Thursday, December 26, 2013

[New] AMZN, NFLX

Sold AMZN 397.5/392.5 put spread for 0.65 Sold NFLX 377.5/372.5 put spread for 0.93 I've got a little wiggle room here, so let's see.

[Update] AMZN, NFLX, PCLN, USO, GLD

My 3 put credit spreads all expired worthless, which gave me the max profit. USO and GLD are doing ok. Patterns still look good, so I just need to be patient.

Thursday, December 19, 2013

[New] AMZN, PCLN, GLD

PCLN 1175/1170 Put spread for 0.7 AMZN 390/385 Put spread for 0.58 Bought GLD Jan 119 Put for 4.35 The two spreads both expire tomorrow. I have a little wiggle room, but any up-day either today or tomorrow should give me the max profit. I thought about buying NQ, but I prefer spread trades. I think gold will go to 1100 level.

Monday, December 16, 2013

[New] Sold 2 NFLX 360/355 put credit spread

I sold 2 weekly NFLX 360/355 put credit spread for 1.25 or $250 (2 contracts) less commissions. With options expiring this Friday, we'll see what it'll do.

Friday, December 13, 2013

My spread result

I happened to jump in when markets are in a reversal mode (isn't it always? :D).

PCLN went close to all time high, but then turned around, sold off very hard, making my spreads in the money. What's worse was I created another put spread 1175/1170 to offset some, but boy was I wrong. This added another $200ish loss.

AMZN acted great, but again, it turned around and ended up being a scratch trade.

NFLX was the only one that did well with a max profit.

I'm still holding USO. It's about -$125, but it's a long term position, so we'll see.

I'm overall about -$70 for the year. Good news is I was able to pull the trigger and I'm still surviving.

Wednesday, December 11, 2013

USO Apr 37 call

Bought 10 Apr 37 call. It's been a while since I actually long, especially out of money, options, but I like CL.

Tuesday, December 10, 2013

PCLN, NFLX, AMZN spread

Today I created 3 put spreads. -NFLX 355/360 PUT spread for 1.41 -AMZN 380/385 PUT spread for 1.21 -PCLN 1180/1185 PUT spread for 1.75 (less commissions) All expire this Friday.