I'll keep the IBM and SWK trades. Going to close out AAPL puts and NFLX condor positions today.
My option trades
- Thread starter ryanpatrick
- Start date
Looking to exit AAPL, but out NFLX jan 115 call short at 1.78. I'll try to exit the long 105 calls now.
edit: Alright out the 105 calls at $12.05. Netflix was a beauty.
edit: Alright out the 105 calls at $12.05. Netflix was a beauty.
I'm not going to take a position in CRUS today. The risk on this trade is just higher than the other ones I'm looking at like SYNA and RVBD.
Ryan what's your thoughts on JNPR and RVBD and cloud players in general ?
I think we all read that JNPR was going to have a weak report, but it is interesting to see how the guidance will hold for that one. In general I like cloud right here. We already saw nice reports from FFIV and VMW. I'm already looking ahead to CRM and RAX making a comeback. But for today, RVBD looks like a potentially good play on earnings. Last time around, it really made a reversal and the chart just looks like it is setting up for a breakout above $30. Earnings is just what this one would need to breakout of here. Then again, the otherside of the play would be a resistance point here at $30 and retest of $24. I read an article somewhere that points to options position as a key in predicting the potential direction of the move. If there are a lot of put players taking hold of RVBD today, I'll stick with calls. If there are too many calls out there already, then I'll not trade it. The market's tape is up up up. Can't go against that trend, but I want some sort of advantage before jumping in because I can get burned just like PH and GOOG last week.
I wanted to close out AAPL puts so bad. Just couldn't press the trigger....AAPL just had trouble holding above $447 all day. Might just have to wait it out one more day. 30 minutes left to figure this one out. Also in play on SYNA 34 calls and RVBD 30 calls.
closed it for a loss at $1.45, and I'm just going to let rvbd expire. That was an ugly trade too...1 contract at $1.73....Still holding SYNA calls at 1.90 and SYNA is making new highs today on a 6% pop so far. Still have swk and some IBM calls in play.
Hey ryan, i am watching this thread for the last week or so and i was wondering how do you choose the stocks you trade on?
I see you have quite a lot of different stocks you seem to watch and i wanted to know how do choose them, is it with news, earnings calendar, or some specific technical?
As a new option trader myself i was wondering,
Raph
I see you have quite a lot of different stocks you seem to watch and i wanted to know how do choose them, is it with news, earnings calendar, or some specific technical?
As a new option trader myself i was wondering,
Raph