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Re: None

Monday, 01/23/2012 8:39:24 PM

Monday, January 23, 2012 8:39:24 PM

Post# of 364286
Please help with Options Picking...

I have been paper trading options for a week now and every single one has lost money. I bought the following:

goog - 600c for march ----keeps going down (i know why with this one...should have got a put,not a call)??

bpax - 1.00c for march ---was hoping that feb 14th fda approval would make it go up...maybe i bought in too early

aa - 11.00c for february - stock is going up, but option is going down?????

zagg - 16.00c for may - stock is going up, but option is going down??

rimm - 15.00p for march - bought and went up for about an hour and then came back down??

what am i doing wrong here....what is the best way to know when and at what strike to buy an option? any help would be greatly appreciated..just trying to figure out what i am doing wrong.

Thanks...

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