Straddle for earnings, part 5
Wow quite a violatile today. Dow was way up the morning, my EMC option actually hit a double today! Woo hoo. Too bad it's down a bit at the end of the day.
click to enlarge - EMC 5 days:

click to enlarge - EMC 1 year:

I just got in during Aug down week and Thursday before VMWare IPO'd. Quite a lucky timing I guess. The options didn't go below the level i bought at ever since.
click to enlarge - VMW after few months:

Anyway, to see if my straddle strategy will work, I bought 1 straddle of AMZN $95 January straddle today for around $19.57 after commission. AMZN was down $5 today alone. So we'll see what happens after earnings.
click to enlarge - amzn straddle:

As for my YHOO that I bought last week, both Call and Put premium increased today. Even though YHOO swinged downwards today, My profit winged from CALL's side inthe morning to PUT's, but both were gaining. I know this is greedy, but earnings is next week. Hope it will move the stock.
click to enlarge - yhoo straddle:

click to enlarge - EMC 5 days:

click to enlarge - EMC 1 year:

I just got in during Aug down week and Thursday before VMWare IPO'd. Quite a lucky timing I guess. The options didn't go below the level i bought at ever since.
click to enlarge - VMW after few months:

Anyway, to see if my straddle strategy will work, I bought 1 straddle of AMZN $95 January straddle today for around $19.57 after commission. AMZN was down $5 today alone. So we'll see what happens after earnings.
click to enlarge - amzn straddle:

As for my YHOO that I bought last week, both Call and Put premium increased today. Even though YHOO swinged downwards today, My profit winged from CALL's side inthe morning to PUT's, but both were gaining. I know this is greedy, but earnings is next week. Hope it will move the stock.
click to enlarge - yhoo straddle:

Labels: trading lessons learned







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