Friday, July 12, 2013

My Options Account on July 12, 2013

Well, today didn't go how I planned.  I was banking on NFLX staying within my strikes but the stock was up 12.  PCLN was also up big.  It was just a bad week overall.  Something I have trouble with is knowing when to exit positions and when to hold.  Last week it worked to hold and this week it hurt to hold.  I lost a lot and will get back on track next week.  My strategies work really well when my stocks (or overall market) don't move up or down by a large margin.  This week I saw some very extreme stock increases (See PCLN, AMZN, NFLX, etc).  The good news is I still have plenty of money left and just need to make money every week from here on out.  Next week should have a lot of opportunities to make some profits.

Jonny

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