My option trades

Quote from TraderBoy23:

Wow don't know how I didn't realize it was only .3 difference. Rookie move. Luckily had enough gains this morning in the weeklies to get out and into the feb monthly with hardly paying up. Thanks for unintentionally pointing that out to me haha

No problem. I looked at both and figured, 0.30 for an extra 2 weeks is worth it. They are moving fairly fast higher too. I did get tsco at 3.20 for the 80 calls, and MA spread at 3.10 with the 365/375 calls. Just 1 contract on the MA position though, $310 exposure is more than enough. That's it for me. Should have just dropped BIIB, but it just broke out of a long base and I feel like this is the start of a move for BIIB. Hope I'm right. Overloaded right now though, I'll definitely close plenty out tomorrow.
 
Quote from iceman1:

+AMZN July 190 @ 905
+ AMZN March 170p @505


gong to sell front 180c/170p

I'm trying to understand what you're trying to do, but I'm not seeing it. Sorry still at the simple level in option trading.
 
Quote from Bry:

looked at QCOM, hitting major resistance, but wouldn't be surprised if it busts through on earnings; has popped 2 dollars either way, usually up, on earnings repeatedly last 2.5 years; am bullish

later edit: that resistance is really strong, now getting cold feet, looks hard for the price to penetrate

hope you're right - it's in my 401(k)

lol
 
Quote from iceman1:

hope you're right - it's in my 401(k)

lol

LOL, never go into a trade with hope.....always go into the trade with confidence knowing the odds are on yourside. I need two see some profits in today's trades. The SYNA and BIIB gains can only hold my account at $5400 for so long.
 
Quote from Bry:

looked at QCOM, hitting major resistance, but wouldn't be surprised if it busts through on earnings; has popped 2 dollars either way, usually up, on earnings repeatedly last 2.5 years; am bullish

later edit: that resistance is really strong, now getting cold feet, looks hard for the price to penetrate

you're first gut feel is always (usually) the best - just like taking tests (wish I would take my own advice!)
 
Quote from ryanpatrick:

Still have that GMCR trade to think about, but serious thinking of setting up spread with GMCR after losses today.

I find whenever I change my mind and set up a spread to try and "reduce risk" - there will be times when I limit profits; that's OK If the move (trend) continues and you have an account that allows you to roll out of one strike into a higher (or lower), and maybe at some point hold naked or ratio of more short than long options.

i sold GMCR feb65c and bought march 70c (after selling march 57.50c today for about a $1.1 and opening said march 70c)

also sold gmcr feb47p figuring to take stock if traded lower (if not then leg into otm put after earnings to lock in profits

oh yeah, also + gmcr march6250c but less than quantity sold of feb 65c
 
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