Conservative Options Trades

Discussion in 'Journals' started by danshirley, Aug 21, 2011.

  1. Safe triip danny
     
    #301     Aug 9, 2012

  2. :confused:
     
    #302     Aug 9, 2012
  3. just to let you know there danny boy... if you don't wanna read all my posts to figure out the trade i ended up making at your request.. haha not really but .. this is what i did ...

    +BOT 1 AAPL AUG 17 '12 + 600 + 635 - 615 - 620 Call Combo 6.61 USD SMART 11:48:09 OptTrader 2.80 null

    + SLD 1 AAPL AUG 17 '12 + 600 + 635 - 615 - 620 Call Combo 7.00 USD SMART 14:28:24 2.81 null


    so .. that was a Wide topped butterfly.. or in another works.. Call condor.. however you wanna put it...

    i bought it for 6.61
    sold it for 7.00
    .39 cents or 39 bucks

    thats 5.9 percent in 3 in a half hours..

    considering i have left thousands of dollars out for days to weeks to make that kind of percentage return.. i'd say i'm happy with it.
     
    #303     Aug 9, 2012
  4. <<< thats 5.9 percent in 3 in a half hours..
    considering i have left thousands of dollars out for days to weeks to make that kind of percentage return.. i'd say i'm happy with it. >>>

    isn't that about a 2,400% annualized return?
    How will you ever be able to return to your old style of trading???
    YUCK!
    :D
     
    #304     Aug 9, 2012
  5. Here is an AAPL chart.

    [​IMG]
     
    #305     Aug 9, 2012

  6. Yuck is right. Hey Put_Master how did you come with your ET handle? :cool:
     
    #306     Aug 9, 2012
  7. i love how you like to poke fun at peoples handles... DIAoptions cause yours make so much sense.. but much affection either way BUDDY.. haha..
     
    #307     Aug 9, 2012
  8. why did you post that Apple chart? you see it asymmetrical triangulating in the last couple of days? probably gonna bounce real good soon.. or not.. who knows... i just figured this wiring into a strike deal would give me enough time to make some money on a butterfly... granted guys.. this isn't a high dollar trade.. i literally traded one combo on this..
     
    #308     Aug 9, 2012
  9. what was my old style of trading Putty man? i haven't been the cracked out super spreader like you warn people about all the time in a while! I got help for my disease of super spreading.. and now i'm on the road to recovery.. haha
     
    #309     Aug 9, 2012
  10. GOOG stats - looking good for some OTM call spreads.

    [​IMG]
     
    #310     Aug 9, 2012