sold another 10 lot of 17c for .15. Going into earning long 300, up a point short 500. ET didn't post this message on time but the stock looks unchanged at this point post earnings.
Wow I thought I understood options but this is just confusing me. Out of curiousity, what kind of returns has this gotten you since Feb? I mean just the trades you have posted here.
Enjoying your journal Trajan ... I often trade calls / puts on IP, WY and even have tried GP. On my day job of 21 years I work for IP ... biggest paper company - good outfit - fairly predictable. WY our biggest competitor ... considerable more volatility ... higher priced stock just now ... works for me. I like to stay with options on higher priced stocks usually, but high volume is always a plus. I paticularly like the way you seem to focus almost entirely on a single item to trade. It makes trading easier and simpler, for me anyways. I've never been able to trade just one thing exclusively, but I think it's wise. Thanks for sharing