karennma 8,057 posts msg #125405 - Ignore karennma | 
10/5/2015 10:40:51 AM
  10/5/2015 10:34:25 AM
 karennma 
 5,530 posts 
 msg #125366	10/2/2015 1:57:32 PM 
 BAC (current price $15.14) 
 STO (40) 10-09-15 $14.00 Puts @ .04 (+$160) 
 BTO (5) 10-09-15 $15.oo Call @ 0.36 (-$180) 
 ================ 
 
 Sell (5) 10-09-15 $15 Calls @ 0.72 = $360 (doubled my money, gain $180)
 
 
 This "ask" on the $14 puts is only 0.01, so, the $160 is still in my pocket.
 Net gain $180 + $160 = $340.
 
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karennma 8,057 posts msg #125407 - Ignore karennma | 
10/5/2015 11:01:21 AM
  karennma
 5,532 posts
 msg #125370	10/2/2015 2:44:33 PM
 
 BAC (current price $15.14) 
 STO (40) 10-09-15 $14.00 Puts @ .04 (+$160) 
 BTO (3) 10-16-15 $15.00 Calls @ .55 (-165)
 =====================================
 
 Ha!
 I forgot! I changed the BTO order on Friday to 10-16-15 which is now 0.68 (worth $204).
 I'd still have a gain, but only $39.  After commissions, not much. Net gain drops to $199
 LESSON LEARNED!  Stick with the short term, current week!
   
 
 
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karennma 8,057 posts msg #125408 - Ignore karennma | 
10/5/2015 11:24:00 AM
  Ditto!  
 You're gonna get screwed on the 2 week options.
 Better to trade current week.
 Ask $176 on DOW 10-16-15s
 Ask $200 on DOW 10-09-15s
 
 karennma
 5,533 posts
 msg #125367	10/2/2015 2:33:15 PM
 
 DOW - current price $44.10 
 STO (20) 10-09-15 DOW 40 Puts @ .08 = +160 
 BTO (1) 10-16-15 DOW 44.00 Call @ 1.34 = -134
 
 
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karennma 8,057 posts msg #125409 - Ignore karennma | 
10/5/2015 11:25:51 AM
  Ha!
 DOW must've moved up while I was typing ... 
 Now 10-16-15s are $213!!
 Kewl!
 
 
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karennma 8,057 posts msg #125410 - Ignore karennma | 
10/5/2015 11:38:31 AM
  Holy Smokes!
 Remember this?
 BTO 10-09-15 16.50 call @ .23 (10) -230 
 I bot 'em (Thursday) @ .23 and sold at a loss of .12 the next day (Friday).
 Guess how much they are today?
 1.05!!!!
 
 
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karennma 8,057 posts msg #125413 - Ignore karennma | 
10/5/2015 12:19:05 PM
  karennma
 5,536 posts
 msg #125409
 - Edit message	10/5/2015 11:25:51 AM
 Ha! 
 DOW must've moved up while I was typing ... 
 Now 10-16-15s are $213!! 
 Kewl! 
 
 =================================
 
 Ok, WT*!  DOW is almost $46 and options are NOT moving.
 :>(
 
 
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karennma 8,057 posts msg #125414 - Ignore karennma | 
10/5/2015 12:33:14 PM
  Ok.  Now, I''m witnessing MMs CHEATING on option prices.
 Or is it that I don't understand?  
 DOW has moved up 30 cents in the last 40 minutes, but the option price has not gone up.
 Weird.
 
 
 
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karennma 8,057 posts msg #125417 - Ignore karennma | 
10/5/2015 12:54:20 PM
  karennma
 5,538 posts
 msg #125367	10/2/2015 2:33:15 PM
 
 DOW - current price $44.10 
 STO (20) 10-09-15 DOW 40 Puts @ .08 = +160 
 BTO (1) 10-16-15 DOW 44.00 Call @ 1.34 = -134
 
 DOW @ $46.50!
 Sell DOW 44 10/16/15 call @ $2.41
 1.34-2.41 = Net gain on call = $107
 Plus $160 on puts - (160+107) Net gain = $267 (unless DOW drops below $40 in next 3 days)
 
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karennma 8,057 posts msg #125418 - Ignore karennma | 
10/5/2015 1:30:20 PM
  Problem w/ doing all these is keeping track of what you've got.
 
 
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karennma 8,057 posts msg #125435 - Ignore karennma | 
10/6/2015 9:41:22 AM
  Long Call HPQ
 
 B (10) Oct 16,  27.00 Calls @ 89 ($890)
 
 
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