I'm not disclosing the volume of calls I sold, but here is an example of how the trade went using accurate prices => Oct 1200 Calls sold 1000 @ 1 1/4 to collect 125K approx Bought 300 @ 1 1/4 or $37,500 Bought 350 @ 1 3/4 or $61,250 last 350 went out worthless collected $26,250 approx minus commission
Huge amounts of economic data tomorrow: Oct 15 8:30 AM CPI Sep - 0.1% 0.2% 0.3% - Oct 15 8:30 AM Core CPI Sep - 0.1% 0.1% 0.0% - Oct 15 8:30 AM Retail Sales Sep - 0.2% 0.4% 0.4% - Oct 15 8:30 AM Retail Sales ex-auto Sep - 0.1% 0.4% 0.6% - Oct 15 8:30 AM NY Fed - Empire Manufacturing Survey Oct - 3.0 5.75 4.10 - Oct 15 9:55 AM Mich Sentiment Oct - 67.0 68.5 68.2 - Oct 15 10:00 AM Business Inventories Aug - 0.4% 0.5% 1.0% - Oct 15 2:00 PM Treasury Budget Sep - -$32.0B -$33.5B -$46.6B -
I bought 4 december 135 euro calls for $500. They quadrupled in value to $2000 before I sold them. I made 400%. You made 1%. Obviously you are a better trader then me because you had the market go 20% against you on a leveraged position and you still made money. I guess you can't ever lose a trade, you're a billionaire? I'm sorry but this whole thread is a joke.
I see you are somewhat illiterate too. Who on earth goes around trying to correct people's posts on a site this and GET'S IT WRONG !!! Horse better is a valid variant of horse bettor; not that it matters I can just as easily mistype something as misspell it; but thank god you are around to make incorrect corrections for us all to read. Look buddy, the whole thread is a joke you obviously have no clue what you are talking about. You don't understand the risks of your trades and your persistance hasn't made you look any brighter. Honestly let's get back to square one : That's you and your incredible insight at work. Overextended at 1104. Downside to 1000 by end of this month. Then you post at almost every new level saying we can't possibly go higher. There is that persistance again you can't admit you are wrong and drop the idea can you ? As one other poster said you are the best fade on ET. So I guess you have a history of this I'm only familiar with your latest work you couldn't have called things more wrong.
I did not make 1%. You're making up bs. The market did not go 20% against me. You're making up bs. you are bs.
No, it went from 1104 to 1175 instead of the 1000 you predicted. So you "only" missed by 17% on a market index. Given that this is the theme of the thread, your horrible call, they should close it.