Hi BMCD, u almost read my mind as to the struggles I go through to find which type of charts to look at (i.e., daily, 5min, etc).
I knew that it was near fatal to play options on a slow friday, that too ahead of a long weekend. I knew it was kind of "hoping against the hope" to hope for a quick bounce on GOOG on 5/25, but I still went for that trade.
But whenever I am just doing a paper trade, my trades will turn best traders green with envy. So I simply took a chance. Well hindsight is 20/20, and I lost money.
As u correctly pointed out in one of ur other posts - "If I hold, I lose money, If I sell, I lose money". I lost money for holding too long, and lost money for selling too early.
Thanks everyone for responding to my question. Great board.