Option trading for a newbie

Discussion in 'Journals' started by Ben74, Oct 17, 2008.

  1. Ben,

    I actually thought of picking up some.. thought pretty hard about it actually.. but just couldn't pull the trigger.. Didn't think it would work out.. but looks like the streak continues...
     
    #171     Mar 17, 2009
  2. Ben74

    Ben74

    puzzling? I thought ADBE reported some good news like a week ago? This play seems to be a given I think. Well, what I heard was this play was more like free money.

    Ben
     
    #172     Mar 17, 2009
  3. I don't really follow the stock (or any individual stock). It's that when I review the things I look at... everything looks like long puts on this one. Until this pick, I agreed with each put or call pick.

    cheers:)
     
    #173     Mar 17, 2009
  4. Ben,

    Yet another winner! Good job. When did you buy ADBE calls -- was it the day before?

    OC
     
    #174     Mar 18, 2009
  5. Ben74

    Ben74

    20 ADBE calls, I should have doubled down :D

    I sold them all at $2.85 and got a nice gain of $3,340.

    Ben
     
    #175     Mar 18, 2009
  6. Ben74

    Ben74

    No, not this one. I bought them yesterday morning. I was a bit late. I could have had them for $1.00 or under if I took the chance right at the open yesterday.
     
    #176     Mar 18, 2009
  7. Ben74

    Ben74

    Well, just did an analysis of my account again, and I'm showing a gain on my account at +35,597.25. I'm near $50,000 on my account.


    Ben
     
    #177     Mar 18, 2009
  8. Ben,

    Great job... are you looking to enter any options for any earnings tomorrow?
     
    #178     Mar 18, 2009
  9. Ben74

    Ben74

    You mean today? I see a list of NKE, ORCL, PLCE, CTAS, and FDX.
     
    #179     Mar 18, 2009
  10. wmb

    wmb

    hey in what way do u take into consideration expiration on some of these stocks and their earnings reports?
    thanks this journal is pretty interesting for what its worth.
     
    #180     Mar 18, 2009