Option Millionaires

[jimmybob]

Shoulda coulda woulda - not many times i stray from my trading strategy, and picked the wrong day and stock to do it on.

Bought FSLR yesterday, thought they were having a conference or something. Dont watch CNBC but saw something over the weekend. If you dont know me and Solar Stocks, then I will refresh you. I hate SOLAR and thought they would all be penny stocks back when FSLR was $80. So Monday I Saw a nice bid at the open and went in some calls figuring it may get a ramp. My gut thought she was going higher and figured 29.50 looked darn cheap with the stock in the mid 27s monday morning and plenty of time.

Last time i trade FSLR i had a nice profit that evaporated so once I saw weakness today I sold for a profit so i can focus on other plays I though were better :) Boy did i get that wrong.

So 30 x .26 + commission = $800 into over $30k . ohh well - havent missed many of these so will teach me to stick to the plan! Still a profit though :)

04/08/2013 09:35:15 Bought 30 FSLR Apr 12 2013 29.5 Call @ 0.26

04/09/2013 09:31:56 Sold 4 FSLR Apr 12 2013 29.5 Call @ 0.35
04/09/2013 09:31:56 Sold 24 FSLR Apr 12 2013 29.5 Call @ 0.35
04/09/2013 09:31:56 Sold 1 FSLR Apr 12 2013 29.5 Call @ 0.35
04/09/2013 09:31:56 Sold 1 FSLR Apr 12 2013 29.5 Call @ 0.35