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, June 4, 2015
Down we go, a bounce Friday.....I hope
It was a bad day, was not able to sell any of my CELG or BIIB Calls. Will sell Friday and will most likely take a big loss. IBB closed at $362.79 with a range of $360.06 to $366.16. Good luck in this rigged casino.
Wednesday, June 3, 2015
Options the Bet: Bet on CELG
Options the Bet: Bet on CELG: Bought 20 CELG Jun 12 $114 Calls avg cost $1.25 will sell Thursday need $113.70, closed at $112.68. Still have my BIIB Calls need to sell Th...
Bet on CELG
Bought 20 CELG Jun 12 $114 Calls avg cost $1.25 will sell Thursday need $113.70, closed at $112.68. Still have my BIIB Calls need to sell Thursday or Friday need $398, closed at $387.48, will most likely take a lose. I bought two more $500 Jan 2016 Calls to avg down from $46 to $28, well most likely sell these 4 Calls at a lose but it will be less. Still think BIIB will climb 60 to 80 point this year. Sold 50 CSCO calls at a big, big lose bought at 35 cents and sold at 2 cents. IBB did well closing up $1.36 at $364.82 with a range of $362.55 to $366.20. Good luck in this rigged casino.
Tuesday, June 2, 2015
Options the Bet: BIIB killing me down again
Options the Bet: BIIB killing me down again: Could not sell my 7 BIIB Jun 12 $400 Calls. When BIIB went down I bought 10 more BIIB Jun 5 $387.50 Calls at and avg. of $3.10 and sold them...
BIIB killing me down again
Could not sell my 7 BIIB Jun 12 $400 Calls. When BIIB went down I bought 10 more BIIB Jun 5 $387.50 Calls at and avg. of $3.10 and sold them quickly at $3.40. Will try again Wed. IBB closed at $363.46 with a range of $360.28 to $366.12. Good luck in this rigged casino.
Monday, June 1, 2015
Options the Bet: BIIB and IBB both down
Options the Bet: BIIB and IBB both down: Didn't sell my BIIB Jun 12 $400 Calls like I wanted to. Bought more to avg. down from $6.80 to $5.46for a total of seven Calls. I need $...
BIIB and IBB both down
Didn't sell my BIIB Jun 12 $400 Calls like I wanted to. Bought more to avg. down from $6.80 to $5.46for a total of seven Calls. I need $398 to make a little money, it closed at $393.35. Bought 4 REGN Jun 12 $510 Calls at $11.60 and sold at $12.50. Made a little money. IBB closed at $364.81 with a range of $360.81 to $367.37. Good luck in this rigged casino.
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