15minofPham 170 posts msg #141417 - Ignore 15minofPham |
1/26/2018 12:41:54 PM
Shills,
I'll need to learn when to buy a Put on these 3X like you! Do you have a filter that you follow?
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shillllihs 6,047 posts msg #141420 - Ignore shillllihs |
1/26/2018 1:30:29 PM
Well actually Vxx has triggered but Uvxy has not so I’m not 100% yet.
I really don’t want to spill it all out here since I sell my system elsewhere for profit, and of course there are no guarentees of success. But there are few interesting things to look at if you want to share your email. Rather not put anymore out here.
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sumit.gargs@gmail.com 7 posts msg #141422 - Ignore sumit.gargs@gmail.com |
1/26/2018 3:33:45 PM
I want to understand how to use "options block trades" to identify buy calls/puts. Is there a blog/video link that I can refer to? What do different conditions (regular/autoexecution etc) mean?
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15minofPham 170 posts msg #141432 - Ignore 15minofPham |
1/26/2018 11:03:39 PM
Big Option Volume Play of the Day - VMC, $4.7 million, 6.000, 5/18 $145 Call $7.90, Stock $140.23
A premium of $4.7 million on 6,000 of the 5/18 $145 Call for $7.90 with stock at $140.23. VMC continued its breakout today and this investor thinks $150 is the next target as the break even point is $152.90. Monthly chart shows impending bullish MACD X-Over so barring a multi-monthly market melt down, the break even should be doable, albeit in only four months. As always the wild card is earnings in two weeks. Total option Call/Put volume percentage was an astounding 95-5 and bullish order sentiment was 97%, well above its 30-day average of 76%.
Thursday's spotlight - CMCSA, $3.1 million, 25,000, 8/17 $47.50 Call $1.24, Stock $42.19
Gained 1.57% to close at $42.80. Option closed at $1.43 putting the gain since purchase at 15.3%.
Closed out two positions after hitting our target/sell rule. The win/loss record for close positions now stand at 10-2.
VMW rocketed 9% helping the 7/20 160 Call close at $13.30 (purchase was $3.10) for a gain of 329% in only 4 days.
HDP gained 3.48% today, but the 5/18 25 Call fell to $.80 which triggered the sell at -50%.
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johnpaulca 12,036 posts msg #141433 - Ignore johnpaulca |
1/26/2018 11:58:58 PM
VMC....target is about $160 with no overhead supply
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15minofPham 170 posts msg #141434 - Ignore 15minofPham |
1/27/2018 12:53:36 AM
You are correct JP. That was a typo on my part. Target can't be below break even. Good eyes! VMC, long live and prosper!
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BoCap 18 posts msg #141490 - Ignore BoCap |
1/29/2018 2:01:36 PM
hello anh Tuan Pham, Ive inboxed you a note, please answer when you have time.
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15minofPham 170 posts msg #141513 - Ignore 15minofPham |
1/29/2018 11:24:27 PM
Big Option Play of the Day - AMZN
Amazon is expensive whether you buy the stock outright or its options. With that being said, it wasn't a surprise to see numerous small lots bought today. When all was said and done, total premium of $16.3 million on 3,000 of the 3/16/18 $1450 Call between $54-$68 with stock around $1415. For tracking purposes, it appears most lots were purchased at $58. This is a risky play as earnings is 2/1. As I'm writing this, futures are down almost .50% so if the market sells off entire day tomorrow, you'll be able to enter much cheaper if you want to hold through earnings. Total Call/Put option volume percentage was 60-40 and bullish order sentiment was 67%, above its 30-day average of 60%.
Friday's spotlight - VMC, $4.7 million, 6,000, 5/18/18 $145 Call $7.90, Stock $140.23
VMC dropped 1.55% which in turn dropped the option price to $7.40.
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BoCap 18 posts msg #141515 - Ignore BoCap |
1/30/2018 12:04:13 AM
Hello Anh Tuan, where do you get all this infos to see those big trades ?
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15minofPham 170 posts msg #141516 - Ignore 15minofPham |
1/30/2018 12:45:59 AM
Sumit & Bo,
Sorry I haven't responded sooner. My advice for newbies:
1) Don't buy options that expire within a month or two unless you already have a grasp of reading a stock chart or have a lot of capital. A couple of down weeks may not give you enough time to recover.
2) Set a stop loss!!! This is what you're comfortable in losing. ie 30, 40 or 50%. Even big players guess wrong! I wouldn't set it any higher than 30 as a lot of head fakes will stop you out.
3) Be patient, especially intraday. There's always a pullback where you can enter cheaper!
4) Start out buying solid companies. ie FB, AAPL, BA, COST, companies that have proved over time that it has gone up much more than it has gone down. Once you get a few months under your belt, then you can dip your toes into more riskier plays.
5) With earnings season underway, always check to see when the company reports. I've lost much more than I've won when playing through earnings unless you own an option that expires much later. This way it gives you time to recover. Options are unforgiven.
6) Market Chameleon is a great site to look for big blocks of Calls. If you haven't registered on Twitter yet, do so. There are many on there that will give you real time like Speedy Calls.
7) Beware of how the overall market trend is doing especially SPY. It goes down, it sinks all boats. If the market is choppy, then for sure buy expiration that's further out like 5-7 months. I've known people who only buy LEAPS, options that expire at least a year out. I only do this with my retirement account since it's much safer.
8) Write a filter to tell you how much a company has gone up X number of weeks. Use R-Square function, the best trend indicator that I've found.
There will be weeks here and there that will frustrate you but look at the monthly chart to assure yourself. Strong stocks rarely go below the 21 EMA and don't even give a thought about the 50. If you stick to strong or high relative strength stocks, you will win much more than you lose! You'd be surprised at how FAST your account grows!
Good luck and don't be afraid to ask questions. There are many here that's much more knowledgeable than me!
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