I stopped buying stocks in 2014. Started trading options in June of 2014. Mostly IBB options. I'm using this blog for a record of my trades, good and bad, so I can look back and see if I can improve my trading. If you would like to trade along, don't, I some time hold options only for mins. A week or more I feel is a bad trade. Always remember it's a rigged casino
Monday, March 23, 2015
Bad .... BIIB no follow through
Looks like bio tech had its run, I hope I'm wrong, because I will lose a lot of money if it is. But that's the bet. Made a little money bought 5 BIIB Apr 17 $470 Calls at $13.20 and sold at $13.80, and 10 IBB Apr 17 $360 Calls at $5.75 and sold at $6.10. For fun I bought 10 CELG Apr 17 $124 Call at the close, will sell Tue. Will sell a lot of losers this week will be lucky to be in the black Friday. IBB closed at $358.28 with a range of $356.25 to $362.67. Good luck in this rigged casino.
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