ZNGA actually looking good here. Could end up going back above $7 soon. Maybe back to $9 over the next few weeks. Trading at just above $6 now.
I'm seriously considering these July 7x calls at .20
Yeah I like LNKD too.
Finally sold my DISCA calls. Been holding it for 2 weeks, it was a champ through both triple digit sell offs. All cash now, considering STX calls for a play through July.
I'm long as well. I'm more so looking for a rally in July-August, particularly after 4th of July. I have some Aug AAPL 575c at around 26, been selling OTM weeklies against them on short term 15min technical turnover so my b/e price is about 22.3. I'm looking for 590, so my call targets at roughly 40-42. If we get an extended run, looking for 620-650. In my opinion, relatively safe play with earnings coming towards the end of July and sitting close to support levels right now. I think we drift around the 580s level pre-earning, gives me a good chance to sell some of those extremely high IV calls pre-earning as well.
That's true. I'm thinking it will play out though, volume on PEP is looking strong right now. Weekly and monthly charts are also still very bullish.
I plan on doubling (maybe more) my position on PEP tomorrow. Very bullish on it right now, not only because of the inverse H&S on the daily but the monthly has a wedge break to the upside right now with resistance around $68 which it is well above at the moment.... first resistance remains at $72 from the highs of last May (71.89). But my ultimate target is back to the all time high at $79 - $80. Although, I'm not sure it will be able to reach that by July's expiration.....
X had a great run this week. I missed it.
I thought NKE would beat on earnings, was really surprised to see it whacked yesterday