Debt Deal Passed, Almost

Futures skyrocketing, but Congress still needs to pass... 

Should have picked up my APPL options Friday for a quick bounce tomorrow...  Tomorrow will be an interesting trading day with the relief trend pushing things up in the morning...  Lot's of economic news coming out that may dampen the rally, although we are off over 500-points again so wouldn't count on a huge pullback after this rally.

Need to do some technical work and look at the S&P for resistance and support and possibly trade the indexes only over the next few weeks.

Happy Trading...

Skulls and Zillows

Skull is now below it's priced opening of 20.  Not too far about .10 below.  Zillow opened up popped to 60 and whoever shorted on the way up is very happy right now.  Zillow did close up over 70% though.  Is this more of a tech bubble than real substance?

I'm waiting and watching for Dunkin Donuts!  Target price is 18-19/Share...

Happy Trading...

All good calls

AAPL, VMW, GOOG, ISRG all surpassing our original marks.

Apple is approaching 400, VM Ware shot through 100 and Google over 600 and ISRG over 375.

This has been a great earning season.  Apple weathered the storm well and market rebound let the consumer feel comfortable buying Apple products.  VM Ware is taking the virtualization need by storm and google still works.

Let's find the next.  These were extreme option plays...

Happy Trading...

SIRI and GOOG

Today was the day...

SIRI Sep 2.00 Call closed @ .41 the high for the day.

Some Perspective...

Today's GOOG 550 Call Returns For

July 785% and 532% for the weekly options
Aug 335%
Sept 233%
Dec 135%
Jan  117%

So know you know why we like earnings season...

Happy Trading...

Dunkin Donuts IPO

Get in, probably around 20$ bucks for us retail mortal traders.  Buy this one and hang on to it.  When it becomes optionable we are going to sell calls against it!

Coffee, donuts and ice-cream, yes they own Baskin Robbins.  Coffee is running faster than the bulls and not sowing down!

9000 stores and counting.  Love their new look, I've been eating donut holes for over 30-years...

Should start trading in the next week or two!

Happy Trading