Long Strangle - Neutral Options Play

NASDAQ:GOOG   Alphabet Inc (Google) Class C
384 4 1
GOOG             is due to report earnings on Q3 Earnings Conference Call October 17, 2013
1:30 PM PT / 4:30 PM ET Price swing avg             $30 - $40. Long Strangle Play here. Warning: High premiums are added to options closer to announcement date. Make sure not over paying.
OMG Look at that candle. Did price get propelled by a rocket. Purchased 2 calls 960/950 and 2 780 puts avg 1 each. Puts are worthless now but calls pop to $48/$50 each. Sold at the bell because I panicked. When I saw 5 k up. Should have placed a trailing stop. Will plan better for next long strangle. Win Win strategy. Calls cost. $200 Now worth approx 10k I wish I coulda, or shoulda. Not! :D Cheers to all the winners.
MarketSwingPlayer MarketSwingPlayer
I wish I purchased 10 calls and 10 puts. ha ha he he lol
Can't wait to see what the candle will look like this morning, so I can sell my now in the money calls. . Price is now at $970 pre - market. Can we get to $1000 Cheers. :D
Whew, we are rich!!!! Cheers lol
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