Tuesday, July 16, 2013

My Options Account on July 16, 2013

The market was down slightly as I was predicting.  AAPL was up 2.90 and AMZN was up .3.  Those were my winners today.  My big loser was TSLA which was down 19.00 after a Goldman Sachs downgrade.  PCLN was also down $9.50 and NFLX was up 2.50.  I lost $1,010 today and will need some help the rest of the week to make a profit.  Here is what I am hoping for:

AAPL - stay the same
AMZN - stay the same or go up slightly
MA - Go UP
NFLX - Go Down
PCLN - Go Up
SPY - Go Up
TSLA - Go Up

I repositioned my PCLN call spreads and now have 2 contracts of the 920/925 and 4 contracts of the 930/935 credit spreads.  I also bought a NFLX 255 Put for 1.15 and repositioned by TSLA call credit spreads to the 125/130.

I had decisions to make tomorrow.  Do I hold or do I buy back?  Its still early in the week so I will wait on it to see what happens tomorrow.  

Jonny

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