgrade, DELL is up 4% on an upgrade as well. Others to watch are RIG and LMCA, which were covered in Barron's.

UPB had a great week ahead class last night, and the link for the video will be available sometime today. I know Biglots was his big play, as well as DMND.

My watchlist today is light, as i am a little fearful of a gap and trap. Please don't trade any text alert expecting the same results as last week.

 

Stock Ticker Call/Put Strike Expiration Closing Price Entry Price
SHLD CALL  $45.00 DEC WKLY 0.36 0.36
SHLD CALL  $49.00 DEC MONTHLY 0.42 0.40
NFLX CALL  $90.00 DEC WKLY 0.32 0.30
WYNN CALL $115.00 DEC WKLY 0.62 0.40
LNKD CALL  $115.00 DEC WKLY 0.20 0.15

I like SHLD for a bounce sometime this week, hopefully starting today so will try and grab some weeklies. Once i get weeklies will look for some monthlies. Of course you know NETFLIX is one of my favs still. I grabbed 87.50s on friday afternoon and will look to get some 90s today.

WYNN may move on Macau #'s out today, and I am waiting for LNKD to finally start to head towards $120. I dont like the bottom two as much an those are mostly on watch and will probably not get any today.

SODA looks great at the open today so hoping for more follow through.

 

Lets have a great trading day!!

- Jimmybob

8-16 Watchlist Jimmybob

 

Yesterday was another somewhat boring day with lackluster market volumes. The market volumes seems to be stealing some of the headlines and has become a focus as dog days of summer are truly starting to take hold. Have a feeling in the next few days there will be a nice 1-2%+ move in the markets. Timing it is always the key!

SINA earnings report last night, where the headline numbers look great, but profits for the rest of the year look weak. Again, that is not always the story with SINA, and folks are usually more concerned about its ability to generate revenue and how they are looking to grow profits in the future. Still have hope for my $60 calls and may add some $55/57.50 at the open if I like what i see.

SHLD reported earnings this morning with EPS in line but a revenue miss. Just like I said yesterday, SHLD rallied on gigantic volume into the close and hit a high of 57.48(i said it would hit $57). Of course my order did not fill to sell the calls. Hard to figure what SHLD will do today, but have a feeling it continues it's ascent into the 60s.

NFLX continued its move higher, albeit a little slower on Wednesday. Chart still showing a reversal with plenty of room to move. Hopefully NFLX breaks $65 and the 67.50 calls can go from red to green.

I will be doing a LIVE Q and A session tonight at 7pm. I will have the link posted in the live chat room later this afternoon.

I will be out in the morning but once again you can email at optionmillionaires@gmail.com for any questions.

Will likely not be adding any positions for the 2k mirror account today unless I see something very compelling. Also, want to make sure the other 2 positions are closed.

Mirror followers check twitter for updates throughout the day.

Have a Great THURSDAY!

 

 

July 5th Watchlist

Hope everyone had a great holiday – now back onto business. Yesterday was the 4th of July today is National Intervention day. UK announced another round of QE as expected. Last vote was 5-4 against, but now UK needed to take action.

 

China reduced it’s lending and deposit rates again, the 2nd time in a month.

And finally the ECB lowered its rates to a record low of .75%.

LIke i keep saying, $SPY should be over $145 by now based on the US numbers, so this added intervention will help fuel the summer rally.

Buy the dips here IMHO -

More of the same for today on the watchlist as growth stocks will lead this charge IMHO ~

PCLN, LNKD, ISRG all look good.

AAPL breakin $600 PM here, maybe looking for $620 very quickly so $610 calls could be a nice flip.

SHLD – still on this one this week. Have $65s, 62.50s maybe a nice lotto @ .31 as this POS will start to get some legs here.

Earnings season next week, so will have some plays to grab before the weekend for the hype ~

Lets have another great trading day and remember, dont fight the tape!

- jimmy

Sears Holdings Corporation (SHLD)

Making money on options can be a tricky business, as a mere 1% move may result in a losing trade. Finding ones that may move 5-10% in a few day trading window is the recipe for success. Obviously finding them is the hard part. Sears Holdings Corporation (SHLD) came up up on a scan this morning and has a history for some large moves.

Looking at the chart, a break of $57.83 should ignite a sharper rally. We are currently holding the $60 weekly and July calls.