Daily Update

Needless to say I got stopped out on DWA. People trade the EPS instead of the incredibly positive forward looking statements. Stock's trade around earnings based on their EPS hit or miss. Here are some charts of the trades I entered today. The Pink lines represent my entry points, click charts to enlarge.

IMAX bought 2 June 22.50 Calls @ .97 as IMAX hit the LOD and started climbing back up. (Currently up .25 in AH)

LVS bought May 26 Call @ 1.32 when I noticed the support around 24.55 forming. I don't like this trade and will probably get out early tomorrow for break-even.

Bought GLW once I saw it bounced off the support of its trend.

Here's a Daily chart of GLW to give you a big picture of the ascending triangle trend.

Got in on USO again today. Came back above support at market open and continued a slow uptrend. Watch for a stronger uptrend or a retrace back to the support. Would like to see some more volume on the upside.

The final trade I made was in the last few minutes of the session. I jumped on GMCR due to the ridiculously low put/call ratio. Clear example on my part of "Pack Mentality" hahaha. Currently GMCR is down 12.91 (-14.85%) in after hours. Going to try and get out of this one with my pants still on tomorrow morning.