Set-ups for Week Starting 6/2/14

I have a fairly long list of set-ups, but after a while it gets to be too much so I tried to sort through my favorites. The market may pull back this week as we are a bit overstretched, but I don’t want to be constantly on guard for a pullback that I can’t time...

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Open Interest for 6/6/14 Expiration

AAPL: Last week price was over the highest call open interest and we saw that it never looked back. This week it is in the middle of those two strikes. AAPL has heavy resistance around the 634 area. If it gets above there then odds are it’s going to keep going higher. If it never...

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This Time ‘IS’ Different

According to the efficient market hypothesis, no investor has an advantage in predicting a return on a stock price because no one has access to information not already available to everyone else. This year has been a frustrating one for both the bulls and bears. Regardless of the lack of returns thus far in 2014, […]

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Open Interest for 5/30/14 Expiration

Hope you are all having a good weekend. I want to be cautious with these because if momentum stocks do end  up with follow through from last week then the open interest will change. The strength could be attributed to the low volume holiday pump, but even so that could spark them to keep rallying. Also,...

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Set-ups for Week of 5/26/14

Hope everyone is having a nice long weekend. I have good news and bad news. I will start with the bad news cause I like to get it over with. The recent puts we bought we may have to finagle our way out of on any minor pull back and will likely incur some losses on...

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So is This Bearish or Just More Chop? #SassyMusings 5/20/14

Well well well, what do we have here? SPX once again remains in chop. Today was a good day and it’s because I stuck to my plan and didn’t let noise shake me out this morning (which I have done many times before). The morning was weak, but then we began to recover and I […]

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Open Interest for 5/23/14 Expiration

Often when I look at the open interest I will see a theme, such as lots more puts or lots more calls, but it’s very mixed this week. There are a quite a few opportunities we can possibly seize on, but I think they will depend on the environment and if they trigger. The ones I think...

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Set-ups for Week of 5/19/14

The direction of next week is a mystery. When I look at the indexes and the breadth indicators I am neutral to bearish; yet I have more longs on this list then shorts. That is partly because I think some industries are just doing better than others and because I don’t actually have many set-ups. I...

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What’s New Besides More Chop and What to Keep Focused on

The bottom line is that there really isn’t that much new to say regarding the markets so I will keep this brief and highlight some things I think are important to keep track of as the chop continues. I’m seeing many people expect some type of resolution to this chop next week. It’s possible and […]

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For Curious Minds

Among many other things that I provide all week to my members, each weekend I post open interest and my thoughts. For those who have asked here is what I posted on Saturday before the week began. You can see many of them worked nicely if you new where the levels were. One thing I […]

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Fugly!!! #SassyMusings 5/15/14

Well I for one did not come into this morning expecting what we got. If you did, bravo! The good news is that when I got long on Monday, I took most of my profits already except for a couple runners (because you just can’t hold anything in this market). The bad news is I […]

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Good Day To Be A Bull Today #SassyMusings 5/12/14

Last week before the close I told my subscribers that I felt a nice gap up coming. I then wrote about my expectations for a bullish week to non subscribers here. So far that is looking good as well as the transportation and industrial sectors as I mentioned. Our entire watch list pretty much triggered […]

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Open Interest for 5/17/14 Expiration

These are typically more helpful on monthlies than weeklies so I put all of the usual’s instead of just the ones that stick out more. Hopefully we can get some good short term trades out of some. AAPL: Last week I described exactly what would happen and it happened perfectly. This coming week I’m not...

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Set-ups for Week Starting 5/12/14

Hope everyone is having a nice weekend. Before I begin, I wanted to let you know that I am making a change to how I will be calling out trades. The way I have been doing it just isn’t working due to the variety of subscribers I have. I have been trying to pick strikes...

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Follow The Rotation, Follow the Money

Another week has gone by and little has been resolved in the markets. Pretty much everyone is clueless and making up explanations for every movement that takes place. This is the type of environment that is wise to be patient in and to cut back on trading activity. The QQQ and IWM are still removed […]

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This Market is on Crack Yo, Part III #SassyMusings 5/8/14

All day long, WTF goes through my head. Musk had a mixed day…..TSLA taken out back, SCTY rises like the sun (except in NYC where it never rises anymore). PCLN almost did a round trip. Get it, “trip.” Ok never mind, lame I know. If you think you know something, you don’t. Or I don’t. […]

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I Don’t Know Sh$t and Neither Does Anyone Else #SassyMusings 5/7/14

When you take a step back and just look at how the markets are trading, it’s actually humorous. For instance, first thing I noticed this morning when we were selling off were the financials were holding up. The only thing I could think was WTF? No one really knows what the F* is going on, […]

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Twitter Tarnished Tuesday #SassyMusings 5/6/14

Now the third time I got to recycle that picture. It was inevitable that a Tuesday would fail. I’m sure you knew that….I hope you did. Yesterday wasn’t much fun for me. I didn’t enjoy missing out on the bounces, but I stuck to my plan and today was good confirmation of why I have […]

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Update of Open Positions With Notes

It’s me one more time. Just wanted to update our open positions (most that aren’t doing as well as the ones we have closed). I have notes on all of them. The notes are to tell tell you what my thoughts are regarding our position, but also they are there to educate you. ...

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Open Interest for 5/9/14 Expiration

Here are the ones I find have anything usable. Again I want to note that these haven’t been working as well in this choppy environment as they typically do because they change so much during the week. But doesn’t mean I am going to stop monitoring them :-). AAPL: If I had to guess, AAPL...

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Set-ups For Week Starting 5/5/14

Hey Guys, happy weekend to you all. First I want to acknowledge and give a shout out to those of you that have now been with me for a month and have decided to stay. I appreciate you believing in me and taking a chance on the new girl. I want you to know I am constantly...

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Simple Explanation for the Current Market

Every week we see that markets are near highs. We read and hear that we “are due for a correction,” that there are bearish divergences based on endless indicators, that we are in a bubble that can’t sustain itself. And yet, we look at the indices and nothing looks ominous. Yes the QQQ‘s and IWM have […]

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Bird Down Part II #SassyMusings 4/29/14

I am recycling pictures from last earnings. Honestly not sure why so many people went long TWTR before earnings. Not that I’m hating, but it wasn’t like they did anything meaningful to make me think metrics had changed. Plus even earnings beats have been beaten up this season. Anyway, if you are down, I am […]

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The Entire V-Shape Reversal in One Day #SassyMusings 4/28/14

We used to get V-shape reversals that lasted at least a couple weeks, now we have both the down and the up side of the V in one day. What’s interesting is that while the indices pretty much made up all today’s losses, many stocks that sold off this morning did not. If I counted […]

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Open Interest for Expiration 5/2/14

Here is some open interest charts. I’m finding that in this very choppy environment the weeklies are not working as well and that the open interest is drastically changing from day to day, whereas in treading markets it doesn’t change so much. For that reason, I am going to focus less attention on how it...

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Set-Ups for Week Starting 4/28/14

Hope everyone is having a nice weekend. I’m going to change things up just a little bit going forward. Given the bipolar nature of our market instead of having 10 or so set-ups over the weekend, I will pick around five of the ones I deem best and then as the week progresses add a...

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What The F%^$ is Going on Here Part II

A few weeks ago I wrote What The F%^$ is Going on Here (Part I) and I just read the introduction. I could probably just copy and paste it here, since not much has changed. High growth momentum names are still getting crushed, utilities are still outperforming and the SPX isn’t selling off in the […]

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Market Back on Crack #SassyMusings 4/24/14

So we get a few flat days and then have big up/down days. They are getting less exciting. Where are we going from here? If you say you know then more power to you, but I don’t believe you. AMZN pretty much flat after earnings so far. Let’s see what the king of magic Bezo’s can […]

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A Little Bit of Market Churn #SassyMusings 4/23/14

FB reported great earnings, but so far fairly muted response. It’s early. Do people really play ZNGA games still? I guess so. GILD had amazing earnings and only closed up 1.4%. So you could make the argument that the bull market is over. However, I would keep an open mind and say maybe the bull market […]

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Still Trying to Navigate the Confusing Market #SassyMusings 4/21/14

NFLX up a little right now (10 min after the close). Good earnings, good guidance and going to charge more for new subscribers soon. That should be good for the stock, but let’s see if people who didn’t get out above 400 sell into it or not. Will be a big market momo test. Day […]

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Open Interest for 4/25/14 Expiration

AAPL: Honestly I’m surprised at how muted the open interest is for an earnings week. There is nothing I can see as helpful currently. Maybe after earnings.    AMZN: If it gets over 330, but those calls stay the same then could be a good short at the end of the week.  BIDU: Let’s see...

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Set-ups for 4/25/14 Expiration

Level 1: This is the last week I will be posting for Level 1 and I will make sure all your recurring payments are canceled before anyone gets renewed. Thanks for understanding. Hopefully I will get a chance to work with you in my premium level service. Good luck to you. Regarding these set-ups. I...

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Assessing the Mixed Messages of the Market

If you have been trading the markets the last couple of months you have probably recognized that something doesn’t seem right. If you traded these markets last week, then you really know something doesn’t seem right. The large swings last week were uncanny. It is assumed that the massive swings we saw are a day traders dream, […]

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No Such Thing As MaxPain Huh? Fine, Let’s Call It SassyPain

I’ve seen some stuff floating around twitter lately that maxpain doesn’t work. Well, I would agree if you use traditional maxpain, which uses dollar value as opposed to open interest and volume. You can read more about that here. After a couple years of tracking open interest on high beta stocks and watching stocks pin […]

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The Quiet Before More Storm #SassyMusings 4/16/14

Snoozefest today, which while it didn’t provide much intra-day opportunity was probably much needed after the recent volatility. The volatility will surely be back soon. GOOG or GOOGL (how annoying is that) paid per clips down and so far stock taking a hit. IBM as well. You think it affects the market tomorrow? I have no clue. TLT […]

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Way More Fun Than Last Year! #SassyMusings 4/15/14

I said it yesterday and I will say it again today….this market is on crack yo! Last year the bulk of my profits came from swings, but in this environment you can make so much intra-day if you play it right and have no overnight risk. And the greatest part is if you miss a […]

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Some Crazy Sic Moves #SassyMusings 14/14/14

This market is on crack yo…..I mean WTF? Decent size gap up today, but took a little over an hour this morning before there seemed to be any conviction as to whether it would hold. I came in flat today, but then seeing the gap hold and internals strong I tried two longs. A short […]

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Open Interest for 4/19/14 Expiration

AAPL: This has room to fall to 500, but could pin at 525 if the open interest doesn’t change too much all week (unlikely to not change much). I would definitely by calls if it got to 500.     AMZN: As I stated on the set-up sheet, I think you could play a good bounce...

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Set Ups for Expiration 4/19/14

Things to consider: At some point next week we should see either capitulation and then a new uptrend or a strong bounce and then a resumption lower. The best approach next week is to sit on your hands until we see a range break (either a break of Friday’s SPX lows or back over Friday’s...

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A Bounce to Sell Into or Capitulation Next Week?

Flat. That is how I am positioned over the weekend. I see no edge in either direction at this juncture. The short term trend is down, but we are oversold based on some measures. This is a market for those that embrace volatility and not for those looking for longer term trends; therefore, quick one […]

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I Guess the Answer Was Pounced #SassyMusings 4/10/14

The title is in reference to my post two days ago titled, Is That a Bounce or Are You About to Get Pounced. Yellen doesn’t get follow through love like Ben. Why an old lady would sign up for a job like that is beyond me. I’d rather retire somewhere and chill. So happy that […]

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Some Healthcare Wall Street Darlings

I am going to share some very well researched and good information for you. These are fundamentally sound healthcare companies that have a lot of upside potential and are darlings of Wall Street. If bio’s and health care make a comeback you will benefit from these. Pharmaceuticals  Health Care Providers  Health Care Equipment & Supplies […]

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Let Me Clarify What I Meant by Rate Hike #SassyMusings 4/9/14

Fun day huh? I must thank Yellen for that pop we got to sell into. Essentially the Fed clarified backtracked out of that detailed description of rate hikes. As I mentioned yesterday, I think the brunt of the selling is over (for the time being). I don’t think all stocks blast to new highs like they […]

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Is That a Bounce or Are You About to Get Pounced? #SassyMusings 4/8/14

  I don’t know, can we call today a bounce? It’s not a 2013 bounce, but hey a bounce is a bounce. Finacials still meh led by the big dog himself GS. Tech hung in there pretty well, but was somewhat bifurcated. Of course it was led down by the other dog herself AAPL. I […]

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Case of the Monday’s #SassyMusings

I know lame title cause it’s just too obvious. Deal with it. Follow through with some more downside is not bullish by the way (now I sound like Keith, yikes! I won’t do that again). So when will we get a good bounce? You know, reward the dip buyers, shake out the shorts, give CNBC […]

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Open Interest For Expiration 4/11/14

AAPL: It closed right above the 50-day. Could be a good bounce play, but don’t try buying too late cause unless there is news (even if there is news), that 540 is going to be a tough one to crack (unless it’s right at the start of the week).  AMZN: Very close to filling the...

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Set-ups for week 4/7/14 – 4/11/14

Hey my lovely peeps! Ok a few messages before I begin with the set-ups. Thank you guys for believing in me enough to join. I have taken a lot of heat since I’m “another one” starting a service. I know that I need to just ignore it and I know that over time people will...

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Set-ups for week 4/7 to 4/11

I hope you guys had a good week. I want to emphasize something here for Level 1 traders. If you subscribed to this level, I assume that you are already a seasoned trader and have a process just looking for ideas or open interest. The reason I say that is because I make the set-up...

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What The F%^$ is Going on Here?!?!

What a week! It couldn’t have been permeated with more mixed signals and divergences. SPX made all time highs, while the rest of the market was taken to the woodshed. For a several weeks now I have been pointing out all the divergences and presenting a bearish tone to my posts. Anyone who followed me […]

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Where’s All The Money Yo? #SassyMusings 4/3/14

If you are watching the momentum stocks you may be wondering where all the money is going? Well, I see some select energy, semi’s, financials, and oh yes, old time tech. Which brings me to my…. Tweet of the day:  I’m going to venture to say that won’t last all year. We either start rotating […]

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All SPX Roads Lead to The Same Place #SassyMusings 4/2/14

And where do those roads lead? All time highs of course. Divergences, Shmivergences. We are back at all time highs! Woohoo Ok I’m exaggerating. Although we are at highs, it just doesn’t feel the same as it did last year does it? Well that is probably because there are a lot of laggards that aren’t […]

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The Market and It’s 15 Minutes of Fame – #SassyMusings 4/1/14

First day of the second quarter and money flowed in as expected. Of course it all flowed into a gap up, the very start of the day and the last 15 minutes of the day. SPX at new highs. A bit of recovery in the biotech’s and the momentum stocks. So far trend seems to […]

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Monday Morning Fake-out – SassyMusings 3/31/14

Please check out my latest piece on TheStreet today. Bulls Make Money, Bears Make Money, How Can Anybody Make Money Right now? Today: ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ Once again we had the overnight lift, brought some hope back in, and crushed it. Except for the IWM, which was trading in its own world today. Anyone chasing those momo […]

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Open Interest For Expiration 4/04/14

This is the first time I am making this private. Feels odd :-). Please make sure you read my free regular market commentary for the weekend here. AAPL: It’s definitely acting better and trying to clear the downtrend line; however you know the rules with AAPL. If it doesn’t get over the high open interest...

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Set-ups for the week beginning 3/31/14

Please make sure to read the Important rules and notes! Longs: WDC: It keeps trying to breakout. Strategy: Go long above 91.10 with May (monthly) 92.5 calls. stop set at 87.95. Scale out half around at 93 and move your stop to break-even. keep scaling out and moving your stop up if trade continues to work....

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Important Rules and Notes

1. The watch list is just that. It is good set-ups that may or may not trigger. That means not all of them will be or should be taken. If you are not in my level 2 service and don’t know if I am taking the trade you must survey the market around you when...

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The Bears Have Come Out of Hibernation + SPY Open Interest

Bulls make money, bears make money, but in this market, only tactical traders make money. For the last few weeks the SPX and DJIA have held up within a range giving the impression that the market has been relatively flat, but underneath the surface things have not looked so neat. The areas of the market that […]

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Welcome Premium Members

Thank you for signing up for SassyOptions LLC Premium. Your transaction has been completed, and a receipt for your purchase has been emailed to you. You may log into your account at www.paypal.com/us to view details of this transaction. Details you need to know. Every weekend by Sunday at 10:00 pm (usually the post will be done way before...

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Open Interest updates – 3/26/14

Since tracking these I have never had to shift so many of the graphs to fit the new ranges due to how much they have fallen since this weekend when I posted the original one. SPY:  AAPL:  AMZN: BIDU:  CMG: FB: GOOG:  LNKD:NFLX:    PCLN: TSLA:  TWTR: I now have my premium service page updated with some […]

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Market Wants to Eat You Alive – SassyMusings 3/25/14

If the market feels like it is biting your head off and eating it alive, you aren’t alone. The BEST thing to do is wait it out or at least trade very small. The momentum and bio stocks being beaten down is bearish, yet the indexes are doing a good job hiding that. So will […]

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Open Interest and Notes for Momentum Stocks – 3/28/14 Expiration

Last week really highlighted how much open interest can affect prices and was especially pronounced due to it being quarterly expiration. If you haven’t had a chance to look, check out last weeks open interest and Friday’s closing prices. There has definitely been some weakening across the board in momentum stocks. If you haven’t had […]

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Confused Enough? Weekly Outlook + SPY Open Interest

This market has been anything but easy to navigate since the start of the year. The first quarter is nearly over and we are currently up, but only by about one percent. Last week was full of noise with Crimea, Yellen, OPEX, etc.  It’s very hard to make meaning of all that happened as most […]

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Shake’em Out and Take Us Higher – SassyMusings 3/20/14

A lot of chop recently, shake’n’bake yesterday, and fly away today. Semiconductors (SMH) and Financials (XLF) going higher tends to be bullish for the overall market. Stay with the trend for now. Speaking of financials, they were a very nice gift today because as I posted yesterday I got long FAS and KRE call options […]

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Updated Open Interest for March OPEX

Wow, what a day! Anyway, here is some updated open interest. These do not include any options that were bought or sold today. For more information on open interest please see the education section of this site. SPY:  AAPL:  AMZN: BIDU: CMG: FB:  GOOG:  LNKD: NFLX: PCLN: TSLA:  TWTR: I now have my premium service page […]

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Will the Market Sail or Fail? SassyMusings 3/17/14

The key to surviving as a short term trader is adaptation. I came into this week with a more bearish bias as you can see here. After today’s gap up that managed to hold firm the entire day, I am more neutral and ready for whatever comes next. SPX managed to trade over the 1850 […]

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Open Interest for Momentum Stocks – March OPEX

As I stated in my market commentary for this weekend, I am starting to see more short set-ups than longs. This includes some of the following momentum stocks. You will notice that many of these open interest graphs have one strike that is very prominent. Sometimes that strike can act as a magnet (read more […]

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Triple Threat March OPEX + What SPY Open Interest May be Suggesting

Last week was rough. It was difficult to make money on either side. As I mentioned last weekend the best strategy for now is practicing patience. With such a volatile and choppy environment, set-ups are more likely to fail and trying to anticipate the next move is a guessing game. Next week we have a lot […]

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FUGLY! – 3/13/14 SassyMusings

Ugly day. If you have been following my blog all week, then you know I should have stuck to my original thesis, which is that we would get to 183 or 185. Alas, the market never makes things easy and I closed my puts yesterday morning. Today I tried some SPY calls a little below […]

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Open Interest Updates on Momentum Stocks 3/13/14

The following are the open interest as of the this morning not including any trades taken today. For more information on how to use it if you are new to my site, here are a few links with information: What is Maxpain? Delta hedging. One strike. SPY:  AAPL:  AMZN:  BIDU:  CMG:  FB:  GOOG:  LNKD: NFLX: […]

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Being a Bull is so Much More Fun #SassyMusings 3/12/14

Last night, here, I wrote this, “Either way I’m holding my swing longs (that haven’t stopped me out) and puts in SPY, WYNN, & NFLX. And for those of you that know me, you know that is rare.” This morning at 10:10 EST I wrote this:  Right after that, I bought a couple things on sale, did some […]

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Mayday! Mayday! We are Falling #SassyMusings 3/11/14

First and foremost, I had my first contribution to TheStreet today. I have no idea if I will continue to write for them, but I thought I would give it at try. Will you do me a favor and click on it so that it gets some traffic please? My-Street-article-click-me. Thanks 🙂 As I mentioned […]

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Open Interest Updates for SPY AAPL AMZN BIDU FB GOOG NFLX TSLA & TWTR

Not much has changed in my overall view of the market from what I wrote over the weekend here. Here are some open interest updates: SPY: 188 needs to hold up. I worry that if price goes below there for too long it will lead to a larger sell off with all those puts and […]

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Open Interest for Momentum Stocks – March 14th Expiration

Last week I stated that I really wasn’t seeing much that attracted me among these momentum stocks. I had a couple intra-week trades and am holding some AMZN and BIDU (both April expirations and both bought prior to last week). This week as I mentioned in my other post this weekend I am going to […]

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Here Comes the Hard Part + Open Interest for SPY, IWM & QQQ

Here we are again sitting at all time highs, overbought, with a very low put to call ratio and the sense of complacency upon us. Does it sound familiar? Well, if it doesn’t, then this must be your first year in the markets. So why is this the hard part if we have been here […]

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It’s Time to Buy Twitter. Say What?!?!

When TWTR was trading around the price of $40 back in December of 2013, I took to twitter and said that it was a good buying opportunity and that it would be chased higher very shortly. About a week later it began moving higher and in just a couple weeks was trading over $70. I […]

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Open Interest Updates on SPY, AAPL, AMZN & FB. 3/6

SPY: Want to see 185 hold rest of the week.    AAPL:  AMZN: Would have thought some of the 365’s would have closed.  FB: Also would have expected some 70’s to have closed. 

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Boring Can Be Bullish – March 5th #SassyMusings

I started the week not having much conviction on many of the momentum stocks. That obviously changed Tuesday. I have been tracking FB calls across March and June and so far almost all the high open interest calls (many bought in blocks) are still there. After yesterday’s bullish day, I did get back in. AMZN […]

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A Note on Pinning & Open Interest + OI updates – March 5th

Pinning can be a great tool to see where your stock may end up at the end of the week. Even though I give you the open interest at the start of each week and often mid-week, it’s still best used at the end of the week. However, there are many caveats to the workings […]

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Turn Around Tuesday or Doomsday? Big Bets on Tech Going Higher #SassyMusings March 3rd

As I mentioned over the weekend here, we were short term overbought based on stocks over their 20-day MA. . You add that to geopolitical events and the uncertainty they create and you get a tough environment for stocks to move further up in. Although today didn’t necessarily “feel good,” for the bulls, it’s hard to […]

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Ukraine, All Time Highs, Biotech Bubble – What it All Means + OI for SPX, IWM, QQQ, & XLF

Note that the following market conditions I write about can easily be trumped by news (i.e. Ukraine/Russia). The market has been tricky and has felt stuck at old highs acting as resistance. However, even with the violent drop late Friday due to the Ukraine/Russia news, we still managed to close the day, the week, the […]

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Open Interest for Momentum Stocks – OPEX March 7th

The following are the open interest graphs for March 7th expiration on $AAPL $AMZN $BIDU $CMG $FB $GOOG $LNKD $NFLX $PCLN $SCTY $TSLA and $TWTR. For further understanding of how to make use of these please read What is Maxpain and visit the education section of my site. For SPY, IWM, QQQ, & XLF open interest and market comments for next week […]

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Open Interest Updates for $AAPL $AMZN $BIDU $FB $GOOG $LNKD $NFLX $SCTY $TSLA $TWTR

The open interest is as of this morning (February 27th) and does not include any trades made today. For further understanding of how to make use of these please read What is Maxpain and visit the education section of my site. For the open interest update on SPY and to see some short interest updates see last nights post […]

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The Market Givith and the Market Taketh Away + Short Interest Updates – Feb. 26th

Sour ending to the day. Hello BIDU!!!! Woot. Dougie got really excited about the TSLA convertible note (I presume that was his reason for shorting the entire time whether he admits it or not). Unfortunately for him, it started going higher instead (face-plant). And! This from TSLA: sees 2020 Gigafactory Tesla vehicle volume about 500,000/year. TSLA […]

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TSLA TSLA TSLA TSLA – Feb 25th #SassyMusings

TSLA TSLA TSLA TSLA!!!!! Oh snap!  My guess from last night was correct by 0.4% – SPY. FSLR taking away my halo….obviously it’s not a stock backed by #MagicalMusk. Very disappointing. I don’t know what the deal is with BIDU. Either no one is interested for a reason or everyone is too busy with TSLA TSLA […]

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Open Interest Updates for $SPY $AAPL $AMZN $FB $LNKD $NFLX $SCTY $TSLA

Here is some updated open interest that includes today’s trades. SPY: About 34,000 184 puts were added. If 184 holds then it would help validate the strength of this market. If it fails to hold, we may see a move to underneath 183 if the selling picks up speed.  AAPL: AMZN:  FB:  LNKD:  NFLX:  SCTY:  […]

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We Going Down & I Sold FB – Feb 24th #SassyMusings

Call me crazy, but I’m near term cautious right now. If I had to guess I would say tomorrow will be a down day. If we get SPY 183 I will look for a possible entry to get long. And if instead we keep going higher tomorrow than it’s good I was just guessing.  #neverwrong 😉 […]

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Open Interest & Implied Volatility for BIDU, FSLR, SCTY & SINA

The following are the open interest for BIDU, FSLR, SCTY, and SINA, all of which report earnings this week. The implied volatility and projected price movements are taken from the latest information available as of Friday February 21st. Monday SCTY: Weekly IV: 120%; weekly options pricing in + or – $10. The current implied volatility is one […]

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Open Interest for Momentum Stocks – Feb 28th OPEX

The following are the open interest graphs for February 28th expiration on $AAPL $AMZN $FB $GOOG $LNKD $NFLX $PCLN $TSLA and $TWTR. For further understanding of how to make use of these please read What is Maxpain and visit the education section of my site. To see SPY open interest and market commentary for next week see here. To see […]

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The Steady as She Goes Market – SPY Open Interest

The market is exhibiting very 2013 like behavior. We had a quick correction followed by a V shape reversal and are now consolidating gains through time. Thus far this action is healthy and bullish. If we claim all time highs it will be important to see it backed by several breadth indicators. One indicator I […]

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Doug getting run over – Feb 19th SassyMusings

  TSLA squeezing the Dougie’s of the world. Had some intra-day drama in the markets today. Perhaps just working off some overbought froth. It was a bit concerning that we had a few large negative ticks. Let’s see…. So far most of my positions look good this week except for V. Loser stock right now, […]

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Soro’s Buying SPY Puts? – Feb 18th SassyMusings

I exited REGN, P, and DECK today. I got long BIDU today per my thoughts that I wrote about this weekend here. For better or worse, I am holding GRMN into earnings tomorrow. I will update those SPY 184 Calls and 90 QQQ calls by tomorrow morning via twitter. See here to know the context. […]

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Open Interest PCLN & TSLA – Earnings Week

The following are the open interest for PCLN and TSLA, both of which report earnings this week. The implied volatility and projected price movements are taken from the latest information available as of Friday the 14th. To view next weeks open interest for SPY and QQQ as well as market commentary for next week click here. […]

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Open Interest February Expiration for Momentum Stocks

The following are the open interest graphs for February 22nd expiration on $AAPL $AMZN $BIDU $FB $GOOG $LNKD $NFLX $TWTR. Keep in mind that because this is monthly expiration, many of the puts or calls could have been bought a long time ago. For further understanding of how to make use of these please read […]

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Where Is the Market Headed Next Week + SPY & QQQ Open Interest Clues

I was certainly not expecting another V-shaped recovery similar to those we experienced in 2013, but hey, I’m not complaining. The question going forward is will we make new highs on SPX or was this a huge bull trap that will develop into a lower high and retest the lows of 1737 or lower. So far […]

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Party Like it’s 1929 – Feb 13th

I took that title from @JBoorman so want to give credit where it’s due. He also got the tweet of the day today (different one – see below). This has been an AMAZING few days for the bulls. I would name off a ton of stocks that have exploded to the upside (many that I […]

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Yellen = Hero #2 + Get Short Interest Updates Feb 11th

What can I really say here? So far Yellen is hero #2 to the bulls. Whether this is a bull trap or not remains to be seen. Small caps and consumer discretionary are lagging, we may be overbought, but for now if it looks like a bull, smells like a bull, then…. I’m not going […]

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Janet to Show Who is Boss – Feb 10th Update

Some market consolidation is a good thing after last weeks rally, but still not liking the underperformance of the small caps and financials. We’ll see. Fed Chairwoman Yellen will speak tomorrow to the House Financial Services Committee. It’s possible her words will be market moving, but the assumption is she isn’t going to say anything stunning…. […]

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V-Day Open Interest for AAPL, AMZN, BIDU, FB, GOOG, LNKD, NFLX, PCLN, TSLA, TWTR

As always these are meant to be used as an asset to your other technical indicators…. To see SPY open interest and other market commentary click here. AAPL: Is the accelerated buy back over now that it has been revealed? No idea, but if it’s not then be weary these high open interest calls week […]

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Some Market Direction for Next Week and SPY Open Interest

The rally we had toward the end of last week was surely impressive. Was the 5.8% correction we had enough to take us back to all time highs? It definitely was a good start, but I don’t think we are out of the woods just yet. The best scenario going forward would be for us […]

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Stock Set-ups For Next Week and Other Fun Stuff. Feb. 7th

We had a little fake out this morning after the horrid jobs report. Today felt a little like 2013 didn’t it? Nice to have a little flashback Friday. I guess Ichan is going to be a hero again, AAPL. I am sick to my stomach for not buying options on PCLN this morning even though […]

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