Hey Traders,

AAPL earnings are out. The stock after hours is up about 11 dollars – nearly twice the expected amount.

So where does it go next? 

You will never believe where this landed on Licia’s pitchforks …

You have to watch yesterday’s session hosted by me and Licia. She walks through how pitchforks can show you pivot points.

She also shows exactly the next move for AAPL.

Click here to watch the presentation. 

Here are the most interesting trades from Thursday:

Match Group Inc (Ticker: MTCH): Here’s a short put roll with the trader buying to close the May 30 puts and selling to open the June 27s. This is a put sale gone bad, thus the trader is covering the loser and selling lower and hoping MTCH doesn’t keep going.

Global X Uranium ETF (Ticker: URA): These are bull calls in URA. Uranium looks strong. CCJ sold off on earnings and is now rallying … I like the whole sector.

Walgreens Boots Alliance Inc (Ticker: WBA): Here’s a winning put roll. A trader that was long puts sold to close making nearly 100% … but then they shelled out more dollars to buy the June 17.5 puts. WBA could be taking a nosedive.

General Motors Co (Ticker: GM): This is a bull call calendar in GM. I really like this play as GM looks strong. GM might be a good zone trade as it looks like it is moving higher … slowly.

Tesla Inc (Ticker: TSLA): Interesting roll. The trader sold the June 175 calls at a huge profit and opened up the May 195 calls. This trader is thinking TSLA could pop in the next 2 weeks.

Position Updates:

CCJ: New Position.

SQQQ: Hedge, sell ⅔ up 100%.

AI: Flat.

UBER: Let’s see a pop.

AGNC: Up small.

ETRN: Long term bullish play here.

GILD: Please die.

NU: Up small.

VLY: Out of 60%.

WBD: Out of half.

FCX: Out of half.

JETS: We now have 6 of these, JETS popped but I believe it will drop.

GALT: Up.

RF:  Long term put play.

NXE: I think this is going to break out.

INTC: Rolled lower.

Your Only Option,

Mark Sebastian