My option trades

Discussion in 'Options' started by ryanpatrick, Nov 21, 2011.

  1. IVtrader

    IVtrader

    a winning attitude is less important than actual trading competence- you can have a winning attitude but if you have no real trading skills it wont help you
     
    #11     Dec 1, 2011
  2. daveyc

    daveyc

    try to consider paper trading before you lose all of your account even if it is just gambling money. this is painful to watch and difficult to read your trades.
     
    #12     Dec 1, 2011
  3. can you tell me in 2 sentences or less why you bought calls on TIF at that time and that strike?

    is this real money?

    you would have been better of buying (1) AMZN 190c or 195c earlier this week
     
    #13     Dec 1, 2011
  4. newwurldmn

    newwurldmn

    This is really funny.
     
    #14     Dec 1, 2011
  5. 76132

    76132

    If your odds are 50/50 and you have the money, you should just double up until you win big.
     
    #15     Dec 1, 2011
  6. fumduck

    fumduck

    Hopes, High or straight won't help with your target.

    You need to educate and paper trade until you're Charlie Sheen
     
    #16     Dec 4, 2011
  7. Well, sold out of ULTA and everything else except for NUAN calls. Just added BBY Dec 28 put at $1.27, account is showing $2,097.85. My loss is only ($652.15) although I was considering my account to be in the $3000 by now. I still have 3 weeks left, so I'll see if I can hit that mark of $4000.
     
    #17     Dec 12, 2011
  8. IVtrader

    IVtrader

    if you paid 1.27 for Dec 28 put (with a B /A of 1.10/1.14 EOD)_ the day before an earnings release, then you way overpaid on IV spiking the day before the release. and those options expire in 4 days. if you by chance sold them, then you better hope for your sake that BBY has some really good earnings tomorrow and that it really MOVES UP. you also are facing minimum $.13 in theta decay a day

    good luck
     
    #18     Dec 12, 2011
  9. You mean I'm hoping BBY moves down right? I'm about to sell it right now as I type....the options are showing a gain of $1100. Wow, one freaking trade and I'm at $3500. Unbelievable, just what I thought after reading through so many option books and reading so many folks' option strategies and trades in here. I'm feeling it now. $500 left and I've reached that $4000 mark.
     
    #19     Dec 13, 2011
  10. I was just reviewing and so far I closed out 6 option trades already for a net gain of $601.73, all thanks to the $1,145.78 gain from the BBY trade I just made. It seems I'm getting paid while I gain experience from option trading. I still have the open NUAN trade, and with that unrealized gain, my account is showing $3,516.72.
     
    #20     Dec 13, 2011