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Videos Daily Market Wrap up Stock and options market video IPI and TIE

Stock and options market video IPI and TIE

Intrepid Potash, Inc (IPI) in my book is a runner, when I see block of call options hitting the tape in this name I know it's going to see a spike. A few weeks ago twitter followers had a very timely alert that I tweeted about big blocks of calls were hitting the offer in (IPI), after that tweet prices spiked locking in gains of 50%-100% intraday on call options!

Today, call activity hit again mid day, which again I posted a tweet saying "$IPI options hitting before this move here look for a possible spike $$". Shortly after that prices spiked closing near the high of the day. These kind of alerts has twitter followers thanking me and sending me messages on how they find my stream as one of the most most useful on Stocktwits. I walk you through the day trade I traded in (IPI) after I was not able to get a fill on my options, so I jumped into 10,000 shares at $32.40.  

Titanium Metals Corporation (TIE) exactly has been trading the way the option activity has been indicating. Even though prices are hitting resistance at $15, traders where jumping into the January 15 calls and even the February and June 17.50 call strikes.


 

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Follow alongside professional  trader Josh Belanger as he follows the footsteps of the smart money traders, while he educates you and points out the trades that have the highest probability of making money.


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OptionSIZZLE Alerts Performance


Original cost                $100,000.00


Current Value              $142,026.00


Total Average Return        42.03%


S&P 500             49.53%


Since Inception March 2, 2009


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  • Josh Belanger

    $RSH calls picking up on news headline right now

    by Josh Belanger about 2 hours ago

  • Josh Belanger

    $JAZZ just a choppy mess the last few days wait for breakout over 12.10 or buy the sharp dip

    by Josh Belanger about 3 hours ago

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    @geckler sick moves of some action action today $CMC $AEO $FNSR and $CSCO

    by Josh Belanger about 21 hours ago

  • Josh Belanger

    The more you think the more you will talk you self out of a good trade and into a bad trade $$

    by Josh Belanger Tuesday, March 09, 2010 10:43