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
Sunday, January 25, 2015
Monday: IBB, OUTR, ARWR
I have one covered IBB call for Feb 15 at $320, and 2 IBB calls for Jan 16 at $360, these two I'm holding for a month, maybe more. And now for the bad trades. I have 12 OUTR Mar 20, 2015 at $70 and I paid $4.27, the earnings come out at Feb 5 if good I may lose only a little. And 8 ARWR Mar 20, 2015 calls at $8 and I paid .90. hoping to lose only $400. Now IBB for Monday looking at buying 1 or 2 June $320 calls if IBB goes below $315. Remember it's a rigged casino.
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