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NVDA made a beautiful move this morning. It worked right into my call spread theory. People say that history repeats itself, and I saw this move before (not exactly, but similar). Back in August 2017, leading into NVDA's earning report I had a weekly call spread and when NVDA took a dive the day...

Just noticed that NVDA is reporting tonight. I had loaded into the May 255 calls. I'm going to add to the 255 calls and then set up a call spread selling the 265 calls. All set with 20 of the NVDA May 255/265 call spread at initial risk -6510. I didn't grab the weeklies on this one because I...

Oil is still red hot after yesterday's news. Only thing is I took a lot of oil profits already, probably too early. Only thing left is HES. I doubled back on PSX and COP and both have continued to record highs. That's my mistake of the month in April.

I made +1584 on BABA, but took losses on all the others, WTW at -74, GRUB was -2302, SHOP -967, and SQ at -269. I was out for the past few days so I didn't initiate new trades, but I closed out the rest of ULTA for a total of +4490 on both exits. Over all, gains came to +2461 for the week...

Added BABA May wk1 182.5 calls this morning. And those were WTW May wk1 70 calls along with SQ May wk1 48 calls. Will hold these through earnings at the end of this week.

Took the losses in GRUB and SHOP. This market just wasn't going to let it happen. I added WTW May wk1 78 calls and SQ May wk1 48 calls ahead of their report on Thursday. I also want to set up a strangle on ANET, but will have to wait until Thursday to do that.

I did set up 2 earning trades today. Bought GRUB May wk1 $100 calls and a SHOP May wk1 130/140 call spread. I like both, but the total risk on both is only about $3600. There are earnings later in the week that I also want to test out.

Draw two lines....One connecting the lower highs and the other connecting the lows. It's either a wedge or triangle, and it'll be a buy or short once the SP500 breaks out from one of those trend lines. We could be stuck here for another couple of weeks, but even on the initial break from the...

I've added NFLX May wk2 315 calls. I wanted to jump into NFLX on Friday, but price action in the market didn't allow it at that time. The FANG stocks were struggling a bit, but then it does look like I missed a great opportunity on Friday. Still, it wasn't too late for me to jump in today. I've...

I'll say this, it wasn't easy getting from $2000 to $67000. There wasn't any smooth sailing at all. I was sweating on some of these trades, especially that CMG call position. I also got a bit lucky at the start of the year and just happened to catch that momentum in the market in January...

I am more biased to the long side of this market right now as the market is still holding onto its bullish trend, although we are in more of a sideways move since the start of February. This quarter just matched the fact that investors have been selling a lot of these high flying stocks that are...

Closed out of INTC, BIDU, and FSLR. I had expected a loss on FSLR following weaker guidance, but it turns out shares rallied at the open and I was able to lock in +366 in gains. The BIDU position was closed for a profit of +3624, and those 20 INTC calls were locked in for +4809. Overall, another...

Got a bit more active today adding more earning trades into play. I have $1200 on FSLR calls and those are going to take a hit tomorrow morning. I might be looking at the entire position as a loss. I did get heavy on INTC this morning and ended the day with 20 of those INTC May 50 calls. If the...

Added BIDU Apr 240 calls heading into earnings tonight. I'm going to add FSLR calls to by the end of day to play its earning report tonight also. I took a hit the last time around on FSLR, but that report last time was also very strong. Again, I should be able to weather these losses.

Yea, screw me on that exit. I thought I was laughing to the bank. Looks like I got the short end. Those 350 calls jumped to $73 at last trade, and I got out at $46.

Avged out of those CMG Jun 350 calls at $46.41, this is the biggest locked in profits I've seen on a 2 day trade so far. I closed out the CMG calls for +12,994. I also closed out the NFLX 305 calls this morning locking in +1094. I'm up +14,791 for the week. These two trades have helped pushed my...

Those 4 CMG Jun 350 calls should pay off today. I had about $5500 in play on CMG and was riding on a good report from the new CEO. Looks like he nailed it and CMG is up to $380 in premarket this morning, even with revenues matching estimates. There's a good chance we see $400 in 2 weeks. I'm...

I jumped early last week after NFLX's solid report on the expected market rally into earnings, but then Trump's talk about Iran and some of the recent earning reports have stalled the market. I took out losers and added to some of the ones I thought might make a come back. I had a solid gain in...

I added quite a few positions today. Calls in TSLA May 300, UNH June 240s, INTC May 50, and CMG June 350. Also added new oil stock in PSX May 105 call. Completely closed out the COP position today after locking in some profits yesterday. Total gains on that was +2900, but I took a loss on LRCX...