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Old 03-03-2017, 03:47 PM   #51
ASAP17
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Re: Help me with my Trade Exits.

Funny how all those AMD fintwits bulls have pretty quiet last few days as it pukes on heavy volume off ATHs. 10× in a year basically, the paradigm shifts in some of these names is truly crazy.
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Old 03-07-2017, 04:20 PM   #52
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Re: Help me with my Trade Exits.

getting into an HRB short position,, 20.68 avg, also bought some longer term puts .
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Old 03-09-2017, 11:49 AM   #53
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Re: Help me with my Trade Exits.

well HRB short is sucking right now, but i have a super strong feeling it will not have a good 4th quarter ,, so i bought 7/21 23 puts yesterday for 1.40 avg.. original purchase was for 3.3, in the red right now on this.
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Old 03-09-2017, 12:47 PM   #54
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Re: Help me with my Trade Exits.

if your thesis is they will not have a very good 4q what are you doing buying options from now on a event that will take place in 3 months?
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Old 03-09-2017, 12:56 PM   #55
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Re: Help me with my Trade Exits.

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if your thesis is they will not have a very good 4q what are you doing buying options from now on a event that will take place in 3 months?
because i also plan on shorting right before earnings,, last year , i went short, bought puts, when it was trading near 33 , and they made announcement the next day , warning,,. i dont want to be without a position, if that happens again. if the stock has gone up , stayed flat , from here until 6/8 . I will add to the position regardless . Also, june options are not available yet.
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Old 03-09-2017, 01:29 PM   #56
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Re: Help me with my Trade Exits.

what does you going short before earnings have anything to do with paying up for an option that based on your thesis is going to lose theta over the next 3 months?
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Old 03-09-2017, 01:34 PM   #57
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Re: Help me with my Trade Exits.

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what does you going short before earnings have anything to do with paying up for an option that based on your thesis is going to lose theta over the next 3 months?
I think the stock will head back to its 52 week lows, sooner than later, i said i will short near earnings, again/more , if i am wrong or right about that.
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Old 04-03-2017, 03:39 PM   #58
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Re: Help me with my Trade Exits.

Bought some MON 4/21 113 puts lotto tickets. Like my risk/reward ,even with the Bayer offer.
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Old 04-03-2017, 04:13 PM   #59
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Re: Help me with my Trade Exits.

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Bought some MON 4/21 113 puts lotto tickets. Like my risk/reward ,even with the Bayer offer.
Why exactly?
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Old 04-07-2017, 01:19 PM   #60
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Why exactly?
obviously , in hindsight , it looks like a horrible play .. I was expecting numbers to be a bit shorter than they were, was expecting some of the run that happened because of bayer to die down , was even hoping there was news that the merger was not going to go through . It was a situationi thought would have been a 5-10x if i was right .. which is why I'm also buying IBM april and may 170 puts right now..
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Old 04-07-2017, 09:39 PM   #61
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Re: Help me with my Trade Exits.

Sick trades, keep up the good work Myrna
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Old 04-19-2017, 10:27 AM   #62
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Re: Help me with my Trade Exits.

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obviously , in hindsight , it looks like a horrible play .. I was expecting numbers to be a bit shorter than they were, was expecting some of the run that happened because of bayer to die down , was even hoping there was news that the merger was not going to go through . It was a situationi thought would have been a 5-10x if i was right .. which is why I'm also buying IBM april and may 170 puts right now..
covered some of those ibm puts for a four bagger,, really needed it as i have been slumping in this bull market.. still holding half
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Old 04-24-2017, 11:36 AM   #63
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Re: Help me with my Trade Exits.

sold the remaining april puts on friday for a nice gain, still have the may IBM puts but NKE and MON puts ended up worthless. decided that NKE is a week or two from a 10% drop, so re upped nke puts ,, bought the 5/19 55 puts for .56 avg..
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Old 04-25-2017, 10:43 AM   #64
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Re: Help me with my Trade Exits.

bought even more nke 5/19 55 puts, this time i avg up at .655 , also got in to spy 5/12 235 puts @ 1.1 avg .. really loving my risk/reward here.
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Old 05-01-2017, 03:46 PM   #65
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Re: Help me with my Trade Exits.

i know it seems like valuations dont matter , but still have to play the turds


DNB short @ 110.60 and the may 105 puts @ 1.7 avg
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Old 05-01-2017, 04:28 PM   #66
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Re: Help me with my Trade Exits.

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Funny how all those AMD fintwits bulls have pretty quiet last few days as it pukes on heavy volume off ATHs. 10× in a year basically, the paradigm shifts in some of these names is truly crazy.
Guess who had puts for ER? R/R was really nice given how heavily the skew was biased towards the bulls.
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Old 05-03-2017, 03:43 PM   #67
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Re: Help me with my Trade Exits.

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Guess who had puts for ER? R/R was really nice given how heavily the skew was biased towards the bulls.
yeah, im a super idiot for missing that one, considering how many times amd has **** the bed too.. it was that and dnb as my plays that day, i should have split it up..


playing BCOR on the LONG side,, thats right,, kinda of a hedge with hrb, but its me hoping tax act made a dent in that race. long at 18.80
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Old 05-05-2017, 03:06 PM   #68
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Re: Help me with my Trade Exits.

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sold the remaining april puts on friday for a nice gain, still have the may IBM puts but NKE and MON puts ended up worthless. decided that NKE is a week or two from a 10% drop, so re upped nke puts ,, bought the 5/19 55 puts for .56 avg..
Warren bailed me out and got out of my IBM may puts,, wish i played that and the april ibm puts more aggressively ,, still have all my nke puts..
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Old 05-05-2017, 07:05 PM   #69
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Re: Help me with my Trade Exits.

Why puts on the S&P when it makes new all time highs? To me it seems a lot your trades are based on your emotions, but maybe I am reading too much into your posts.
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Old 05-08-2017, 02:54 PM   #70
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Re: Help me with my Trade Exits.

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Why puts on the S&P when it makes new all time highs? To me it seems a lot your trades are based on your emotions, but maybe I am reading too much into your posts.
not so much off emotion but trying to pick up patterns and going on risk/reward basis..

which leads to, STRP 6/16 june 200 puts,, picking these up around 9 and change. vix being super low and strp possibly being shady makes this a good play at this price.
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Old 05-08-2017, 03:16 PM   #71
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Re: Help me with my Trade Exits.

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not so much off emotion but trying to pick up patterns and going on risk/reward basis..

which leads to, STRP 6/16 june 200 puts,, picking these up around 9 and change. vix being super low and strp possibly being shady makes this a good play at this price.
Dude come on, your plays are straight gambling sorry. You do not have an edge here IMO.
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Old 05-08-2017, 03:18 PM   #72
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Re: Help me with my Trade Exits.

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Dude come on, your plays are straight gambling sorry. You do not have an edge here IMO.
asap, the risk/reward here is huge imo,, if bids do fall off, this can easily go back down below 180.. easily..
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Old 05-08-2017, 03:21 PM   #73
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Re: Help me with my Trade Exits.

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asap, the risk/reward here is huge imo,, if bids do fall off, this can easily go back down below 180.. easily..
So what? You said it yourself you really don't know what's going here so now you are buying puts? Plus what does a low VIX have to do with anything in this name?
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Old 05-08-2017, 04:38 PM   #74
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Re: Help me with my Trade Exits.

If the minimum bid is $184 & remember how desperate Verizon is to make moves right now... You can only make $6 at most in a month (given your puts breakeven at $190). Seems like a terrible r/r given market conditions. I love contrarian ideas especially in a market full of trend followers but you have to defend it especially if you want input by posting a thread like this.
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Old 05-09-2017, 02:03 PM   #75
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Re: Help me with my Trade Exits.

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If the minimum bid is $184 & remember how desperate Verizon is to make moves right now... You can only make $6 at most in a month (given your puts breakeven at $190). Seems like a terrible r/r given market conditions. I love contrarian ideas especially in a market full of trend followers but you have to defend it especially if you want input by posting a thread like this.
my defense is that the stock is up a good amount today (15+) and the puts are worth the SAME ,,


doing the opposite of what jesse livermore taught us and selling a winner,, BCOR @ 20.68 avg ,, ill take a win when i can nowadays,.
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