The Babe's Trades

[riverbabe]

Out of an abundance of caution, I have taken all my profits in 3 accounts this week. My IRA goal every year is to make enough profit to cover the amount I have to take out in my RMD (required minimum distribution). This year so far I am at 75% of that goal. Going to take a deep breath and sit back for a little while, because I suspect we might be due for some kind of pull-back soon.

[riverbabe]

https://teechip.com/ow-doctoral#id=4&c=1C203D&sid=gildan-50-50-hoodie&s=front

Please let me hear some cheers? (P.S. I'm not XL anymore. Who can ever be as HUGE as the HUGE ONE??!!)

[riverbabe]

Okay. Now I get it. Talk about due diligence!

http://www.msn.com/en-us/money/companies/td-ameritrade-toronto-dominion-buy-scottrade-for-dollar4-billion/ar-AAjjVzo?OCID=ansmsnnews11

[riverbabe]

Uh-Oh!

Dear Client,

Effective 10/26/2016 , Scottrade will begin assessing short sale fees to your account.

Short sale fees represent the market cost of borrowing shares from external counterparties or from internal inventory to facilitate a short sale position, and may be applicable when you sell a security short or when an option transaction results in a short position. The amount of the fee is based on the supply and demand for the security and may change over the duration of the short position, sometimes on a daily basis. Short sale fees will begin to accrue upon settlement of the short sale and will cease upon settlement of the covering purchase. The short sale fee will be assessed to your account on a daily basis and will be reflected in your account activity as “Short Sale Fee.” All short positions may be subject to a buy-in at any time, including, but not limited to, if Scottrade is unable to borrow shares to keep your short position open.

A review of your account activity indicates you will be assessed this fee should you maintain your short position after the effective date listed above. This provides one calendar week to close your short position(s) with no charges assessed to your account. Please contact us at 800.619.7283 if you have any questions about short sale fees.

[riverbabe]

Bot BATS IPO today at 23.05. At least they haven't cancelled my trade yet (like they did last time).

Kaboom! Rumor that CBOE in talks to buy BATS. Sold today for +32.5%. No oinks here.

[Louetta]

I don't see an $80 call listed. Lowest is $95 for 15.00/18.40 bid/ask. Will keep looking.

Well this shows 2019 not 2018 and I can't get the right URL in there for some reason....


Sorry I took so long, been out all day. I found it on Schwab. Nasdaq.com shows it too:

http://www.nasdaq.com/symbol/mon/option-chain?dateindex=5&callput=call&money=in

[riverbabe]

Just messing with the options, so the deal would close late 2017. An $80 call of Jan. 2018 sells for about $28, a small premium, methinks (5%?). If the stock goes to $128 near the end then the $80 option is worth $48, a 70% gain from here. Of course you need to wait 16 months. I looked at the $80 because the higher priced ones have a lot of premium built in.

I don't see an $80 call listed. Lowest is $95 for 15.00/18.40 bid/ask. Will keep looking.

[Louetta]

yes!!! FINALLY. I've been waiting so long! Have a little MON @ 110.25. But in the pre-market it's only up a little to 106.44. What? Just bot a little more in PM.

Monsanto has finally agreed to a takeover offer from Bayer (OTCPK:BAYRY), sources say, valuing it at $128 per share or a total of more than $66B. The deal would be the largest all-cash transaction on record and put a quarter of the combined world market for seeds and pesticides under one roof. Bayer has also settled on a $2B break-up fee for the deal, which is expected to close by the end of 2017. MON +1.7% premarket

Just messing with the options, so the deal would close late 2017. An $80 call of Jan. 2018 sells for about $28, a small premium, methinks (5%?). If the stock goes to $128 near the end then the $80 option is worth $48, a 70% gain from here. Of course you need to wait 16 months. I looked at the $80 because the higher priced ones have a lot of premium built in.

[riverbabe]

yes!!! FINALLY. I've been waiting so long! Have a little MON @ 110.25. But in the pre-market it's only up a little to 106.44. What? Just bot a little more in PM.

Monsanto has finally agreed to a takeover offer from Bayer (OTCPK:BAYRY), sources say, valuing it at $128 per share or a total of more than $66B. The deal would be the largest all-cash transaction on record and put a quarter of the combined world market for seeds and pesticides under one roof. Bayer has also settled on a $2B break-up fee for the deal, which is expected to close by the end of 2017. MON +1.7% premarket

[riverbabe]

Bot BATS IPO today at 23.05. At least they haven't cancelled my trade yet (like they did last time).

Closed yesterday at 27.095. Currently up 17.29%. Hanging in there. Still like it.

[Louetta]

I LOVE this portfolio! Playing (trading) against HFTs, dark pools and algo-bots. This guy really knows how to zero in on unusual trading activity! Long or short. My green balance is growing fast. Usually average 3 trades a week. My cup of tea. Not for every one.

Interesting. Certainly worth a look.

[riverbabe]

This is NOT an advertisement(!), but it looks interesting. May try it out. What the .... . Will let you know how I do.

April 12, 2016
Dear Barbara,
Just a quick heads-up: Keep an eye out for next Monday's first trades from our new Counterstrike portfolio.
This is our new approach for beating High-Frequency Traders (HFT) at their own game. After they fire off a massive volume of short sale trades to drive down the prices of otherwise worthy stocks, they flip their positions, buying on the rebounds.
Starting April 18, we will Counterstrike, getting aboard the best of those rebounding stocks to ride them for double-digit gains in just 1 to 4 weeks. Guiding the way is our newest Zacks editor, Jeremy Mullin, who has 12 years of experience profiting from these HFT patterns.
Here are two important steps to take regarding this new portfolio:

1.	Log on to the Zacks Counterstrike website now to read the full guide to better understand the whys, hows, and whens of this portfolio. http://www.zacks.com/counterstrike/
2.	Watch for the first trades that will post Monday, April 18. You can find them in your Zacks Ultimate summary email. To receive daily summary emails, just add Zacks Counterstrike to your current alert preferences.

If you have any questions, please don't hesitate to call our service team at 888.775.8348. Or just reply to this email.
All the Best,

Steve Reitmeister
Editor-In-Chief, Executive Vice President
Zacks Investment Research

I LOVE this portfolio! Playing (trading) against HFTs, dark pools and algo-bots. This guy really knows how to zero in on unusual trading activity! Long or short. My green balance is growing fast. Usually average 3 trades a week. My cup of tea. Not for every one.

[riverbabe]

Bot BATS IPO today at 23.05. At least they haven't cancelled my trade yet (like they did last time).

[riverbabe]

This is NOT an advertisement(!), but it looks interesting. May try it out. What the .... . Will let you know how I do.

April 12, 2016
Dear Barbara,
Just a quick heads-up: Keep an eye out for next Monday's first trades from our new Counterstrike portfolio.
This is our new approach for beating High-Frequency Traders (HFT) at their own game. After they fire off a massive volume of short sale trades to drive down the prices of otherwise worthy stocks, they flip their positions, buying on the rebounds.
Starting April 18, we will Counterstrike, getting aboard the best of those rebounding stocks to ride them for double-digit gains in just 1 to 4 weeks. Guiding the way is our newest Zacks editor, Jeremy Mullin, who has 12 years of experience profiting from these HFT patterns.
Here are two important steps to take regarding this new portfolio:

1.	Log on to the Zacks Counterstrike website now to read the full guide to better understand the whys, hows, and whens of this portfolio. http://www.zacks.com/counterstrike/
2.	Watch for the first trades that will post Monday, April 18. You can find them in your Zacks Ultimate summary email. To receive daily summary emails, just add Zacks Counterstrike to your current alert preferences.

If you have any questions, please don't hesitate to call our service team at 888.775.8348. Or just reply to this email.
All the Best,

Steve Reitmeister
Editor-In-Chief, Executive Vice President
Zacks Investment Research

[mimo_100]

The charts are certainly a mess. Mimo, does a triple bottom on P&F mean a possible floor? I'm still sitting at 122 twiddling my thumbs. Think it goes lower with the FANG before I consider doing anything. GPRO is also killing me. At this point I think even a take over won't help. Would rather get back into AMZN (what???? they're getting into brick and mortar??? The world is topsy-turvy!!!) Not ready to put out for GOOGL either. I tend to just GULP and bury my head here.

A triple bottom is not a floor - it is a theoretical beginning of lower prices - there should be support at 77.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:pnf_charts:pnf_bearish_bd

I sat and watched while everything went south in 2009 - and I then vowed to become an "intermediate term" investor - I am 80% in cash now - I jump in every now and then when the VIX exceeds 26-30 - The near term looks ominous - when oil declines, so does the market.