We’re gonna see if all my bs analysis and overthinking in the Semis works out. Bought Nov 37.5 out of the money calls ahead of INTC numbers tonight after the bell. In at .64. There is heavyish volume again in this strike today. The Nov 35 puts though are really seeing tremendous volume and I [...]

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I mentioned on Friday that I took profits. With the big money I had no trade on the table. Sitting in cash is what worked today. My stocks got pummeled though so that sucked.
CBST - That trade worked today. Made a little bit today. They report Wednesday.
I thought it was very interesting how bad of [...]

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I bought call options in SMH today because I think the SMH might pop next week yielding some short term profit.
1. The charts.

Now the weekly SMH chart:

If we get back to the $40 highs I’ll be ecstatic, but I’m only looking for a $1 move higher for right now.
2. I noticed some decent buying in [...]

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Being long. The index funds churned out about 1% today. I’m still there.
HSKA - Bounced a little bit today.
What Didn’t Work Today
My home builder lottery option trades are slowing going down the tubes…
MDT call options are also dwindling. I’m considering sucking it up and taking the loss there which stands at 60%.
What Will Hopefully Work [...]

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