Low Dollar Cheap Ass Trades Journal. Beer Cash 2022.

[TrailerParkTed]

My goal is $1+, might hit or might not.

Bingo, offer is now $1.00, MMs took $.90 easily test.

 

[TrailerParkTed]

Sold $.70s-$.90s, doubled the account.

 

[TrailerParkTed]

Made $450+ off BBY $40 puts, out. Heading to bed, acting stupid by laying down trying to trade.

 

[TrailerParkTed]

Bought my friend one DE put, only $4.19 spent. I thought I could get $10.00, will close at the end of the day. Bid is $16x$18.00

 

[TrailerParkTed]

8 DE $315 puts, paid $1 out $2.8-$3.00

 

[TrailerParkTed]

I got greedy, the high was $2.99, low $2.80 had orders in at $3. The spread is insane.

 

[easymon1]

 

[TrailerParkTed]

My goal is $1+, might hit or might not.

Vague, I suppose I needed more faith like the DE $335p and $315p. 1 DE put netted over $1500($410 cost) while the DE $315 hit $7+ and KSS $1.40. I could see the turn starting when AAPL bucked $133 and QQQ $280 bounce. Overall a decent day. +$9000 using $12,000 in accounts. My bigger are in short bonds and closed end ETFs.

 

[TrailerParkTed]

One trade, XOM after selling some bonds to buy interesting ideas. 78 contracts the average was $.78, exited starting at $.99-$1.09, tried getting $1.12, no luck. Exited with a decent gain.

 

[easymon1]

How did you decide which strike to buy. You still holding some xom?