Options for Beginners > Trade Notes

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This group is for brand new option traders. If you've never traded an option, this groups for you. Although... we would like to have some experienced option traders to help us through the more difficult trades. I will start this group with a simple covered call. This will be my first option trade, so the excitement starts right away. We will be using The Options Playbook as our guide. Everybody can ask all and any questions without the fear of looking like an idiot.

Active Since 10/21/08

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Options for Beginners: Trade Notes
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Sold ANSS at 40.15

This one is just a left over from a sale made a month ago. There were 4 shares that did not sale with ... more

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Bought to Open BAX LY at 0.50

Ok, finely in at .50. This may trade down some more today and maybe tomorrow. Nice chance for a little... more

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Bought to Open BAX WK at 1.00

Bought these on the chance this may continue to fall. With luck it will. Will set this tight because I... more

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Sold to Close OOC LH at 0.14

Again, if DRYS hits 7 or by some chance 8, I will short the stock, big time. Unless there is some unde... more

Edited by idid at 11/11/09 at 11:13 AM
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Sold to Close OOC KJ at 0.08

Drys, while is used to be a great play, esp during earnings, has flopped of late. The debt restructuri... more

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Sold to Close F KK at 0.30

Sold at .30. Gain of alittle more than 8%.

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Bought SNWT at 0.91

Hoping this five for 1 split goes my way follow-up on 11-7well, stock split on 11-2share price changed... more

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Bought to Open F KK at 0.24

With the earnings report this morning, F may go all the way to 8 today or tomorrow. I can hope anyway.... more

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Bought to Open RUW XH at 18.10

Need this to get me flat. RUT is killing me...

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Bought CAB at 13.98

I hate times like these. Everything I own is RED! RED I say! Fortunately, I am long everything but DRY... more