Q3 Earnings - July 17 to 24

[FXforex]

• YHOO at 35.61
• Bought 3 contracts July19 38.00 calls at $0.15
• http://finance.yahoo.com/q?s=YHOO140719C00038000
• 52 week high $41.72
• Earnings July 15
• Position is 5 strikes OTM, 6.5% OTM, 4 days to expiry.
• Expected jump after earnings 10%+.

OK ....Here we go. I'm expecting plus 10% after YHOO earnings, which will make the 38.00 calls worth about $1.00.

Later on this week GOOGL earnings Thursday, July 17. Maybe buy July19 OTM calls on Thursday sell on Friday ?????? We will see.

 

[FXforex]

OK ....Here we go. I'm expecting plus 10% after YHOO earnings, which will make the 38.00 calls worth about $1.00.

Down 2.22%. Looks like the options will expire worthless.

 

[donnap]

FWIW, shorted 100s AH at 36.67 and bought back 40 sec. later at 36.57. Proper scale would have been more like 50s for an effective ratio write on the Aug puts.

That's a disadvantage of these micro positions is that it's too inefficient trade off of them. Had size been at least 10x then I could have shorted several hundred shares and scaled out.

 

[FXforex]

• YHOO at 35.61
• Bought 3 contracts July19 38.00 calls at $0.15
• http://finance.yahoo.com/q?s=YHOO140719C00038000

• 52 week high $41.72
• Earnings July 15
• Position is 5 strikes OTM, 6.5% OTM, 4 days to expiry.
• Expected jump after earnings 10%+.

Close, but no cigar.

 

[FXforex]

I'm only interested in OTM calls and I do have one trade in mind.

Buy 1-2 strike OTM QQQ July 25 calls on Thursday July 17 and hold for one week. There is a few high profile stocks reporting during that time that might boost the market.

I will be entering the QQQ July25 call trade on Friday, July 18. Maybe the QQQ 95.50 calls, I will update when the position is filled.

 

[FXforex]

I will be entering the QQQ July25 call trade on Friday, July 18. Maybe the QQQ 95.50 calls, I will update when the position is filled.

I never did enter this trade. Tomorrow is AAPL's earnings, and this week is very busy when it comes to earnings. I plan on buying some OTM QQQ calls on Tuesday, will update if I enter a trade.

Some notable earnings this week.

• CMG July 21
• NFLX July 21
• AAPL July 22
• FB July 23
• AMZN July 24
• TWTR July 21-25?

 

[FXforex]

UPDATE

• AAPL at $94.23.
• Earnings July 22 (today).
• Bought 1 contract AAPL July25 97.00 call at $1.00.
• AAPL price target $100.00+ after earnings.

Alternative trade could be the QQQ July25 97.00 calls at $0.34. But I am only going with the AAPL calls.

 

[FXforex]

• AAPL at $94.23.
• Earnings July 22 (today).
• Bought 1 contract AAPL July25 97.00 call at $1.00.
• AAPL price target $100.00+ after earnings.

Alternative trade could be the QQQ July25 97.00 calls at $0.34. But I am only going with the AAPL calls.

• AAPL at $97.46. Still holding the July25 97.00 calls, worth about $1.00.
• FB earnings today, I have no plans to enter a FB position.

EDIT: The QQQ July25 97.00 calls are at $0.53.

 

[FXforex]

July 22nd, 2014, 11:07 AM

• AAPL at $94.23.
• Earnings July 22 (today).
• Bought 1 contract AAPL July25 97.00 call at $1.00.
• AAPL price target $100.00+ after earnings.

Position still open. With 1 day to expiry and AAPL at $97.03 the market is dangling the carrot in front of me.

 

[FXforex]

July 22nd, 2014, 11:07 AM

• AAPL at $94.23.
• Earnings July 22 (today).
• Bought 1 contract AAPL July25 97.00 call at $1.00.
• AAPL price target $100.00+ after earnings.

• AAPL at $97.25.
• Sell to close 1 contract AAPL July25 97.00 call at $0.41.