Replies to post #63973 on Option Millionaires

[KillerSquid]

12/20/2011 >>>>>>>

QQQ_122311P55......Looking to scale in
QQQ_122311P54......Looking to scale in

SINA_012112P30....8.. @ $0.20... Last $0.15........ - 25%

XOP....Jan....$33....Puts...............VERTICAL SPREAD
DLTR...Jan....$67.5..Puts...............BUTTERFLY SPREAD
SBUX...Jan....$36....Puts...............VERTICAL SPREAD
ILMN...Jan....$38, $39....Calls.........VERTICAL SPREAD
BIDU...Jan....$82, $83, $84...Puts......VERTICAL SPREAD
FFIV...Jan....$135...Calls..............BUTTERFLY SPREAD

Note to all: I check the charts, etc etc. Then check volumes, open int, etc. Finaly I pick a strike under the strikes that I scanned.

Example: XOP if everything goes as planned, will be looking for a strike close to $45, that is close to the 200MA on the weekly. So I will watch closely for the next 2 weeks.

CRITISSISIM IS WELCOMED! THANK YOU

Closed

12/19/2011
QQQ_122311C56.....5.. @ $0.26... Last $0.15........ - 42% closed
12/16/2011

QQQ_122311P55.....5.. @ $0.45... Last $0.69........ + 53.3%

12/15/2011
QQQ_121711C55.....5.. @ $0.10... Last $0.19........ + 90.0%
QQQ_121711P54.....5.. @ $0.21... Last $0.26........ + 23.8%
SLV_121711C29.....9.. @ $0.32... Last $0.20.........- 37.0%

12/14/2011
GMCR_121711P43...2.. @ $0.60... Last $1.20.........+ 100.0%
Sold it to them...taken that green stuff strait to the bank

12/13/2011
GOOG_121711P615...2.. @ $0.90... Last $2.20.........+ 144.4%
NFLX_121711P70....4.. @ $0.55... Last $1.35........ + 145.5%
VIX_122111C30.....8.. @ $0.60... Last $0.67........ + 66.7%
QQQ_121711C57.....4.. @ $0.39... Last $0.35........ - 10.9%

12/09/2011
ANF_121711P45.....6.. @ $0.27... Last $0.27........ + 0.0%
12/07/2011
QQQ_120911C57.....4.. @ $0.37... Last $0.59........ + 59.5%
JPM_121711C35.....7.. @ $0.36... Last $0.63........ + 75.0%

12/06/2011
DNDN_121711C10 ..25.. @ $0.10... Last $0.06........ - 40.0%

12/5/2011
QQQ_121711C59.... 8.. @ $0.15... Last $0.25........ + 146.0%

12/01/2011
CAT_120211P95.... 5.. @ $0.56... Last $0.40........ - 29.0%

NOVEMBER 2011 RECAP:
TOTAL TRADES:........................38...100%
TOTAL WINNING TRADES:................30... 79%
TOTAL LOSING TRADES:................. 8... 21%
AVERAGE PROFITS PER TRADE:................ 74.5%