Panic buying into the close!
All of my long #Pre-Earnings trades (except CAT) are back on the map today, although definitely still weak. $VALE and $AMZN are best, at breakeven…. and that’s with VALE being the only underlying that is NOT up today.
Tag Archives: pre-earnings
Alas to lophirs
Although it pains me, I must step back from calling lophirs a safe trade. The max risk against potential reward is simply too high when volatility is elevated. So back to MamaCash basics for me.
Don’t risk more than 1% of account value on any single trade.
Map trades to my market mindset of long, choppy, or short. This year has really been a chop fest. Volatility tells it all.
NEVER assume that the markets can’t or won’t spike or drop to blow out your account.
I will survive but not especially proud of taking a big hit on my accounts after securing great profits for the year. I hope the rest of you are not learning the same lessons I am.:-) I will post when I finally close the trades I put on a couple weeks ago but for now, active management continues.
SWK pre-earnings
#Pre-Earnings Bought $SWK Oct 26th 140 calls for 2.00. Earnings are Oct 25th. This looks like the top performer on Mama’s chart. Starter position, will add more.
CAT
Added 2nd layer of CAT 10/26 165 calls @.96 to position opened yesterday. Thanks @MamaCash
CAT LMT MSFT SWK
Added second layer for pre-earnings on this pullback (or should we call it a correction). Parameters for my trades in the spreadsheet if you’re interested.
#pre-earnings
Copy CAT
#Pre-Earnings Bought to open $CAT Oct 26th 165 calls for 1.80. Starter position, following MamaCash. Will add up to two more lots.
NFLX lophir pre-earnings
This trade inspired by CMLViz.
Bot NFLX Oct19 350/340/325/300 x 1/-2/-1/2 put @ 8.31 credit. Will close @ 50% profit or day before earnings on Oct 16 whichever comes first. No risk to upside. BE on downside 323. Will adjust with call credit spread or long put at 330, whichever is most cost effective.
#lophir
#pre-earnings
Options Bistro 