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post #81 of 179
6/20/12 at 3:33pm
Quote:
Originally Posted by o7media View Post

HERO 3.50x July calls at .30.

 

Looking good here to 3.70, maybe 3.90. Just watching it for now, not in it myself.

 

HERO just broke its 3.60 resistance. Very strong volume today. Up 10%. Calls at .30 x .35 now, not much movement yet.

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post #82 of 179
6/21/12 at 10:31am

WYNN looking really good here. Very high volume. Looking for a $109.80 test. At $105.50 now.

 

Next week's 110x weekly calls are at .50.

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post #83 of 179
6/21/12 at 10:43am
Quote:
Originally Posted by o7media View Post

WYNN looking really good here. Very high volume. Looking for a $109.80 test. At $105.50 now.

 

Next week's 110x weekly calls are at .50.

 

Calls at .60. WYNN going for hod.

 

edit: new highs. .65 on the calls +30%

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post #84 of 179
6/21/12 at 10:56am

^^ WYNN flying. Calls at .90 +80% now.

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post #85 of 179
6/21/12 at 12:01pm

well, this sucks.. I loaded up on DX longs the other day, even before the fed stuff.. Caught the little pop EoD yesterday too, just failed to get long again today..

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post #86 of 179
6/21/12 at 2:18pm
Thread Starter 

im liking long here.. my indicator showing me banks might be a good long side trade here.. technicals not supporting it though

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post #87 of 179
6/21/12 at 3:20pm
Thread Starter 
Quote:
Originally Posted by charulz View Post

im liking long here.. my indicator showing me banks might be a good long side trade here.. technicals not supporting it though

 

bought some C july 30 calls hedged w/ weekly ms 14 puts..

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post #88 of 179
6/21/12 at 3:33pm
Thread Starter 

im long here.. still hodling my ms puts, but added to my C calls, bought some next weeks SPY 134s.. im hoping bank downgrades turns out to be one of those "bouncing because it was priced in already" type scenario's.. i'd like a relief rally tomorrow so i can exit everything.. if not i hope things get ugly enough for my ms puts to cover some losses

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post #89 of 179
6/21/12 at 6:09pm

I'm long too charulz. Good buy on your long banks, they're rallying after the downgrades.

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post #90 of 179
6/21/12 at 6:49pm

Potential bear flag on LOW but I'm afraid of shorting that one laughing.gif

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post #91 of 179
6/21/12 at 7:29pm

es.png

 

Breaking down from the bear flag, I'm personally looking for these two target regions. I would be satisfied if we hit my POC at around 1309, bonus levels are around 1290-1300. Looking for SPY to potentially fill the gap if we're looking lower than 1309. From another chart I've posted in the past gap fill territory is 129-130 range. I would love to flip long towards 1300. In my opinion we're looking at an ascending neckline on the IHS. 

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post #92 of 179
6/21/12 at 8:13pm
Quote:
Originally Posted by o7media View Post

 

SPY at 136 now. Resistance just a tad higher actually, around 136.10.

 

Great short here IMO. SPY 135x weekly puts at .55 right now.

 

Quote:
Originally Posted by o7media View Post

^^ That's the drop I was looking for. Was just off on the top. In the SPY puts at .55 ..just sold at .71 for a quick 27% gain.

 

 

Those SPY puts went to a high of $2.67 today horse.gif

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post #93 of 179
6/22/12 at 9:08am

Posted this in the hsm main thread yesterday. FB setting up for a big move over the next couple of weeks.

 

High (from the IPO) is in and the low from that two weeks ago has been put in in the $25 range. I was looking for it to test $32 after that bottom signal 2 weeks ago and it managed to make it up to 32.50, right at the first key resistance level.

 

Surprisingly it has held up well through this market sell off. Up pre market right now and I'm thinking it closes strong for the week. If that is the case FB should be heading back up to at least $34.50 and then possibly $37 the week after. Waiting til eod to play it just in case it does have a sell off today, but so far it's looking pretty good. 

 

The July 34x Calls closed at .75 yesterday. Those will probably be the ones I pick up if I do decide to buy.

 

e37c7c6b_Picture45.png

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post #94 of 179
6/22/12 at 10:36am

In GLD 150x quarterly puts at .98. Looking really weak here.

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post #95 of 179
6/22/12 at 11:13am
Quote:
Originally Posted by o7media View Post

In GLD 150x quarterly puts at .98. Looking really weak here.

 

Out at 1.04. Tiny profit after fees, too strong of a bounce there. I'll probably try to play it again next week.

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post #96 of 179
6/22/12 at 12:07pm
Thread Starter 

you get in those FB?

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post #97 of 179
6/22/12 at 1:28pm
Quote:
Originally Posted by charulz View Post

you get in those FB?

 

Unfortunately no. I was waiting til eod to see how it would close on the weekly.

 

Now I'm just gonna wait til next week.

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post #98 of 179
6/22/12 at 4:09pm

Still long over the weekend.

 

Have a good one guys.

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post #99 of 179
6/22/12 at 6:34pm

I felt like today was more short covering than anything else the normal algo hours many of the market leaders were trading up lightly and in much lower than normal volume. Seeing how ES sold off after close is one indication and right at the day's pivot point. Seems like a max pain rally towards close to take out the remaining open interest on many weekly options. I'm still looking for 1300s. 

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post #100 of 179
6/25/12 at 8:04pm
Quote:
Originally Posted by WillTheGreat View Post

I felt like today was more short covering than anything else the normal algo hours many of the market leaders were trading up lightly and in much lower than normal volume. Seeing how ES sold off after close is one indication and right at the day's pivot point. Seems like a max pain rally towards close to take out the remaining open interest on many weekly options. I'm still looking for 1300s. 

 

Good call thumbup.gif

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