Friday Options Lottery

Discussion in 'Journals' started by small_timer, Aug 2, 2013.

  1. Rules: Option must expire the same day of entry (Fri or eom futures options). Long Only.
    Entry/Exit must be posted ASAP within 1 minute of fill
    If it's a simulated trade, sim must be placed after entry price otherwise at least 1 contract must be purchased.
    Goal is for at least a double.

    Anyone can post trades, comment on trades.

    example... I bought an AAPL 460 call today (after watching price action) @ .55, but had no guts to hold. Went to 2.50 I think.
     
  2. bot 85 ES puts @ .10 10 min left
     
  3. no luck expired -.10
     
  4. Will be watching ES 1660C and AAPL 500C tomorrow. If we can get a gap down towards 1650 in ES early (before 10:30am est) think we can get a 10-15 pt bounce. Would like to pick up calls under $1 on both unless a major catalyst shows itself.
     
  5. long AAPL 505Calls @ .58
    long ES 1660Calls @ 1.40
     
  6. like strength in ES let 1660C exercise current bid 61.50
    letting AAPL 505C expire - .58

    bad entries on both
     
  7. sold ES at current bid 1666.50 +5
     
  8. Tough game you're playing...I've tried to do this myself occasionally but without much net success. Subscribed, and good luck!
     
  9. 'Friday Options Lottery'

    he already knows the odds are against him...
     
  10. Long ES 1635/40 Call Spread @ .75 Before Kerry
     
    #10     Aug 30, 2013