Option trading for a newbie

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

  1. anouka

    anouka

    Hi couscous, I have worked with Core Option too and felt fine with it, it wasn’t amazing though. What I like is that I’ve been told it has faster execution, and Tradeview runs it so it is comfortable to have the account with the same broker who I have my Forex with.
     
    #51     Dec 16, 2008
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  2. Ben74

    Ben74

    Sold those 6 JOYG Dec. 22.5 calls at this morning at $3.00. My gains here are $810.10. My account is now at $15,767.40

    I'd say another nice and solid trade. Where's the guy doing credit spreads that wanted to sell me his options? I'll take it. :D
     
    #52     Dec 17, 2008
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  3. Ben74

    Ben74

    Bought 6 NKE Dec. 50 calls at $2.30 for ($1394.95)

    Bought 7 FDX Dec. 65 puts at $1.45 for ($1029.95)

    Looking to add more profits onto my tiny account.
     
    #53     Dec 17, 2008
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  4. Ben74

    Ben74

    Sold those 6 NKE calls at $2.75 and closed out 7 FDX puts at $1.60 with more gains coming in. Gains on NKE was $240.10, and gains on FDX was $75.10. Small additions, but I'm finally showing some light woooohoooo.

    Account is now at $16,082.60.
     
    #54     Dec 18, 2008
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  5. Ben74

    Ben74

    Bought 7 RIMM Dec. 40 puts at $2.03 for ($1,435.95)

    Bought 10 ACN Dec. 30 calls at $1.25 for ($1,264.95)

    I think earnings are tonight, we'll see what happens tomorrow. :D :D
     
    #55     Dec 18, 2008
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  6. Ben74

    Ben74

    I sold the 7 RIMM puts for a loss at $0.89. First loss so far. The loss was -$778.90.

    I did sell ACN for $2.75 getting a nice return there. The gain was $1470.00.

    My account is now at $16,773.70. I think I might have enough for a nice Christmas present to the wife. :D
     
    #56     Dec 19, 2008
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  7. Ben74

    Ben74

    After looking at all the possible trades, I think I'm done for the year. Nothing left to ponder. Put a nice $2,000 in my pocket over the last 3-4 months. I did lose about $2,000 before making $4,000 this past 3 weeks, so I'm up $2,000. Wish every one a Merry Christmas and a happy New Year.
     
    #57     Dec 23, 2008
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  8. Ben74

    Ben74

    Back from my mini vacation and I still have the same amount. I decided not to take anything out of this account. Let's make some profit in 09.

    Ben
     
    #58     Jan 6, 2009
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  9. Ben74

    Ben74

    Bought 10 APOL Jan. 85 calls at $1.60. APOL reported some good earnings and I could be looking at a nice return. Too bad I missed the MON trade. Oh well, can't catch them all.
     
    #59     Jan 9, 2009
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  10. Ben74

    Ben74

    :D :D :D :D :D :D Just couldn't hold the calls any longer. I sold my 10 APOL calls at $3.90 and my gain is +$2,270.00.

    My account is now at $19,043.70
     
    #60     Jan 9, 2009
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