Option trading for a newbie

I'm out to all those who thought I was a gambler. Closed at 27 goog calls at $1.20 for $3,199.50. GOOG tested $386 twice and once it failed that second time I was out like gambler hitting a jackpot lol.

Well, 27 goog oct. 390 calls net gain was +$999.60.

Will hold onto amzn calls now at +350.
 
Those AMZN Nov. 60 calls now at $2.29.
Bought 10 NFLX Nov. 25 calls at $1.30 for ($1315).

So, I must be rolling the dices again?

Ben
 
Quote from Ben74:

Those AMZN Nov. 60 calls now at $2.29.
Bought 10 NFLX Nov. 25 calls at $1.30 for ($1315).

So, I must be rolling the dices again?

Ben
More...

Yes, but enjoy the ride. Nobody rides for free.
 
Closed out those NFLX calls at $0.50 for -830.

I did make nice with those AMZN calls closing at $4.50 for gain 870.

Net gain was +40.

New trades put in yesterday, Bought 10 V November 55 calls at $2.00, and bought 10 FLR November 45 calls at $1.80.

Rolling those dices again.

oh and I'm showing a slight gain of $1039.60.
 
Alright, after a break I'm back, and yeah I lost a good chunk of account. Funded my account again and have $12,000. Let's rock this on Monday...Ben
 
With such a small account, you might consider switching brokers. That $14.95 ticket at OX is a killer.

If you're serious about options, look at TOS or IB.
 
Quote from Ben74:

Those AMZN Nov. 60 calls now at $2.29.
Bought 10 NFLX Nov. 25 calls at $1.30 for ($1315).

So, I must be rolling the dices again?

Ben
More...

What the hell are dices??
 
Quote from stevegee58:

With such a small account, you might consider switching brokers. That $14.95 ticket at OX is a killer.

If you're serious about options, look at TOS or IB.
More...

I will take IB into consideration, maybe in 2 weeks when the market dies down and I can transfer funds. By the way, what are comm. there at IB and TOS?

I bought 8 AZO Dec. 125 calls at $3.50 for ($2,814.95). I believe today's drop is temporary.
 
you are just plain stupid or take the other idiots for a ride while trying to kill time. Whatever, your trades make ZERO sense from a R/R perspective and your money management will lead to ruin a lot faster than a matter of months.



Quote from Ben74:

I will take IB into consideration, maybe in 2 weeks when the market dies down and I can transfer funds. By the way, what are comm. there at IB and TOS?

I bought 8 AZO Dec. 125 calls at $3.50 for ($2,814.95). I believe today's drop is temporary.
More...
 
Quote from IluvVol:

you are just plain stupid or take the other idiots for a ride while trying to kill time. Whatever, your trades make ZERO sense from a R/R perspective and your money management will lead to ruin a lot faster than a matter of months.
More...

As expected, I find ruins in a matter of months harsh. Why not give me a year before the ruin part kicks in. Given that I'm still trading, we'll leave the ruin part until it comes. I think AZO hits $130 tomorrow and I get out for a small win.
 
You must log in or register to reply here.
Back
Top