19 sep - if you followed scott into this trade its worth about 2 cents now, need something dramatic to happen in next 2 days to salvage anything. LNKD defying gravity for another month. just a comment about being at the top of the bollinger bands.. nothing says stock has to sell off when its at the top.. can just as easily go sideways or slow its rate of increase which is what happened here.. stock up 6 bucks from this entry.
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10 sep - a very rare on-air trade by scott nations during fast money tonight, was featured as the trade of the day but since hes on options action ill add it to the tracking spreadsheet, heres the video clip LNKD clip
buy the Sep115/105 put spread for $1.55
not much time for this to play out, pretty straightforward with a bearish thesis. but at least its a cheap shot, right near top bollinger bands. no alternative suggestion this time.. sometimes its just a no trade. see all of scotts on air trades in this google docs spreadsheet . i dont expect to see an update to this trade on -air or via scotts twitter.
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