Low Dollar Cheap Ass Trades Journal. Beer Cash 2022.

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I bought DWAC puts at $2.4-$2.9, sold as high as $4.20(2) contracts. I made $2100 off the trade.

Previously bought 700 ACON at $3.70, sold @ $3.1(Why I held to $3.1 after realizing it was a POS I have no idea!)

700@.6 is a $420 loss.

$2100-420 total gain for day on this account is $1680.




Edited a previous Post.

Dam, I had orders in at $5.50-$8.00(10)because of Swan events like FB's collapse using crummy Exchanges.
 
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Dam, I had orders in at $5.50-$8.00(10)because of Swan events like FB's collapse using crummy Exchanges.

DWAC was $50 when I started buying the puts, watching all the other SM companies getting weak was the reason I entered the trade. Now you can get $4.50 for the puts, yesterday bought CVNA $75 puts, I had a feeling they would go to $10, they hit $13 today.
 
I need more conviction, DWAC $4.7x$5.00 now. Memories of trading 2001-2002 brutal Bear, you had to take the gains when they showed or often they evaporated.
 
15 MSFT $285 puts, bought when MSFT was $290, average $2.39.

Average Cost.
upload_2022-4-27_11-25-11.png
 
14 FB $197.5 puts, average cost was $3.8, out as high as below. I got greedy thinking it would tank harder. Sold $5.95(3), $6.50 and $6.70 instead of $6.95 jumping in front of the $7s selling. Watching the Market I have no faith in FB for now. My Oil stocks I bought on Monday's tank are holding out decent. Maybe FB will bust through $190, eyes are hurting. Not bad too bad.


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Bought the FB $205 and $210s, paid $2.8-$3.3($205) average $6.9 exit.

The $210s $1.7-$2, out $3.2-$3.40.

TDOC $35C paid $.70 out $1.2-$1.45.


Edited: My day trades are running 100 percent Today, my holdings of ABBV got hammered, I knew I should have sold the Open at $149, out $144 lost $15 per share on 50 shares in FWB account. I made her loss up with TDOC Calls and some.
 
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