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
Tuesday, March 24, 2015
More Pain in Bio Tech
Down 20 grand. It's killing me, but I'll keep trading to get it all back. Made a few good trades. The options that I've been holding are going down, down, down. My good trades today are BIIB May 15 $460 Calls three ate $22.80 and sold at $26.20, PCRX Apr 17 $95 Calls 10 at $.70 and sold at $5.00. BIIB Mar 27 $455 Calls 10 at $5.69 and sold at $6.10. The CELG Apr 17 $124 Calls that I bought at $3.25 Monday, sold today at $3.50. Also bought back three covered Calls GERN Apr 17 $4 at 20 cent each and I had sold for 40 cent each. A bought 10 BIIB Mar 27 $455 Call at around 3PM for $5.50. Will sell Wed.
Good luck in this rigged casino.
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