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After taking out the positions I wanted to exit, I started with the spread on $SHOP. I felt like that $120 target on $SHOP by December 15 is on spot, so I took a spread using $SHOP $110/$120 calls. With the $SHOP position in play, I also jumped back into $ADI. The numbers were good, and I...

My mistake, I should have jumped on $DE last Friday when it was in my radar. Shares have just jumped higher and are even higher this morning in pre-market to $139. It's too late to even think about a decent rally post earnings report. Same can be said with $CRM. $ADI reported the earnings result...

Damn, that's a shame. $A guided light on Q2, and that's usually a catalyst for a drop tomorrow morning. After hours show a drop to $66.70 already. The options will be close to $0.20-$0.40 tomorrow morning only because of the time value left. On the other hand, $PANW is going as expected with a...

The $PANW spread (Nov wk 4 $145/$152.5 calls) cost me ($316). I thought about playing a higher spread to lower the initial risk, but I wouldn't have much room left with my expected target at $155 or higher. I have watched Agilent's last 2 report were totally surprised myself at the unexpected...

I like both, $PANW and $DE, after reviewing both stocks over the weekend. $PANW was in a much better position to make a move up to $160 where resistance will keep it in check. The pattern from recent lows heading into earnings the past 2 quarters have showed about a 20 point move starting from...

I thought $AMAT might trade in the same manner it had the past 2 quarters where it opens up, rallies a bit to notch the day's high, then falls back and closes below its opening price. I got out of my $AMAT calls as early as possible. I also started the day closing out 1 of the $WMT calls, but...

The morning looks good. With $AMAT hitting my target of $58-$59 this morning, I will close this trade. I am also going to take 1/2 of the $WMT Nov week4 96 call this morning too with $WMT hitting my target of $99-$100 yesterday at the close. I'll take the profits on one option, and let the other...

I was tempted to close out the 2 WMT Nov week 4 96 call that I had just bought this morning when I rolled up the $WMT position, but I didn't want to get hit with a day trade. So, I am leaning at selling this trade tomorrow as it has hit my $99-$100 target already. Those options jumped from $0.90...

Thanks, I'll feel better once $AMAT can confirm a solid earning report after the market closes today.

I rolled up the $WMT position believing shares should continue higher with a black Friday target of $99-$100. Sold my $WMT calls for net gain for about $335. I bought 2 $WMT Nov week 4 96 call @ 0.90 for ($186). I think another 4% higher from $95.50 is highly probable at this point. If other...

Interesting to see shares of $WMT up much higher than I expected. My after earnings target was $93 with a slow climb to $95 by Monday. I didn't any comments about pricing pressures in the reports, so $WMT believes it can compete with $AMZN. It also raised guidance for the FY to $4.38-$4.46 vs...

I was going to stay out of WMT with its report due out tomorrow, but TGT announcement pressures heading into the Christmas shopping season. This leads me to believe that WMT is taking a small portion of TGT's lunch this holiday season. Well, this is a risk account, and I believe WMT shares will...

What I'm hoping for here is that 3 weeks of consolidation should be enough to bring in new money should AMAT surprise to the upside. Had AMAT's chart been in more of a climb over the past 3-4 week period, the risk would have been too high because such a chart would have implied traders already...

Options on AMAT are more on the heavy side in terms of volume, so the bid/ask are less than 0.10 throughout the day. These are at the money options on a short term play. In fact, I'm only playing AMAT's earning on Thursday for the AMAT options. IV is expected to be up the roof at this point...

This slow market allowed me to get both positions at a discount. I bought 1 MU Jan 2019 45 call @ 3.65 and 2 AMAT Nov 56 call @ 1.41 avg. price for its earnings play on Thursday after the market closes. Both positions together cost me ($659).

I'm creating this journal to keep track of my trades through all the chaos in options trading. I have $2,000 in an account and my goal for the end of this year is to double it. I know that options can help achieve that quick. End of next year, I hope to reach $10,000. My first trade will be a...