Vlispxpert's Underground

[vlispxpert]

ok, I'll explain it:

I bought 420-423 calls, 20 of each

Bought 20 options & paid .40 for the 423's for example...I sold 50% (10 ops) at $4.59, then later sold 25% (5 ops) at $5.30...today I sold the last 25% (5 ops) at $8.00...

Each option controls 100 shares

So 423 calls 20 bought x100 controlled x 0.40 cost me=$800
10 ops sell =$2789 (10x100x2.78)
5 ops sell= $2650 (5x100x5.30)
5 ops sell=$4,000 (5x100x8.00)
Total profit on the 423 QQQ calls alone=$9439
Long story short, my $800 for 423 calls sold for $9439 ($8,639 profit)

I had 20 of each 420, 421, 422 & 423...I didn't price the 421-422 publicly...I just did a thru 423...since I only posted thru 423, I'll do the math on the 420s here:

So 420 calls 20 bought x100 controlled x 1.40 cost me=$22800
10 ops sell =$4590 (10x100x4.59)
5 ops sell= $3700 (5x100x7.40)
5 ops sell=$5375 (5x100x10.75)
Total profit on the 423 QQQ calls alone=$11,690
Long story short, my $2800 for 420 calls sold for $13,665 ($10,865 profit)

same math for the 421 & 422's total profits around $38k on $7500 investment in 2 days...now you know why I was excited...

but crazy part is if I had held instead of selling 50%, 25% & 25% on the way up...I'd be up closer to $100k profit today...but I have learned take profits on ops...I 100% nailed my prediction for market & wish I'd held, but can't complain about these profits:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174299399

Read that post & time I posted it (wed night), a dead on PERFECT market call!

I did notice I flip flopped the prices of the ops on my posts yesterday...just change out & price is correct, just priced to the wrong ops...my bad, I was just so excited lol