The Piker Trading Journal, Gains-Losses.

Discussion in 'Journals' started by JesseJamesFinn1, May 28, 2020.

  1. Played IMRN, bought from $9.5-$10.50, sold 10.7-11.90 tried to get $13 but I was too slow to catch it. The Apple Calls in my Piker Account did well, bought at $2.80 sold at $4.85 $335, got to need to sell DGLY Again. Will post my buy prices on IMRN later. DGLY got halted, ARG!

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    #51     Jun 9, 2020
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    #52     Jun 9, 2020
  3. Sold all my AAPL $335-$340 Calls, road Apple up from $332 to $340, sold the Calls for $4.70. I have five cash accounts and one margin account with this broker. My son will be pissed his Calls did not get $8 instead of $4.85 on the $335.00. Yesterday I put in my GTC order because Apple's strength was insane but I failed to follow through on it.

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    #53     Jun 9, 2020
    Gaslight Capital likes this.
  4. Deleted my PL after reading a trader's wise post about oversharing, maybe that's the best idea because there's really no reason to do it.
     
    #54     Jun 11, 2020
  5. After speaking to a friend, I decided to post the PL from the account that was $3600 on April 20 something. This gain absorbed a loss of $3000 from a stupid trade, most was the biotech I wrote about on the stock thread. Daily gain from Piker's IBKR was $5300.00

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    #55     Jun 12, 2020
  6. I bought $1400 worth of Apple $337.50 Calls at $1.7-$2.00. Just sold them now, here's the PL. A modest loss was absorbed by them, I read about a technique someone used buying short dated Calls with different price points. You only use $200-$1000 depending on how big your account is.

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    #56     Jun 12, 2020
    Gaslight Capital likes this.
  7. I've been working on a similar technique using SPX options but not limited to calls only. Usually getting at or near the money and keeping the cost to $2000 per contract or less. How close to at the money depends on just how "short dated" the options are.
     
    #57     Jun 12, 2020
    JesseJamesFinn1 likes this.
  8. Last month I bought some cheap options on a razor thin stock, they were $.20(7 trading days left) and the stock was(let's say for arguments sake) $140. I bought the $150s and sold the Calls after the stock hit $170.00. A few hundred bucks turned into nice gain.
     
    #58     Jun 12, 2020
    Gaslight Capital likes this.
  9. Did you short anything yesterday? I bought some NVDA LEAPs near the Close did you find anything you like?
     
    #59     Jun 12, 2020
  10. I bought SPX calls when price got to the 50% retracement of rally from the the May 14th low. I bought them at 7.xx and sold them soon after the open at for an average of $20.xx But I didn't do anything with single names. I do regret not having bought more of those calls.
     
    #60     Jun 12, 2020
    JesseJamesFinn1 likes this.