Recent content by optiontrader

Wow good luck

Sold the rest of those DAKT calls at $0.80 and have now liquidated all positions into cash. Wow, that DOW is back to the lows of 11,600-11,800. Right back to the starting point of the last small rally. Hope things can turn around as it does look gloomy on the fundamental and technical issues of...

Sold 10 FDS June 65 calls at $2.60 for gain of $974.10 yesterday. Also bough 10 FDX June 85 puts at $1.80 for $1812.95 for earnings yesterday. Sold those 10 FDX June 85 puts at $4.00 this morning for gain of $2,174.10. Closed 15 DAKT calls at $1.00 for a loss of ($168.75) Still...

Closed all of MRVL calls at $0.55, on job report Friday. TTWO was also closed on that Friday at $0.65 for loss. I still believe in 30 DAKT Jul. 20 calls buy avg. of $1.125 Loss on those MRVL calls were ($850). Loss on TTWO calls were ($350). Total loss of ($1200) did put the account in...

What a day, closed MATK at $2.10 for loss ($1325.90), closed CMTL at $3.40 for $974.10, and closed SFD at $0.30 for ($925.10). Made a big mistake believing SFD could buck the trend. Bought another 20 MRVL July 17.5 calls at $0.55. So I'm holding 2 long term positions: 30 DAKT Jul. 20...

Sounds good, I thought if NCS could hold above its 200-day ma, it should have some energy to pull high....and I'd be looking at $40, and then possibly $44 for the next 6-8 weeks, we'll see though lol, its all predictions until that time is here. I'm hoping to come out on top tomorrow with...

Sold those 5 NCS June 30 puts at $0.30 yesterday morning, ouch, the loss was ($624.10) Bought 10 MATK June 35 calls at $3.40 Bought 10 CMTL June 45 calls at $2.40 Still holding: 30 DAKT Jul. 20 calls avg. buy price was $1.125; 20 MRVL Jul. 17.5 calls bought at $0.95. both positions are...

Yeah, what a surprise, that's why I went light with 5 calls instead of usual 10-15 calls. This one is very tricky, just when you think its down it gives some life. Still pretty surprising, they lowered FH 08 earnings in the last report, and then shoot the other this quarter. NCS was at a...

Thanks Sorta, Well, the market is off today and it's at an inflection point where calls and puts are at highest risk. I'm going to go light. Bought 5 NCS June 30 puts at $1.60. Earnings are tonight and I think NCS will fall on earnings according to my research. Good luck to all and I will...

Sorry about that, just a pretty bad day for me lol; meant to say my gains have dropped to $1460.80. Down from above $2200 in a day Ouch. Still have a great weekend and take on the market again next week.

Closed OVTI June 15 calls at $1.35 for loss of ($525.90) Closed OVTI June 17.5 calls at $0.10 for loss of ($425.90) Good thing the shares didn't fall too deep, but report was poor, surprisingly poor after 3 great ones the past 3 quarters. So we could see OVTI reverse lower towards $12 after a...

Back in business.....JOYG and BIG both came out strong........and I hit it big. Sold those 10 JOYG June 80 calls off the bat at $4.10 for a nice gain this morning, but congrats to the guy selling above me. My gain here was $1574.10 As for BIG, I held onto to it as the open for BIG was...

Ouch, closed those DAKT nearly worthless for a loss of ($625.90). I will hold onto SNDA calls, as the earning report was great with top and bottom line beating estimates, I feel there might have been weak money leaving the table, so I'd like to see the shares back to $34-$35 area by Friday...

Buying light here: SNDA June 35 calls have jumped from early morning of 50 contracts to over 1200 contracts by noon. I like the reversal on SNDA last Q, and momentum higher should continue here with a good chance on strong EPS/revenue report. Bought 8 SNDA June 35 calls here at $1.85. I...

Okay, looks like we should have some great trades this week too, not many but still great....looking at SNDA calls or DAKT puts from my research for earning trades today.....will update if positions are opened.