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    Option trading for a newbie

    lol, I'll give you my answer tomorrow morning. I'd be a fool to talk before the actual earnings are reported.
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    Option trading for a newbie

    I bought 5 AZO Mar. 155 calls at $2.25 for ($1,139.95). I'm not using a lot of capital here but who knows right. Ben
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    Option trading for a newbie

    Yeah, money in my pockets from those stingy investors that didn't want to sell higher. I sold at $9.50 and got a net gain of $3,810.10. This trade is unbelievable. Can't believe the profits. I hope everyone is doing the same today too right? Oh and the gains have added up, I'm showing a gain...
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    Option trading for a newbie

    I bought 6 DECK March 50 puts at $3.10 today for earnings costing me ($1,874.95). Not a lot of capital at work here as I'm cautious on this trade. Ben
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    Option trading for a newbie

    Alright, I sold FLR calls earlier at $2.75. As for FLS I just sold minutes or so ago at $5.80. My gains on FLR was $970.10, and my gain on FLS was $2,130.10. My overall gains are now at $23,561.75 and my account is now at $35,561.75. Whoa, I'm sitting here and I almost can't believe the...
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    Option trading for a newbie

    That's fine just pm me. You might want to go more into details on the trade you explained on your post too, such as comparing the differences. I thought straight calls would give you the most benefit, but it sounds like you feel butterflies are a better reward. That is interesting. Ben
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    Option trading for a newbie

    Yeah it was pretty crazy. I think you talked about FLR before, but that is one of my trades today. I bought 8 FLR calls at $1.50 and 6 FLS calls at $2.20. Both reported earnings and are flying in post market trades. I'll update tomorrow.
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    Option trading for a newbie

    Sold the other 5 FSLR calls at $0.40 and the loss on this trade was ($1,244.90). I'll take that loss any day lol. It could have been closer to a $2,000 loss had I not sold 1/2 earlier. Ben
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    Option trading for a newbie

    I closed 5 FSLR calls today at $4.40, but it seems I didn't close enought as FSLR is down after hours. Oh well. You win some and you lose some. Ben
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    Option trading for a newbie

    Just plain on call or put strategy here too. I use about 5-10% per trade and usually get out the morning after earnings are reported.
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    Option trading for a newbie

    Yeah, I'm still holding FSLR calls, but sold CRDN puts at $3.40 this morning already. My gain on that trade was $870. Not bad at all in a day's work.
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    Option trading for a newbie

    I've decided to take advantage of today's drop in the market. I bought 10 FSLR March 160 calls at $3.40 for ($3,415). I also bought 10 CRDN March 20 puts at $2.50 for ($2,515). So I have about $6,000 in play for the next 2-3 days. We'll see what happens from here. Ben
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    Option trading for a newbie

    Expand a little like what type of option strategy did you use? I suspect you probably tried a basic straddle or strangle. You know, many option traders misunderstand the power of technical analysis and more intense research on the underlying stock. A have met a lot of option trader talking...
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    Option trading for a newbie

    Sorry, I've been sick, caught strep.....I've made 3 trades last week. Bought 10 HPQ Feb. 35 calls at $1.40, bought 10 PCLN Feb. 75 calls at $0.80, and bought 10 BUCY Feb. 12.5 calls at $1.30. I sold PCLN calls at $6, HPQ expired worthless, and sold BUCY calls at $2.00. Overall, took a loss...
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    Option trading for a newbie

    Alright, I'm back to all cash after this morning. Looking good. I closed 10 ENER at 1.75 for a loss of ($480). I also closed those 8 PCLN calls I bought at $2.45. I closed them for $5.15 and my gains are $2,310.10. My account is now at $28,409.20. My gains are $16,409.20. That's right, I'm...
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    Option trading for a newbie

    Thanks, not sure if I posted this, but I bought 10 ENER Feb. 25 calls at $2.20 yesterday for ($2,215). This might be a bit higher on the risk side, but I think I have enough gains to risk this amount. Ben
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    Option trading for a newbie

    Well, a bittersweet day for me. I was able to get out of DLB at $5.20 but closed CNQR at $0.30. My gain on DLB was $1,495.10 and the loss on CNQR was ($854.90). Those PCLN calls are making money now lol. Overall, My total close gains are now at $14,579.10. My advice is when you first fail...
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    Option trading for a newbie

    For today, I've decided on DLB calls first. I bought 5 DLB Feb 25 calls at $2.15 for ($1,089.95). I also bought 5 CNQR Feb. 25 calls at $1.95 for a cost of ($989.95). I'm using about $2,000 so it shouldn't be much of a loss as my gains over $13,000 should cover that. I can't believe those...
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    Option trading for a newbie

    Looks like the good news is taking it on today for MYGN. I did close my calls at $7.40. With that buy price at $2.60, you got it, I made a killing. My gain on this trade is $4,785.00. I still have PCLN calls for now, but my closed trades are showing gains of $13,938.90. Hopefully, no one was...
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    Option trading for a newbie

    Closed those 8 QCOM calls at $1.35 for a loss of ($1,029.90). That lowers my gain to $9,153.90. I bought 10 MYGN Feb. 75 calls at $2.60. Looking for MYGN to rally tomorrow....I might be gambling a bit here as my risk is a bit high, but I'll take my chances. Any confirmation that this trade...
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