GOOG - Earnings this Thursday - Buy OTM weekly calls on Thursday

Quote from Took2Summit:

bro you bought 1 call and will make $2500..a call is nothing without conviction. unless your entire account is $10000 YOU are the biggest loser here because you had the right call, and even put a lottery type trade on, made 10-1 on your money and only make $2500...I would hate to be you.


Lol only at ET can you bash a winning trade called in advanced. Stfu dude.
 
Wrong trader fighter. Only index options trade from 4-4:15 eastern after hrs. Individual stk options close when the mkt closes at 4 pm
 
Quote from FXforex:

This could go up another $20.00 to $980 by the time the market opens on Friday, and then a steady climb up another $5.00 to $985.00 by market close. Will update when I sell. :)

Good trade - I do these type of trades often however I did not do it with GOOG this time. I usually sell the options within the first few minutes of the open. I almost sold the $ 950 call naked today – but then I looked at past earnings action on the stock and realized it could move more than 7 %. And with this Mo MO tech market you don’t want to be on the wrong side of a trade.
 
thing is, after a certain point, you're not really making 10-1. you're risking a big chunk to make a little more. once its 5-1 you are only making 1-1 getting to 10-1.




this is above the heads of most , only a mind like jack hershey will appreciate it.

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Quote from FXforex:

This could go up another $20.00 to $980 by the time the market opens on Friday, and then a steady climb up another $5.00 to $985.00 by market close. Will update when I sell. :)

Nice catch, GL getting a good exit!
 
Quote from FXforex:

I will make $2500?

So far I haven't made anything, it could be more and it could be nothing.

Definitely a real trader's mindset, excellent job.
 
Quote from FXforex:
10-17-13 02:55 PM

Bought 1 GOOG 10-19-13 930 call @ $2.95

Sold 1 GOOG 10-19-13 930 call @ $50.40 :)

pig.jpg

I'm Happier than a Pig in Shit :)
 
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