I'm buying calls

Discussion in 'Journals' started by stock_trad3r, Jan 21, 2009.


  1. I can't say I'm as confident about your trade as you are. I think "paying up" for a 3 month window would have been worth the extra dough. Don't you only have 2 weeks left? I'm pretty sure they'll expire...
     
    #41     Jan 26, 2009
  2. break even now, so far so good
     
    #42     Jan 26, 2009
  3. Futures surging. The spy will probably open 1% higher

    Dow 8,097.00 60.00 0.75
    S&P 500 837.60 6.80 0.82
    NASDAQ 100 1,187.50 8.00 0.68

    I expect to the strike prices to be met this week or next and I'll exit the posions with huge profit.
     
    #43     Jan 26, 2009
  4. If the strike price is met at expiry you still lost the premium. You need SPY to close on Feb 20th above 87.xx on the 85s in order to at least break even.

    Good luck.
     
    #44     Jan 26, 2009
  5. I don't think I've been more confident about a trade. The sp00z will retest 900 within the next two weeks or at latest Feb 14 so that gives me another week of wiggle room.
     
    #45     Jan 26, 2009
  6. dinoman

    dinoman

    Do you want to bet on that presumption?
     
    #46     Jan 26, 2009
  7. That's why I bought the calls :) Cuz I am dead certain about this.

    Futures suring even more...3 more points aded to the sp00z

    Dow 8,123.00 86.00 1.07
    S&P 500 840.10 9.30 1.12
    NASDAQ 100 1,190.25 10.75 0.91

    no stopping the upside now. We formed a 1 week base on the spooz at 809-830, now comes the breakout to 900.
     
    #47     Jan 26, 2009
  8. Dude...you are broke....
    Even if the Spoo goes to 1000 in the next few months, it doesn't matter...
    Anyone long, as long as you, is destroyed...especially you...
    nothing you say is of any consequence...
     
    #48     Jan 26, 2009
  9. "I've been more confident about a trade" = famous last words.
     
    #49     Jan 26, 2009
  10. Baahahha...
    Stock was saying buy from Dow 14,000
    and also Dow 13,000 (great support)
    and Dow 12,000 (great support)
    and Dow 11,000 (great support)
    and Dow 10,000 (great support)
    and Dow 9,000 (great support)
    and now Dow 8,000 (great support)

    Only 6,000 pts and stock_jerkoff is back to even...

    HAHAHAHAHAHA
     
    #50     Jan 26, 2009