Going to try and add a day trade here.....CRM weekly puts and see if I can make a quick profit. CRM tends to move farther in the direction of the open post earnings. I'll follow that trend.
Well, playing with fire now. Instead of the puts, I bought 2 crm 145 calls that expire later today at $1.30. Stop loss at $0.50, I'll take about a -$150 loss or so later on if it fails. Otherwise, I want to see if CRM can finish +2-3 points positive today. It'll be interesting and playing with pure fire (instincts) on my part.
Unbelievable, just jumped right in front of the train and catching it for a ride now. Raised stop loss on this CRM trade to $2.25, I'm getting out with a profit if CRM decides to only close gap and drop back.
And just like that I'm locked in with a $173.99 profit in 25 minutes. That's it folks, doubt I have the appetite for anything else today. Safe weekend and more to it next week.
Yesterday early in the day. I got out this morning for $.35, but could have profited if I had some margin to work with and didn't have to sell the whole thing back.
Thanks, I was not going to trade those just yet with excess capital too low...just wanted to test and see if my instincts were back on mark. Looking good though.