At Home Group Inc – HOME 2018-06-07

At Home Group Inc – HOME
2018-06-07

I started watching this one on 2018-05-07, because it was featured in Investor’s Business Daily – IBD Weekly VOL 35 N.O 35 New America

I had sold Viper Energy VNOM and now have cash free for another opportunity.

I am looking to Buy 100 shares HOME around today’s close $36.75

IBD Rankings today
Composite Rating: 97
EPS Rating: 93
RS Rating: 91
Group RS Rating: C
SMR Rating: A
Acc/Dis Rating: B
ROE: 10.7
Debt: 49%
Outstanding Shares: 61.6m

5 year Monthly Chart from Bigcharts

HOME 5 Year Monthly Chart Bigcharts
HOME 5 Year Monthly Chart Bigcharts

1 Year Daily from Bigcharts

HOME 1 Year Daily Chart Bigcharts
HOME 1 Year Daily Chart Bigcharts

3 Month Daily from Bigcharts

HOME 3 Month Daily Bigcharts
HOME 3 Month Daily Bigcharts

3 Month Daily from Stockcharts

HOME 3 Month Daily Stockcharts
HOME 3 Month Daily Stockcharts

2018-07-12

I closed out of the position today, because I didn’t like the way it was trading. Yesterday Goldman Sachs posted a report that said that China tariffs would hurt At Home. I was sitting on about 10% profit and it plunged on the news and I had a -2% loss midday. It recovered, but I felt that something was really wrong with the market. Normally there is not a 12% in the price of this company.

Here is the 3 month chart from stockcharts.com

HOME 3 Month Daily from Stockcharts 2018-07-12
HOME 3 Month Daily from Stockcharts 2018-07-12

I still will be watching this company for some time, because I like the story of the stock and think that it could be a long term play later

2018-08-29

I bought 1 OTM $40 Call with September 21, 2018 Expiration. It is a few weeks until the report earnings and the chart has been shaping up as it is approaching

I place a Limit order at $1.20 during the morning and the stock was at $37.12. The stock started the morning up and I was not filled right away. The stock must have drifted down some in the afternoon or a market maker wanted my money to take the other side and I got filled

Here is the 3 month chart from stockcharts.com

HOME - 3 Month Daily from Stockcharts 2018-08-29
HOME – 3 Month Daily from Stockcharts 2018-08-29

2018-09-23

This option expired worthless and I lost the whole amount. This one I had bought the option within the earnings date and was expecting a good bounce, but…

That didn’t happen and the down move wiped out the value. It never recovered

Feeling kinda aggravated with option buying set up. I was buying a call 2-3 weeks ahead of an earnings announcement. Here’s the rub – the company adjusted the reporting date. When that it hit the stock broke down and wiped out all value on option. Drat

HOME - 3 Month Daily from Stockcharts 2018-09-23
HOME – 3 Month Daily from Stockcharts 2018-09-23

This is a numbers game strategy and I’m having trouble with that style