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
Wednesday, March 11, 2015
After big drop on Tuesday, market down just a little today
BIIB was good to me, at least in the AM bought 10 Apr 17, $152 Calls at $16.95 and sold at $18.10. Noted BIIB down at the close bought [for a gamble] 10 Mar 13 $410 Calls at $3.40 and 5 Mar 13 $412.50 Call at $2.50. Only need $3 up and will make some good money. Have 13 BIIB Calls for Apr 17 $415 and $420, feel that they will be in the money. Still have 110 CSCO Calls and 40 PCRX Apr 17 $100 Calls and 15 NDLS May $20 Calls not feeling good about this, will sell 5 at a time maybe one a week. IBB closed at $342.54 with a range of $339.67 to $344.08. All in all the bio tech held up well. Good luck in this rigged casino.
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