Options Trades For Capital Growth

Q

Quest2016

Hi traders,

I am new on this forum, but not new to trading. I want to use this thread to showcase the result of trading approach developed to grow a shoestring budget with Option trades.

I want to experiment how long it will take to initiate 20 option trades with at least 50% minimum ROI per trade.

All Option trades will be posted as soon as orders are filled. I may also post screenshots of the account....

Market: U.S. Equities and Options

Risk per trade: 0.16 on $1.00 or 0.25 - 0.30 on every trade that cost between $1.80 and $3.50.

Maximum duration per trade: 2 Days

Available capital: $3,700.00

Let the trades begin.

upload_2016-2-1_16-6-42.png
 
More power to you. I hope you accomplish your goal. -- Eager to see o_O

Do you plan to compound that? Do you plan to use all of your account on a trade, or a significant amount of it?
...that interface looks familiar...is that TradeKing?
 
I like trading journals but going by the stats, this is going to be a short one, and probably not more than 3 trades posted... Prove me wrong, OP!!!

I have been messing with options lately, so I am interested....
 
lawrence-lugar said:
More power to you. I hope you accomplish your goal. -- Eager to see o_O

Do you plan to compound that? Do you plan to use all of your account on a trade, or a significant amount of it?
...that interface looks familiar...is that TradeKing?
More...
I will put 2.5K from the available cash into the first trade and set a stop limit at 0.25 below the cost basis. Subsequent trades may be different.

Yeah, account is maintained with TradeKing.
 
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Pekelo said:
I like trading journals but going by the stats, this is going to be a short one, and probably not more than 3 trades posted... Prove me wrong, OP!!!

I have been messing with options lately, so I am interested....
More...
Your post cracked me up. I think this journal will last for a long time. :)
 
Are you trying to use SPY options? Plenty of opportunities in the last few days. We can't wait for the first trade...

Here, I will show you how to do it, this is what I have been tinkering with, 7 trades 6 winners, just like you wanted 30-50% returns...
 

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Quest2016 said:
I will put 2.5K from the available cash into the first trade and set a stop limit at 0.25 below the cost basis. Subsequent trades may be different.

Yeah, account is maintained with TradeKing.
More...

Stop of .25? You might get stopped out just on a bid/ask spread or intraday fluctuation...
 
IMO ....... You can't use stops on option trades. The initial risk should be the stop. Options are so volatile you could close a trade at a 50% loss only to see it rebound the next day.




:)
 
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