My option trades

Quote from scottandmo:

Well, I put a small $110 bet on "black" earlier today with 2x150/155/160 weekly flies at $.55 each should CRM's earnings trend continue.

By the way, does 300/285 imply a put spread since the larger number is first?

wow when were the 150/155/160 weeklies at $.55?
 
Going to try and add a day trade here.....CRM weekly puts and see if I can make a quick profit. CRM tends to move farther in the direction of the open post earnings. I'll follow that trend.
 
Well, playing with fire now. Instead of the puts, I bought 2 crm 145 calls that expire later today at $1.30. Stop loss at $0.50, I'll take about a -$150 loss or so later on if it fails. Otherwise, I want to see if CRM can finish +2-3 points positive today. It'll be interesting and playing with pure fire (instincts) on my part.
 
Unbelievable, just jumped right in front of the train and catching it for a ride now. Raised stop loss on this CRM trade to $2.25, I'm getting out with a profit if CRM decides to only close gap and drop back.
 
And just like that I'm locked in with a $173.99 profit in 25 minutes. That's it folks, doubt I have the appetite for anything else today. Safe weekend and more to it next week.
 
Quote from hundreds:

wow when were the 150/155/160 weeklies at $.55?

Yesterday early in the day. I got out this morning for $.35, but could have profited if I had some margin to work with and didn't have to sell the whole thing back.
 
Quote from ryanpatrick:

Somehow, it feels like ADSK is pressing to get shot down as it tries to break above that 200-day moving average. This would be the fourth attempt to break above that 200-day since its last report. Supports at $30 no doubt, so a rejection here could push shares from $35 to $30 in 1 day. I'll have to research this trade some more and see if I can make a buck off it.

Impressive call, bummer that no one traded it.
 
Quote from scottandmo:

Impressive call, bummer that no one traded it.

Thanks, I was not going to trade those just yet with excess capital too low...just wanted to test and see if my instincts were back on mark. Looking good though.
 
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