Options Trades For Capital Growth

BTO 15 Contracts of QQQ March 11 2016 104 Call @ $1.63
 

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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.



The March11, 2016 QQQ 104.00 Calls are now at $2.00.




:)
 
The QQQ trade was initiated too early. I noted the mistake and will avoid it in the future. I was not available to watch the markets until some hours ago, otherwise I'd have bought some QQQ Call options.
 
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