Results from week of 8/20:
Regular acct:
Results from week of 8/20:
Related Posts
Haha sahi hai
90´s throwback Coronavirus mashup
Can you relate?
Does anyone have surname in the beginning of the Aadhar Card. If yes, where do we have to give that surname in the Company onboarding forms - FirstName / LastName ?
Eg Aadhar : ABCD EFGH IJKL
Surname : ABCD
Company onboarding forms:
FirstName: EFGH MiddleName: IJKL LastName: ABCD
Would need your inputs. Infosys Accenture IBM Tata Consultancy Cognizant
Additional Posts in Option Traders & Investing
Good time to buy NVAX yall
Whose buying $SPCE OR $TELL
Mentor
Visual Storyteller
Ez tendies on puts?
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I was 2 business days from retirement 😂
ROTH:
What positions are you going to open on Monday ?
Likely AMD $25 puts for late Sept. or early Oct. — this stock will pull back, just a matter of when. It’s up +167% since April, 43% since July 27th, and 25% in since last Friday. PE ratio now almost double NVDA’s. I believe in the company overall and they have strong management, but I think there will be profit taking sometime over next few weeks and then it may head to low 30s.
~285k...and up ~135k YTD and was up ~50k last year, but didn’t trade nearly as much. This includes an approx $100k loss on TSLA this year, which would’ve been $4M+ had I bought the next week’s expiration or if Musk had tweeted 2 days sooner. 🙄still can’t believe that one.
32 - and been trading options for 2 years now. Everything I’ve made in past 2 years is strictly from buying and selling the contracts. I don’t exercise them.
Size of account is all relative though. You can start small, but cash in your gains at 20-50% and do it over and over, or if you get a double, take 50%-75% off the table and let the rest ride.
It’s always hard knowing when to enter and exit a position, but don’t get overly greedy (as I occasionally do and then regret) and you’ll be fine. I should’ve sold all my T calls, instead of just 50% and I would’ve kept an additional $30k. I also bought the wrong puts (32.5s instead of 33.5s) which cost me some money when I was bought my downside protection.
I still make plenty of mistakes - and this tech run up may be a big one if it doesn’t pull back soon. Futures aren’t looking good for me for tomorrow so I’ll either dollar cost average again, roll my positions to later expiration (e.g sell what I have, take losses, and put it into mid oct / nov positions), or let it ride. I have about $165k invested in puts right now, which is much heavier than where I’d like to be. Market just hasn’t had a solid down day in awhile.
That AMD drop from $27.3 to $25 today 💰 💰 💰. Had added several puts (various strikes/expirations) between $26.75 and the high today.
End of day was meh, but beautiful gains on AMD puts at lunch time! Was up $50k, cashed some in, and then should have hedged into $25 calls for 8/31, but opportunity missed. Had thought about it but was looking for stock to go lower. Still think it drops into $23 range but maybe not this week.
Wish my day wasn’t so busy... would’ve had a perfect rinse and repeat from yesterday. Didn’t even have time for lunch. Cant wait for the day I can do this full time.
pull back from Apple? nah with WWDC coming.. there’s still gas left
PwC 1 beat me to the question.
On a VZ or T dip, I’ll be adding call positions. My targets are VZ below $54 and T below $32. I can see VZ hitting $60 by year-end.
My longer shot bet I think is a pullback in Apple to $200-$205 before continuing its rally into year end.
September is historically the worst performing month of the year for stocks.
OP, across your regular and Roth accounts, what's your total balance after this week?
Also, your $32 T call...am I right?....
- You bought 10K contracts for $5,959.80 ($6k)?
- T increased past $32 and you executed
- To actually buy all the stock cost you the $13K.
- Then you subtract the $6k of options contracts and your profit is the $7,584.
The report shows my contracts in equivalent shares. I didn’t exercise. So 10,000 shares per the report = 100 contracts for my T $32 calls. I bought them for approx $0.60 and sold them for approx $1.35
Damn, OP. You poor bastard. Are you in your 20's or 30's? How long have you been doing this for?
So, do you make most of your money executing the positions, or selling the contracts?
BTW, you should be proud of yourself (regardless of your age).
Dude, I was slammed at work. It's 10pm and I'm just now done for the night. On the bright side, I'm all caught up and then some. BTW, going forward, I'm "D". So when I write you (and yes, you'll always be OP), I'll let you know it's me.