AAPL to report earnings today

>AAPL is going to report earnings after market close

o-okay. nice to know kek. some positions open there... well it's a coinflip anyways lel

My put came in handy I guess (;
I only bought one 106 call and one 105 put
Looking like I'll make about $600 profit we'll see when the market opens

Should've bought two but I only wanted to use half of the 800 oh well

>long options ever
>not collecting volatility premium bull or bear play all day long
y u do this

I almost pulled the trigger on some 102 puts but I bitched out

I used to do this and learned the hard way. Last Q3 earnings I bought some NFLX calls with $500 sold them before earnings and had about 1500 then bought some more. Sold them for 2400 morning after earnings. Was going to buy some more calls but I pussied out. Would've ended up with around 15000. Then I would've used that to buy some Google calls and this was when Google jumped $100 after their Q3 earnings. Ended up using the 2400 to buy some apple calls. Earnings report went great but big money cashed in after hours and the stock dropped a few dollars and my options were worthless. Now I buy spreads so I can at least break even if something like that happens again

Can't win the lotto if you don't buy a ticket lol also refer to ^^^^ when I pussied out on doubling down for NFLX and then using it to buy some Google calls. If I doubled down and made that 15000 and then used that to buy Google calls I would've had around 80-90k

I've never bought options before, but I'm interested in learning more about them.

If a stock is trading at $100, and I expect that an event 2 weeks from now will cause the price to tumble to $90, at what price point should I buy a put? 105, 100, 95?

And what time frame? Should the put expire the day after the event, a month after the event, or several months after the event?

Assuming we're talking about american style options.

And then, assuming everything goes to plan, do you just sell the put option back on the market, or do you have to exercise the put and go through a whole bunch of transactions?

I know this is basic shit, but I hope someone can help me out.

Can anyone help me?

tastytrade.com

People said the same thing about Apple entering the phone industry.

That worked out well.