Stocks Daily Discussion

[pftq]

Added CMA Sept 31x calls at .80. Was supposed to buy at ask at .72. Hate the Wi-Fi here.

[pftq]

Bah GS calls didn't trigger the sell limit I left at $.32 while I was in class. (highest price just 2 cents lower but I wasn't there to change it).  Hope it triggers tomorrow morning. <_<

[pftq]

Out of GS at $.75 (+500%).  I think I remember someone telling me yesterday how I was sure to lose money on this trade because of the lack of hedging.  Interesting how that went.
Signal from yesterday:


CMA calls also at $1.30 here (+62%), but expiration is longer so I can hold.
AXL from a couple weeks back (a trendline break) is also at $.80 now (+45%).

[pftq]

Out of AXL at .9 (+63%).
Into next week F 10x calls at $.25

Update: Out of  at $.30 - was fast.

[ItsMeexD]

good spot on GS, was going to go in at 104.75 but took too long to go.

[pftq]

Looks like more sideways until the Fed announcement tomorrow.  Only picked up two trendline breaks for today; will watch KSS into close to make sure they keep looking bullish before I buy calls (but I'll be on my phone - so we'll see how well that goes lol ). Already picked up STJ Oct 40x calls at $1.30.

[pftq]

lol at the relief rally on AAPL. Too much selling before the release so after it goes up instead.

Passed on KSS, didn't like that it closed below 54

[pftq]

Crazy spike on SPY. Went heavy on spy calls after we dipped back below 145. looks like qe got announced

[wd1040]

Since when did additional MBS purchases which will be recycled into more MBS purchases mean QE3? Looks like QE 1 vers 2... except that didn't really work in the long run.

[pftq]

So far just me and Kevin Fu watching the market shoot up lol
You guys need to come on Live Chat and join us.
https://www.pftq.com/forums/chat/

[pftq]

lol at my program still holding SPY from June.  I really look forward to the day it finally makes a trade, would be dramatic.

[pftq]

Got out of my SPY next week 145x calls at $1.68 (from $1 an hour ago).
Going to gradually reload as we dip.  Thinking maybe we pullback mid-day and then end-of-day run up again to close near highs.

[pftq]

Got out of weekly calls at 148 on SPY.  146x today expiration, +300%
Going to reload on pullback, probably slower expiration and maybe other less overbought tickers to scale down my trading again.

[pftq]

Just holding some SPY next week calls and BAC 10x Oct. calls now.
Picked up most the BAC calls on the pullback based on the below chart:

[pftq]

Averaged down on BAC and SPY calls.  Thinking this is about the extent of the pullback.  Still confused why we'd sell off at all with QE3 just out, but ah well.