- The market was up some led by Boeing. Technology stocks were flat most of the day including FANG. Tariff talk sped up in the afternoon into the close. There is always money to be made whether the market goes up or down.
- Alphabet opened up a little but the stochastic lines indicated that it was going up more than what it did. I bought my first set of Call Options when it came back to the open price within the first 5 minutes of market open. I missed my sell mark by $50 a contract as I bought them for 7.10 and sold for 8.18 on 1175 strike option.
- I bought one more call option with the same strike price for 6.80 when Alphabet went down to 1169 as shown in the illustration and sold with a limit order of 8.50. I stopped looking at Alphabet for the rest of the afternoon.
- I moved to trading Boeing options because it had a large run up and came back closer to market open with signals pointed that it was going back up. I bought 347.50 strike price Call Options for 2.24 and wanted to sell for 3,but took the first peak at 2.81. I could have gotten 3 if I held but I didn't want the disappointment of not taking a profit when I could.
Tuesday, July 10, 2018
Market Excitement on Tuesday
Subscribe to:
Post Comments (Atom)
Profits Only, Please!!!
I have spent the last 2 years trying to figure this day trading with options thing out. I hit an ultimate low this past Tuesday and felt lo...
-
I have spent the last 2 years trying to figure this day trading with options thing out. I hit an ultimate low this past Tuesday and felt lo... -
I would like to own the job title of day trader. To be a successful day trader, you must focus on keeping your losses small and letting you...
-
I typically narow in on one or two stocks daily to profit from options. I feel it is best to know a stock so good that you recognize patter...
No comments:
Post a Comment