
AAPL - Great Play on Trend... 566%
During our January 30 Live Trading Session DollarBart put TA targets out for $474, then to $500. Couldn't have been more spot on!!!
Here's the recap:
AAPL – Apple on January 30 trading at $453.04. TA target of $474, then $500.
February 470/475 bull put spread for $4.25 credit on $.75 of risk. Probability 19%. B/E 470.75.
Exit – hold through expiration February 17.
AAPL looking to close around $500+, expiring for max credit of $4.25 on risk of $.75, ROR 566%
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~DanTrader 
FTNT - nice little 50% ROR trade
ETNtrade Live Trade Recap:
FTNT – Fortinet on January 30 trading at $22.61. Earnings Tuesday, January 31 (AC). Average move on earnings 10.6% = $2.37. IV 72, low 55. Reaction range 19.50 – 25.50.
February 18/19, 26/27 iron condor for $.40 credit on $.60 of risk. B/E 18.60 – 26.40.
Exit – hold through expiration February 17.
Friday FTNT trading at $26.04, bought back 26 short call for $.10, keeping $.30 of original credit.
Gotta love options on expiration Friday!!!
ROR 50%.
~DanTrader 
CELG - 68% ROR
Just closed out Celgene bull put spread we sold on January 23 in our ETNtrade Live Trading Session:
CELG – Celgene on January 23 trading at $73.48. Earnings Thursday, January 26 (BO). Bullish trend.
February 72.50/75 bull put spread for $1.28 credit and $1.22 of risk. B/E 73.72.
Exit – hold through expiration February 17.
Friday trading at $74.55, bought back 75 put for $.45, keeping $.83 of original credit. Nice little option spread...
ROR 68%. 
~DanTrader 
NTAP - Tappin' 89% on Earnings Play
We've been keying on the NTAP chart since our January 16 Live Trading Session at ETNtrade, which was a market holiday. Entry was Tuesday, January 17. Here are the details
NTAP – Netapp on January 17 trading at $33.98. Earnings Wednesday, February 15 (AC). IV 43, low 35. Average move on earnings 8.6% = $2.90. March 33/35 strangle for $3.86. With IV drop to 35, B/E 29.36 – 38.42, rough risk $2.06.
Exit – Thursday, February 16 in the AM.
Thursday, February 16 NTAP trading at $42.10, spread worth $7.29 (.09 + 7.20).
Gain of $3.43, ROI 89%.
~DanTrader 
AKAM - 15% return with March strangle
I'll just give you the "facts" on this one
...
AKAM – Akamai Technology on February 6 trading at $33.54. Earnings Wednesday, February 8 (AC). Average move on earnings 11.7% = $3.95, 9.1% priced in. IV at 59, low 45. No weeklies available, $4 – 6 move last 4 earnings. March 33/34 strangle for $4.32. With IV drop to 45, B/E 29.63 – 36.74, rough risk $1.09. Exit – Thursday, February 9 in the AM. Thursday, February 9 AKAM trading at $38.28, spread worth $4.96 (.26 + 4.70). Gain of $.64, ROI 15%.
Shaping up to be yet ANOTHER stellar week at ETNtrade...Winning!
~DanTrader 
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