And how many people post their losses? I bet you don't follow the losses I post? In fact I.post more losses than I do gains. And of the two trades mentioned , neither seem stellar at the moment. So if my goal was to brag, it'd be counter productive. As for gmcr, I did turn $190 into close to $1200 or so... I also don't usually remember all the strike combos I have so if anyone has a problem with that y'all can suck on my strikes. You remind me of someone else who posted here before.. EDIT: IT IS YOU FOREX FOREX!!!!! OH HOW WE HAVE MISSED YOU!!! I log in here from my phone usually so had to go back and read previous pages. Welcome back!!!
Tomorrow's jobs number will be a black swan event as many people will be surprised and it will have a major impact. Afterward everyone will say they knew it was coming.
There are many options are in for forex... You have to select which one is best for you to make trade!
All I can say from the data is that if LNKD opens here at $120 this morning, then leg out of the 120s and let the 110s run another 1-2 points....History shows LNKD adds at least another 4% above its opening price. At $120, you can almost be 100% sure that it'll hit $122-$124 sometime during the day. The only mark against this would be a poor job report that crushes the market.
Sold my Lnkd The strangle worked out really well although whats hurting me is the illiquid market... id say some of the volume numbers you see are prolly mine..LOL... trying to close out the call side of the strangle now...
Closed out TRMB for loss of -285.99. I think LNKD will climb higher through end of day, so I jumped in 2 lnkd May 4, 2012 $120 calls at $1.00, set stop at $0.55, and I'll just see if the prediction holds. I'd gladly close out if the options hit $2.50 by noon. Anticipate small loss around ($100), but gives me a chance to test out the theory of LNKD trading about 4-5% above its opening price on post earning upswings. At open of $118, Just want to see if it can test $122-$123. I believe last quarter, it took until the afternoon for LNKD to make that late run. Might as well test out the theory here.