<p>I think this whole high flying momentum stocks are just getting to tiresome for investors. FB, NETFLIX, AMZN, TWTR.</p>
<p>How did you know to catch the bottom on the 15th? I started buying when it dropped 3% and continued buying when it dropped by 1% or more but ran out of money before it hit the bottom.</p>
<p>This is my post from the 15th: "Bought 10 2/20/15 spy 190 - 200 calls = 3.6; Bought 10 10/24 QQQ 92 - 90 puts = .78 (need to sell some puts to pay for this, hopefully with the qqq at a lower price); Bought 10 3/20/15 XLE 70 - 90 calls = 9.59 " </p>
<p>I also bought more spy when it was down 5%.</p>
<p>I wasn’t doubting. I was admiring/envying that you caught the bottom. Very infrequently, I bought at the bottom of the V and sold at the very peak. That’s very rare.</p>
<p>I was looking for a 10% drop where I was going to go all in with options (and the leverage they provide) but I was too fearful to do this so I just added some to my positions. As far as the V up to this point, it is all luck.</p>
<p>I took the plunge with FB: 20 12/20 70 - 75 calls = 3.27.</p>
<p>Doct, good luck. </p>
<p>I am not happy with the rally, but that is my problem. :)</p>
<p>What rally? I made money shorting TSLA and LINKen. I set up the trades yesterday because there was a rally yesterday.</p>
<p>Just bought some more xle 10 1/17/15 80 - 90 calls = 5.65</p>
<p>Why is it falling so much after the FED announcement? Wasn’t that widely expected?</p>
<p>Typical knee jerk reaction from the algos</p>
<p>DocT, my FB calls went up just enough to cover my commission. I’m copying you but I don’t know how to do that trades yet. Just calls.</p>
<p>I don’t know if I’d follow me into anything. This is a somewhat long time frame trade. It could get rocky over the next month or two</p>
<p>It’s ok, it’s a little money, not much, I bought 2 Jan 2015 75 calls. I might trade up and down. That’s how I made money with LNKD.</p>
<p>I have 199 - 198 and 197 - 196 put spreads that are expiring on 10/31. These were paid for by selling lower price put spreads. I wonder which ones will expire itm.</p>
<p>That must be LNKD spreads right? I will try to see if I can try do one spread. When you sell put spreads, what are you hoping for, the stock to go down or up?</p>
<p>no I forgot to mention theyre spy spreads</p>
<p>Life is stranger than fiction! </p>
<p><a href=“http://www.thestreet.mobi/story/12927599/1/aegerion-seattle-genetics-ceos-accused-in-suit-of-cocaine-use.html”>http://www.thestreet.mobi/story/12927599/1/aegerion-seattle-genetics-ceos-accused-in-suit-of-cocaine-use.html</a></p>
<p>Wow. And I thought investing in biotech was dull. :)</p>
<p>Lol!</p>
<p>I knew I should have gone into biotech!</p>