Friday, May 26, 2017

May 26 - Still long FCX, BIIB, STX, TWTR, RMBS...eyeing AAPL and SNAP next week

Not expecting much today and intermediate term looking to short the week after OPEX in June as seasonality is quite poor.  Sold BIDU and am thinking it pulls back to crew over the legion of later buyers expecting a breakout.

Other than that, don't plan on major changes to the Cecil Fielder account.

BIIB is set up super well

 FCX still churning and waiting on the Aug 13 calls
 Jun calls in STX
 Jun 2 call in TWTR
 Not ready yet but if SNAP consolidates again this is definitely a play for weekly calls

Same with AAPL

No comments:

Feb 27 - $shak primed for a big move

Still holding $RIG Mar2 and Mar16 calls which are up 100-200%.  $shak settling nicely and I have plenty of time with Jun 45 calls