|
|
06-01-2017, 03:17 PM
|
#31
|
tmrpots
Join Date: Jun 2008
Posts: 2,285
|
Added one trade today. Going to be more selective. Way too many positions on.
Did two day trades for a small scalp and closed out my partial hedge on DG.
DG and BOX both went against me, so if there is no rebound by June 16th I'll suffer the full loss on both of them.
22 winning positions
34 losing positions
|
|
|
06-02-2017, 10:57 AM
|
#32
|
Veteran
Join Date: Feb 2013
Location: Washoe County, Nevada
Posts: 2,253
|
Sold a covered call on a portion of my AAPL holdings.
160.00 7/21 $1.52
It's a decent premium in this market and if it's called away will be almost a 70% gain on the purchase price.
|
|
|
06-02-2017, 11:31 AM
|
#33
|
Registered User
Join Date: May 2010
Posts: 5,005
|
I like the above Apple move, selling the covered call.
barn32, I don't know you and I mean no offense, but I gotta think you're "action happy." Remember, bulls and bears can make a profit on Wall Street, but not so much pigs. You're gonna get killed with commissions and price shavings, no?
Worked with a guy at the track in the late 70's who thought he could beat the game with options; he went bust.
I have only one position, long in an instructional software company - I've got a double in it from a 15 months ago purchase. "Buy and hold."
|
|
|
06-02-2017, 02:22 PM
|
#34
|
tmrpots
Join Date: Jun 2008
Posts: 2,285
|
06/02/17, shop, b, 2, jul, 21, 100, c, $6.10, ($0.01), $1,219.99
|
|
|
06-02-2017, 02:26 PM
|
#35
|
tmrpots
Join Date: Jun 2008
Posts: 2,285
|
Quote:
Originally Posted by Ocala Mike
barn32, I don't know you and I mean no offense, but I gotta think you're "action happy."
|
You're not far off. I'm experimenting with some things. I usually learn by doing.
As things stand right now, if I liquidated everything I'd be down about $100.
|
|
|
06-02-2017, 04:57 PM
|
#36
|
Registered User
Join Date: May 2010
Posts: 5,005
|
Not a bad investment for a learning experience, right?
|
|
|
06-02-2017, 07:57 PM
|
#37
|
tmrpots
Join Date: Jun 2008
Posts: 2,285
|
Quote:
Originally Posted by Ocala Mike
Not a bad investment for a learning experience, right?
|
I've learned a ton. Made a lot of good decisions and a lot of bad ones. I've got some good ideas out of it as well, especially for next earnings season.
I had one trade today, and closed out 7 others.
55 open trades.
16 winning
39 losing
Wow. It looks worse than it is, but it's still bad. I've cashed for $1450, and the existing trades are down $1700.
|
|
|
06-05-2017, 04:13 PM
|
#39
|
tmrpots
Join Date: Jun 2008
Posts: 2,285
|
One trade today. Nothing closed out. Will be closing out a lot of big losers soon.
Some of these far out in time trades are based on possible takeover chatter, such as Sprint (S), which might, maybe, could be taken over by T-Mobile (TMUS). If that happens, then you have a real home-run.
Either way, entire portfolio is up about $250. We'll see what tomorrow brings.
[ilg, b, 2, dec, 15, 29, c, $1.15. $.09]
Last edited by barn32; 06-05-2017 at 04:15 PM.
|
|
|
06-05-2017, 04:43 PM
|
#40
|
Registered User
Join Date: Mar 2017
Posts: 1,033
|
What is something someone can read to understand what options are?
|
|
|
06-05-2017, 04:52 PM
|
#41
|
tmrpots
Join Date: Jun 2008
Posts: 2,285
|
Quote:
Originally Posted by oughtoh
What is something someone can read to understand what options are?
|
Lots of stuff online, but this book is free. ($10 for shipping) I'm reading it now.
22 Rules of Investing, plus it comes with a PDF Options Strategy Guide.
|
|
|
06-05-2017, 05:26 PM
|
#42
|
Buckle Up
Join Date: Apr 2014
Posts: 10,614
|
Quote:
Originally Posted by barn32
Lots of stuff online, but this book is free. ($10 for shipping) I'm reading it now.
22 Rules of Investing, plus it comes with a PDF Options Strategy Guide.
|
These guys are nothing but re-hashers, using the term "investing" rather than "trading"......If you want the "original", it's Dennis Gartman’s 22 “Rules of Trading", clearly superior.
http://www.sfu.ca/~poitras/Rules.pdf
|
|
|
06-05-2017, 07:47 PM
|
#43
|
tmrpots
Join Date: Jun 2008
Posts: 2,285
|
Quote:
Originally Posted by ReplayRandall
These guys are nothing but re-hashers, using the term "investing" rather than "trading"......If you want the "original", it's Dennis Gartman’s 22 “Rules of Trading", clearly superior.
http://www.sfu.ca/~poitras/Rules.pdf
|
I had you on ignore, but somehow you snuck through.
You, as usual, have no idea what you're talking about. The "books" are completely different. And since, you haven't read the former you would have no way of knowing if it's superior, inferior, fiction or fact.
The book I recommended and the accompanying PDF are exclusively about options.
I've never heard of Dennis Gartman.
Back on ignore you go.
|
|
|
06-06-2017, 05:45 PM
|
#44
|
tmrpots
Join Date: Jun 2008
Posts: 2,285
|
No new trades. Rolled two winners into spreads.
60 open trades
22 winnners
38 losers
Cashed for $1450
Open trades minus -$1000
|
|
|
06-07-2017, 10:34 PM
|
#45
|
tmrpots
Join Date: Jun 2008
Posts: 2,285
|
Added two bull spreads in XOP (oil)
Rolled three winners into spreads (as a hedge)
Sold off a small winner ($40)
17 positions expire next week, or the week after, on June 16 and June 23 (Unless I roll), and as of now 13 of them are losers.
Appx. 57 positions
23 winners
34 losers
Bad day today. Currently around breakeven, which is where I'm hoping to end up when all is said and done.
|
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|