AAPL - I had time for one trade before heading out of the hotel yesterday morning. AAPL had a lot of selling pressure going into earnings on Tuesday. I just knew the afterhours gap could not hold in the AM as there would be too much profit-taking. Using the 1-min chart, I waited for AAPL to consolidate and cross below the moving averages. I shorted the stock for $2.80 profit.
OIH - After closing at the highs on Monday, the entire sector gapped lower on Tuesday AM. I sold @ 100.00 for $3.00 profit on the calls as OIH retraced most of the gap in the AM. There was another run-up late in the day but I was not around to get sucked in before the sell-off.
NOV - I should have taken profits on the run-up above $31 but eventually got stopped out for $0.30 loss on the sell-off.
BUCY - still holding the Nov 30 Calls.
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2 comments:
Hey OE... have you seen BlueDog? his blog is missin.
Hey Gio,
BD shut down his site a few weeks ago. He said he would still visit other blogs but needed to focus on his other job. He only left his explanation post up for a couple days before shutting down the blog.
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