Since starting the blog I've done 4 options trades and have 2 open.
The first 4 were in AMAT, XLF, SPY and MPWR. All the trades were profitable I made about 3.5% on my account.
Currently I have a MSFT put I bought for .86 that closed at .81 bid .83 offered.
I also have a CNP Aug 09 put I bought for .85 which is trading .60-.85.
AMAT: Good trade, bad execution. Instead of buying an April put I should have bought a Jan or Feb.
XLF: I'm happy with that trade
SPY: Stupid trade. I see setups for trades intraday in SPY but that doesn't mean I should take them. I have to keep timeframe in mind.
MPWR: Good setup and profitable trade, but a dumb trade from a risk perspective. The spreads are too big to mess with trading in for any short period of time.
Monday, December 29, 2008
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