Sunday, October 21, 2007

3 winning trades..... $1k profit!

SR POOL 30 P (IV: 45.8%) x4
16-Oct Tue, Entry 4.2 (26.09) $1680
19-Oct Fri, Exit 5.4 (24.46) $480, 28.6% profit

SR MCO 50 P (IV: 52.6%) x3
16-Oct Tue, Entry 4.4 (47.47) $1320
19-Oct Fri, Exit 4.5 (46.8) $30, 2.3% profit
IV is actually too high, but just to try out and also cos it's 20% SL vs 59% profit target. But once again, I'm unable to make money with high IV trades.

IAE FST 50 Straddle x2
SometimeAgo, Entry 5.1
19-Oct Fri, Exit 7.6 (46.8) $500, 49% profit
Still keeping the Put option worth 0.05c in case got jackpot.

Wednesday, October 17, 2007

17-Oct

Currently holding these 2 trades. Have been losing on some BM and Investing trades. Reverting back to good old support resistance.

SR POOL 30 Nov P 45.8%

10-Oct-07 Stock ($) Option ($)
Weds Entry 26.09 4.2 0.0%
SL: 26.9 3.1% 3.30 -21.4%
Target 24.08 -7.7% 5.80 38.1%
Exit


SR MCO 50 Nov P 52.6%
10-Oct-07 Stock ($) Option ($)
Weds Entry 47.47 4.4 0.0%
SL: 49.1 3.4% 3.30 -25.0%
Target 42.8 -9.8% 7.00 59.1%
Exit 47.78 0.7% -100.0%