Why is this bad?

Discussion in 'Options' started by TradingPilot, Nov 18, 2007.


  1. Yes...I think this trade is going quite well, but a downward move would be nice to the 130 range. PnL has increased to minus $23.15 for my position.
     
    #21     Nov 30, 2007
  2. Diamonds are down but the DJX is lagging behind.
     
    #22     Dec 3, 2007
  3. Looking good, if this keeps up for today then the PnL should be less than minus $10.00, maybe even zero by the end of the day. :)
     
    #23     Dec 3, 2007
  4. PnL minus $5.15

    This position is starting to "bear fruit".
     
    #24     Dec 3, 2007
  5. Haha next month we have to buy more then one!

    But not too many! we dont want to get owned by the markets!

    edit: I FORGOT we have not won yet lol!
     
    #25     Dec 3, 2007
  6. We are on the home stretch here 16 days to go.
     
    #26     Dec 4, 2007
  7. Still in negative PnL though, nice to see the calls drop below $1.00. If the DOW moves further down on Wednesday (Dec 05) the PnL should be positive for the first time.

    I'm thinking of liquidating when (if) this position goes green, haven't decided yet.
     
    #27     Dec 4, 2007
  8. MTE

    MTE

    What's the point of the trade then!? You were/are willing to risk the full amount yet you take a miniscule profit!?
     
    #28     Dec 5, 2007
  9. MTE

    MTE

    16 days is hardly a home stretch!
     
    #29     Dec 5, 2007
  10. why dont you wait until expiration?
    The position is still in the strike range.
     
    #30     Dec 5, 2007