First Solar (FSLR) gap down today after closing at 62.03 yesterday. The stock shed $5.01 (8.08%) to close at $57.01. I bought 7 Contracts of May 20 2016 62.50 Call at $3.27 a piece. The option closed today at $0.44
There's nothing much left to do about the trade, but to wait it out and hope it...
Thanks for your comment. Apart from Indices like SPY, QQQ, TLT, etc, and maybe Stocks like Google and Apple, most stocks have a wide bid/ask spread. I don't like trading indices for lack of time. Can't stay online to watch every tick.
Well, it's a learning curve for me. The brokerage firm did not fill the order at 2.50, so I readjusted to 2.60.
I closed the position today for a loss of $300.00
STC CCL July 2015 50 Call @ $2.30
I don't run commentaries or provide reasons behind my trades. I simply buy and sell based on my trading rules.
Could you, or anyone on this board, please point me to any brokerage firm that offers good trading platform for Forex?
I downloaded a platform offered by a ''reputable online''...
Thanks for your comments on this thread. I intend to keep this thread going for a long time.
I have seen that Forex is by far easier than Options, though many Forex traders are still trying to learn the ropes. Oh well, I will set up a Forex account by March ending and start a thread in keeping...
Options are the most difficult instruments to trade with Technical Analysis. I intend to show traders, especially those with flair for Options, that it is possible to grow a shoestring budget to six digits account with outright purchase of Options. Many of my targeted traders will not touch...
STC 20 Contracts of QQQ March 18 2016 104 Call @ $1.92
Commissions: $17.95
I will not be available to monitor the trade, so I bailed. The index may continue the uptrend tomorrow, but will likely trade lower than today's close; that will be the right time to buy Call Options.
I will try more...