Stocks Daily Discussion

[pftq]

Into LNG weekly calls with the stock at $15.15

Also picked up a few March calls on GRPN at $19.

[pftq]

MPEL is setting up a wedge for a potential upward break.  Going to try to enter a position closer to end of day with March calls.


Edit: Exited LNG/GRPN positions to enter MPEL calls at $12.

Another one I'm holding (Apr calls) for a potential upward break.

[pftq]

GRPN at $20.30 now - calls would be +50% if I stayed in instead of switching to MPEL.

MPEL is also doing nicely though, currently at $12.20 (entry $12).  Sometimes I wish you could just stack the two gains.

[pftq]

Support established nicely at $24 for PCYC.  Someone also just bought 60k in one trade, so I'm keeping an eye on it.

[pftq]

ACW setting up for a potential break.

[pftq]

Picked up a few MDT March calls.  They just received FDA approval for their drug.
Not seeing much reacion in the stock yet though so I'll add more only if a run actually builds.

[pftq]

MDT didn't do anything - good thing it was only a few.  Again, gotta stop deviating from Tech Analysis.

Picked up NOV calls for April on pullback to $87 just now.  Resistance break just like MPEL.


Also keeping an eye on TSLA for this chart setup.


Edit: Also picked up Apr puts on RSH after it broke new lows.  Was planning on getting in right before earnings but forgot. -_-

[pftq]

Adding N and CONN to watchlist as potential breakouts.

[pftq]

Google about to sell its stake in CLWR:
http://news.yahoo.com/clearwire-falls-google-says-sell-stake-163243884.html

CLWR at $2.15


And SODA is doing quite well at $44 now (posted at $40 last week).

[pftq]

UNG nearing support again, good for call re-entry.
GRPN nearing resist as well, watching for put entry.

CVC's also running on high volume since open.  Daily chart also looks nice.
Edit: Nope, sold off hard there.  Maybe playable for a bounce but otherwise moving on. >.<

[pftq]

Took a little while but MPEL is finally running.  Doing very nicely here at $12.80

[pftq]

Out of MPEL at $13.50 (entered at $12).  +60% on calls.
Took a long time and lost a lot on decay but unfortunately don't have the luxury of watching my positions so closely until the summer.

[pftq]

DMND dropping a lot lately because of accounting issues.  However, its breakup value is supposed to be somewhere in the $40s (stock is at $25 right now).

Picked up a few 27x calls as the volume is picking up, but it might be worth looking at for long term.

[pftq]

SWHC breaking out here on a rating upgrade.  Resist at $7.50, call spread isn't too bad either if you want to play it that way.

[pftq]

Not too much trading lately on my part due to midterms and whatnot.  Mainly just holding DMND June 24x calls for the next month or so.  Am thinking GRPN puts mid-April.

Might post a few scans once in a while though.  This one from the morning.

IGC's making a break for it.  Just cleared $.50 - but it's a penny stock, so keep that in mind.
Ideally want it to hold $.45 as support - lvl2 bid/ask is 30k/14k right now.


Also EL at $63, Apr 65x calls at $.80 It recently cleared $60 resist and the Apr options only need about $2.50 move to get 100%.