Final Result [of a perfect trade] ----------- UPRO closed at 89.04 on Friday 21st Dec Was assigned and thus gave stock to buyer of call....
If you say so...
No, it's never easy, that's for sure. But you have to agree that buying a 3X sp500 ETF in December is not the worst of trade probabilities. Nor...
The covered call part of the trade resolves in the next 10 days, we shall see...
I said a coffee or a beer...that's all this trade gives; it's only one contract. Are there $5 "gift cards" ? If there are and if by options...
After considering the advice received I have finally sold a very near term covered call that I calculated still gives a decent ROI plus lowers the...
Thanks you both. O should have clarified that I already have the shares, and that I definitively did not buy them because of the covered call...
Thanks, you are right in that the stock going much lower is a bad deal. When I said too good to be true I meant the return percentage should the...
Please, I appreciate any opinions on the following potential trade: I bought 100 stock UPRO for 87.04 per share. What do you think of the...
These are two PAPER trades I opened yesterday and today just to do some testing buying deep ITM CALLS which have: DELTA practically = 1...
The for dummies explanation of why Gold and Silver is......: To ask yourself the Right Question :p http://www.youtube.com/watch?v=z9MVNinXuxk
Quote from Cereal: My new metals related positions opened today: (that was August 23rd 2012) SLW OCT12 Vertical spread Sold 1 Put of $34...
The first thing I recently learned is that my broker by default will exercise all my options that are 0.1 ITM at expiry (even if I would have...
SLW still open (expiry is in OCT12). GDXJ Buttefly: I closed the position receiving $10 credit minus comms. Result for the trade negative:...
Closed this position today for 0.6 debit (paid $6 plus comms) Result after commissions + $35.90 Not as good results with the GDXJ butterfly...
Silver is nice but never forget that when it goes down it goes down hard, if not look at the charts for the last 1.5/2 years...I know, I was there.
Those calls must be quite expensive.
This clarifies greatly the Gold and Silver market: The Top 3 Rules to Understand About Gold & Silver Price Behavior...
My new metals related positions opened today: SLW OCT12 Vertical spread Sold 1 Put of $34 for 1.96 Bought 1 Put of $32 for 1.13 Gross...
No bailout plan in this one. It's a win or lose proposition. Hoping to hold as long as possible to expiry. If position winning say 80% of maximum...
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