Wednesday, June 12, 2013

My Options Account on June 12th, 2013

Today has started out poor.  The overall market is now down and my stocks are down as well.  I'm watching Apple closely since I have 8 contracts of the 435/430 put credit spreads.  The stock is currently down 3.70 to 433.90 so I'm over one dollar in the money and down $493 on my strategies.  I really need Apple to rebound and head back up.  I'm not buying these positions back just yet because I think this downward movement is a little overdone.

AMZN is down 2.93 to $271 which is only one dollar above my 270 strike on the 270/265 put credit spreads.  I'm down a total of $280 on these strategies.  Still holding.

NFLX is down 4.80 to 209.70 and I have the 205/200 put credit spreads.  My overall loss is $148 so far today.

TSLA is up $4.50 which is very nice and I'm up $490 on my strategies so far today.

Overall my account balance is down $540 so far today.  Things could get a lot worse but I'm really expecting to finish the day up.  I will post after close.

Jonny

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