My option trades

Well I've been playing with my technicals, trying to better read and forecast trades. Made a bit today, about $230, not real money, but was happy to see a new indicator worked. I've got one trade still open, but will close it tomorrow, win or lose I think. I'm not sure what to do. I show a bigger drop coming up. But maybe not tomorrow. Holding PUTS.
 
Quote from ryanpatrick:

Another small position, this time on DRI Sep 22, 2012 $55 put. Just bought some looking for a small drop in DRI shares from $55 to about $52.50 where 50-day resides. Past 4 reports has shares dropping with high of -7% 4 quarters ago. A 7% drop tomorrow would clearly make way for easy profit I think, still just looking for something small. I'll take the $300 loss if needed. This one will either be a winner or loser, nothing in between with expiration tomorrow.
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Holy smokes, up 4%. You have lost your mojo.
 
Quote from diaoptions:

Holy smokes, up 4%. You have lost your mojo.
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Go spam another thread and GTFO of this one. How many usernames are you going to have to go through before you realize no one cares about anything you have to say.

Just notifying anyone new here what a tool this diaoptions (until he gets banned and creates a new account) guy is in case they hadn't already noticed.
 
Quote from diaoptions:

Holy smokes, up 4%. You have lost your mojo.
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Maybe that wasn't a trade. Maybe it was just on his watch list. Maybe he sold the put rather than bought it. LMAO.

You tool.
 
Boy this is difficult to trade. Even in paper money, I'm still losing ! Such a low VIX. The ATR is too narrow.

I'm going to switch from IWM to OEX, see if that will improve things.
 
Took a loss on DRI puts...full loss on the $357.95 that I put in. Still have ADBE trade, sold the short calls this morning....

I watched RHT and JBL early this week. RHT would have been a loser on either side with credit spreads making the money on that one. For JBL, I should have entered a position yesterday morning capturing the follow through move on JBL. (It always makes a follow through).

Instead, I jumped into NKE Sep (weekly) 95/90 put spread, and a small position, 3 contracts, in ACN 65 call (weeklys) at $1.00 cost me $312.95 for this trade. NKE and ACN both report tonight.
 
Quote from probe1957:

Maybe that wasn't a trade. Maybe it was just on his watch list. Maybe he sold the put rather than bought it. LMAO.

You tool.
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I'd wish....lol, I took a loss on that trade. I consider it $357.95 worth of experience. I like testing the support/resistance lines like the one DRI was approaching. It does give me a better read on DRI for its next report in 3 months, and that's where I'll make the money back.
 
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