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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Bought CSCO at 23.60

I really, really, really should have bought this premarket, when I could have bought for 23.5 or lower... more

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Bought to Open SLV DQ at 2.05

I am usually a seller of options, but bought 5 contracts of  the April 10 SLV calls ATM @ 17.00.&... more

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Sold C at 4.73

Took quick profits and will wait for yet another pull back to buy again.

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Sold HPT at 20.56

Out with a small gain. It hit my sell point.

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Bought DRYS at 6.24

Earning play. Hope for this to hit 7 or more next month.

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Sold INTC at 19.00

Better places for this money right now.

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Bought INTC at 19.09

I bought this on margin. My first margin buy. I was hesitint to use the margin play, but Intell was up... more

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Bought C at 4.32

Buying opportunity.

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Bought HPT at 20.26

Stock was up graded to "out perform" this morning. Hoping for a little profit. Market is not being kin... more

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Sold CIT at 1.34

Time to pull the plug on CIT. Stock will be worthless in weeks. Is now as far as I am concerned. Bond ... more