Hey Hobsters........ how  I love to trade on earnings!!!  I have done a video to explain a butterfly that we did last week in the chat room. I chose the direction (bearish) and then chose the strikes that I felt Google would end @ OPX on Friday afternoon. I chose the 470/460/450 put butterfly and put on the trade for average of 90$ per contract.  Allot of folks took the trade in the trader's lounge and followed my lead. Well on Friday Google closed @ 459.60!!!! Wow  couldn't get much better than that,  that trade got the full 800% on our investment! IN ONE DAY!!!  How can you not love that!! take 90$ and get back 880$ in one day! I am still loving that trade so much. I did it last earnings on Google too.  So I did a video on a butterfly and broken wing butterfly that might help you learn.

All you have to do is risk $100 a month (after January rates will be going up) and your returns will make you leap in the air. I love to see how happy folks are when they follow my trade and get smoking hot results!

IBM is coming up tomorrow after the bell and I will be searching for a trade on it. I used IBM as a sample butterfly when I did the video, but will not do one, why because there is too much time (theta) left till OPX so my short legs if right will make $ too and I don't want that!

Apple is coming up on Tuesday so I went over how and why I chose the trade I took . I hope you enjoy them and will do more videos on my forte that is I live, breathe, smoke options :-)

Let me leave you with this............lots of smart folks can do TA and call market direction, but how many can put on a trade that boasts great risk to return consistently and know when to exit that trade!

Have a great week and let's rock

Peace Love,
Anna