Here is the week's trading in review. There were gains,losses and more purchases. The major lesson learned this week is that it is not wise to choose tops or bottoms and to wait for confirmation.
Profits taken:
An August QQQ $74 Call was sold as the profit stop price was hit. The trade ended Code Green
A GLD August 2nd $121.00 Put was bought and sold as the loss stop price was hit. The trade ended Code Red.
An August JPM $55 Call was purchased.
An August USO $38 Put was purchased.
Two August SBUX $72.50 Calls were purchased.
**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. **
Showing posts with label JPM. Show all posts
Showing posts with label JPM. Show all posts
Saturday, July 20, 2013
Thursday, July 18, 2013
New Trade in JPM August Calls
A new trade purchasing the JPM Aug $55.00 call has happened. The calls were purchased for $1.82. The target is $3.50. The stock is currently trading at $56.14.
Other current trades include an Aug 16 NTAP $40.00 call and an Aug 2 GLD $121.00 put.
**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. **
Other current trades include an Aug 16 NTAP $40.00 call and an Aug 2 GLD $121.00 put.
**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. **
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