My Trade Ideas....

[TinGull]

Popped up with this stock:

JADE

Has an incredible surge in volume yesterday as price broke a 2 month downtrend line.



I'll watch this one. IV is pretty cheap compared to it's historical...I don't usually compare the 2, but the IV on this stock's options is trading about 140% in the OCTs. Historical vol is at 180%, so still cheap to the historical. Highest IV was at a touch over 200% about 3 weeks ago, so came off a decent clip from there, and is moving up as of yesterday.

[TinGull]

Had to bite. Looked really nice on the 15min coming down into the 8ema and went long the NOV 5 calls. IV was "cheap" compared to where it had been and it's breaking to higher highs now, so all is good. Was filled at 2.05 ($205 per contract) and currently has a natural of 2.25 for a gain so far of almost 10% on cap invested.

[walterw]

Tin, I like to see what you are sharing on this swing trading aproach... also I like to see your consistent technical arguments on this setups...

will you keep us posted as how this stocks evolved ? it will be cool to see here to 10 days what actually happened...

thanks for sharing this great stuff... cheers Walter.

[TinGull]

Absolutely! I'm about done searching out positions for now, so I'll just keep things updated. So far everythings crankin'.

[TinGull]

I'll keep this as a journal of types, too.

I'll post up a picture of my positions statement since it'll be easier than typing it all in.

[TinGull]

Well, today was going awesome until the markets just TANKED and took some of my profits with it. I still ended up making a teeny bit of shake on the day...maybe 20 bucks, but so goes the swing trading world I guess. Nothing really technical changed for me, so till tomorrow....

[TinGull]

[TinGull]

Keeping an eye on this one for monday...

[Reaver]

Tin, you may have already discussed this, but would you say fundamentals have anything to do with your analysis? I don't think fundamentals would really have importance on a swing basis, but I figured I'd ask if you have looked into it......I have my 401K with Fidelity and they give you access to tons of research for free, which includes the S&P credit ratings, etc which would seem very handy in determining position trades...(I work in lending so credit ratings have a special place in my heart lol).

[TinGull]

To the point of just not wanting to own a crap company...that's really it. I may run a scan on EPS or PE stuff but that stuff doesn't make sense to me, really. It's easier to see what the players are doing in the chart rather than try and interpret the fundamentals into the equation. Why do you ask? Is ClearChannel a crappy company?