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Diving into the lake of Options


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Diving into the lake of Options

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  #61 (permalink)
Pittsburgh, Pennsylvania
 
 
Posts: 563 since Jan 2013
Thanks: 33 given, 375 received


Pedro40 View Post
Bought 50 SPY AprWK1 puts for 0.59

I realized that I bought puts (rookie mistake) when I wanted to get calls (and the timing was perfect). So I have just dumped the puts for 0.45 and bought 50 calls 155.5 for 0.61

Edit: There must be some delay with the CBOE quotes, because I bought these puts yesterday almost at the very bottom, but when I checked 5-10 minutes later when the market bounced back, the position was up 800-1000 bucks. So that's why I didn't realize right away that I got the wrong stuff, because that much gain was expected from the calls....

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  #62 (permalink)
Pittsburgh, Pennsylvania
 
 
Posts: 563 since Jan 2013
Thanks: 33 given, 375 received


Pedro40 View Post
So I have just dumped the puts for 0.45 and bought 50 calls 155.5 for 0.61

Sold for 0.92 we have reached the target high for the day, let's see if it sells off from here...

Bought 50 SPY 155.5 puts for 0.4

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  #63 (permalink)
Pittsburgh, Pennsylvania
 
 
Posts: 563 since Jan 2013
Thanks: 33 given, 375 received



Pedro40 View Post
Bought 50 SPY 155.5 puts for 0.4

Sold at 0.52

It does look like there is the 15 minutes delay, so in the future I have to use the originally planned, indicating a trade first and executing it 15 minutes later trick to be honest....

Account: 38.8K so these 3 last trades (2 winners, 1 loser) made about 1.2K

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  #64 (permalink)
Pittsburgh, Pennsylvania
 
 
Posts: 563 since Jan 2013
Thanks: 33 given, 375 received

Bought 100 SPY 155 WK1 for 0.11

daytrade...

Edit: Limit order for selling at 0.22

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  #65 (permalink)
Pittsburgh, Pennsylvania
 
 
Posts: 563 since Jan 2013
Thanks: 33 given, 375 received


Pedro40 View Post
Bought 100 SPY 155 WK1 for 0.11

Edit: Limit order for selling at 0.22

Since it doesn't like it is going to make it there, sold for 0.16

Note to myself: use in the money options on expiration day.

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  #66 (permalink)
Pittsburgh, Pennsylvania
 
 
Posts: 563 since Jan 2013
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Bought 100 SPY Apr Wk4 157.5 puts for 0.66

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  #67 (permalink)
Pittsburgh, Pennsylvania
 
 
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Pedro40 View Post
Bought 100 SPY Apr Wk4 157.5 puts for 0.66

Salvaged only $700 of it. Should have switched to long after yesterday was a doji, meaning consolidation before further upward movement...

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  #68 (permalink)
Pittsburgh, Pennsylvania
 
 
Posts: 563 since Jan 2013
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Bought 100 SPY MayWk2 161.5 puts for 0.57

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  #69 (permalink)
Pittsburgh, Pennsylvania
 
 
Posts: 563 since Jan 2013
Thanks: 33 given, 375 received

I am going here big or bust, bought 2 more puts:

100 Spy MayWk2 163 puts for 0.45

100 Spy May13 163 puts for 0.92 ( we give this a week more to work)

There is a huge gap left behind what I expect to be filled in the next few days....

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  #70 (permalink)
Pittsburgh, Pennsylvania
 
 
Posts: 563 since Jan 2013
Thanks: 33 given, 375 received



Pedro40 View Post
Bought 100 SPY MayWk2 161.5 puts for 0.57

I got ride of this, for 0.11, holding the other 2.

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May 10, 2013


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