OTC Trades Ideas – Using the StockTwits NCAA Tournament Bracket

The first Weekend of the Tournament is drawing to a close and I find myself in 142nd place in the StockTwits Bracket Tournament, with the lowest potential for total points at 55. I have not played one of these for a while (as if you could not tell by my standing) so it got me thinking about the days of dealing in these tournaments at the big box houses. I am out of it and still want to have an interest, so here are several trade ideas on the Tournament that would keep me involved:

1. Call Option: As a dark horse I would buy a call on @NJHounds at #26 paying a chapter in @AlphaTrends book on the hopes him rising enough to get enough of the book by next weekend, to sell and to understand the full concept.

2. Short Sale: With @aiki14 currently the leader he is too expensive. I will offer him at three quarters of the 2 month subscription to @Upsidetrader, Betting he will not win.

3. Spread Trade: I will offer the spread between @pointsnfigures and @stocksage1, currently at 90 positions, betting that I can get a ten standing move in the spread, equivalent to a 1 month membership to @WeeklyTA’s service.

4. Long Trade: I will bid 2 weeks of the @toddsullivan 2 month subscription for TheFoxyForex to win. Maybe a little expensive at #122 but potential for 149 points and I have heard it worth to pay up for this one.

5. Pairs Trade: Offering @allstarcharts and bidding @fibline for free on total points, on the basis that by next weekend I will be able to unwind at +6 or more, good for 2 weeks of a@Trade-Ideas subscription.

All of the trades are all or none and subject. Hit me at @harmongreg on Stocktwits if interested.

This is neither an offer or solicitation of business and all rights and protections are reserved or whatever you are supposed to say. Money may be made or lost in these transactions, markets don’t only go up. If you are already thinking about your counter to any of these trades you are a true trading junkie. And by the way this is a joke.

If you like what you see above sign up for deeper analysis and trading strategy by using the Get Premium button above. As always you can see details of individual charts and more on my StockTwits page.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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