I have decided to make this my last post on ET, too much time spent posting and replying. But I will still drop-in to read posts in my favorite forums - Options, Stocks and Trading.
FB UPDATE: I'm very bullish on FB and think it could easily jump 12% ($115.00+) after earnings - my goal is to...
I'm not polite to destriero? Let me give you some advice as far as destriero is concerned.
Make sure your ET handle, contact info and posts you make can not be traced back to your real identity.
You might think cosying up to destriero is fine - and in 99% of the time it's safe to do so.
BUT...
For my Heads up - threads I have decided not to post live entries, strikes or exits. Posting live trades can be distracting for me. The intent of this thread was to bring attention and discussion to up-coming earnings with trades that I might consider based on my views of the stock. In this case...
Yes ... under my old ET handle FXforex.
GOOG - Earnings this Thursday - Buy OTM weekly calls on Thursday
Bought at $2.95
Sold at $50.40
Left $2000.00 on the table, the options expired at about $70.00
All posted in real-time to ET.
RE: IB
I closed my IB account and kept my BMO Investorline...
lawrence-lugar ............ destriero is pulling the wool over your eyes, you got to learn to think on your own. Even though my call didn't go as planned it was still a good call - there was plenty of opportunity in being long the 115 to 120 weekly calls before and after earnings.
It's all in...
Redneck ........ Any trader placing an option order will be trying to "predict the unknown" - the future stock performance. They will then build the option position around that "prediction". Sometimes it works out, sometimes it doesn't.
No volatility, no options - it's as simple as that...
IMO .......The writer was struggling for a story and had to come up with something by the deadline. So the old tried-and-true Top/Bottom 10 List is always nice to fall back on. But he put no effort into it with a range of only -12% to -34%.
:)
Earnings is now coming to an end for 2015. Below are 3 stocks I'm following, FB being the main one.
TSLA Tuesday November 03 - After the bell.
FB Wednesday November 04 - After the bell.
PCLN Monday November 09 - Before market open (take note - option positions would have to be opened the week...
All option positions rely on the market/underlying preforming to the traders expectation - otherwise the position could lose money. That's the nature of a volatile product such as options, you can't avoid risk.
:)
Did you even follow the earnings?
FYI ....... AAPL OTM calls were not "obliterated", they lost only about 50% after earnings, and they still have some life in them. I'm referring to the Oct30 120.00 calls, which were 5-strikes OTM pre-earnings. Check out my thread last week: Heads Up - AMZN...