Tuesday, July 2, 2013

My Options Account on July 2, 2013

Today was an interesting day.  The market was up early, then went down, then back up a little.  My positions are all the same as yesterday except Apple.  I bought back my 2 contracts of the 395/390 Put Credit Spreads and Sold 2 contracts of the 405/400 Put Credit Spreads.  Apple went up 9.79 to 419.01 so it is getting very close to my 420 Call Strike.  I'm nervous about these options now and will watch closely tomorrow morning.  I believe the market closes at 1pm EDT tomorrow. 

All my other positions made money today and even though I lost $282 in Apple my account was up $495 on the day.  I'm a little uneasy about Apple, Google, and Mastercard right now. I need Apple to stay the same or go down and I need Google and Mastercard to stay the same or go up.  I hate situations like this because I generally will lose on one or two of my positions.  Tomorrow will be telling.

Jonny

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