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
Thursday, April 30, 2015
Options the Bet: Market sells off IBB down
Options the Bet: Market sells off IBB down: Bio tech went down with the rest of the market. CELG had it's earning and the market didn't like it, The earnings were not that bad....
Options the Bet: Market sells off IBB down
Options the Bet: Market sells off IBB down: Bio tech went down with the rest of the market. CELG had it's earning and the market didn't like it, The earnings were not that bad....
Market sells off IBB down
Bio tech went down with the rest of the market. CELG had it's earning and the market didn't like it, The earnings were not that bad. I bought three CELG Jun 19 $109 Calls at $5.00 and two May 8 $109 Calls at $2.35. I'm all in and I don't like it. Hope to sell some thing Friday. IBB closed at $333.66 with a range of $330.60 to $345.62. Good luck in this rigged casino.
Wednesday, April 29, 2015
Options the Bet: BIIB came back nicely
Options the Bet: BIIB came back nicely: BIIB was up almost 10 points to close at $383.78. I brought some CELG May 1st $113 Calls and sold for a small gain. Sold a bad trade with BI...
BIIB came back nicely
BIIB was up almost 10 points to close at $383.78. I brought some CELG May 1st $113 Calls and sold for a small gain. Sold a bad trade with BIIB lost a little and I brought 5 GERN Sept 16 $5 Calls for 55 cents, this is a long term hold. IBB closed at $383.78 with a range of $376 to $388.45. Good luck in this rigged casino.
Tuesday, April 28, 2015
Options the Bet: IBB down but not out
Options the Bet: IBB down but not out: I'm thinking the sell off is all most over in bio tech, maybe two mores. BIIB is going down fast and I think is a buy now, but like alwa...
IBB down but not out
I'm thinking the sell off is all most over in bio tech, maybe two mores. BIIB is going down fast and I think is a buy now, but like always it could go lower. I sold 2 IBB Jun 19 $355 Calls at $12.00 and was in at $10.95. My bet on BIIB is looking very bad, lucky it's only one Call. IBB closed at $344.50 with a ranged of $338.66 to $354.52. Good luck in this rigged casino.
Monday, April 27, 2015
Options the Bet: Bio Tech down big time to buy?
Options the Bet: Bio Tech down big time to buy?: I did. It was a mistake. Bought to early and bio tech keep going down. Bought one BIIB May 1 $392.50 Call doe $4.40, three BIIB Jun 19 $400 ...
Bio Tech down big time to buy?
I did. It was a mistake. Bought to early and bio tech keep going down. Bought one BIIB May 1 $392.50 Call doe $4.40, three BIIB Jun 19 $400 Call at $16.70, two IBB Jun 19 $355 Call at $10.96 and three IBB Jun 19 $365 Calls at $9,22. So I'm all in again a mistake, and I will see. IBB closed at $348.55 with a range of $347.59 to $365.21. Good luck in this rigged casino.
Friday, April 24, 2015
Options the Bet: CELG Was Up BIIB Down
Options the Bet: CELG Was Up BIIB Down: Finally CELG Calls sold made a little money. BIIB missed earnings by 9 cents and is selling off. With the money free from the sale of CELG w...
CELG Was Up BIIB Down
Finally CELG Calls sold made a little money. BIIB missed earnings by 9 cents and is selling off. With the money free from the sale of CELG will buy a few BIIB calls under $400, IBB closed at $363.70 with a range of $362.82 to $367.50. Good luck in this rigged casino.
Thursday, April 23, 2015
Options the Bet: I Just Missed CELG again
Options the Bet: I Just Missed CELG again: Can't get a break. Missed selling CELG Calls by 30 cents again. Hope Friday they all sell because I'm all in. Which is a big mistake...
I Just Missed CELG again
Can't get a break. Missed selling CELG Calls by 30 cents again. Hope Friday they all sell because I'm all in. Which is a big mistake. IBB closed at $363.88 with a range of $362 to $368.25. Good luck in this rigged casino.
Wednesday, April 22, 2015
Options the Bet: IBB down a little, CELG up
Options the Bet: IBB down a little, CELG up: CELG was so close to what I needed to sell my Calls. I'm all in hoping for 1 or 2 dollar move up in CELG. IBB closed at $363.84 with a r...
IBB down a little, CELG up
CELG was so close to what I needed to sell my Calls. I'm all in hoping for 1 or 2 dollar move up in CELG. IBB closed at $363.84 with a range of $361.87 to $367.80. Good luck in this rigged casino.
Tuesday, April 21, 2015
Options the Bet: IBB up and will be up again Wednesday
Options the Bet: IBB up and will be up again Wednesday: AMGN had great earnings and will push IBB up. Still all in no sales, came close with CELG, missed by 30 cents. Should go Wednesday or Thursd...
IBB up and will be up again Wednesday
AMGN had great earnings and will push IBB up. Still all in no sales, came close with CELG, missed by 30 cents. Should go Wednesday or Thursday. IBB closed at $361.68 with a range of $359.91 to $364.50. Good luck in this rigged casino.
Monday, April 20, 2015
Options the Bet: Market came back
Options the Bet: Market came back: I'm all in, so I was hoping for CELG to hit $117.25 it closed at $114.75, earnings is on 4/30, hoping for a run up before earnings and I...
Market came back
I'm all in, so I was hoping for CELG to hit $117.25 it closed at $114.75, earnings is on 4/30, hoping for a run up before earnings and I will sell all. Bought a few PDLI May $8 Calls last Friday on word that the index funds were rebalancing and had to buy a few million shares of PDLI. It looks like bs no move in share price. Will sell this week. IBB closed at $358.62 with a range of $354.25 to $359.50. Good luck in this rigged casino.
Friday, April 17, 2015
Options the Bet: Slight sell off, CELG down hoping for great earnin...
Options the Bet: Slight sell off, CELG down hoping for great earnin...: Bad Day at Black Rock. My bet on CELG is down [was hoping to sell all of it today] and if the earnings are bad on 4/30, I'm out. Hoping ...
Slight sell off, CELG down hoping for great earnings 4/30
Bad Day at Black Rock. My bet on CELG is down [was hoping to sell all of it today] and if the earnings are bad on 4/30, I'm out. Hoping for a run up before earnings. Bought a few more CELG $115 May 15 Calls to avg. down. Will see Monday if the Market can bounce back. IBB closed down at $356.30 with a range of $353.11 to $360.10. Good luck in this rugged casino.
Thursday, April 16, 2015
Options the Bet: IBB up just a little CELG down and I'm in
Options the Bet: IBB up just a little CELG down and I'm in: Placed a big bet on CELG bought 15 May 15th $115 Calls avg. is $4.93. CELG closed at $116.36, will sell all if it hits $117.35 Friday. IBB c...
Options the Bet: IBB up just a little CELG down and I'm in
Options the Bet: IBB up just a little CELG down and I'm in: Placed a big bet on CELG bought 15 May 15th $115 Calls avg. is $4.93. CELG closed at $116.36, will sell all if it hits $117.35 Friday. IBB c...
IBB up just a little CELG down and I'm in
Placed a big bet on CELG bought 15 May 15th $115 Calls avg. is $4.93. CELG closed at $116.36, will sell all if it hits $117.35 Friday. IBB closed at $361.50 with a range of $359.14 to $362.94. Good luck in this rigged casino.
Wednesday, April 15, 2015
Options the Bet: Good Day IBB and BIIB up
Options the Bet: Good Day IBB and BIIB up: I didn't make my grand, but did ok. With selling 3 BIIB May 15th $439 Calls at $16.70 and was in at $15.50. Also sold one BIIB May 15 $4...
Good Day IBB and BIIB up
I didn't make my grand, but did ok. With selling 3 BIIB May 15th $439 Calls at $16.70 and was in at $15.50. Also sold one BIIB May 15 $425 Call at $19.30 and had bought at $17.20. Slowly making my money back. IBB closed at $360.94 with a range of $354.04 to $362. Will try to buy some Calls, IBB under $355 and BIIB under $423. Good luck in this rigged casino.
Tuesday, April 14, 2015
Options the Bet: BIIB had great news after the bell, yea baby YEA!...
Options the Bet: BIIB had great news after the bell, yea baby YEA!...: Biogen Presents New Anti-LINGO-1 Phase 2 Acute Optic Neuritis Data Demonstrating Neurological Repair. That was the news that drove the share...
BIIB had great news after the bell, yea baby YEA!!!!!!!!!!!!!!!!!!!
Biogen Presents New Anti-LINGO-1 Phase 2 Acute Optic Neuritis Data Demonstrating Neurological Repair. That was the news that drove the share price up $10 afterhours and I have 3 BIIB $430 May 15 Calls in at $15.50. Should be able to sell Wed. for 1 grand gain. Which means all I need is 49 more trades like that to break even, yea baby YEA!!!!!!!!!!!!!!!!!. Well I had two good small trades with IBB and BIIB hit the low and sold quick. IBB closed at $357.21 with a range of $354.12 to $359.97. It will be up Wed. along with BIIB. Good luck in this rigged casino.
Monday, April 13, 2015
Options the Bet: IBB up BIIB down with earnings coming out 4/24
Options the Bet: IBB up BIIB down with earnings coming out 4/24: Bought 3 BIIB May 15 $430 Calls for $15.50. Will sell Tue. Not much to buy today. The only two stocks I own GERN and OCAT have been slowly m...
IBB up BIIB down with earnings coming out 4/24
Bought 3 BIIB May 15 $430 Calls for $15.50. Will sell Tue. Not much to buy today. The only two stocks I own GERN and OCAT have been slowly moving up $4.22 and $6.88. Will sell at $5+ and $12+. Might be a long wait on OCAT. IBB closed at $358.32 with a range of $356.73 to $361.94. Good luck in this rigged casino.
Friday, April 10, 2015
Options the Bet: IBB doing great
Options the Bet: IBB doing great: My internet was down, so I missed the buys today. IBB and BIIB would have been a good bet. IBB closed at $357.44 with a range of $352.84 to ...
IBB doing great
My internet was down, so I missed the buys today. IBB and BIIB would have been a good bet. IBB closed at $357.44 with a range of $352.84 to $358.24.The week was the worst ever for me lost over 35 grand. I'll work harder to get it all back. Good luck in this rigged casino.
Thursday, April 9, 2015
Options the Bet: IBB up three days
Options the Bet: IBB up three days: I put three small bets on today only one hit and that was BIIB made a little money. IBB and CELG bets didn't go low enough to hit my bid...
IBB up three days
I put three small bets on today only one hit and that was BIIB made a little money. IBB and CELG bets didn't go low enough to hit my bid. IBB closed at $353.06 with a range of $348.79 to $355.53. Good luck in this rigged casino.
Wednesday, April 8, 2015
Options the Bet: IBB up up and Away
Options the Bet: IBB up up and Away: Missed buying any thing today, to slow, to old, to scared. Sold my CELG Calls that I brought Tuesday for a little money and sold one IBB Cal...
IBB up up and Away
Missed buying any thing today, to slow, to old, to scared. Sold my CELG Calls that I brought Tuesday for a little money and sold one IBB Call that I had for a week for a little loss. Looking to get back in CELG at $113 or less, IBB around $345, BIIB around $415-418. IBB closed at $352.01 with a range of $342.93 to 353.42. Good luck in this rigged casino.
Tuesday, April 7, 2015
Options the Bet: IBB high around 10:33AM than a slow sell off
Options the Bet: IBB high around 10:33AM than a slow sell off: I don't jump in early like I should have, losing a lot of money will do that 17 grand today. Did pay 5 CELG $115 May 15 Calls there earn...
IBB high around 10:33AM than a slow sell off
I don't jump in early like I should have, losing a lot of money will do that 17 grand today. Did pay 5 CELG $115 May 15 Calls there earnings are April 30th. Will see what happens, hoping for a run up before and will sell. Would 5 GERN $5 2016 Calls at 65 cents, but no one was selling at that price. IBB closed at $341.92 with at range of $339.30 to $346.92. Good luck in this rigged casino.
Monday, April 6, 2015
Options the Bet: Market up on bad job numbers
Options the Bet: Market up on bad job numbers: That shows you how dangerous this market is, bad news the market goes down because they think the Feds will not rises interest rates for a w...
Market up on bad job numbers
That shows you how dangerous this market is, bad news the market goes down because they think the Feds will not rises interest rates for a while. I've lost way to much money today 18 grand. Will make small bets on BIIB, IBB and CELG Calls. Lost most of my money on PCRX, BIIB and CELG Calls, held to long, need to cut loses same day. IBB closed at $338.85 with a range of $336.80 to $342.24. Will buy at around $335. Good luck in this rigged casino.
Thursday, April 2, 2015
Options the Bet: Friday will tell the tale for Monday's Market
Options the Bet: Friday will tell the tale for Monday's Market: The Nonfarm Payrolls number will move the Market Monday hope for a big number [250,000+] Lost super big into on my 29 BIIB Apr 02 $500 Calls...
Friday will tell the tale for Monday's Market
The Nonfarm Payrolls number will move the Market Monday hope for a big number [250,000+] Lost super big into on my 29 BIIB Apr 02 $500 Calls over 10 grand. One small trade IBB bought at $6.70 and sold at $7.55 just one Apr 17 $340 Call. Was my worst week ever and next week could be worse. IBB closed at $339.70 with a range of $337.25 to $341.47. Good luck in this rigged casino.
Wednesday, April 1, 2015
Options the Bet: Bio Tech near the bottom
Options the Bet: Bio Tech near the bottom: I hope so I'm losing a lot of money. Bought and sold nothing. Waiting for a big move up. IBB closed at $340.08 with a range of $334.12 t...
Bio Tech near the bottom
I hope so I'm losing a lot of money. Bought and sold nothing. Waiting for a big move up. IBB closed at $340.08 with a range of $334.12 to $343.22. Good luck in this rigged casino.
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