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that's great Jim! You hit the gold mine on that one, wish I'd of that of that!
googl quite a nice bounce off lows...I think some new mutual fund may have come into the market being that it's the first of the month, will see if it carries over next week>
LNKD..how did people do on the puts they got last night? seemed like they bounced it pretty hard into $210 at open ...I did see that the 200 puts hit a high near $3.00 and they were available at .08 last night. That's a big winner but for awhile there it looked like they could hit $10 last night...but everything changed this morning quickly...
I think Jim had some good strikes, curious how he did? that's a hard one to trade out of when it bounces like that.
agreed cool dude! I have done the same and that's probably the most frustrating thing to overcome because I've been in a lot of great trades and my winning trades far outweigh my losers but there's the issue of not letting the winners run...I think fear is the biggest thing I've had to deal with in trading...that and discipline; those two things are what I've worked on most...sometimes not taking a trade is more profitable than taking too many. There is always work to be done...and mostly it's work I have to do on myself and my own psychology.
I'm very sorry to hear that ced. I know what you mean...last year my mom died and I went back to trading to soon and I wasn't emotionally ready and got my lunch handed to me...I was probably kind of numb and maybe I thought trading would fix things or make it better...it didn't and since then I've made it a rule to step away when I'm not all there... hopefully, you can get things turned around ... I hope the issues can be resolved, too, I sure know what that's like.
I made enough to pay my rent this week but missed two big paydays...yesterday cut my amzn put trade short and made peanuts, it was a $6,000 trade and I got knocked out of most of it when they kept bouncing it back up...especially that $5.00 bounce. But honestly that's just an excuse and I'm trying to stay away from excuses...the real reason I sold was that I got fearful, had too large a position and started to doubt my analysis; well exactly 1 minute and 30 seconds after I sold my 7 427 contracts, which was just part of my position, amzn rolled over to the downside... I am trading on some small funds after making a dumb mistake on pcln back in January...so like you I've had to recover and this is my day job now, so there' no turning back.
I'm not holding anything over the weekend...I honestly don't think this market is out of the woods yet but I guess we will see what we get in May. I primarily trade nflx, amzn, googl, and pcln and sometimes tsla and apple...and try to get to know those stocks as best as I can. I've missed out on a lot of big trades, the day after nflx had 4 calls that could have turned into $10,000 the next day lol...too much could woulda shoulda, but I'm learning every day...it's been a long road in options for me and an expensive education...but there is always opportunity to turn things around...By the way, the mistake I made came about because I got too confident! I had made $9,500 and $6,000 on pcln in consecutive days and then overthought and overbought my next trade...the market has a way of reminding you when you get too cocky! ouch. gl cool dude, let's see what the market gives up next week.
ced what do you mean, I thought you had been doing really good with your trading? You account is really destroyed, or do you just mean you had a few bad trades? I wished I had taken the tsla puts today, it was on my list after I looked at the open interest more closely, but I went with googl 550 puts and made about $600 early this morning...then tried to overtrade on nflx puts and gave back $250...not a bad week, but had I just held my 6 440 amzn puts from Monday I'd have been up $12,000 this week on an $1,700 investment...somehow those big winners seem to elude me...
Kraigger looks to me like pcln might make a higher move today ahead of earnings, what do you think? 1255 -1260 range? thanks
TSLA, stayed up and watched the announcement, he was over an hour late to speak! The idea sounds cool for sure, not sure about today's action, traders seemed confused and all over the place...anyone with a crystal ball today?
thanks cnvegas, some nice trades, especially your apple put calls after the earnings...I didn't trade it but last few days the 130 puts would have really paid off!
golfnara, TSLA going to fly today? looks like it...240+ target?
cnvegas good morning! What trades are you looking at today? you have been right on the money...your amzn 400 puts looking great, are you still in them? thanks, just wondering what you're trading today.
golfnara, you have made some much $ lately, been killing it almost every day, one bad apple trade is probably like a drop in the bucket to your monster account...it seems every time you post you've nailed another trade...hope you didn't go too big on apple and it turns around for you.
THRX moving some now after hours...up to $16.54...the news was pretty quiet...maybe more reaction tomorrow..
Millionaires were made in LNKD puts today...wish it was me and you and my dog named blue...
that's pretty awesome laloo that you are new and had the conviction to go against this board, everyone was adding calls not puts...you might be a magic maker! those puts will be worth bundles tomorrow!
LNKD $200 puts were only .08 at the close...! unreal...this would have been the play of the year if you had those 200 puts...unfreaking real!!!
yeah Fredd lnkd puts would have been sweet! sorry you forgot...I don't think it's going to $300 now... PUTs are going to be worth millions tomorrow it appears...this is a HUGE move...people were talking about calls last few days but the way social media was performing it's too bad we didn't get some puts...this is an epic failure by lnkd lol.
social media getting slammed this quarter...this should have been a no brainer after twtr and yelp...I didn't play it but man those puts would have been fantastic on lnkd...holy smokes look at that huge drop!
yeah I'm not sure on thrx it's way below it's yearly highs...drpharmacist thinks it's a $35 company, so I guess I will just see what happens tomorrow and next week...GSK owns a stake so probably at some point they will buy them out...I don't have a lot of $ on this one...my big trade was amzn puts today and I let them stop me out on that $5 bounce that went high than the open lol, before they let it tank...disappointing but it's part of trading...did you get some thrx calls?
thanks mantis I just saw thrx approval too, so far the stock hasn't done a lot yet...maybe tomorrow I don't know.
drpharmacist THRX just spiked from $16 to $17 in seconds! I know the FDA approval thing for the asthma drug isn't till tomorrow but it looks like this one could get crazy! we will see.
I know! the 4470 puts now $50!!!1 from $8.50 on NDX!
Amazon, why did it have to fight some dang hard? kind of pisses me off but I guess you have to be willing to hold through a $5.00 bounce lol...googl rolled over like a baby but amzn was a dang tough nut!
NDX 4470 puts now $31.00 from $8.50 yesterday! Are you kidding me....that's better than a PCLN move even on a big day...crazy.
THRX let's see what the FDA announcement does to it tomorrow and or next week...it got hit today but now bouncing off $16.36 area...
nice job OMARS! on tsla puts...I had amzn puts today, it was a tough nut to break down, three hits at $331 before it did...googl puts was my other play but didn't trade it since I loaded on amzn...googl was definitely easier...amzn in the gap but has been fighting the short side all week...
Not trading TSLA into the announcement but will be interested to see what happens...I had the tsla 225 puts targeted for today, but went to big on amzn puts...so held off on tsla...I hope they save more downside on all these momo's for Friday...gl!
holding a few THRX calls for the FDA announcement tomorrow, just in case.
cool dude great job on getting your account built back up...! you will get to your goals with your new discipline...I don't know anyone who hasn't lost a lot of money on options at one time or another, usually takes a few years or more to find success and it's certainly easy to quit before that because losing is painful...it's not as easy as it looks, that's for sure...because you are juggling so many things...anyway, that's a great accomplishment to get from $1,500 to $10,000!
How did you make out on your YELP puts...looks like there was almost a $7 profit swing there for you.
Good luck on your spy puts Rory...I agree everything getting pumped ...crazy and unrealistic analyst upgrade....I bought in to the hype on the last tsla announcement and luckily got out before the dump..maybe this time is different, I just don't know. Maybe the tactic is to buy into the announcement, not sure at this point. Bidu is trying to recover...what is your downside target on the Spy for your trade.
BIDU getting punished! no more earnings this quarter for me, social media yelp and twtr getting slammed this quarter., what is next?
TSLA, anyone see this news on tsla? http://www.benzinga.com/news/15/04/5457441/rumor-hedge-fund-to-present-tesla-short-thesis-at-sohn
cooool dude YELP looks like you scored on those $48 puts my friend! nice job! that should make up for pcln.
cool dude you still holding PCLN 1300 calls? I was looking for an entry after Monday but just never felt comfortable on this one...guess we will see next week what they do...I was in tlsa 240 calls early for the first bounce, nice job on second bounce! still thinking of playing it tomorrow...my amzn puts did well too...gl!
Thanks guys on the TSLA announcement time...couldn't find it on the TSLA site but maybe looking at wrong thing...gl to you guys! Should make for some fireworks on Friday for sure.
TSLA nobody seems to know what time the announcement is on Thursday, not on website and haven't been able to find it anywhere else...I think you have to buy an apple watch to know the time when Musk does his thing? It could be good for sure...
AMZN puts the gift that keeps on giving!!
TSLA anyone know what time the "official" battery announcement is due for Thursday? I can't find anything on their website under events or press releases...thanks in advance!
rory nice! how much do you think those $40 puts will be worth at open if we open at 40.50 where we are currently? I've got the 41 put...but paid a lot more than you. gl
thanks Ced, I'm looking to get in tsla calls today, what strike to you have? Do you know what time the Musk announcement is?
what are you guys doing on TSLA today? maybe a bounce later on with the announcement coming up? these announcements so hard to trade because the last one the stock sold off on the news but prior to that there was a nice run up that morning...anyone know what time Musk will be talking? thanks!
the last time he talked on cnbc the stock went down even further...hard to believe, but true.
they are may 8 twtr $41 puts so may not move as fast as weeklies...not sure.