Good solution .... But based on hindsight. Should have been posted over here before earnings, the OP posted his idea the day before his trade....
Well it looks like AAPL earnings was a non-event this time around, up only 2.7%. The QQQ strangle is down $20.00 and I will close it on Thursday...
Nothing wrong with Yahoo Quotes. Below is a screen shot of an open position in IB, the same position I track with Yahoo Quotes. The difference for...
It's different every time, and you never know. Last AAPL earnings was good for option buyers....
It would make thinks simpler if atticus cleared up the Neptune Affect as I mentioned in this post:...
AAPL earnings play with QQQ options - QQQ 58P / 59C strangle - Live trade in progress. QQQ @ $58.81 Buy QQQ Jul 2011 58.00 Put @ $0.2302...
Options 101 - Strangle http://www.investopedia.com/terms/s/strangle.asp
The cheapest way, and maybe the best way to play AAPL earnings is with the QQQ options, since AAPL makes up 12% of the QQQ. A QQQ 57P / 58C...
I am trading REAL MONEY. My last QQQ Strangle trade was last Thursday, closed the next day - which was expiration. I bought a QQQ 58C / 57P...
OK ..... Hopefully atticus will reply. :)
Iron Condor - just buy some further OTM options to cap the maximum loss.
It's simple math 101 ..... the 600 calls have a better return than the 570 calls. 600 calls - buy at $0.35 sell at $10.00 - 28x 570 calls -...
Also you must be aware of horizontal and vertical risk if the angles intersect, this is known as the Neptune affect. As long as the H&V angle is...
Hindsight is always 20/20. If GOOG traded to my target of $610 the payoff would have been 28x, the 570's payoff would be 20x. Plus the risk was...
My trade was the only live GOOG earnings play posted on ET. The days range for the 600 Calls was $0.05 - $4.90 and the P/L for that trade was...
This is the finally result of the IBM trade with the P/L graph requested by the OP. Expiry was today. Looks like it hit the maximum loss, needed a...
Sold for: $1.20 P/L: $83.00 / 230%
Sold for $1.20
Lotto Play Buy GOOG Jul 2011 600.00 call @ $0.35 http://finance.yahoo.com/q?s=GOOG110716C00600000 GOOG target after earnings $610.00 Payoff...
FYI http://finance.yahoo.com/news/Netflix-price-hike-angers-apf-445008527.html?x=0 NFLX - time to buy puts on news of price hike? Sometimes...
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