My Options Account on June 11th, 2013

Today has started out exactly how I was hoping.  The overall market is down and the stocks I wanted to go down are down.  The big stock I was looking at was Amazon (AMZN).  AMZN is down about $4 today and I sold the remaining 270/265 Put Credit Spreads to complete my Iron Condor.  I now actually want the stock to head back up a little.  After an hour and a half I'm up $422 on my Condor (8 contracts).  That is a cool 15% gain in the first hour and a half.

The other stock I wanted to decrease today is GOOG.  I have 8 contracts on the 905/910 call credit spread along with 5 865/860 Put credits and 3 855/850 Put Credits.  The stock is down 6.82 to $883.  I'm looking really good on my strategy so far this week.  Up $115 on the day so far for a percentage gain of 3.7%.

I wanted Apple to increase today since I was getting too close to my 435/430 Put credits (7 contracts).  The stock is up 1.31 to 440.20 today.  Still want them to go up a little to give me a some cushion.  But I'll take the $172 gains so far today.

NFLX is down 2 today.  I'm up $50 on my 4 Contract Iron Condors.

PLCN is down 6 today.  I'm up $35 on my 2 Contract Iron Condors.

The only position I'm down on today is TSLA.  The stock is down 2.90 to 97.20.  My 8 contract Iron Condors are down $60 so far today.  I expect to make money by days end on this position due to more time decay.  If the stock drops more then I will be down.

Overall, my account is up $817 or 5.6%.  Not bad when the overall market is down about 0.50%.

Jonny

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