To get a sense of NUS behavior, I bought (market) yesterday at 32.83 when models gave me a signal and sold it today at 34.39. I could have gotten 20 cents more but I was not fast enough. +1.56. (+4.75%).
My OPTION TRADES..... part 2
- Thread starter Put_Master
- Start date
Perhaps we can learn a thing or two from PM and post trades as they happen? I don't doubt your trade, but if PM has something going for him, he has the guts to post trades realtime.
What have you learned so far?
Listen, I'm not going to get into an argument, and perhaps my comment had a negative tone, so I shall put it another way. Posting your trades realtime adds (imo) great credibility. It makes people sit up and listen when you reveal not only your winners, but also your losers. PM posted the NUS trade. An initial stinker that he admitted would have been far better having waited a day, but such is trading, and posting NUS has taught me that PM is posting his method as it happens - and not just cherry picking - which seems to be so prevalent in this industry, to perhaps teach others a different perspective on outright stock investment.
I am not in argument neither with you nor with anyone else. The market respects facts only. If you really learned something, I would be interested to know what it is. I believe that learning that someone is making trades as they happen is not learning as the market tells that all day long. In addition, I am not interested in particular trades as trades. I am interested to know/learn something from a given trade or some given trades. What insights/lessons/etc one could derive is an example of things I am interested in, and could such lessons be generalized?
I hate to pop anyones bubble, but my trades are not being posted to teach anyone anything.
I post my trades in real time for my benefit. No one elses.
Doing so help me maintain my discipline, my criteria based research, my reasonable and highly probable % return goals, my focus on safety/recovery, and so on....
If others view my trades and consider them reasonable, as it fits into their investment objectives, R/R, ect,... they are welcome to consider similar trades for themselves.
But since I'm not sharing in any of the profits traders may earn from coping my trades, I'm also not sharing any blame for the ones that go bad.... as some always do.
I'm happy to answer sincere questions about my trades from sincere posters.
I really don't care if the questions are insulting or not.
If I think it's a sincere question, I'll answer it.
If I think you are just being annoying, looking to amuse yourself, and hoping to waste my time,... you'll be ignored for a while.
<<< Nu Skin Enterprises, Inc.âs (NUS) share price has entered into oversold territory with a stochastic value of 5.076. The Zacks Consensus Estimate on the companyâs earnings for year ending December 2012 increased by 13 cents over the past two months to $3.38 per share. Nu Skin Enterprises, Inc. is a Zacks #1 Rank (âStrong Buyâ) company. >>>
Nice to see somebody agreeing with me.
Hopefully this will help NUS hold the line above my $30 strike.
Nice to see somebody agreeing with me.
Hopefully this will help NUS hold the line above my $30 strike.
Mr Master,
If u need an anonymous board for discipline... I would say u are in trouble. Let's just say u are good at what u do, and are not leveraged..coming here I hope is more to break the boredom of this type of trading (a swing type approach).
I'm here purely due to boredom and the fact I cannot discuss this stuff with my local family and peers...NOT for discipline though, lol
This is what I get when I stray from my "usual standards", as I stated above.
With the stock currently trading at $5 and my $7 naked put expiring in Jan, I decided to take a chance and sell a $6 naked call on UEPS for April,... assuming it will be put to me next month.
Credit payed....$0.50.
Assuming the $7 UEPS is put to me, it will then become a $6 covered call.
Thus, a new BE price of $6.30
(Put credit $0.20... Call credit $0.50)
This of course is a risky trade, if the stock recovers to $7 by Jan expy.
I'm now hoping it remains below $6 and I still own it in April. If not, I will have lost $0.30.