Potential call-option jackpot-er, good till the close (This could also pan out on the opening tomorrow, but I am not suggesting that you attempt it then)

Actionable Trade-Alert

from Rick in the Trading Room

(Please check all related discussion in the room before you do any trades.)

14:15

  Roxygroove

bottom fishing some Goog tos.mx/47jvndv a=140.16, b=137.04, c=139.73, Dec 1 138 strikes, @ $.42

14:17

  Formula382

Rick, great call on TLT. I didn’t post as I don’t like to wear the room out but I went pretty large in TLT this morning in my models, up nearly a buck on the day! [ Nice trade! Glad those HPs are working for ya. RA }} ]

14:42

  Roxygroove

out with tight stop on goog, very minimal loss. will wait a tighter time frame to form another rabc, and wait for a true X entry

15:00

15:19

  Rick

Roxy, did you notice that the 138 PUTS were a screaming buy on the opening at 0.31, two cents off the intraday low, before their price septupled? (a=3.05 on Nov 17).

15:28

  Roxygroove

Now, that I look back at that, yes… and wow. I was fixated elsewhere this morning, but that little fishing lesson is appreciated. thank you,

15:35

  Rick

Why don’t you make it back buying calls when the stock hits 136.03? I’ll let you figure this one out for yourself, but it’s all on the 15-minute chart. I hesitate to make it an overnighter because that will cost me a lot of edge, but it would be a no-brainer if there were another hour left in the day.

15:38

  Rick

Aww, screw it. Put in a sttink bid till the close for 138 calls at 0.15. That is two cents above p2 of the bearish option pattern.

 

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