FV...so sorry about the bad news. hope it can and will be contained and you can get over it and enjoy the rest of yours yrs on the planet...gl
My option trades
- Thread starter ryanpatrick
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FV...so sorry about the bad news. hope it can and will be contained and you can get over it and enjoy the rest of yours yrs on the planet...gl
Darn!
I really didn't expect such sympathy from lurkers. Thank you very much, I was just trying to explain why my posts have been so few.
Second trade I was holding made it's profit target, so I'm encouragd again. FILLED ! Nice present that, albeit in paper money. Cash next signal. Paper money acccount back profitable again. Lets see if I can do it in cash now???
That Ryan is a winner, if he continues trading careful, picking and choosing. 137% on his account in 5 weeks is really something. Too bad I lack the skill set for that kind of trading.
I really didn't expect such sympathy from lurkers. Thank you very much, I was just trying to explain why my posts have been so few.
Second trade I was holding made it's profit target, so I'm encouragd again. FILLED ! Nice present that, albeit in paper money. Cash next signal. Paper money acccount back profitable again. Lets see if I can do it in cash now???
That Ryan is a winner, if he continues trading careful, picking and choosing. 137% on his account in 5 weeks is really something. Too bad I lack the skill set for that kind of trading.
option is the way to go, many great traders started out trading options.
Well, I decided against those YUM 65 calls, and that was a bad idea.....should have taken them as research showed a potential rally to $70. Saw those options at $2.35 yesterday too...
The ADBE position was stopped for a loss, I still have MON Oct 90 put showing loss....
I'll have my eyes on JPM and INFY with both reporting Friday morning giving me today and tomorrow for some thorough research. I'll try to add in the research before putting the trades on if any.
The ADBE position was stopped for a loss, I still have MON Oct 90 put showing loss....
I'll have my eyes on JPM and INFY with both reporting Friday morning giving me today and tomorrow for some thorough research. I'll try to add in the research before putting the trades on if any.
I looked at YUM too and my research suggested it would either gap up to $69-70 or it would fall and then recover in the next couple weeks. So I bought a 8x67.5/70 spreads in YUM for $590 in play money and my plan was to close out right away if it jumped, or cover the 70 and hold the 67.5 if it dropped. Sold today for $1585 this morning. Why oh why did I use play money! =)
I couldn't get a read on AA. No trade but accurate read on STZ. I'll try it out again with JPM and INFY as well. Also, CAT is getting close to an almost must buy going into it's 10/22 earnings.
http://community.nasdaq.com/News/20...-demand-view-analyst-blog.aspx?storyid=180394
man always cutting views on demand and such... as the market is way ahead of itself..
alright, I already have a negative view towards the market this week. It looks like numbers from JPM, INFY, and JBHT will all have to be very strong to have those shares continue higher. I've only looked at INFY more closely, and there's much heavier call trades going on today at the 47.5 and 50 calls suggesting some 47.5/50 spreads are in play.
On the other hand, short interest on INFY has tripled over the past year...if numbers are strong we could see a short cover rally. It's a 50/50 there. On the chart, this would be INFY's first test of its 200-day ma since dropping below it back in April (I consider INFY still testing its 200-day ma since mid-September).
I think I'm going to play the 47.5/45 put spread for about $110 per contract. Yep, that's what my gut feeling is also pointing to. I'll leap in with 2 contracts and try to get it for less than $220 if possible maybe some tweak towards end of day. I believe INFY reports overnight in India, so we'll see how this first trade of this quarter pans out.
On the other hand, short interest on INFY has tripled over the past year...if numbers are strong we could see a short cover rally. It's a 50/50 there. On the chart, this would be INFY's first test of its 200-day ma since dropping below it back in April (I consider INFY still testing its 200-day ma since mid-September).
I think I'm going to play the 47.5/45 put spread for about $110 per contract. Yep, that's what my gut feeling is also pointing to. I'll leap in with 2 contracts and try to get it for less than $220 if possible maybe some tweak towards end of day. I believe INFY reports overnight in India, so we'll see how this first trade of this quarter pans out.
Grabbed 2 INFY put spread at $105 each. I'm not down to 5191.35, had a net loss of -222.85 on the adbe spread. Looks like the MON position might just eke out a small profit for me. RSI on MON is starting to break down so I'll hold out.
JBHT had revenue report stronger than estimates and shares popped by +5% in AH. Looking forward to INFY tomorrow morning.
JBHT had revenue report stronger than estimates and shares popped by +5% in AH. Looking forward to INFY tomorrow morning.
Looking smooth now with that INFY put spread. I think I should be able to get the full amount, within a few days, but we'll see. Looks like INFY's numbers were pretty weak again.