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, February 24, 2015
IBB pulls back, I'm in
Missed IBB's bottom by 5 cents or less. I did get in at around $334.34. Bought 20 Mar 06 2015 $335 Calls at $5.00, 22 Mar 06 2015 $337.50 Calls at $4.32, 7 Apr 17, 2015 $340 Calls at $9.91. With get a 80 cents move up Wed. well sell the 20 Mar 06 $335 at $5.50. If I can get a $2-3+ open will sell all IBB Calls. IBB closed at $335.15 the range was $332.88-$338.82. Still have 10 CSCO Calls, 35 NDLS Call and 10 SPPI Call, hope to start selling them soon. Good luck in this rigged casino.
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