He has been saying things about TTWO for about four years. Talk about beating something to death already.
iceman's options trading journal
- Thread starter iceman1
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He has been saying things about TTWO for about four years. Talk about beating something to death already.
not a good entry - didn't really want to enter @ 2.75 - my price was set @ 240 and then I got P.O'd that oil stocks continued higher from Friday into today with a not very exciting broader market. Obviously in this case the trend is a very good friend to oil bulls-- and I am against the trend buying puts on OIH.
I have zero doubt I will make a profit on this trade.
Of course long calls was obviously a smarter move when I first entered OIH.
no positions in HUM as of this morning.
was short Jan 55c (after closing put leg of straddle- Jan 55p @ .30) then had sold Feb 55c but scratched most of them for .50-70 last week. Exited the +50p today at b/e.
IN keeping with my plan for post-January expiration trading--- I am going to as high a % of cash as possible -- so i can lincrease my size significantly. It has not been fun watching HUM and some other positions go my way since (in the case of HUM) I had toyed with the idea of taking assignment on the Jan 55c and keeping short February calls as well.
But in the longer run - my lan to reduce # of positions will inure to my benefit.
Hum may fill the gap or trade to gap support. But if I get back in it's going to be with size.