Option picks - place some of your option here

Other Investments

Moderator: Aitrus

User avatar
Winner
Posts: 621
Joined: Wed Jan 06, 2010 10:40 am

Re: Option picks - place some of your option here

Post by Winner »

“A brave man knows the circumstances and consequences of what he may encounter ahead…..but moves forward anyway.”


BodhiDrool
Posts: 121
Joined: Mon Aug 01, 2011 1:12 pm

Re: Option picks - place some of your option here

Post by BodhiDrool »

In my virtual opened GLD Jul 12 $155 Call @ $4.55, first stab at options and have a lot to learn. I meant to only go out 1 month, but oh well it's virtual.

User avatar
Winner
Posts: 621
Joined: Wed Jan 06, 2010 10:40 am

Re: Option picks - place some of your option here

Post by Winner »

BodhiDrool,

Open a new one and try this bought $155 July and sold $165 or $170 June to save you $56 or $26 per contact on premium and it it reach to either $165 or $170 you still profit over 100%. Save even more if you go with July. I like calendar spread because more potential profit for $165 or $170 expire worthless. Even with swing trade I still see more profit (% increase) since you put less money up front and more power to buy more contracts.

You too skiehawk11,
APPL with $20 spread save more than $5 for time premium.
“A brave man knows the circumstances and consequences of what he may encounter ahead…..but moves forward anyway.”


BodhiDrool
Posts: 121
Joined: Mon Aug 01, 2011 1:12 pm

Re: Option picks - place some of your option here

Post by BodhiDrool »

Ok, I'll give it a try!

User avatar
Winner
Posts: 621
Joined: Wed Jan 06, 2010 10:40 am

Re: Option picks - place some of your option here

Post by Winner »

All my trade are debit spread.

I just bought Gold PUT $154 same strike May19 / sold May11 for $.73
Also bought FLS PUT $105 same strike JUNE/sold May19 for $1.6 (I sold $105/$95 June spread for 167% in 3 trading days on 5/8 as I previously mentioned on 5/4 at Winner's FantasyTSP Account).
“A brave man knows the circumstances and consequences of what he may encounter ahead…..but moves forward anyway.”


User avatar
Winner
Posts: 621
Joined: Wed Jan 06, 2010 10:40 am

Re: Option picks - place some of your option here

Post by Winner »

2,100%
“A brave man knows the circumstances and consequences of what he may encounter ahead…..but moves forward anyway.”

BodhiDrool
Posts: 121
Joined: Mon Aug 01, 2011 1:12 pm

Re: Option picks - place some of your option here

Post by BodhiDrool »

...and why have I been slacking on learning everything I can about options??? Oh well, all in time I suppose. Nice work winner.

User avatar
Winner
Posts: 621
Joined: Wed Jan 06, 2010 10:40 am

Re: Option picks - place some of your option here

Post by Winner »

This article related to calendar spread...
http://seekingalpha.com/article/583681- ... erts&ifp=0
“A brave man knows the circumstances and consequences of what he may encounter ahead…..but moves forward anyway.”

User avatar
Winner
Posts: 621
Joined: Wed Jan 06, 2010 10:40 am

Re: Option picks - place some of your option here

Post by Winner »

I have the follows open

PUT: gld (326% gain), aapl (today less than 10 minutes ago 12%), fas (today 8.5%), fls (44%) & rimm (53%)

CALL: exp (2%)
“A brave man knows the circumstances and consequences of what he may encounter ahead…..but moves forward anyway.”

skiehawk11
Posts: 2116
Joined: Wed Jan 05, 2011 2:32 pm

Re: Option picks - place some of your option here

Post by skiehawk11 »

Opened two positions on SPY

SPY AUG 12 140 puts for .97 cents - 250 dollar position - (approximately x50 leverage)

SPY SEPT 12 140 puts for 2.86 - 500 dollar position - (approximately x20 leverage)

The AUG has more risk so I would advise against it or at least risk less capital with it.

User avatar
Winner
Posts: 621
Joined: Wed Jan 06, 2010 10:40 am

Re: Option picks - place some of your option here

Post by Winner »

FAS PUT CALENDAR SPREAD AUG 12 93 @ 2.64 & 2.16 AVERAGE 2.4 & Sold WEEKLY AUG 10 89 @ .38 = average cost 2.02
“A brave man knows the circumstances and consequences of what he may encounter ahead…..but moves forward anyway.”

skiehawk11
Posts: 2116
Joined: Wed Jan 05, 2011 2:32 pm

Re: Option picks - place some of your option here

Post by skiehawk11 »

I was thinking of doing a spread, but decided not to. In your experience trading options when should you do a spread and when should you do a straight call or put?

Post Reply

Fund Prices2024-03-28

FundPriceDayYTD
G $18.15 0.05% 1.05%
F $19.08 -0.06% -0.74%
C $82.21 0.11% 10.55%
S $82.43 0.30% 6.92%
I $42.57 -0.24% 5.95%
L2065 $16.38 0.02% 8.37%
L2060 $16.39 0.02% 8.38%
L2055 $16.39 0.02% 8.38%
L2050 $32.73 0.01% 6.95%
L2045 $14.91 0.02% 6.58%
L2040 $54.38 0.02% 6.22%
L2035 $14.34 0.02% 5.79%
L2030 $47.67 0.02% 5.38%
L2025 $13.15 0.03% 3.43%
Linc $25.61 0.03% 2.82%

Live Charts

Pending Allocations

Under development. For now, you may view Pending Allocations by going to "fantasy TSP" and selecting "Leaderboard sort" of "Pending Allocations".