LOL. Looks like a big loser. Only a fool would sell ATM options going into earnings. Better luck next time.
Should have bought the Nov06 104 calls.
Heads up - FB earnings, Wednesday Nov 04. TSLA and PCLN also on deck.
- Thread starter OTM-Options
- Start date
LOL. Looks like a big loser. Only a fool would sell ATM options going into earnings. Better luck next time.
Should have bought the Nov06 104 calls.
LOL. Looks like a big loser. Only a fool would sell ATM options going into earnings. Better luck next time.
Should have bought the Nov06 104 calls.
Yeah, but you bought the 108 and 110C which went off at zero. You lost more per contract than donnap.
Re: Nov06 weekly FB calls strikes 108, 109 and 110.
Expired worthless: True
Never profitable after FB's report: False
Take a look at the 1-week chart of those calls. All were profitable after FB's report, I bought the 108 calls for $0.95 before earnings and sold at $1.70 after.
They didn't trade at 0.95 on Nov 4. $2K says you don't have a fill report that hit the tape.
I bought the Nov06 108 calls.
I have a report for both entry and exit.
- Bought Tuesday November 03 at 14:47:32 for $0.95
- Sold Thursday November 05 at 09:30:44 for $1.70
===================
EDIT: If you guys want to get childish and mock trades after expiry I will do the same.
Looks like donnap's trade is ONE FUCKING LOSER. Selling into earnings? what an idiot. LOL.
Last edited:
Nothing dopey about my call. Not as profitable as I had hoped but it was still profitable. What do you think of donnap's pre-earnings FB trade?
Link to trade
- +3 Nov.13 106C@2.43
- -2 Nov.6 104C@2.97
FYI ........ The short Nov06 104 calls took some heat after earnings and was trading in the $5.00+ range. That position is underwater. Perhaps donnap could chime in with an update.
i speculated on why u switching alias's....still mildly interested on why you have done so multiple times...
also...please tell me u are under 20 yrs old?
re ur trades i could care less as i trade the futures curves.(futures are not options)
please note what i asked u originally.
Not much doubt on this
I bought the Nov06 108 calls.
I have a report for both entry and exit.
- Bought Tuesday November 03 at 14:47:32 for $0.95
- Sold Thursday November 05 at 09:30:44 for $1.70
===================
EDIT: If you guys want to get childish and mock trades after expiry I will do the same.
Looks like donnap's trade is ONE FUCKING LOSER. Selling into earnings? what an idiot. LOL.
She went long the backspread. It didn't work, but neither did yours.
You don't post entries nor exits. You went dark in your last thread when AAPL opened poorly after earnings and you only came back when it went profitable on Friday. IOW, you're FOS.
You go back and look at time and sales and attribute an anonymous tape-hit to your "holdings" when it's BS. Or you simply ignore it and say "IF" you got out on day three... these are not lookback options. You're not afforded the benefit of "IF."
In truth, the backspread was a better wager. It didn't work as FB's stat-vol was less than half of implied, but your coin-flip was worse.
Nah. Trying to deflect some heat? You really don't get spreads do you. At 109 the spread was nearly even. It cost a 1.35 debit - you know?
I traded out of it. One contract at a time. Sold the longs 4.00, 4.05, 3.65. Bought the shorts, 4.95, 4.9. Sell, then buy etc. All between the 108.80 and 109.30 range except that last long. That's 1.85 for the spread.
I was really hoping that the trade would be forgotten, but you had to bring it up. You think I'd make up this piker shit - it's embarrassing and a waste of time.
I was really just trying to post an example of a classic earnings skew trade. With discretion, it's a decent strategy.
In my own words, I didn't post the exit, so it doesn't count. You can believe whatever you want.
Being long the Nov06 108.00 FB calls did work - $0.95 to $1.70. The 109.00 and 110.00 calls also would have been profitable if entered/exited at the same time.
I didn't go "dark" on my AAPL thread. Your Upside calls = obliterated post was the first post after earnings and I replied to it. Your post needed correction since the statement you made was false.
Nope ..... I checked my account for the times I got filled. Nov06 108 Calls bought Tuesday November 03 at 14:47:32 for $0.95, sold Thursday November 05 at 09:30:44 for $1.70.
If you want to use a coin-flip analogy lets just say I picked Heads donnap picked Tails ..... Heads came up, I won.