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Thanks, I thought about going crazy and just playing all the earning reports that I did some research on, but I chickened out. I only have GOOGL call spread and MMM puts. I just read WHR's report, and wow looks like they mentioned Europe, Middle East, and Africa showing lower sales. FY eps...

I've adjusted some positions and added some earning positions too. I bought back the googl 1220 calls and sold the 1230 calls. I still wanted to play the call spread, but giving it room to run adding a bit of risk back into the position. I also added MMM Jul 27 $195 puts. I'm betting on MMM to...

I think we will know by tomorrow morning. There's GOOG and WHR reporting tonight, but tomorrow we'll see the industrials like MMM, UTX, SHW, along with BIIB and VZ all reporting earnings before the market opens. It could end up being a mixed result, but if enough of these are going in one...

Well, lots of stuff moving around this morning. I had set my stop on my AMZN options to $29, and that was stopped out quick on that dip this morning, so I reviewed and jumped back in a couple points below the stop. I still like the position with AMZN reporting on Thursday. I closed out NFLX on...

As for averaging down, I only do it because I know where I stand when entering a new position. I'm not good and waiting and picking bottoms intraday on new positions, instead I'll average down as long as I still believe in the research I've done. The key to averaging down is to not jump into the...

I do use the average past earnings price action as an indicator. I'll look at the previous 4 reports, and look at the past 3-4 reports of the same quarter, because at times certain stocks seem to always have something going well for them 1 quarter a year. I add chart patterns to this to see if a...

It sure does feel like that. I was looking at how IBM and MSFT would affect the market. IBM is big enough that it usually has a big affect on the DOW, but I didn't see it flinch at all on Thursday. It can only suggest that the market does need a breather. We're going into large cap techs and...

I average down a lot because I learned a while back that I suck at picking a bottom and it feeds my impulse. So every time I'm about to jump into a trade, I'll start with a small position and then average in as I see it well below my initial entry. That's just one of the thing I've learned while...

Also avged down on AMZN Jul wk41850 calls too. I think that's it for the week unless the market swings out of today's trading range. For the weekend, I'm holding MSFT Jul wk4 107 call avg 1.29, AMZN Jul wk4 1850 calls avg 37.56, NFLX Jul wk4 360 puts avg 3.87, that GOOGL 1200 calls still hold...

I wouldn't bet against the sp500 closing at breakeven at all. I was also able to average down on the NFLX Jul wk4 360 calls to just under 4. Also added DPZ Aug 280 calls. Read through the earning report and I liked it. Nothing wrong there, plus it's clearly leading the pizza sector lol. I was...

Expected to take the -800 loss on SKX. Added MSFT Jul wk4 107 calls right now, I'll update once I'm fully into the position. Also added AMZN Jul wk4 1850 calls. Those expensive calls suggest earnings next week so I'm prepared for that. Overall, I locked in $14.3k in gains this week (including...

That second chart is the reason I keep coming back into the market. I saw that Jeff, Trump trying to push the FOMC aside too now. I tried to stay out of politics, because there's too much circle jerking around here. I think that news and the statement from China in the afternoon pushed the...

Hey jeff, played perfectly with that bounce right up to 2810 on the sp500. I've added SKX Jul 35 calls for today with its report due out in the after hours. I'm using the profits from EBAY this morning to play this trade, so there's no additional risk. I've also added NFLX Jul wk4 360 puts here...

You can open a margin account with $2000 at some brokers and have no settlement delay. The only issue would be to keep your round trip day trades limited to no more than 3 every 5 trading days and you'll be fine. If you make 4 day trades per 5 trading accounts then you'll be flagged, but you...

Just saw your chart, checked the sp500 and it is sitting at 2802 lol. But I closed out all 3 of my earning trades, took losses on AXP and DPZ calls at -1127 and -816. EBAY saved me though, as shares just sold off hard this morning. Yesterday afternoon I was hoping for 36.50, but I got much...

I've averaged into AXP 202 calls at 2.02 and EBAY 38 puts at 1.16. Also started adding DPZ Jul 290 calls. Going to play DPZ straight too. I don't like IBM and URI's price action and potential reversals, so I'm not going to play puts on those.

I took the loss on those NFLX 400 calls. I figure I didn't want to lose all of my profits from the CSX jul 65 calls that I closed out this morning. Also took the time to close out GOOGL calls too leaving just 1 GOOGL Jul 27 $1200 call left where I'll probably hold it through earnings next week...

Well, looks like my bet on CSX should pay off tomorrow morning. I know it was a bit risky jumping into the CSX Jul 65 calls, but with my expectation of an 8-10% move and the calls at $1.04 I figure if I was right the payoff could be up to 3x. Incredible day today, I was able to lock in +5300...

That looks like a nice trade Jeff, especially given the fact that it was just trend following. With the gains today, I've added more risks on the earnings side. I bought CSX Jul 65 calls at 1.04 avg price (actually had to avg up on this trade). I'm looking for CSX to bounce from this level post...

Thanks for the chart Jeff, and I don't mind the charts at all, keep them coming. That SP500 move is powerful! This morning, I was watching to see if it can bounce back above 1200, and once it did there was nothing to really hold it back right up to 1210. I'm up $10k (closed and opened trades)...