Review Week 04/19/2021 - 04/23/2021

By iamtez -

We had a pretty good week. Even though markets were volatile just as I had mentioned in my comments last weekend, most of the plays mentioned did really well.

 

Position

Entry

Exit

G/L %

Comment

AMD Apr 23, 2021 85c

60

0

100

Started pretty well but was not able to break through. Since I had got this for cheap I decided to hold until end of the week. Even though Friday was strong, it was not good enough. I still think this goes to 90+ soon though.

BYND Apr 23, 2021 140c

150

75

50

Gapped up on Monday so waited until it pulled back under 135. It did show some signs of life on Thursday but got stopped out on Thursday.

GS Apr 23, 2021 350c

80

200

150

Got really nice entry on Monday around 338. It went over 344 pretty fast so decided to take profits.

NVAX Apr 23, 2021 240c

650

950

46

Another one that gave good entry under 220 on Monday. It went to almost 227 to give nice gains.

SE Apr 23, 2021 260c

190

700

268

It was good to get this at open on Monday. It went ITM on Monday itself.

SQ Apr 23, 2021 245p

300

600

100

Another one that gave great entry around open. It went down to almost 240 during the week as expected.

 

All in all it was pretty good week. I still think we need to be selective in near future. Tune in for next week’s watchlist on Sunday night. Until then have a good weekend.

 

ALWAYS REMEMBER TO CASH YOUR GAINS OUT OF THE ACCOUNT.

 

RED: Behaved exactly opposite of what I predicted.

 

GREEN: Behaved exactly as I predicted.

 

BLUE: Need more time for idea to materialize.

 

Disclaimer: The views and opinions expressed here are my own. Before taking any financial decisions based on these, please do your own due diligence.

 

 

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