Hi, Andrew Left,
Have you forgotten about PANW and SPLK?
Need to buy more of them.
Thank you.
hanera
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The small cap 5 are up 8%. Need to add more to all but SHOP. I tried using short puts to add UBNT and VEEV. Iāll add on the next panic day.
Tech, industrials, financials, healthcare, and materials all have upward trends. Semis (SMH is on fire). Bought some ITM Jan calls on XLF and slightly OOM Nov calls on SMH. The IV on XLB seems too high for how slow it usually moves. I might do XLI calls if it goes to a new high.
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I need to add some UBNT and NTNX, and lots of SHOP, SPLK and PANW, and happy with VEEV. Place a few GTC short puts. Didnāt place any GTC long callsā¦ prefer to assess the characteristics of the decline to decide which month/ strike price to long atā¦ calls are risky so need to be extra carefulā¦ yet to long LEAPS calls, may be I should because these calls make 10x easily over the 2-3 years if we are right about the stocksā¦ only need 1 double to achieve thatā¦ just need to place it correctly. Have to admit Andrew Left caught me with my pants downā¦ didnāt think sufficiently clear and long termā¦ think I get the tempo now 
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Iāve done LEAPS before. Mentally, itās hard to hold until expiration. I usually end up wanting to lock in profits.
My main options trade is using technical analysis to find opportunities. Then I go out 3-4 months and far enough in the money that the time premium is near zero. Itās enough time for the technical setup to play out. The option is usually 25-35% of the price of the stock, so itās 3-4x leverage vs just buying shares. Iām leveraging up when the charts indicate thereās a higher probability of a positive outcome. Iām not leveraging up so much that a trade can implode.
Can counter this through selling weekly or front month calls against LEAPs after the stock has appreciated a bit. Just donāt get too aggressive with the short calls if you donāt want to close both i.e. OTM sufficiently to be expired, premium is high enough to worth the while to short calls.
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You will know about IRBT by end of tomorrow (Results After Market).
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SHOP is rallying! Congrats to everyone that got in after Left bashed it. Iām back to positive on it. I wonder how long Left keeps his shorts, because it seems buying after the initial drop is a good move.
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STC the lone call for a double. Three consecutive success 
Have to thank Andrew.
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Just checked, AH $79.50 
sCap portfolio is rocking, albeit funds not fully committed so overall return sound smallish. Count only return on committed fund would have been over 10% but that is cheating because the denominator should be the fund allocated. Otherwise, I have been doubling since all my long calls have made a double.
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Why is IRBT tanking today? Itās down 12% so far.
Btw, whatās the best source for news on why the market is up/down or a particular stock up/down?
Yahoo finance news is probably the best for news stories. Stocktwits is the best real-time although thereās a fair amount of non-sense to filter through.
Iām not sure IRBT. I donāt follow it closely. The fact revenue was up Y/Y but EPS was down (excluding 1-time tax benefit) isnāt very positive. Increasing spending faster than revenue while growing at 14.9% isnāt good. Unless you believe the growth rate will double or more, then Iād avoid it.
Yearly Revenue guidance is reduced even though they were better in this quarter. When Future looks challenging, no one wants to bet on it. Above all, today is red day for all stocks due to profit taking. IRBT is a doubtful case now, we do not know at this time.
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They arenāt the only one down on earnings and guidance. NOW and AMD are down as well. AMD is down 13%. Itāll be interesting if the problem is AMD or the industry. NVDA will tell the other half of the story.
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Few green, GOOG, TCEHY, LQMT, AWK, COH, KMB, JNJ. Owned the last 5.
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Surprised IRBT pumper, Gene Munster, iRobot āSweeps Away Competitive Threatsā
iRobot is well-positioned to dominate in the vacuum and wet floor cleaning category, but its leading robotics expertise will āunlock many opportunities in other domestic markets,ā Munster said.
MF is desperately defending IRBT, Why iRobot Corporation Stock Dropped Today
So while itās hard to blame the market for bidding iRobot stock down as Jensen revived fears of up-and-coming competition, I suspect this drop will prove to be a wonderful buying opportunity for patient, long-term investors.
Massive R&D spend for 15% revenue growth. The other small caps are growing revenue at 30%+.
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Twtr turnaround???
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User growth is only 4% y/y. Revenue was actually down 4% y/y. Good for them for cutting expenses to get profitable, but cutting expenses only gets you so far when revenue is declining. Iād sell on the news.
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No, waiting for a buyout from one of the FANGs.
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