The market was down early and I repositioned some of my strategies (AAPL, GOOG) by buying back some of my call credit spreads and re-selling the call credit spreads closer to the stock price. Reversal in GOOG's stock price hurt me along with Apple being down over $6. I only lost 0.83% on the day so it wasn't the worst day. But I created some very risky situations and will be watching Apple and Google's stock closely tomorrow. Apple is currently at 438.85 and I need the stock to stay above 435 and below 445. Its a small window. GOOG is up to 864.49 and I repositioned 2 of my 5 contracts to the 860/865 call credit spread and this is currently in the money and in the red so I need Google to go down a little tomorrow, which I'm not too confident in.
If I have to take a loss on the 2 spreads I'll be just fine. My other strategies are all looking good. I'm guessing I won't see full profits tomorrow especially with the jobs report coming out but as long as I make a profit tomorrow I'll be happy.
Jonny
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