$FAZ Jul 22 calls .39 x .40

In $FAZ Jul 22 calls @ .36

Big level here for the $SPY. 137.30-.50 is a turning point one way or the other.

It will drop, shorts are covering here. Have to give it a couple days. The market isn't helping either.

Some $27 puts? I think you should hold them at this point but I don't think it is going to drop that low. $29 or so seems about right in the next couple days.

It will come back down to the $29.50 area very soon.

That's exactly what I was saying. Buying LEAPS or even options with a far out expiration (such as buying Oct calls right NOW), they will move slower because there is more implied volatility, and they are more expensive because the premium you are paying is the time value.

Go to optionstradingpedia.com and just read read read.

Not true at all. There are many long term, value money managers who utilize options for a range of strategies like hedging, buying LEAPS to capitalize on long-term growth (this means, for instance, buying an option a year or more out, looking for a slow increase in its value relative to the stock price), among others. It is a viable tool for the professional and novice traders when utilized correctly because it can suit so many trading styles.

In $FAZ Jul 22 calls @ .36

Lymphoseek, September FDA date.

Out $MCP Jul 20 w calls @ .23 from .20

Got lucky and nabbed the high here! Small position but still feels good.

Yep, vigilance is important. Especially on Fridays!

I'm not confident about that. Regardless with my trading style I don't need to risk that happening or not.

Well, many times it is about guidance for future quarters. That is what will drive price unless there is a major surprise in numbers...but I guess I don't understand this one.

Out $VXX Jul 13 calls @ .18 from .16

Large amounts of contracts so I really can't get greedy on these.

I was surprised by the price action in $BAC today...and I know I'm not the only one with the huge volume that had been coming in the last few days.

Averaging down $PCLN Jul 660 calls @ 2.40

In $VXX Jul 13 calls @ .16

I thought your idea was dead on in regards to $MAKO. Nothing you can do when things are out of your control.

If anyone wants to play a biotech, I suggest $NAVB Oct 4.0 and 5.0 calls. Run-up to FDA.

Short 300 shares of $VVUS @ 29.40

Out half (30 contracts) $PCLN Jul 660 calls @ 3.10 and 3.00 from 2.50

Holding other half.

Yes. Short.

Nice call on $CORN Aznboi!

Not before the raid into earnings. Tempered expectations which it will surpass and we'll get a rip over 620 easily. Probably more in the 630 range.

$PCLN Jul 660 calls 3.30 x 3.50

In @ 2.50

She's gonna run to the end of the week.

$PCLN getting legs..

In $PCLN Jul 660 calls @ 2.50

Out $AAPL Jul 600 puts @ 2.08 from 1.80

In $AAPL Jul 600 puts @ 1.80

They actually had $300M in cash on last quarter's balance sheet and their patents are good until 2020, so I don't think they'll make an offering BUT, its just the way biotech "investors" are (read: mom and pop). They will be too scared to hold here...and hedgies know this and will short it down to trigger stops.

Yep, overvalued plus this is just the way the biotech realm works.

Not necessarily an options play but I'm looking to short $VVUS today after their approval.

Good morning guys, hope everyone makes some cash today!

$WYNN calls were the play here if there was a play at all. Miss and stock doesn't budge.

$INTC Guides 3Q Revenue $13.8-14.8B vs $14.58B Est

Down about 1.5% so far A/H

; )

They are probably in chat.

Pretty sure JB and UPB are on WYNN calls. I want to say 105 or 110.

Didn't even see my $MCP July 20 calls got filled @ .30 from .20.

Nice!

Monstrous last couple days for $IMAX.