I bought and sold my AMZN call option on the same day on Monday. I made a profit, although I purchased the option too early and was too impatient, missing out on a bunch of profit. I think I need to adjust some of my indicators and add more indicators to my arsenal to try to avoid mistiming my purchases and giving me a heartattack when I check later in the morning. If there are any indicators that would be helpful or would help me in doing this, please let me know.
But the next call option I am looking at is ABMD, which has had a pretty terrible year it seems. But I it has neared towards the bottom of the Bollinger Band, and the volume seems pretty good. I think that the volume on the last tick I have does not really justify the small increase in the stock, but then again, this stock has had a pretty terrible run this year, so people probably do not want this stock anyways. But it appears that there is some momentum increasing in its favor, so I will place my bets on ABMD increasing tomorrow, and probably selling on the same day, unless I see more potential upside.
But the next call option I am looking at is ABMD, which has had a pretty terrible year it seems. But I it has neared towards the bottom of the Bollinger Band, and the volume seems pretty good. I think that the volume on the last tick I have does not really justify the small increase in the stock, but then again, this stock has had a pretty terrible run this year, so people probably do not want this stock anyways. But it appears that there is some momentum increasing in its favor, so I will place my bets on ABMD increasing tomorrow, and probably selling on the same day, unless I see more potential upside.