No, actually at the time of screenshot, I had zero contract remained. All sold to get that 3750 USD profit. So number zero = remaining contract. I usually don't leave contracts to next day unless very sure....The last one May 22, 210 C is the one I left 1 contract remaining into next week (small swing). You interpreted everything correctly. Option trading is very risky and you have to know what you're doing. I lost my ass many years (total around 150K throwing away gambling attitude) before seeing the light the end of the tunnel. My biggest win was 260K in one single Amazon call SWING (Principle was around 20K). My biggest loss was 90K on a tesla swing. When you trade...the market is fake, but the money is real. At times, you wonder wtf did I just do or how/why I did that...crazy market . My main trading tickers are: AMZN, NFLX, AAPL, AMD, TSLA, SHOP.... Day in, day out.... I know I've been trolling around here, but when it comes to real trading, I am super laser focused and never kidding around . It is my business, only income source to support my family and kids.
When did you bought those contract: 24 APR 20 160 C 100? And you close it at the same day? Did it cost you $627 and you ended up making $3750?
That is more than a 100% gain in 20m. If the guy has reliable signals and different charting systems to cover the unpredictable scenario, he can just bag the trade without much risk.
Nope totally false statement here. I don't risk 3K to make 3.7K. I trade on technical level. Say I was in BA at 150 based on the signal and pattern price action.... And I went long.. If BA came down to 148..i must have got out with probably 500 bucks loss..I am not gonna be stupid sitting there and watch my entire 3K go to 0. That is rookie behavior. . Because this was option. Very fast... My stop loss is based on technical level. So I actually risk 500. My first target is 153...which it hit and showed strong reversal. Can BA go to 160? Sure.. But since I don't wanna risk holding too long.. It hit my target.... Why the f did I have to stay around and be greedy. Take the money and run. Live on another day. Again I can't show everything on here... And don't need to.
I do this day in and day out... Do I have losses? Fuck yeah.... Everyday... But my gains are way bigger. One of my biggest gain last two week was tesla...
So you only trade options instead of stonks? How far in advance do you usually buy the options? A week, few weeks, a month etc.?
Only options..... I buy same week if I daytrade... If swinging.. I go 3 weeks to months. I rarely swing.