option trade idea-1 老吴头

Option Lesson 1.

The key for option trade is 1) to find the biggist move in the shortest time. 2) to find move direction. 3) to find the best buy point and price.

How? When?

Now, I introduce one of the conditions, very simple, you can make many folds in short time, but you can not be rich.

After the earning of the shares higher than $100 with huge volume of the option, if the price of the share moves more than 10%, buy the contrary direction options chain at the lowest prices.

For example,

Last July, goog opened the earning, price down from 540 to 500 after earning, before mt opened, All the Aug , Sep option chains from 550 to 780 were set up to buy at 0.05. At 9:30am, I bought Aug 660, 690, 710-----780. In five minutes, 4000 profit.I sold Call 660 at 1,..........