2000 % IN ONE HOUR The one that got away

B

ben 12

This one hurt. I bought 2 skf 200 feb puts today at 1:30 for .90 each. Last options x I lost 3500 so I was being very conservative. so I sold it at 1:37 for 1.15, at 2:53 this options was 18.20 each 2000 % in one hour It does not pay to be a bitch. Hey at least I made 50 bucks
 
thanks...this is really interesting...do you normally trade options on expiration day?..risky?...I never really saw SKF, but now I will watch it for options trades...why did you only trade 2 contracts only?do you trade SKF options often...thanks...very interesting...what have you observed trading SKF options?
 
I only bought two because they are very very risky. its the most risky, but can be the most rewarding options you can trade. Ill buy two of a few different options some times ill buy calls and puts on the same stock because you can make up to 2 to 20 times your money. google today went from 100 to 900 in just two hours so there are many times you can use this on experation
 
Quote from ben 12:
......I lost 3500........ I made 50 bucks.......
More...
1) Could've, should've, would've, might've.......
2) The condition of "eating like a bird and defecating like an elephant" comes to mind. :cool:
 
yeah yeah yeah, so you would have made a couple of thousand.

i should have sold more options last nov 21. i ended up making only 130k but could have made 800k. let's all cry ourselves to sleep ok?
 
Quote from ben 12:

This one hurt. I bought 2 skf 200 feb puts today at 1:30 for .90 each. Last options x I lost 3500 so I was being very conservative. so I sold it at 1:37 for 1.15, at 2:53 this options was 18.20 each 2000 % in one hour It does not pay to be a bitch. Hey at least I made 50 bucks
More...

Food for Thought Sir

Would a
Could a
Should a

Only if I
Why didn't I
If only
I wish

I used to use these terms... Now it's - well ya'll know so no need me kicking a dead horse

Hind sight is always 20/20 - But then we work/ prosper / fail - on the Hard Right edge don't we Sir

Redneck

eta - Sorry Nazzdack did not see your post before I posted
 
goog Feb 340 call went from .95 to 9.00 in about two hours on Fri. I got the response I was looking for by starting this thread. Even blackjack007 had the need to tell us what happened to him on Nov 21. I got it off my chest Im done with it .
 
Quote from ben 12:

goog Feb 340 call went from .95 to 9.00 in about two hours on Fri. I got the response I was looking for by starting this thread. Even blackjack007 had the need to tell us what happened to him on Nov 21. I got it off my chest Im done with it .
More...

I think it's good to review your trades and learn lessons from past trades. You are doing fine.
 
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