FEYE is off the richter scale today!

FireEye Inc provides cybersecurity solution for detecting, preventing and resolving cyber-attacks that evade legacy signature-based security products. Its solutions include traditional and next-generation firewalls, IPS, anti-virus, and gateways.

FEYE is off the richter scale today! I bought some 12/24 strangles on the way up and it just keeps blowing past the strike prices! Should have just gotten naked calls, but it seemed too risky at every step, lol. Well at least I'm setup for next week, that's for sure. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny / day, for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
www.tradingview.com/u/growerik/

Trade active:

liquidated 12/24's
entry 12/31's

Comment:

same strangle setups on 12/31 expiry's:
$17 put / $19 call
$19 put / $21 call
$20 put / $22 call
so far following price action adding 2 point spread each leg $1 movement

Trade active:

$21 put / $23 call

Trade closed manually:

Liquidated all positions while in the profit zone. Good luck everybody...