My Options Play

VLO

well it made it to 52.55 - we still got some time this week for it to hit 53 ---- as I opined. Nice day trade off today's lows--- I did not take the trade however as I have enough VLO on the plate -

 

VLO reaching st top

 

VLO

nailed top within 2 ticks

 

As I promised, I post my gain for December. It is almost close to what I predicted. 7.9%. November gain was about 23%. I am planning for a double digit gain (about 11%) for January.

 

I bought:

10 contracts of Jan AET 95 Put @$2.75
70 contracts of Jan AET 95 Put @ $2.80
Option's symbol - .AAFMS

I will re-evaluate the position if stock trends back to 94.00.

Will update!

 

I got stopped out at 2.15.

- $5,200

I will post new trades tomorrow.

 

Multioption, just wondering why would you want to cut loss in the AET put trade? AET could not close green despite huge market rally today, what makes you think it is not going down in the near future?

Look forward to see your other trades!

 

Some people actually abide by their stop lost regardless of which planet they close on

 

I bought 35 contracts of .OAQAL

APOL JAN 60 Call

Premium: $2.15

I will re-evaluate position if/when stock drops to 60

Will update!

Edit: I bought 35 contracts!

 

GL Multioption

take a look at PD (phelps dodge) for a put entry !