Fun stuff for a BIG Ambarella rally into new all time highs.
.That was a joke mostly (the pink sheets thing anyhow), but I knew $20's would come for TWTR just like I have been saying.
Now I've bought calls.
I used to trade 4000 TSLA puts at a time but I did have to "cool my jets".
I think my broker was freaking out 'cause he said he never knew anyone in his lifetime who traded as many options contracts as I do.
Poo-poo on them, huh? Who really cares?
TOLD YOU ALL THAT THIS WAS GOING TO HAPPEN.
But now i've covered gone went long again.
OVER $129.62 this week for AAPL.
I liked the two thumbs downs and am hoping for several more.
Here's what is about to happen... After earnings in AH we'll have a GOOGL style rally... I think it was up $96 to $709 or something like that.
So then the MM's will trade it from left to right on the chart the following day with a slight trend lower to around $309.00 from it's insane new highs.
This is from a professional traders point of view.
you're not my type.
but i'll buy some amba from you if you're a seller.
thanks ahead of time.
going to starbucks next to read my magazine.
will be offline with zero electronics.
my orders to buy are automatically executed by my software programs. they buy and sell as the price rises higher & higher all the way to beyond new highs. i have my last sell programmed for $143.33
I forgot to say... PLUS!
NEW HIGHS EASILY FOR APPLE.
I've NEVER seen a stock this oversold in my 20+ years of trading.
It's like every fund liquidated their positions only to buy back cheaper so new highs could be made.
Big swing lower will equal bigger swings higher so the price target had to be revised. That low today was just an MM covering at the expense of retail sellers, and stop-outs (a few longs that were stopped out of their shares).
I'm having fun and making money.
I'm trading AMBA long all the way up.
That low today was a surprise but very welcome from a trading aspect 'cause the lower she drops the higher she pops..
Yes, $133.88+ here tomorrow was just raised to $143.33
Buy the dips so you can sell the rips. But don't "sell the rips" if you are a retail money maker 'cause badly burned is what you'll get.
Did my research on AMBA so I'm a believer now.
Made a fortune selling short the first time it went back below $100 after a run way above $110.
Now I'm buying the dips and selling. I'm also selling tons of puts.
Did you buy my puts? They'll go to zero even before they expire.
I just loaded-up the truck to the maximum capacity with short-sold long shares.
But I trade for a living, and make lots of money doing so, so maybe you should rethink that logic, huh? So funny.
You'll LOVE my next post in here.