| StockFetcher Forums · Stock Picks and Trading · Follow The Money (Options) | << 1 ... 17 18 19 20 21 ... 31 >>Post Follow-up |
| johnpaulca 12,036 posts msg #141433 - Ignore johnpaulca |
1/26/2018 11:58:58 PM VMC....target is about $160 with no overhead supply |
| 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! |
| 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. |
| 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.  |
| 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 ? |
| 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! |
| sumit.gargs@gmail.com 7 posts msg #141522 - Ignore sumit.gargs@gmail.com |
1/30/2018 2:23:17 AM Thanks 15minofPham |
| karennma 8,057 posts msg #141525 - Ignore karennma |
1/30/2018 7:19:41 AM @ 15minofPham, Re: "look for big blocks of Calls" I don't read all the posts, so I may have missed it, but re:"big blocks of calls" ... How do you know whether the "big blocks" are being sold or bought. For example, let's say, AAPL has a large call volume. However, if it's a large call volume of sold calls, that's a bearish position. |
| 15minofPham 170 posts msg #141542 - Ignore 15minofPham |
1/30/2018 12:17:30 PM Hi Karen, You can filter option flow on Market Chameleon to "Ask & Above" in the "Side" box. This indicates a buy rather than a sell. I took it a step further by choosing "Qty > OI" meaning volume exceeds Open Interest suggesting it's a fresh buy. Doing this will reduce the results, but it gives you a better idea of the flow. Then you have to look for Condition such as "StoppedIM" and "AutoExcecution" which are non Spreads & BuyWrite. You can filter for these in "Condition" box. I'd like to keep an Exel spreadsheet of all Premium over $1 million then I go to its chart. If a stock is near support, I usually wait for it to take out previous day or week high. If it continues to drop the better as you can enter the option even cheaper! If a stock is at its 52 week high, then it's your call to enter it right away since bullish momentum is on your side or wait for the eventual pullback. EVERY stock has one or two down days in a 10 day rolling period. I set a price alert on the spreadsheet & with my trading platform to remind me since there's just too many plays to remember. HTH 
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| karennma 8,057 posts msg #141544 - Ignore karennma |
1/30/2018 12:30:14 PM Fabulous! Thanks! |
| StockFetcher Forums · Stock Picks and Trading · Follow The Money (Options) | << 1 ... 17 18 19 20 21 ... 31 >>Post Follow-up |