Contrarian/ Buying the lows

Discussion in 'Journals' started by arturo100, Jun 3, 2019.

  1. - BOUGHT 1 NUS (-15%) Aug16'19 40 CALL @ 2
    - BOUGHT 4 CSX Jul19'19 72 (-9%) CALL @ 0.55
     
    #101     Jul 17, 2019
  2. This week things didn't work out and I lost most of the gains of the previous week. Now I am up 3.3% .
     
    #102     Jul 20, 2019
  3. On Friday
    - BOUGHT 1 BA (+4.5%) Jul26'19 365 PUT @ 2.5

    Earnings on wed after the bell
     
    #103     Jul 20, 2019
  4. -BOUGHT 5 HAL (+7.5%) Jul26'19 23 PUT @ 0.34
     
    #104     Jul 22, 2019
  5. -SOLD 1 PII Aug16'19 85 CALL @ 6.3: +70%

    Also:
    -BOUGHT 2 SHW (+7.2%)Jul26'19 477.5 PUT @ 1.75
    -BOUGHT 1 NXST (-3.1%) Aug16'19 100 CALL @ 3.6
    -BOUGHT 5 HAL Jul26'19 23.5 PUT @ 0.27
     
    #105     Jul 23, 2019
  6. -BOUGHT 1 FLIR (-5.1%) Aug16'19 50 CALL @ 2.4
    -BOUGHT 3 DISH (-3.8%) Jul26'19 43 CALL @ 0.6
    -BOUGHT 2 CAT (-4.3%) Jul26'19 133 CALL @ 0.88
     
    #106     Jul 24, 2019
  7. BA contrarian worked quite well. I made also other transactions:
    -SOLD 5 HAL Jul26'19 23 PUT @ 0.15: -50%
    -SOLD 1 TSLA Jul26'19 230 CALL @ 2.26: +50%
    -SOLD 5 HAL Jul26'19 23.5 PUT @ 0.44: +57%
    -SOLD 2 CAT Jul26'19 133 CALL @ 1.97: +124%
    -SOLD 1 BA Jul26'19 365 PUT @ 15.9: +540%

    -BOUGHT 1 TSLA (-14%) Jul26'19 230 CALL @ 1.55
    -BOUGHT 1 PYPL (-5.2%) Aug16'19 116 CALL @ 2.2
    -BOUGHT 1 BPMC (-3.4%) Aug16'19 105 CALL @ 3.4
     
    #107     Jul 25, 2019
  8. Quite a busy day. I closed some almost worthless positions expiring today. I also closed the DVA CALL on downgrade by an analyst. I entered heavily into MHK today drop. Tomorrow, I'll post the usual weekly update.

    -BOUGHT 1 MHK (-14%) Aug16'19 135 CALL @ 3.55
    -BOUGHT 1 MHK (-18%) Aug16'19 130 CALL @ 3

    -SOLD 1 DVA Aug16'19 52.5 CALL @ 6.9: +146%
    -SOLD 1 EA Jul26'19 90 PUT @ 0.55: -75%
    -SOLD 3 DISH Jul26'19 43 CALL @ 0.08: -90%
     
    Last edited: Jul 26, 2019
    #108     Jul 26, 2019
  9. This week contrarian play worked great. Now I am up 26.7%. Destriero, whose last report was +16%, is eating my dust again!

    Snap 2019-07-27 at 10.20.15.png
     
    Last edited: Jul 27, 2019
    #109     Jul 27, 2019
  10. destriero

    destriero


    Congrats on your $5K net liq.

    1) I was up 16% for the month. Your "results" reflect over two months in the market.

    2) I earned 5x risk.

    3) Mine are legit production accounts. Not sim.

    4) I've >doubled my net liq from September 2018 to date.

    5) You have no blotter/statements proving anything you've posted. It may be sim or simply fantasy.
     
    #110     Jul 27, 2019