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
Saturday, October 6, 2012
AAPL, ACTC and Geron all down again
Bad Day at Black Rock, great movie, somes up Friday. ..................................
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AAPL down $14.21 to close at $652.59 on 21.2 million shares. The three month avg. volume is 15.3 million shares. I bought and sold one AAPL call. I have 3 AAPL calls, two at Feb 2013 $685 and one at Feb 2013 $690. Need about $20+ run to made some money.
.....................................................................................................................................................................................................................................................................ACTC closed down a little at 0.07 on 8 million shares. The three month avg. is 6 million shares. Need good news or we continue down.....................................
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Geron down, down, down we go. Closed at $1.41. I'm thinking the big boys are running Geron down, then will run it back up before Dec 5th, when Geron tells us how the Phrase two trails are going. Just like they did before Geron give us the bad news on two of the Phase two trials. So if this happens will sell some and write a few covered calls.................................................................................................................................................................................................................................................................Good luck in this rigged casino,
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