Alright, cash is $2965.11 about a loss of -1135. I felt like I got away with one there. There's a lot of movement this week, will probably take a position on FB and ALGN. Those are the two I'm looking forward to.
Damn me, feeling like I saved someone on the other side of the IBM trade. I thought IBM would stage a rebound at levels yesterday, but screw me. IBM is looking to drop below $176 and I think my put options would have been as high as $6.00.
I think FB is going down and Visa is going up. Just set up V Jan call spread @ $1.48 and FB put spread @ $1.17. Cost for both trades came to -1471.90.
Well, FB is at new highs. Those 4 FB jan weekly 47/51 put spread I bought at $1.45 is going to $0. On the bright side, my call trade on V nailed the reversal play with the call spread as V is up to $224 this morning. Looking to recover FB loss and more.
Used the rest of my cash to buy FB calls just minutes ago. Let's see that momentum run, and I'd like to make my money back.
Looks like FB wasn't done trading higher. Bought these 61 calls on day after earnings, and it is going to give me a net profit as I finally shake off that ugly start.
Note to self, FB post earnings is good for a profit. Sold FB FEB 14, 2014 $61 calls today at $3.95 for a gain of +1,570.02 and took off the TRIP call spread from yesterday at $4.15 for a gain of +810.06. Overall, I'm not sitting at $5,005.71 +$905.71 from my initial account of $4100. Glad to pull this through after dropping as low as +$1800 at one point.
Bought some (5) UBNT Mar 50 calls today @ $3.35. UBNT was breaking out and this should be the entry point. I also bought 4 SAVE Mar 50 calls @ $3.80 this morning. Used about -$3225 on both trades. I'm setting up for March to see if this rally stands.