Friday, January 12, 2018

Week 2 Trades of the Week BABA, IBM

This week was a little tricky.  I took some profits in BABA +120%, PYPL +80%, IBM +126%, WHR +34%.  I closed out some laggers FB, SVU, and rolled some other call options to a lower strike price GS, LRCX, INTC.

It was an interesting week as we prepped for earnings release next week.  FB had some guidance and dropped almost $10.  I had to cut my losses on FB calls.