Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
SPIN 1.15 up over 5% on the day
In JPM Dec 17 $30 Put @ .30
Added POT Dec 17 $45 C @ .75 (avg is .655)
Looks like we sold just in time. It's fun to be on that side of things.
It was a great score. Thanks for the alert. Was going to sell half but just decided to take a nice juicy gain and move on to the next one.
just sold mine at 1.5 from .84. Nice alert!
FSLR still up 4.6%. plenty of room to fall yet.
or second...lol
Any minute now ;)
$47.77 fills the gap.
k lets see that $48!
FSLR Here we go...let's get that breech of $49
SPIN - I posted this awhile back (got from the swingtrade board). It's been on a nice run. I'm avg'd in a .95. Big growth stock with LOTS of potential.
Current pps at 1.06 is still very cheap IMO.
I think if we can stay under $50 we will see $48 today. Unforunately, I was out all morning so missed out on the puts when it was above $50.
Joined you in FSLR $48 W P @ .84.
I let about 40% profit go on the VXX calls because I thought a decent pullback would come today. I really wanted to hold on to them but if it doesn't happen the premiums are going to start getting eaten away quickly so I took a fairly small loss and moved on.
POT was a monster today. Hope it's a two or three day move.
Looks like I got shook out of the VXX calls.
Sold VXX Dec 9 C @ .94 from 1.154 avg
Sold GOOG Dec 9 $600 P @ .40 from 70
Bought POT Dec 17 $45 C @ .57
Thanks. I've finally put together a few decent trades in a row. Hope to keep it going. Still holding VXX calls that I'm trying to decide what to do with. They expire Friday so time decay will begin setting in tomorrow.
I'm hoping so. This is intended to be a daytrade so we will see how it goes...lol
Bought GOOG Dec 9 $600 P @ .70
sold the rest of my FSLR Dec 9 41 P @ 3.20 from 1.88
sold half FSLR Dec 9 41 P @ 2.90 from 1.88
thanks FS.
You have not met my girlfriend...lol
Added VXX Dec 9 $41 C @ .99 (avg 1.154)
Sold SPY Dec 9 130 C @ .36 from .23
Sticking to your plan and patience are key. The latter especially for me as I am a gambler by nature and need lots of disipline. Minus the moronic NFLX play I would have had a great week but at the same time learned a great lesson.
Have a good weekend...cheers :)
lol I was too but those aren't bad to take a stab at once in a while with, like you said, a very small position.
I'm starting to build positions so the buys I made to day I bought 1/2 of what I'm willing to put into it. I may or may not add the other half depending on how they act but I will be able to avg up or down if I still like it.
I did that with CRM and GME and it worked out well. made more with CRM but profited on both.
I just let the NFLX puts expire as they were only worth a couple cents all day and it would have cost me more in commissions to sell.
I have done fairly well lately with holding options. CRM and GME were both money makers for me. The JPM trade I followed you on I held overnight and did really well on.
I started a FSLR Put position today, and a SPY Call position today.
Current option holding:
FSLR - Dec 9 $49 P (bought at 1.88)
SPY - Dec 9 $130 C (bought at .23)
VXX - Dec 9 $41 C (bought at 1.40)
I'm short term bullish but expect a decent pullback (because of the massive run we have had as of late) maybe Monday or Tuesday which is why I'm holding both spy and vxx.
Bought VXX Dec 9 $41 C @ $1.40
Sold SPY 125 W C @ $1.42 from $1.02
Bought FSLR Dec 09 $49 Put @ 1.88
Bought SPY 125 W C @ $1.02
If that is the reason for the run up I hope there is a report by tomorrow saying its false.
wow huge spike in NFLX. At this point makes just as much sense to hold into tomorrow since the contract are only worth a few pennies. Luckily I had other gains to offset the loss but need to quick giving away my profits.
Bought SPY Dec 9 $130 C @ .23