The best money making trade on ET in 2003
- Thread starter James Stock
- Start date
Nice call, JS....but I may have you beat.
I will check with my partner, as he handles all our options trades..
but we had Nov 65 puts on NTES that if I can recall we paid about 4.50? for and sold at 19.
Happy New Year, and good trading in 2004,
David
James Stock was NOT going long 1075 CALLS; he was simply covering naked calls that were moving higher in quite dramatic fashion.
Therefore, this current Little Boy Blue that can't go one day without seeking attention on ET did not make any money on being LONG 1075 CALLS. In fact, he was lucky if he was able to breakeven covering these naked calls.
If anyone doubts my claim, simply check out his earlier posts in mid-December such as the one below:
James Stock
Senior Member
Registered: Dec 2003
Posts: 160
12-10-03 10:49 PM
I guess this only has value to me
but I now strongly believe that there is a top in on the S&P that will last to 12/19. To me, this is crucial information on which you can make alot of money if you act properly on it.
And His Supposed Final Post Before Leaving On Vacation:
In the interest of full disclosure, I washed (broke even) on my 1075 calls, as I covered today at $5. But its better to wash, than get hosed.
Merry X-mas and happy holidays to all. I'm taking an early vacation. Bye.
Therefore, this current Little Boy Blue that can't go one day without seeking attention on ET did not make any money on being LONG 1075 CALLS. In fact, he was lucky if he was able to breakeven covering these naked calls.
If anyone doubts my claim, simply check out his earlier posts in mid-December such as the one below:
James Stock
Senior Member
Registered: Dec 2003
Posts: 160
12-10-03 10:49 PM
I guess this only has value to me
but I now strongly believe that there is a top in on the S&P that will last to 12/19. To me, this is crucial information on which you can make alot of money if you act properly on it.
And His Supposed Final Post Before Leaving On Vacation:
In the interest of full disclosure, I washed (broke even) on my 1075 calls, as I covered today at $5. But its better to wash, than get hosed.
Merry X-mas and happy holidays to all. I'm taking an early vacation. Bye.
From James Stock:
But 174% gain in a week is the easy winner. That's a SPECIFIC trade I am on the record doing. How bout that?
Yeah, right buddy.
You tell everyone on 12/11 that you are covering your Dec. 1075 calls that you had been SHORT and leaving for Xmas Vacation, only to now come back on 12/31 and tell everyone that you were LONG those calls and made 174%!
Keep lying.
We wouldn't want you to change James.
You're the BEST!
But 174% gain in a week is the easy winner. That's a SPECIFIC trade I am on the record doing. How bout that?
Yeah, right buddy.
You tell everyone on 12/11 that you are covering your Dec. 1075 calls that you had been SHORT and leaving for Xmas Vacation, only to now come back on 12/31 and tell everyone that you were LONG those calls and made 174%!
Keep lying.
We wouldn't want you to change James.
You're the BEST!
Fair enough. I lost about $70,000 on that one. But you cant win on all, and I won on almost everything else this year besides SMH
I don't know what happened to that PM. It isn't in my box. Sorry.
I got my gold finally from Kitco last week. Got 4 krugs and a 1 oz bar. I am gonna buy like 10 more oz in physical some time in the next few weeks when gold dips. After that, I intend to buy some gold futs so I can speculate. I just needed a little on hand in case I had to run.
Happy new years folks.
I got my gold finally from Kitco last week. Got 4 krugs and a 1 oz bar. I am gonna buy like 10 more oz in physical some time in the next few weeks when gold dips. After that, I intend to buy some gold futs so I can speculate. I just needed a little on hand in case I had to run.
Happy new years folks.
Where in Blue Hell did you see me say I was LONG calls??? You really need to take your lithium and prozac, and read what I said again.
I'm only taking credit for the one trade I told ET about in real-time, that I bought Dec 1075 calls @ 5 with a week to go.
They settled at 13.70.
How many real time trades have you given out on ET?
The flavor of this post is to show that I made a great trade in realtime here. If anyone else gave out a great trade BEFORE the fact on ET, like Marketsurfer, well then great! That's what this thread is about.
