or below if it's a put... but i always thought it was .75 in the money. i certainly wouldn't wanna excercise unless i've hedged it by selling...
mini-update 8/31/2005: Closed the call position SPY SPY Oct 122 calls spyjr - closed at 1.85 profit of $50 on 10 calls and profit of $100...
mini-update 8/31/2005: Closed the call-position on the KBH KBH Oct 75 calls - closed @ 3.30/each. profit of $1725. Peace.
Ok, cool. i thought he said he was already long (and i assumed profitable position) but that he didn't believe in stop-loss order. i guess...
the confusion that i have is that you said that you're already long and profitable at 1.2200. then you wish to protect it by buying a put at...
why not just buy a call at 1.2200?
mini-update 8/30/2005: Put a call-position on KBH KBH Oct 75 calls - risk-capital of $3225. contrarian-play on the housing-crash news of...
mini-update 8/30/2005: cut the SPY position by 10 calls... SPY Oct 22 calls - loss of $250 from the last position that was added. two other...
Good Luck in your position, Chagi. You've been doing very well with your picks and analysis... I hope it continues (forever :) ). i'm not...
I'm very glad to hear it worked out for you. Just keep at it and you will keep money from this game... If you can, just try to pick your spot...
mini-update 8/29/2005: Added another 10 calls to the SPY position... Tripled-up the original position. SPY Oct 22 calls - recent addition @...
mini-update 8/29/2005: Doubled the SPY call-position... SPY Oct 22 calls - recent addition at 1.75/each Good market-reaction to the...
Thanks, Steve. I'm gonna look for that book by Marty O'Connell. I also have the .pdf of Charles Cottle's "Woulda, Coulda, Shoulda"... Very hard...
Greetings: Sorry to post this in here. It's just that almost everyone in here is familiar with the book by McMillan and Natenberg on Options......
what i meant by this is that it boosts your confidence-level... we need that or we'll keep on 2nd-guessing every decision. last week was a bad...
Thanks, Rob. i'm not a full-time trader, but i do work for a semi-govt outfit and our work-environment is pretty lax. as long as we make...
update for the week ending 8/26/2005: gain of about $1000 for the week. current positions mark-to-market: DWA Dec 30 - comatose...
mini-update 8/26/05: Opened a call-position on the SPY SPY Oct 122 calls (spyjr) - risk capital $1800
mini-update 8/26/2005: closed the VPHM Feb 17.5 call-position gain of $1500
mini-update 8/26/2005: closed the NTES Dec 75 call-position Loss of $450
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