I had two carry overs from yesterdays monster close. WDR and PVH where both shorted near the close as they developed into overbought along with the market going crazy at the end I thought we may have a pull back in the open for today. I was not disappointed. WDR + 533 NAV + 1241 I was hoping after the recent rally and after yesterdays gains that I might see some signals to trade today. This bear market has really punished my LVS and GE holdings. I did get some and they started out early. AGN H, B6, B6+, One of the best trades this month. Several people in the chat room made some nice coin with this one today. + 4154 CCL H, B6, + 420 PVH H, B6, + 1072 WFMI H, + 71 HSP H, B6+, + 1323 Today is my best day of the year and one of the top days for me as a trader. + 10158 Day ~ 40K shares
Mr. Weinstein, My sincerest congratulations to you Sir Also glad you're felling better Take Care Redneck
Hello NoDoji, Thanks for the kind words !! Yeah, I think NFLX is really setup nice for witting some premium. I watched it on and off today between trades and it appears one day is burned off never to return. I will continue to write more calls if it moves higher. Best to you Nod RW
Hey Redneck, A very big thank you for your kind words. Days like today sure are fun and with a short while to go in the day I looked forward to going at it again with renewed confidence. I hope your also having a great day !! RW
Robert: Mazeltov! There was no doubt in anyone's mind that you were going to recover from your loss in no time. N-O-T-I-M-E! I will make this an addition to my New Year's Resolution: Trade with Mr.Weinstein!
After a day like yesterday how does one go about repeating it? Well I wasnât able to repeat it as a day but I did have a couple of really nice trades that brought me along really nicely. NFLX, the stock that I just wrote a small amount of calls with found the down button today. The options I wrote for 75 cents are now worth 30. GE also found the lower button after being higher for the open. I am glad to see that it did not fall under 10 again but it came close and we still have a half an hour to trade as I write this. I spent some time today looking for Fleetwood mac tickets after finding out they are touring again. I think it would be great to see them again. Not sure I am ready to drop 4K to get front and center but for about 500 you can get center and a few rows back on stub hub. Now I have to decide if I am that big of a musical buff to spend that kind of money on a concert. choices choices Trading went well today WFR H, B6, + 1477 WFMI H, B6, + 2005 KBH H, B6, + 204 + 3687 Day + 15610 Week - 22341 Month ~ 15K Shares
It was a busy day in the openin today and with a lot of follow through for the day. I didnââ¬â¢t have any carry overs from yesterday but with the market as strong as its been I was really excited to get back in the office to see what the day might bring. I started out right away with looking at MYGN. I looked at it yesterday and today in pre market the stock did a two for one split. This as usually sent the stock price much higher and opened gap up which I traded. This was the first Gap up signal that I took this week and I kept the size small. I also did not chase the price down as I entered in with one lost that was partially filled at 277 shares. The rest of the day was filled getting signal after signal only to find that most were not qualified. Some where and those that where paid off nicely if I was able to short it. One that I was not able to short but another in the chat room was able to short was CTRP. A gain of about 40 cents was made which happened in under an hour. MYGN GU, + 323 BBY GU, + 1211 FSLR, H B6, + 1351 GVA B6 (unqual) + 1787 HP H, B6+, +157 RVBD B6 (unqual) + 302 TNB B6 (unqual) out early + 58 WFR H, B6, + 2861 ALKS B6, H, (unqual) + 679 + 8735 Day
Three days to go in the month and I actually can see the break even mark. That in itself is something a week ago I did not think would be possible. With the final trading day of the week I was able to make some nice gains. I did not have the herculean gains of some of the days this week but a very respectable showing none the less. I traded WAT back and forth for over 90 minutes today and it took me for quite the ride. In the end the bronco broke and I closed it out with a nice gain. Still looked for Fleetwood Mac tickets. Now my focus is the Las Vegas show. Looks like I will need to get at least two tickets and I know of no one that cares that much about Fleetwood to want to share in premium tickets. I just can't see going to a concert and not being right up there in front and center. This week is the best week I have had this year and maybe one of the best ever. WAT H, + 2651 NVLS discretionary, + 910 LTM H, + 172 + 3734 Day + 28079 Week
Bob, although your having a week like this doesn't surprise me in the least, having a week like this right on the heels of a major loss is testament to your prowess, your experience, and your professionalism. Go have fun!