
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, January 28, 2015
IBB down all in on IBB
Well I missed the bottom of IBB today, was out visiting, that was costly. I bought more of IBB Calls at different months and strike prices. Here's want I have 5 Mar 06 at $330 cost $10.20, 9 Jun 19 at $325 cost $21.20, 3 Jan 15, 2016 at $360 cost $21.80 and 1 Feb 20 at $325 cost $7.00. The range of IBB was $318.61 to 328.55. Betting IBB goes up Thursday, lets see if I'm right.
Will sell all when I can make some money, the Mar 06 Calls may be a problem. Good luck in this rigged casino.

Tuesday, January 27, 2015
Options the Bet: The bet is on IBB
Options the Bet: The bet is on IBB: Had a good day made $1139. Sold 30 RMTI May 15 Calls at $1.50. Should have waited 10 more mins, would have gotten $1.60+. Sold my 2 IBB Jan ...
The bet is on IBB
Had a good day made $1139. Sold 30 RMTI May 15 Calls at $1.50. Should have waited 10 more mins, would have gotten $1.60+. Sold my 2 IBB Jan 15, 2016 at $23.44, paid $19.40 ten days ago. Bought and sold 2 IBB Mar 20 at $13 and sold at $14.20. Bought 2 June 19 IBB $325 Calls at $21.90, will try to sell Wed. IBB closed at $325.98 with a range of $323.62 to $329.19. DOW down 291, NASDAQ 90, S&P down 27. IBB held up very well in a down market. Good luck in this rigged casino.

Monday, January 26, 2015
Options the Bet: Bet on RMTI
Options the Bet: Bet on RMTI: Went in on RMTI because of good news. With 30 May 15, $11 Calls, paid $1.44, will sell tomorrow at $1.60 [I hope] need a $11.10-11.20 market...
Options the Bet: Bet on RMTI
Options the Bet: Bet on RMTI: Went in on RMTI because of good news. With 30 May 15, $11 Calls, paid $1.44, will sell tomorrow at $1.60 [I hope] need a $11.10-11.20 market...
Bet on RMTI
Went in on RMTI because of good news. With 30 May 15, $11 Calls, paid $1.44, will sell tomorrow at $1.60 [I hope] need a $11.10-11.20 market price and they should sell. Sold 10 Calls ARWR at 50 cents for a $512 loss [that hurt]. IBB is going higher, so my $360 Call for Jan 2016 are going up nicely. I try to do the trade in one day. Note the ARWR trade was more then 6 days. Remember this is a rigged casino, I like to buy and sell the same day. The IBB is my only long term hold I may buy more.
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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