Today is expiration Friday for my weekly options. Its about 10 minutes before open and the futures are pointing slightly down. That is what I was hoping for. Unfortunately, Google is up about $3 pre-market. I really need Google to stay flat or decrease so I'm looking for a gap up then decrease. At the the same time I want to see Apple flat or up. So, either way you look at it I'm expecting to take a decent loss on one of the two strategies. Hopefully not both. I'll give an update soon.
** Update at 9:11am Central. Google is up 5.25 and was up as high as $7. I'm down $1,108 on my Google options. I'm going to work on getting out at a partial loss soon unless I see some downward momentum. Apple is down 1.64 so its not going so well. Even on Apple options so far.
***Update at 9:40am Central. Google has gone down and is now only up about 1.00. I'm now even on my options. I haven't bought back anything yet. On the other hand, Apple is also down from where it was and is down 3.62 and I'm down $581 on my Apple options. Overall I'm up $80 on my account. My goal is just to make a profit today.
Jonny
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