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Trade Alert: Two sells and Cody’s Latest Positions

Cody Willard

Cody Willard

— 3 min read

It’s the end of the rope for our July call options. We made 400% gains on the remaining AAPL July call options that we bought near its annual lows a few months ago and we took sizeable profits already along the way as its risen. Selling the last of them today.

Our Twitter call options trade ended up a bit of wash. We made good money on the June call options and also have already trimmed about 1/3 of a tranche of the July call options when the stock was up big. The remainder of the July options are worthless and I’ll let them expire and write ’em off.

Also, it’s time to move on from Zynga. It was a long-term call option sort of bet on their business, but it’s broken and I’m sick of looking at it sitting there tying up even just a few dollars of my capital. Selling ZNGA today.

Here’s a list of my latest positions. I’ve broken the list into Longs and Shorts. And from there, I’ve broken down each list into refined categories in order from the largest positions within each category to the smallest.

Finally, I give each stock a current rating from 1 to 10, 1 being “Get out of this position now!” and 10 being “Sell the farm, I’ve found a perfect investment” (there will never be a 10 rating, because there is no such thing as a perfect investment, of course).

Remember: I wouldn’t rush into a full position all at once in any of these stocks or any other position you’ll ever buy. Patience and allowing the market and time to work to your advantage by buying in tranches is key. Maybe 1/3 or 1/5 of whatever you  might consider to be a “full position” in any particular stock. And I wouldn’t ever have more than 5-15% of your portfolio in any one stock position at any given time. The younger you are and/or the higher the trajectory of your career income, the more concentrated and risk-taking you can be with weighting in your portfolio. But spread your purchases and your risk out over time and over a several positions no matter your age or risk-averse level.

So here’s the list:

Longs –

  • Forever assets and other permanent holdings –
    • Media and other private investment/business holdings (9+ because betting on yourself and running a biz is always a best bet)
    • Real estate, including land and the ranch I live on in NM (8)
    • Physical gold bullion & coins (9)
    • BitCoin (6) *Not a meaningful amount
  • Primary stock exposure portfolio
    • Apple (8)
    • Facebook (8)
    • Intel (7)
    • Google (8)
    • First Solar (7)
    • Sandisk (8)
    • Amazon (7)
    • Yelp (7)
    • Lindsay (7)
    • Ciena (8)
    • Calgone (7)
    • FireEye (7)
    • InvenSense (8)
    • Ambarella (8)
    • IXYS (8)
    • JDS Uniphase (8)
    • Stratasys (7)
    • Cree (7)
    • Zynga (6)
  • Short-term options trades
    • Yandex (6)

Shorts –

  • Primary short portfolio
    • IBM (7)
    • GSV Capital (8)
    • Apollo (8)
    • Barnes & Noble (8)
    • Dollar Tree (6)
  • Samsung/South Korea basket
    • EWY (7)
  • Bet on interest rates rising
    • IEF (8)

** NOTE FOR NEW SUBSCRIBERS:

If you’re new to TradingWithCody or if you’ve been a subscriber for a while but haven’t acted on much of my strategies yet and/or if you haven’t been in the markets, but you’re sick of getting 0% on your CDs, Treasuries, savings, checking, etc while the markets have been continually hitting all-time highs this year, what should you do now?

First, step back and catch your breath before moving any money anywhere and make sure you’re not about to make any emotional moves with your money.

If you haven’t yet read “Everything You Need to Know About Investing” then spend a couple hours doing so, please. It’s a quick read but chock-full of important ideas, concepts and strategies that amateurs and pros alike should understand.

Then, take a look below at my own personal portfolio’s Latest Positions and slowly start to scale into some of the ones you like best and/or the ones I have rated highest right now. I’d look to start scaling into a few of the many stocks in the Latest Positions that are at all-time highs along with a couple that we’ve recently featured in our Weekly Trades that I’ve personally been scaling into.

You can find an archive of Trade Alerts here – http://tradingwithcody.com/category/trade-alert/.

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