Recent content by Theta2000

Bought 8 contracts of APOL Dec 85 Call @ @.50/contract. Will close position today if stock drops to 78.30 Will update!

Bailed out of RIO Nov 32.50 Calls at even. Closing price: $3.30 Will update this thread soonest!

Buy To Open 6 contracts of RIO NOV 32.5 Call @$3.10/contract Options' symbol: .RIOKZ

SNDK Nov 55 Calls position scrapped at $3.60/contract: Loss: Commissions! Account Balance: $2,319.57 - after some withdrawals!

Buy To Open 6 contracts of SNDK Nov 55 Calls @ $3.60/contract. Stop Loss: will close trade if stock drops to 53 today.

I closed STLD Nov 45 Calls @ $2.80/contract for 16.67% profits. Will update this thread next week.....

Bought 7 contracts of STLD Nov 45 Call @$2.57/contract Option symbol: .RQLKI Stop loss: will close position if stock drops to 40.90 by Friday, otherwise will hold position until thread is updated. Note: 5 contracts was filled at $2.60/contract, while 2 contracts was filled at $2.50/contract...

Bravo! You're very correct, elliottmillion. DOW was heading SOUTH before 9/11.

Luck is what happens when you are not expecting it. For example: when market gaps up when you are bullish; or when it gaps down when you are bearish!

Plan your trades and trade your plan

...and the secret is let out of the bag!! Knowing the difference between retracement and reversal is the key to WINNING. It is a sure path to profits!! I'm currently experimenting Option gamma trades with intention to generate 100K with 1K, and with just about 10-12 winning trades, the goal is...

Fantastic!!

FTI position was closed at $2.70/contract for 58.82% Account balance: $2775.75 will update asap!

my apologies for the delay; will make it timely next time.

The stop loss originally set for FTI Aug 85 Put has been adjusted from 0.50 below the cost basis to 0.80; that is, I will re-evaluate ther position if premium drops to 0.90 tomorrow.