Played IMRN, bought from $9.5-$10.50, sold 10.7-11.90 tried to get $13 but I was too slow to catch it. The Apple Calls in my Piker Account did well, bought at $2.80 sold at $4.85 $335, got to need to sell DGLY Again. Will post my buy prices on IMRN later. DGLY got halted, ARG!
The Piker Trading Journal, Gains-Losses.
- Thread starter JesseJamesFinn1
- Start date
Sold all my AAPL $335-$340 Calls, road Apple up from $332 to $340, sold the Calls for $4.70. I have five cash accounts and one margin account with this broker. My son will be pissed his Calls did not get $8 instead of $4.85 on the $335.00. Yesterday I put in my GTC order because Apple's strength was insane but I failed to follow through on it.
Deleted my PL after reading a trader's wise post about oversharing, maybe that's the best idea because there's really no reason to do it.
After speaking to a friend, I decided to post the PL from the account that was $3600 on April 20 something. This gain absorbed a loss of $3000 from a stupid trade, most was the biotech I wrote about on the stock thread. Daily gain from Piker's IBKR was $5300.00
I bought $1400 worth of Apple $337.50 Calls at $1.7-$2.00. Just sold them now, here's the PL. A modest loss was absorbed by them, I read about a technique someone used buying short dated Calls with different price points. You only use $200-$1000 depending on how big your account is.
I've been working on a similar technique using SPX options but not limited to calls only. Usually getting at or near the money and keeping the cost to $2000 per contract or less. How close to at the money depends on just how "short dated" the options are.
Last month I bought some cheap options on a razor thin stock, they were $.20(7 trading days left) and the stock was(let's say for arguments sake) $140. I bought the $150s and sold the Calls after the stock hit $170.00. A few hundred bucks turned into nice gain.
Did you short anything yesterday? I bought some NVDA LEAPs near the Close did you find anything you like?
I bought SPX calls when price got to the 50% retracement of rally from the the May 14th low. I bought them at 7.xx and sold them soon after the open at for an average of $20.xx But I didn't do anything with single names. I do regret not having bought more of those calls.