SquareRoot

I need to get on some drone stocks before they fly off.

Let's say it's earnings season, for example. And/or S&P is tanking. Or you expect Yellen to say something positive. Or you expect your company to kill earnings, but suck on guidance. What is your thought process that makes you say, "ok I'll go with an iron condor for this one" or "I'll sell a strangle", or whatever?

It's now on Aug 11 instead of Aug 4...

I just started getting into TA, and tend to rely on MACD and RSI. What about you? There are so many different types of indicators...did you just do a trial/error to figure out what works for your trading style?

Some upside potential here, I think...the company is at 52-week lows. I got some $9 calls expiring in 3 weeks.

Earnings come out Monday. Everyone expects FIT to beat revenue and earnings estimates...but in true contrarian fashion, I expect outlook to be subpar, and FIT to drop after an initial spike in AH trading.

While I think they might meet their revenue estimates, I think Twitter's outlook is going to be abysmal - users are simply not tweeting as much anymore, apart from during huge events like the Superbowl or World Cup.

I got myself about ~20 TWTR 15.50 puts expiring next week. Watch me burn my $ away!

I've lost out on a lot of potential profits, had I just held my ground and not closed out my positions too early (my FB 114 and 110 puts for instance). I know it's not the best to think of what could have been and that hindsight is 20/20, but I'm basically too risk-averse at this point I feel.

What do you typically use to decide when you'll get out? Once you reach x% in profits? Or some technical analysis to determine if you'll keep going?

Earnings out next week, though management has already said it will be shitty: http://investor.gopro.com/releasedetail.cfm?releaseid=950216

...besides /wsb of course.

Events like Black Friday, which usually mean retailers would see a big spike in earnings that quarter.