TWTR - Earnings this Monday October 27. Buy OTM Oct31 calls on Monday

FXforex said:
UPDATE

  • TWTR at $48.65
  • Earnings October 27 (today after market close)
  • Bought 1 contract TWTR Oct31 56.00 Call at 0.96
  • TWTR price target after earnings $60.00+

  • FB at $80.30
  • Earnings October 28 (tomorrow after market close)
  • Bought 1 contract FB Oct31 85.00 Call at $0.95
  • FB price target after earnings $90.00+


The TWTR trade is one of my more aggressive option trades at 16% OTM and a price target of plus 24%, my plan is to close the TWTR position on Tuesday October 28. I have also entered a FB earnings trade, my plan is to close the FB position on Wednesday October 29.

I'm still Very Bullish on the Nasdaq / QQQ and since Facebook and Twitter are the #1 and #2 most popular social networking sites they could be the catalyst to push the markets higher.


:)
More...

Only thing QQQ gives a shit about is AAPL and Feds with the exception of MSFT who already reported, rest are very small components.
 
FB matters a bit more but the TWAT is nowhere to be found.
 

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UPDATE

The TWTR and FB option trades will expire worthless. Below are the results from my three recent earnings related trades - AAPL, TWTR and FB:

  1. Oct 16 2014 - $248 - $622 - AAPL - Earnings this Monday October 20. Buy OTM Oct24 calls on Monday
  2. Oct 24 2014 - $191 - $0 - TWTR - Earnings this Monday October 27. Buy OTM Oct31 calls on Monday (TWTR and FB)
  • Total Debit $439
  • Total Credit $622
  • Total P/L $183 (+41%) Commissions not included.
Append the above results to My P/L for real-time trades posted to ET thread and the new P/L is:

  • Total Debit $2,809
  • Total Credit $6,527
  • Total P/L $3,718 (+132%) Commissions not included.

You guys are too focused on the losing trades, keep in mind that "Losing is part of winning-- only true noobs don't get this".



:)
 
FXforex said:
UPDATE

The TWTR and FB option trades will expire worthless. Below are the results from my three recent earnings related trades - AAPL, TWTR and FB:

  1. Oct 16 2014 - $248 - $622 - AAPL - Earnings this Monday October 20. Buy OTM Oct24 calls on Monday
  2. Oct 24 2014 - $191 - $0 - TWTR - Earnings this Monday October 27. Buy OTM Oct31 calls on Monday (TWTR and FB)
  • Total Debit $439
  • Total Credit $622
  • Total P/L $183 (+41%) Commissions not included.
Append the above results to My P/L for real-time trades posted to ET thread and the new P/L is:

  • Total Debit $2,809
  • Total Credit $6,527
  • Total P/L $3,718 (+132%) Commissions not included.

You guys are too focused on the losing trades, keep in mind that "Losing is part of winning-- only true noobs don't get this".



:)
More...

Can't wait for your next pick, i will follow..... in the opposite side.
 
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