atticus' "ship it" vol trading journal

i'm outright in some penny puts for the close.. 690's

+ BOT 3 AAPL SEP 14 '12 690 Put Option .180 USD PSE 15:11:54 OptTrader 1.14 null

 

haha, awesome.

 

Here we go

 

SLD 3 AAPL SEP 14 '12 690 Put Option 0.45 USD CBOE 15:26:43 OptTrader 2.28 null


in at .18 out at .45 can't hate that

 

Nice trade, they're already back to .18

 

i should have turned right around on them at .45 .50 and sold them.. i did that one time... but the kind of home run you can hit into opex is crazy.. turning aroound and selling a credit spread out of those same options i seem my doom in those.. even though i've done it..

 

look at the action on this shit

<a target='_blank' title='ImageShack - Image And Video Hosting' href='http://imageshack.us/photo/my-images/855/aaplweekly690put.png/'><img src='http://imageshack.us/a/img855/2551/aaplweekly690put.png' border='0'/></a><br>Uploaded with <a target='_blank' href='http://imageshack.us'>ImageShack.us</a>

 

actually a calm day for aapl

 

i know.. imagine one of those 17 20 dollar run days on opex.. you can be so stupid and kill it..

 

those 690's are done.... those are expiring at 0 with the quickness.. should have would have could have on selling them.. i like making the money buying options at expiration.... to much to lose to quick with selling them..