Thursday, June 13, 2013

My Options Account on June 13th, 2013, Part 1

The market has been open for about an hour so far today and in pre-market most of my stocks were higher but now some of these stocks have turned lower.  The overall market is flat.  My main stock is Apple and I really need Apple to go higher.  Currently AAPL is down 1.19 up from its lows of down about 3.50.  I'm down about $360 on my Apple options.  I'm currently in a position to lose close to my max unless the stock heads back up or I exit the positions at a partial loss.  I'm going to wait it out for I see some buying interest in the stock right now.

Everything else is looking pretty good so far today.  AMZN up 1.17 and my options are up $248.  If this stock stays flat or goes up through tomorrow I'm looking at making a lot.

GOOG is down about $2 so my cushion is getting smaller.

NFLX is up over $2 so this gives me a little more room above my 205 strike.  The stock is currently at 209.73.

TSLA is down a little over $2 at $95.70.  Just need the stock to stay above $92.50.

Here's a few trade recommendations for today:

AAPL 430.88  Sell weekly 420 Put and Buy weekly 415 Put for a net credit of .26.  After commissions this would net a 4.8% gain by tomorrow if Apple can stay above $420.

TSLA $96.06  Sell weekly 92.50 Put and Buy weekly 90 Put for a net credit or .35.  After commissions this would net a 14.9% gain as long as Tesla can stay above $92.50 by tomorrow. 

Jonny

*** Update at 11am Central.  The market has improved and my account is now up $1,110.  AAPL is slightly positive which is what I'm watching very closely.  I have a huge Theta now on GOOG so I don't want to see much movement.  My AMZN options are now up $528.

For Books on options investing and trading please click here: Options Investing

Anyone looking for some ways to get started collecting option premium using the best software please Click Here! or to find undervalued options Click Here!

No comments:

Post a Comment