AMZN Earnings – What the market is showing
04/25/2011 4:45 pm Leave a comment
Closing price = 185.42
Expected move = +/- 10.888
ATM Straddle = 11.28
High open interest at the 190 and 170 strikes shows a downward bias.
Filed under Analysis, Options Tagged with AMZN, earnings, professional technique
NFLX Earnings Play (Ranges)
04/25/2011 3:51 pm Leave a comment
Expected move priced into the market of 21. Position is ITM for a move of +/- 47 with explosive upside on the boundaries.
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Trading Lessons Learned (Via Kirkreport)
There are a lot of people who are perceived as knowledgeable about the stock market, but actually don’t really understand what they are talking about.
No edge means no trade
You have to be on top of your game all the time to trade well.
Sitting on your hands can often be the best trade
Only losers add to losers
Early success is no guarantee of future success.
Get on board and stay on board until the trade fails
When you are up the most is when you are most likely to break your rules
Without taking risk, there is no reward
Trade what you see not what you think
Tips are for waiters; make your own decisions based on facts not on others opinions.
Cutting losses is the holy grail
The more time spent at the keyboard, the luckier I get
To be honest, I’ve learned just how much I don’t know.
There is no “silver bullet” with success in the stock market – just a lot of hard work and determination.
It is much harder to trade than I imagined it to be.
http://www.kirkreport.com/2011/01/19/lessons-from-2010/
Zevon's Log 