+$232 this week off of two NUE trades that I held for one night each. I'm currently holding 11 SU Oct. $38 calls @ $1.31. Keeping an eye on oil. This week I think it will hit $95 and should propel SU higher.
Sold 5 $38 NUE October calls @ $1.96 this morning. +$200 on this trade. I tend to take profits too early, but this time the market has rolled over so I feel good about it.
NUE 15min entry/exit of trade
Went long 5 $38 NUE October calls @ $1.50
This is my first overnight trade. NUE performed well in a generally down market today, I feel safe holding over night and it's 5 contracts.
Daily chart of NUE attached with green line indicating when I bought the contracts.
Only made 1 trade today. SPY puts and Staying short just wasn't working out, so I got out for a small gain. $20 :cool:
Balance: $1,828.32
The attachment shows two other trades I made this week, before I started the journal.
This is going to be a journal of my trading into the end of the year from October 4th till 2013. I will be trading options on equities in a small account.
Starting amount: $1,811.03
The 3 cents is important :)
Style: Loose and aggressive
I'll post weekly updates to better...