Yahoo Earnings Play

Buy To Open

Nov 17 Call - limit - .61
Nov 14 Put - limit - .22
Total cost $0.83

Earnings to be reported on Oct 19; this securities is not a recommendation nor a soliciation of securities.

JPM - Earnings Play For Oct 13

JPM = 39.76

Buy To Open
Nov 39 Call limit - $1.94
Nov 38 Put limit - $0.82
Total cost $2.76

Intc Update - Earnings Play For Oct 12

Buy To Open

INTC = 19.52
Nov 19 Call for .96
Nov 18 Put for .26
Total cost $1.22


Trader Cowboys would probably trade this one, but since is it the last week for the Oct options, it would be insane to attempt.

OptionEx Week

Oct 19 Call for .73
Oct 18 Put for .06
Total cost $0.79

This is for educational purposes only and is not a soliciation of securities or recommendation of stated securities.

INTC - Earnings

Buy To Open
Nov 18 Call - Limit 1.54
Nov 21 Put - Limit 2.05
Total Cost $3.59

or

Buy To Open
Nov 19 Call - .84
Nov 20 Put - 1.29
Total Cost $2.13

HV = 24%
IV30 = 29%

Sentiment Survey - AAII

MOS - Earnings Due 10/4/2010

Mosaic Co., is expected to report first-quarter share profit of .72 cents (US), up from (.23 cents) the previous year.

Earnings play: $MOS Oct 65 $CALL .82 limit / Oct 55 $PUT .51 limit.
Total Cost: $1.33

Target for this to work would be Stock Price at $66.33 or $53.67.

The Flash Crash Report - May 6, 2010

http://www.sec.gov/news/studies/2010/marketevents-report.pdf


Copy and paste into address bar.

MAR - Earnings Oct 6

MAR is scheduled to report its earnings on Oct 6.

Oct 35 Call - Limit 1.60
Oct 36 Put - Limit 1.25
Total Cost $2.85

His IV = 34.45%
30 IV = 39.71%

Target Stock Price
$38.68 High End
$32.98 Low end

Currently no position has been taken, as mentioned before this is for educational puroses and is not a recommendation nor a solicaition of securities.

AAPL - OCT 18 - Conference Call

Buy To Open

Oct 320 Call - limit - .62
Oct 250 Put - limit - .55
Total Cost: $1.17

Target Stock Price:
$292 High end
$286 Low end


His IV: 22.04%
30Day IV: 32.06%


Apple is in a trading range on the average of $10 per share, we have taken a position in AAPL. Earnings conference call is scheduled for Oct 18, 2010; looking for numbers on the Ipad and Iphone sales.

This is for educational purpose(s)only, as it is not a recommendation nor a soliciation of securities.

Sell To Close - NFLX

Sell To Close
Oct 195 Call - 1.90
Oct 130 Put - .29

Nice move in the morning with a pullback, so take the profit when its there. 4-5 days it took for this swing trade to develop, appears this is the way the markets will be trading until the elections are over, or until something major happens. . . .

Earnings are on Oct 18; for this stock.

NFLX - Updated

Well, after a couple of days of waiting for this thing to play out. So far to good.

Current Option Prices:

Oct 195 Call - 1.35
Oct 130 Put - 0.33

Current Stock Price: $170+

NFLX - Netflix Inc., Earnings Play 10/18

Buy To Open

Oct 195 Call - limit 0.82
Oct 130 Put - limit 0.66
Total Cost: $1.48

Option IV: 45.04% Current; 67.87% Monthly

Target

$163.69 High end
$160.73 Low end

Earnings are to be reported on 10/18/2010, which these options will have expired (10/15/2010 Fri.) if the security does not move in a huge and fast matter.

Disclaimer: This for educational purpose and is not a recommendation nor a soliciation for above security. MCRG and AC currently owns this position.

GOOG and APPL

Sell To Close

Oct 570 Call - Limit 3.30
Oct 460 Put - Limit 1.95

Net Profit: $471.90

Stock closed at $527.29 +$13.81

Buy To Open

Oct 570 Call - limit 2.05
Oct 460 Put - limit 1.95
Total Cost: $4.00

Target

$519 High end
$511 Low end

Disclaimer: This for educational purpose and is not a recommendation nor a soliciation for above security. MCRG and AC currently owns this position.

















Looking for the $290 level to be the support for AAPL, as the market has pinned for this week option expiration. China Iphone numbers should be due out sometime next week.

Also, window dressing will be all next week. Could see a pop to $300.00; level for AAPL.

Disclaimer: This for educational purpose and is not a recommendation nor a soliciation for above security. MCRG and AC currently owns this position.

GOOG Option Trade

Buy To Open

Oct 570 Call - limit 2.05
Oct 460 Put - limit 1.95
Total Cost: $4.00

Target

$519 High end
$511 Low end

Disclaimer: This for educational purpose and is not a recommendation nor a soliciation for above security. MCRG and AC currently owns this position.

APPL and FDX

Well, the apple cont'd to make a new high on the day, with some great news on china getting the iphone on Oct 25, 2010. I wonder with the Ipad numbers where over the weekend for china? Do we see a contintuation from this note?















What the heck FDX, should have filled the gap already. The problem is that price is below the 200MA. AAHH moment?!?

Jan 2011 Option - Strikes Should Be Used

Check'em out upcoming earnings plays for Oct 11, 2010 - Oct 27, 2010

President Obama will be addressing the Business side of the economy . . . This will done in the afternoon session of the markets, and could set the tone for next week's trading. What to watch for is if pro-business Obama shows up, and talks about tax cuts and creation of jobs. Or if its anti-business Obama speaks, watch the USDX. In case you have not been watching the dollar, it pretty tells all.

On Tuesday, we have the Federal Reserve to see if economic activity is picking up.

Notables: APPL, GLD, and FDX

Disclaimer: MCRG and AC are positioned in the above referenced securities, this is not a soliciation or recommendation for the above mentioned. This site is for eduational purpose only.

AAPL and FDX

Apple Inc., released the Ipad, International to China. Looks like we we are testing a breakout or restesting a support level, will see on Monday.













Federal Express., released earnings that were better, however, they will complete a 1,700 employee laid off program to get more profits into it's domestic unit. Guidance going foward are slow.

Upcoming Earnings - Sept 16

FDX - Sep 16 Before The Open FedEx (FDX)

Buy To Open:

2 Oct 90 Call - 1.39
2 Oct 80 Put - 1.64

ORCL - Sep 16 After The Close Oracle (ORCL)

Buy To Open:

2 Oct 26 Call - .50
2 Oct 24 Put - .37

or

Buy To Open:

2 Oct 27 Call - .22
2 Oct 23 Put - .20

RIMM - Sep 16 After The Close Research In Motion (RIMM)

Buy To Open:

2 Oct 45 Call - 2.90
2 Oct 42.5 Put - 1.81

These are for eductional purposes. And not intended for as a recommendation or solication of the above securities.

BBY - Updated

Sell To Close: After earnings Annoucement.

BBY - 37.17
2 Contracts: Oct 34 Call - 4.25
2 Contracts: Oct 33 Put - .28

Profit $295.90 less commission. Nice for couple of days of holding.

Buy To Open:

BBY - 33.88
2 Contracts: Oct 34 Call - 1.52
2 Contracts: Oct 33 Put - 1.34
Total Cost: $2.86

Breakeven
Long side + $35.40 per share
Short side - $32.54 per share

BBY - Earnings Due Sept 14/b

Sell To Close:

BBY - 37.17
2 Contracts: Oct 34 Call - 4.25
2 Contracts: Oct 33 Put - .28

Profit $295.90 less commission. Nice for couple of days of holding.

Buy To Open:

BBY - 33.88
2 Contracts: Oct 34 Call - 1.52
2 Contracts: Oct 33 Put - 1.34
Total Cost: $2.86

Breakeven
Long side + $35.40 per share
Short side - $32.54 per share

CREE - Update

Buy To Open:

CREE - 47.585
2 Contracts: Oct 40 Call - 8.45
2 Contracts: Oct 55 Put - 8.60

17.1 Breakeven
Long side + $56 per share
Short side - $39 per share

Upcoming Earnings Play

Prices are as of 9/10/2010 morning snapshot:

ORCL - 24.91
Oct 22 Call - 3.10
Oct 28 Put - 3.30
Sept 16/a

FDX - 84.65
Oct 70 Call - 15.45
Oct 100 Put - 15.70
Sept 16

RIMM - 43.75
Oct 37.50 Call - 7.20
Oct 52.50 Put - 9.30
Sept 16/a

BBY - 33.65
Oct 31 Call - 3.30
Oct 37 Put - 4.00
Sept 14/b

Noteworthy:

KR - 21.36
Oct 18 Call - 3.50
Oct 24 Put - 2.90
Sept 14/b

DFS - 15.00
Oct 13 Call - 3.10
Oct 19 Put - 3.50
Sept 13

PIR - 7.77
Oct 5 Call - 3.00
Oct 11 Put 3.40
Sept 16/b

Disclaimer: We are in and out these plays, intentioned for educational ideas and not as a recommendation or solication of securities.

Eraseronmics!?!

CIEN - UPDATED

Looks good so far this morning, little bounce. This what is required for this thing to perform for a halfway decent profit on either side of the trade. No sideways trading . . .

CIEN - Earnings Straddle for Sept 8

CIEN 13.00 Call Oct 16, 2010 1.06
CIEN 13.00 Put Oct 16, 2010 0.76

Planned Purchase for Sept 07, 2010; limit Friday's closing price of above referenced. These are options for Oct., so that we may have a little bit of time on on you side, if it does not work out then all will be sold for whatever we can savage . . .

Note: Earning must produce an extreme drop or gap up for us to profit. Breakeven point cost 1.82. H: 14.82 or L: 11.18

Earnings Conference Call: (Live Phone N/A) on Sep 8 2010 8:30AM

Next earnings release: Sep 8 before market, confirmed. Thomson Reuters estimate: -0.33

Nasdaq Day Trading Sim

Pretty sweet little simulation. Not all stocks are present, but, its a growning database. Also, check out the Orders tabs as it keeps your trades in and out with commission from Interactive Data. You can also change the dates for the trading data to practice that trading day. www.tradingsim.com

SPY - Labor Day Prior Play

The year of the institutional money, per holiday rallies.

SPY - 5 Min Chart

SPY had a big day on Friday morning with Ben and the boys. Well, we dropped and popped. Appears that the SPY is coming into some resistance at the whole number of 107.00 even level, this will be a gap fill if completed from Aug 23-24 area.

SPY - 5 Min Chart w/ Hourly

Appears that this market will never go back down and that is fine with us. All of the meat is built in to the 1st hour of trading day and the last 15 minutes of the trading day. Stops and Profit target in place you can do better than, getting washed out of this machine driven market.

SPY - 5 Min Chart

It was a wild day on this Friday morning with the GDP number, being poor, then market started to find its footing. As it being Friday they PPT, HFT will not let this market go gentle into that goodnight. On this 5 min charts you can see the dump and fade, with a wishing tail to show where they want to end the day.

New Weekly - Option Contracts For Trading

Click on the image to enlarge them.

SPY - Closed Above 110 Level

EU Banc Stress Test announcement was release after the European markets were closed and the US market reacted to the downward rally, however, it became apparent that the Stress Test was not really a test at all. All the EU countries had done a bailout package in the tune of $1 trillion, but the US markets managed to gain its footing back and off to the upside we went. SPY closed above the 110 mark. There are some other things that need to be addressed, resolved before the music continues.

Big Ben - A Look At The SPY 5 MIN Chart

Appears that we are getting some nice price action, to the downward rally. Ben stated that it will take longer to recovery than planned. Where you surprised by this comment, I believe not. The market machines have taken over and with the summer light volume this can push this market around, like not other. Tomorrow we should see a continuation to the down side. But, Housing, Job's # and Big Ben speaking for the second day. We will have to see where this market takes us. Some more bigger tech names reported their earning after the bell and, it appears that were in a sell the earnings news phase of this market. I would prefer scalp and 1-2 swing trading to stay out of this mess. However, take what the markets give you, don't be greedy . . . . Would like to see this market trade downward to the 100-98 level for the SPY. Time will tell on this one.

SPY - Updated - 5 mins

Well, this was a day most of the retail investors were looking for, due to the institutional players running the markets up, after the July Holiday. SPY closed down -3.

Appears that we can see some more downward rally, as the EU Banks Stress Test results are due out.

5 min - Light Volume Day

Was this the World Cup Hangover? or the Fed Ben run and dump? Moreover, the market were looking forward to the start of this quarters earnings season and AA started it off at the close of the bell, today. INTC is the next one in line to report, busy week of Heavy Eco News . . . Plan the trade and watch the tape. This should be interest with the Shorts being hanged out to dry by the HFT, PPT and other market process . . . .

5 - min Chart - SPY

Appears to have been a nice chop/chop and sideways action in the SPY, as trader were still in the discussion mode of which way to take this market into the weekend. No much volume, so the machines took us into the close for a new high. It also appears we are going to make a bit out of earnings starting next week. Would you like the markets to have a paddling for 10K and below or a 10% drop or next week? Humm, also option ex is next week, mm, ppt, and hft will probably put the brakes and put the markets in sleep mode.

EcoNews - Ones To Watch

SPY - Updated

There was some late selling complete before the long 4th of July weekend, so do we see a continuation of this on Tuesday, hum . . Monday is a market holiday in the US Markets. The last time that the US markets were closed the world made a decision on credit swaps and defaults. China release on a US close holiday that the were letting the yuan float. So the proof in the pudding. Weekly downward rally is still intact. 18 MA on the weekly is being attacked at the time of this posting. 100-98 targets appear to be in insight or the 103-103.50 on the high side of this report. One week is last before the options expiration week for July, is should be fun!?!?!

SPY - Updated

Well the markets are tanking and it is a good thing too!?! China is falling apart and it tackling down. We now have closed below the White Line in the Sand with little to spear, all traders are going on vacation and window dressing, is not helping. Taking heads are pounding the tables with the next double-dip. However, if you were watching the charts you would have been on the downward side of this market.

Market will possible test the breakdown with either 100 or sideways trading until July kicks off. The gov tried to cover up the health of this market and economic depressed status, but, we are traders know it was all for not.

Daily - SPY

Ugly Day - SPY Updated

NEW YORK (Reuters) - Stocks cascaded to their lowest close since February on Friday after May's jobs figure slammed investors already reeling from worry over another developing debt crisis, this time in Hungary.

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Job creation were only 18K; if you back out all the temp Consensus Workers. President and Vice President said the number were really good, but did not take into account all those temp workers. Gov.bull.market. On this 10-min chart the May 26, 2010; level was pieced, however, we did not get a close below this level. There is still a lot more downward pressure to be seen and we will make short order of getting there, as it appears.

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SPY - Targets Met - Update

Targets have been hit for this week, jobs number are out tomorrow morning, as Obama said to expect a better than better job number. Which we believe the market was trying to price it in before the close of today. All so, volume it still very light due to the holiday and shorten trading week.