Market Trade 1.14.20
Pointers:
Market sideways but may drop depending on earnings and China deal. Banks killing it. Wait? Put or Call?
1) Tesla umped to 540. LK spiked 5% then down to 2%. Beyond up 12% then down 2%.
2) Bitcoin went up to 8500.
3) Signing of China deal on 15th, Vice Premier Liu He is in
Actions:
1) Calls
CRSP: Can't clear. Still hoping
Honeywell: Spiked 2 % yesterday but down today
CHWY - hold for 1/18 news release
JPM - 2 hold for 1/14 news. Good news. Cleared one, holding for another tomorrow.
Target - up market. Need to clear soon. Cleared
AUPH, Walmart - hold for news and safety stock
LK call - just bought
Microsoft call - just bought
Bought biotech S&P and Nasdaq call
Bought GE and ZS call
2) Puts
Apple - Sold off 2 :( then tanked
GS - hold? for 1/15 news
Nike - 1 left, topped up on 1 more. hit all time high
FB; BABA - market starting downtrend, plan to sell at least one. sold
Peloton - drops finally happening, may be too late.
LK put and Beyond Put - cut lost
Hopes:
1) CRSPR crazy news - nothing yet
2) Peloton drop
3) Everything down
Learnings:
1) Trust your guts - LULU had 5 day losing streak then bounced
2) Apple runs, need to be careful
Market sideways but may drop depending on earnings and China deal. Banks killing it. Wait? Put or Call?
1) Tesla umped to 540. LK spiked 5% then down to 2%. Beyond up 12% then down 2%.
2) Bitcoin went up to 8500.
3) Signing of China deal on 15th, Vice Premier Liu He is in
Actions:
1) Calls
CRSP: Can't clear. Still hoping
Honeywell: Spiked 2 % yesterday but down today
CHWY - hold for 1/18 news release
JPM - 2 hold for 1/14 news. Good news. Cleared one, holding for another tomorrow.
Target - up market. Need to clear soon. Cleared
AUPH, Walmart - hold for news and safety stock
LK call - just bought
Microsoft call - just bought
Bought biotech S&P and Nasdaq call
Bought GE and ZS call
2) Puts
Apple - Sold off 2 :( then tanked
GS - hold? for 1/15 news
Nike - 1 left, topped up on 1 more. hit all time high
FB; BABA - market starting downtrend, plan to sell at least one. sold
Peloton - drops finally happening, may be too late.
LK put and Beyond Put - cut lost
Hopes:
1) CRSPR crazy news - nothing yet
2) Peloton drop
3) Everything down
Learnings:
1) Trust your guts - LULU had 5 day losing streak then bounced
2) Apple runs, need to be careful
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