My Degenerate Option and Stock Play

Discussion in 'Journals' started by TrailerParkTed, Jan 25, 2024.

  1. I bought some IBM LEAPs $190-$195. Sold my strikes in the $160-$170(Rolling up). Stock was $191.9-92, they usually hit those round numbers like $200.
     
    #11     Jan 25, 2024
  2. I did this trade at the doctor’s office yesterday, the inner gambler. The broker’s interface is 1995 tech.

    $6.6 entry.



    NFLX Call 01/26/24 $550.00 - CALL NFLX 01/26/24 550 NETFLIX INC EXP 01/26/24


    Account
    Self-Directed (...9)
    Quantity
    5
    Cost basis
    3,428.38
    Proceeds
    5,126.56
    Short-term realized gain/loss
    Gain of 1,698.18+1,698.18
    Long-term realized gain/loss
    0.000.00
    FX realized gain/loss
    Not Applicable--
    Ordinary income gain
    Not Applicable--
    Total realized gain/loss
    Gain of 1,698.18+1,698.18
     
    #12     Jan 25, 2024
  3. AXP $195 0DTE $.94-$2, out most $3.50- $5.
     
    #13     Jan 26, 2024
  4. $8 high, I sold the rest before $8 to chase CRBP. Halted now.
     
    #14     Jan 26, 2024
  5. Still stuck in CRBP.


    I bought 80 MARA $18, x $1.05 ave.



    Sold most at $1.30-$1.35.




    MARA CALL 02/02/2024 $18.00

    Account

    Self-Directed

    Action

    Sell to close

    Order type

    Limit $1.35

    Quantity

    XX

    Filled

    XX

    Time in force

    Day

    Status

    Fully executed

    Order number

    K

    Order time/date

    11:55 AM ET 01/26/2024
     
    #15     Jan 26, 2024
  6. Target for CRBP $43. Selling in $40s.
     
    #16     Jan 26, 2024
  7. I can’t ignore the QQQ selling off, taking some at $38 to lock in a 40% gain. The Market must be obeyed.
     
    #17     Jan 26, 2024
  8. Bitcoin miners appear to be waking up after the pull back. I will closely watch MARA, RIOT, HUT, CLSK along with COIN.


    Usually I am agnostic about everything, hot stocks don’t hide themselves.
     
    #18     Jan 29, 2024
  9. 60 SOFI at $.46, out $.6-.63.


    .62 was my highest.
     
    #19     Jan 29, 2024
  10. 25 coin $135 calls, ave $3 out $4.9 ave, high $5
     
    #20     Jan 29, 2024