Trajan's second option journal

sold another 10 lot of 17c for .15. Going into earning long 300, up a point short 500.

ET didn't post this message on time but the stock looks unchanged at this point post earnings.
 
Wow I thought I understood options but this is just confusing me. Out of curiousity, what kind of returns has this gotten you since Feb? I mean just the trades you have posted here.
 
Enjoying your journal Trajan ...

I often trade calls / puts on IP, WY and even have tried GP. On my day job of 21 years I work for IP ... biggest paper company - good outfit - fairly predictable.

WY our biggest competitor ... considerable more volatility ... higher priced stock just now ... works for me.

I like to stay with options on higher priced stocks usually, but high volume is always a plus.

I paticularly like the way you seem to focus almost entirely on a single item to trade. It makes trading easier and simpler, for me anyways.

I've never been able to trade just one thing exclusively, but I think it's wise.

Thanks for sharing:D
 
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