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 Starbucks. Show all posts
Showing posts with label Starbucks. Show all posts
Saturday, July 20, 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. **
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. **
Subscribe to:
Posts (Atom)