I do live trading on my Twitter and would like to post the real option trades that I am doing, and what my current watchlist is. Follow along on my journey to $1 million.
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** YouTube Commentary** : Here
Trades From This Week So Far:
$AMD $3> $3.55
It was a mostly uninteresting day as the US stock markets kept their jitters mostly consistent through the entire session on Tuesday. Most of the earnings that have come out so far have been very positive, yet no directional movement one way or another. The Fed meeting still looms on Wednesday session and I expect tech to keep being indecisive until, possibly, late Wednesday afternoon or Thursday. I take this week as very positive so far.
Overall I am up 1.75% since Monday, so I am mostly happy. Although markets are having a hard time pushing above recently levels - a good bit of choppiness.
I didn't end up pulling the trigger on anything on Tuesday besides closing out my $PYPL at $5.00. Sometimes it is best to do less in these situations, and playing through earnings is a big risk although sometimes can have huge rewards. Take the $GOOGL call Monday's blog. Last night Google rose $100 in after hours, so I'm sure if anyone held it through the earnings will be getting paid.
Short Term Options to Consider: (remember follow on Twitter for actual trades I do)
BA 5/7 $235p at $3.00 - Earnings were 30% lower than expected.
FB 5/7 $315c at $3.30 - This is a riskier play through earnings. I'm expecting Facebook to do better than expected.
SPY 4/30 $415p at $1.10- I'm expecting a choppy day for both SPY and QQQ. We can make a play leading up until the fed meeting which usually shakes markets lately.
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