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totally misread GWW and taking a total loss on the trade. Opened up IBM calls spread 215/220 for $95 per contract, bought 5 @ ($487.95). Also bought 2 ISRG Oct 560/570 call @ $2.15, and 2 ISRG Oct 485/475 put spread @ $1.50 each. Then topped it off with APH calls....Oct 60 calls (3)...

Closed out long INFY 47.5 puts at $3.40 so I can buy some GWW oct 220 calls at $2.30 (bought 3). I think GWW is on a clear reversal with positive earnings expected. GWW should bounce by 5-6% and I only need about 3.5% for a profit. Report comes in tomorrow and I'll go from there.

Looks like I'm going to be generally bearish on the market. sold the short 45 puts at $1.50 and now holding INFY oct 47.5 puts and MON oct 90 puts.....I'll have to review this market over the weekend to see if we will at least have a neutral week next week. It's been negative all week, and this...

Looking smooth now with that INFY put spread. I think I should be able to get the full amount, within a few days, but we'll see. Looks like INFY's numbers were pretty weak again.

Grabbed 2 INFY put spread at $105 each. I'm not down to 5191.35, had a net loss of -222.85 on the adbe spread. Looks like the MON position might just eke out a small profit for me. RSI on MON is starting to break down so I'll hold out. JBHT had revenue report stronger than estimates and...

alright, I already have a negative view towards the market this week. It looks like numbers from JPM, INFY, and JBHT will all have to be very strong to have those shares continue higher. I've only looked at INFY more closely, and there's much heavier call trades going on today at the 47.5 and 50...

Well, I decided against those YUM 65 calls, and that was a bad idea.....should have taken them as research showed a potential rally to $70. Saw those options at $2.35 yesterday too... The ADBE position was stopped for a loss, I still have MON Oct 90 put showing loss.... I'll have my eyes...

Ok, just looked back at the numbers and looks like MON is dropping because FY13 guidance isn't up to par with MON giving EPS numbers at $4.18-$4.32 vs. est. from Yahoo finance at $4.38. Big mis with MON at all time highs only means a correction. I bought the 87.5 calls back at $1.00, and...

:( That's how I wake up everyone morning now lol.....new best friend is coffee. I've never really drank it before but it is my new best friend. As for the account, I think anyone could make such a return trading options on such a small account. I want to set myself up for next year to see if...

Interesting, you seem to like POT a lot at $40. Why not put in an October 45 put and see how low the shares can take it. That trendline connecting the tops in 2011 along with the recent highs in July 2012 seems to confirm a continuation of the down trend. If so, a put position right now would be...

Well, I don't like POT, the chart's just ugly all around nothing but weed in between the price action.....hahaha But MON and MOS are the ones reporting next week. I guess it's a seed and a fertilizer company reporting although I think they're considered to be in the same sector. I will do...

Well, that's it for me...profits of $25.07 on NKE and $904.10 on ACN. I'm at $5,345.67 with open position on ADBE oct 32 calls (bought back the 35 calls yesterday at $0.17). I see a few potential trade next week, but fertilizers aren't my favorite stocks, so we'll see. Safe weekend for all...

Thanks, it's usually harder to explain these kind of stuff especially when I'm going on experience. Would have liked to add a trade in FINL too....And I guess this is what I'm talking about when I say that a certain trade will give me an advantage later on. I would have placed my bet on FINL...

The way DRI shares traded post earnings gave me clues as to how the shares will react the next time around. Before the earning report, my research showed DRI shares selling off by 2-4% on its last 3 quarterly reports. The shares were right at the 52-week highs near $55 where I expected...

I'd wish....lol, I took a loss on that trade. I consider it $357.95 worth of experience. I like testing the support/resistance lines like the one DRI was approaching. It does give me a better read on DRI for its next report in 3 months, and that's where I'll make the money back.

Took a loss on DRI puts...full loss on the $357.95 that I put in. Still have ADBE trade, sold the short calls this morning.... I watched RHT and JBL early this week. RHT would have been a loser on either side with credit spreads making the money on that one. For JBL, I should have entered a...

Thanks, going to need the luck....Maybe I should have closed my eyes and picked ORCL or TIBX for a put trade lol. It's a $345 risk on my part, so I'll be giving back partial gains from CBRL if it goes south. Just hate that this is a morning report making me wait till morning to adjust my...

Another small position, this time on DRI Sep 22, 2012 $55 put. Just bought some looking for a small drop in DRI shares from $55 to about $52.50 where 50-day resides. Past 4 reports has shares dropping with high of -7% 4 quarters ago. A 7% drop tomorrow would clearly make way for easy profit I...

Thanks falcon, This last time here has been a little over a month. I'm actually surprised by how fast ADBE has rebounded. Not sure if any read the earnings, but could have swore I saw ADBE's q4 numbers at $0.53-$0.58 on 1.075B to $1.125B in revenue....and that compares to estimates I grabbed...

I'm not going to risk any on BBBY, but I will test ADBE. It seems the last two quarters, ADBE sold off only to rebound over the next two weeks. I'm going to grab an in the money October call and sell a slightly out of the money october call and see how that works to my advantage. Going to go...