It's not worth the risk. Earnings straddles/strangles is a sure way to lose money. The OP is a wacko. :)
Everyone gets lucky once in awhile, you got lucky this time. Next time you wont be so lucky. :)
Has three days to bounce up a bit. :)
WEEKLY PCLN OPTIONS Buy 1 630 Call @ $54.90 Sell 2 680 Calls @ $22.20 x $44.40 Buy 1 730 Call @ $4.00 Total Debit $1,450.00 Maximum Profit...
For an IC that risk/reward ratio (7.5:1) is very good. Lower ratios usually mean that you have entered the position very close to the...
Earnings straddles are too risky and they rarely pay off. Consider a call butterfly instead, with the wings plus/minus $50.00 and the body ATM -...
Pros = Cheap entry with wide profit range, Cons = Can't think of any, would need something to compare it to. PS: If you just buy the $620...
Pick some calls and compare it to the butterfly below. APRIL 2013 Buy 1 $620 Call @ $61.00. Sell 2 $700 Calls @ $30.00 x $60.00. Buy 1...
What is your target price for AAPL in April 2013? You could consider a butterfly built around that price. Example: $620.00. Buy 1 $540 Call @...
Nothing you can do but take the loss, or wait it out to expiry. The short options of the IC are you insurance to minimize the loss, a very simple...
danshirley ...... The so called "naive individual" with "serious financial problems" is down only $3100.00 on that trade with one month to expiry....
Naked Puts is the same as Covered Calls, so you don't have to worry about those. Naked Calls is unlimited risk so I would consider a Call Credit...
danshirley puts people on ignore, log outs to read their posts, and then logs back in to reply to the people he has on ignore. [img] :)
danshirley ....... Everyone on ET has respected your request not to respond to this thread. You do get the odd post but that's to be expected...
It was the revenge AAPL trading after the first AAPL trade that did him in. He was switching between AAPL put and calls within a two week period...
May, 2012 He was doing good until he tried to call the top on AAPL, which wasn't part of his trading style of earnings related trades. His...
Looks like danshirley has been chased back to his comfort zone in his private thread. It's too hot in the other option forums for him so he seeks...
I don't think so....... Put_Master's IQ is 3x that of Falconview's but still well below that of a moderately retarded person. He's long gone...
I wonder if it has something to do with betting. Otherwise I see no point in throwing games. :)
And 12% OTM, that makes it even more suspicious. :)
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