Well said. That is true for many stocks out there. like HD for example. I paid $2.35 when it was trading at ~$176.00-ish. It traded for $2.78 just a few seconds ago with the price around $176.40-ish. Still over a dollar out of the money, but money ...

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Well, with the market gapping, I got into the following HD strike instead: HD Nov2 177.5 CALL @ $2.35

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Good job on the NVDA CALLS, Cecil!

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Well, if premarket futures <50 down, the following should make money: HD Nov2 182.5 @ $1.40 or better If the DJ opens lower, I'll hold off from the open to get in at a better price.

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Unfortunately, all I can say is that I look for extremely overbought/oversold levels. I can't give specific indicator details, because unlike currency trading, options typically have a finite number of contracts available at any given price level, ...

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No, they really can't. SWK was special in that it was affected twice in the same week by different outside forces, but that very seldom happens. I don't really see a need for me to alter my strategy, as it has worked very well for me as is over the ...

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Sorry, Relax, I wasn't ignoring you, I just didn't see this post until a few minutes ago. The indicators that I use show the stock is ready to bounce up. It has been ready for a week, but with Sears filing bankruptcy last Monday and Home Depot/Lowes ...

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I don't think in this case it is just happening randomly. In their earnings announcement yesterday, Paypal beat estimates and they have a good outlook going forward and I think because of that investors and funds are just bidding it up like would be ...

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I agree. Earnings and analyst's comments and upgrades/downgrades can make stocks do some pretty weird things. For me, that is the reason I don't trade options on stocks coming out with earnings before I expect my moves to occur. But for The Fool, he ...

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Added the following: SWK Nov2 123 CALL @ $1.95

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Yep, I see that, my mistake on the expiration date. It wasn't toxic assets being dumped that caused the spike, they beat earnings yesterday after the close with strong 2019 guidance. I doubt you see it drop before the close today.

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Well, took advantage of the pop with: HES Nov2 64.5 CALL up to $3.05 from $2.05 OXY Nov2 72 CALL up to $2.40 from $1.55 SWK Nov2 126 CALL @ $1.80 still open SWK is being stubborn, but still a good play. So before the end of the day, I'll also be ...

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No, I was referencing the $80/$81 PYPL CALLS you sold for next week. But it's a moot point since it hit $86 this morning. That sucks! Unfortunately, that's why Level 4 option traders have to have so much money in their account to sell naked CALLS.

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Relax, best keep an eye on these to make sure you lock in a profit. The weekly chart shows it ready for a bounce up and the next stop should be around the 5EMA, which is at 82 right now, but that will drop after tomorrow rounds out the weekly ...

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OK, let's try this again. Extending the date out until November should make these all profitable: HES Nov2 64.5 CALL @ $2.05 or better OXY Nov2 72 CALL @ $1.55 or better SWK Nov2 126 CALL @ $1.85 or better As long as premarket futures show <75 down, ...

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Well, futures were too negative to get in to any of the above, but maybe tomorrow will be better? We will check again tonight.

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Well, providing tomorrow's futures indicate up or neutral (<50 down), here are some that should make some money: HES Oct26 64.5 CALL @ $1.70 or better OXY Oct26 72.5 CALL @ $1.45 or better SWK Oct26 127 CALL @ $1.95 or better I'll be watching SWK ...

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Good job! Trading about $1.40 now. Major money on a $500 investment....Congrats!

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Relax, you really aren't that close to any of the strike prices, why close the trade at a loss when you can wait to see if they are going to make it to the strike price by expiration? I really don't see DECK and EXPE hitting that strike price by ...

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Well, the huge down week last week and the big up day today pretty much killed all the potential trades for the next couple of days. One potential (NUE) has earnings out Thursday morning, so it's not a play. Everything was oversold from last week ...

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