L 102.80
stop at .60
stop at .60
Heads up - FB earnings, Wednesday Nov 04. TSLA and PCLN also on deck.
- Thread starter OTM-Options
- Start date
will take profit if it gets to 103.10 before hitting my stop
target was hit
+.30
After all that, i'm back to break-even on facebook! First 3 trades (trades were based on chart patterns/price action) were all losers, but the last 2 got me my money back
I found it the yesterday! There was a great possibility of leap in share price. Tesla was gearing up its production, which caused big losses, nevertheless it shows good results in a long run perspective. Moreover, I didn't catch any significant inside trade before earning report. You can track all yesterday news (www.cityfalcon/watchlists?assets=TSLA) and it become clear that I'm right.
Last attempt at a FB leg in. Finally.
+3 Nov.13 106C@2.43
-2 Nov.6 104C@2.97
No real edge here. "Timing is everything" and a loss is very possible.
A slight advantage to leg in at the time - but -$25 net trading 200s since Mon. IV all over the place today.
Crappy looking trade, really. An example of an EA skew trade.
Was trying to get a 5:3 spread since Mon, but FB refused to cooperate. Hence the 200s for a syn. straddle leg. No dice.
Was +.60 Mon. trading it. Would've been a good time to stop.
+3 Nov.13 106C@2.43
-2 Nov.6 104C@2.97
No real edge here. "Timing is everything" and a loss is very possible.
A slight advantage to leg in at the time - but -$25 net trading 200s since Mon. IV all over the place today.
Crappy looking trade, really. An example of an EA skew trade.
Was trying to get a 5:3 spread since Mon, but FB refused to cooperate. Hence the 200s for a syn. straddle leg. No dice.
Was +.60 Mon. trading it. Would've been a good time to stop.
The good trade was the melt up into earnings. FB is definetely THE quintessential high quality growth story of the current day. However if you had not noticed it is starting to suffer from diminishing dp/dt and d2p/dt2 4'shu. What's the market cap now, nearly $300BB?
The more important role this stock has is as one of the mega-krush call option stocks. Fortunes are made selling calls on this thing, it is, a super-charged krush machine.
The more important role this stock has is as one of the mega-krush call option stocks. Fortunes are made selling calls on this thing, it is, a super-charged krush machine.