The stop price was hit on the GLD Put trade. The trade ended profitable. Stats are below.
Type: July GLD $134 Put
Entry Date: June 14
Entry Price (with commissions): $3.19
Exit Date: June 21
Exit Price (after commissions): $8.95
**Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. **
Friday, June 21, 2013
Thursday, June 20, 2013
Starbucks Trade Over and Profitable
The stop price was hit on the Starbucks July $65.00 call trade. The trade was profitable. Stats are below.
Type: July $65.00 call
Entry Date: June 13
Entry Price (including commissions): $195.00
Close Date: June 19
Close Price (after commissions): $231.00
**Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. **
Type: July $65.00 call
Entry Date: June 13
Entry Price (including commissions): $195.00
Close Date: June 19
Close Price (after commissions): $231.00
**Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. **
Tuesday, June 18, 2013
Update on Starbucks July $65.00 Call Trade
Starbucks has moved past $67.00. Therefor the July $65.00 call option price has risen to a point where the stop price now guarantees a profit on the trade.
**Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. **
**Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. **
Update on GLD Trade
GLD has moved below $132.00 today. Because of this move, the price of the put has moved into a position where the stop price now guarantees a profit.
**Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. **
**Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. **
Monday, June 17, 2013
June 17 Current Holdings
These are the current holdings for the trading account:
- Starbucks (SBUX) Jul $65 call. Currently the trade is Code Yellow.
- Amazon (AMZN) June 22 $290 call. Currently the trade is Code Orange.
- Gold ETF (GLD) Jul $134.00 put. Currently the trade is Code Orange.
**Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. **
- Starbucks (SBUX) Jul $65 call. Currently the trade is Code Yellow.
- Amazon (AMZN) June 22 $290 call. Currently the trade is Code Orange.
- Gold ETF (GLD) Jul $134.00 put. Currently the trade is Code Orange.
**Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. **
Color Code Status for Trades
The following are the color code designations for trades.
Red - This is where the trade is over and it is time to sell at a loss. The stock has fallen to the stop loss.
Orange - This is where the stock is lower than the cost basis of the purchase but higher than the stop loss price.
Yellow - This is where the stock is above the cost basis of the purchase but lower than the target price.
Green - This is where the stock has surpassed the target price.
Red - This is where the trade is over and it is time to sell at a loss. The stock has fallen to the stop loss.
Orange - This is where the stock is lower than the cost basis of the purchase but higher than the stop loss price.
Yellow - This is where the stock is above the cost basis of the purchase but lower than the target price.
Green - This is where the stock has surpassed the target price.
Friday, June 14, 2013
Welcome
This space will be dedicated to most things trading. The focus of the blog will be on trades made. But other information and news will be posted here as well. Feel free to comment respectively on any of the posts. Good luck to all.
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