Looks like I'm going to be generally bearish on the market. sold the short 45 puts at $1.50 and now holding INFY oct 47.5 puts and MON oct 90 puts.....I'll have to review this market over the weekend to see if we will at least have a neutral week next week. It's been negative all week, and this week could be the turn of the tide.
Closed out long INFY 47.5 puts at $3.40 so I can buy some GWW oct 220 calls at $2.30 (bought 3). I think GWW is on a clear reversal with positive earnings expected. GWW should bounce by 5-6% and I only need about 3.5% for a profit. Report comes in tomorrow and I'll go from there.
just saw this, just take it one day at a time, God bless you and your family, keep trading though, even if its paper, keep your mind occupied...
totally misread GWW and taking a total loss on the trade. Opened up IBM calls spread 215/220 for $95 per contract, bought 5 @ ($487.95). Also bought 2 ISRG Oct 560/570 call @ $2.15, and 2 ISRG Oct 485/475 put spread @ $1.50 each. Then topped it off with APH calls....Oct 60 calls (3) at 1.60 Yes, big chunk of the account will be tested today with these 3 trades...about $1500 here.
Good luck on these trades, Ryan. I have not been here for quite some time... Wishing you success, Bryon ps, i got some APH calls myself, thanks (IBM too overbought on weekly chart, ISRG too rich for me)
By the way, Ryan, I applaud your courage to post your successes and failures for all to see. As for "what else is new?": Ryan's account is up about 100%, that is what's new.
how would they be cheap.. earnings just came out.. 4:18 PM Intuitive Surgical (ISRG): Q3 EPS of $4.46, beats by $0.94 may not compare to $3.50 estimates. Revenue of $538M (+24% Y/Y), beats by $3M. Shares -7% AH. (PR) Comment! [Earnings, Healthcare, On the Move]