SONOS (SONO $13.85) Closes at Support

Sonos closed dead nuts on the 13.85 that I'd mentioned. We'll see what happens next week.

GoPro (GPRO $4.00)

Just looking for any signs of life. I'm a believer long-term but still no position. I think that you can dollar-cost average into it for months and make out but I'm looking for a spec. buy trigger. Maybe it will be the post-Christmas action? Take a look at the level last December, '18.

SharpSpring (SHSP $12.95) Wild Ride this Fall

It's been a minute since I've mentioned the SharpSpring position, which we're fully invested in. As you can see, it's been nutty but we're still holding. I have faith that it either goes back to $20+ or acquired or both.
Here's a Seeking Alpha piece from July

SONOS (SONO $13.73) DOWN AGAIN!

Sonos just falling like a stone.
Honestly, I knew that I should have strangled Sonos but I felt the momo on the plus side after forming a nice cup and handle.

A strangle is when you buy both the call and put options with the same expiration date but different strikes. You can make money in either direction as long as the underlying stock is volatile and moves quickly, aka Sonos this week. Of course, one of the options will lose money but you're hoping that the other's gains would more than offset the losses.

Sonos (SONO $14.17) Calls Sucking Wind

Sonos sets a 52 week high Friday, the day we purchase calls. Sonos sets another new high Monday, the 25th. Good volume, good potential for a breakout. Sonos on Cramer's Lightning Round Monday night. Down two days in a row. Thanks Cramer.
Support at $13.85ish, holding these trashy calls for now.

Elizabeth Warren Wins Presidency. What Does it Mean?

Clearly, there is a lot that needs to happen before an Elizabeth Warren presidency but we're already witnessing speculation on the effect it may have on the U.S. financial markets, specifically asset prices and the dollar. In sum, hedge funds are positioning to short the dollar perhaps with put options that are "particularly attractive" given the low level of implied volatility in foreign-exchange rates.

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Remember the Inverted Yield Curve "Crisis"?!

Well, the yield curve is on the road to normalcy and big money has been putting on trades. What does this all mean? Recession fears are subsiding (they were unjustified to begin with) and an eminent trade deal with China will be good for a rally. Of course, a trade deal was never in doubt, either, thus may already be priced into these record setting stock market levels. Hard to say but I believe 2020 will be good for stocks, particularly small caps.

SONOS (SONO $15.45 +8.8%)

Sonos hitting 52 week high on nice volume. Into some SONO $17.50 Calls 12/20 exp @ $19.00 per contract ($.19)

Market Volatility thus VIX and IV

Despite all of the perceived government chaos between impeachment proceedings, democratic party debates, the China "trade war" and general jackassery, we seem to be in a low volatility environment. Need a refresher on all strategies that would take advantage of rising volatility. Of course, you could just buy the TVIX but I'm looking for much more aggressive returns (as if TVIX wasn't already).