In beginning of March, I have opened a virtual trading account on CBOE. The following shows some of the past trades and will explain the reason and tools I have used to conduct these trades.
For the past two weeks, I have gained profit by investing in 3D Systems (DDD), Adobe (ADBE), Alliance Data System (ADS). When i first started, I had no idea which companies I should pick to invest in. I knew I did not want to trade the popular companies like Apple or Google, so i proceed with searching for the companies' earnings release schedule. I started with US companies that will have earnings release scheduled within 2-4 weeks. I have selected some familiar companies and conduct some research on those companies, including checking their yearly graphs, EPS, and P/S. I have also used graphs and indicators to track its daily movement to monitor my positions. Of course I have also made some wrong decisions (such as Royal Gold & BlackBerry), either I have bought the options in the opposite direction or the maturity date is too close.