So I took CHRW calls into earning because I wanted to all or nothing trade.
And it turned out to be nothing.
Due to personal reasons I was not able to do much trading last month and I paid for it.
I am officially closing this challenge and going to start new soon. May be next week.
I bought 3 March 57.5 calls in CHRW.
I am planning to take these off if I get gain before earning 02/05.
I was little busy recently. So could not post any trades.
I posted on stocktwit that I closed my 4 DO calls for $1.50 and then I could not post for other exit.
So to be fair, I will keep my current account value as
4×150 = $600
So total cash it $787
I will start trading again tomorrow.
I am holding my DO calls going into holidays.
DO got some bounce today. But today does not count as day before holiday is just a noise. Need to see if DO can continue this pop on 26th or is it going back to downward slop ?
Bad start of the challenge just like last time. I really need this next trade to work or it will be more difficult to get out of this hole.
I bought 8 calls Jan 55.5 strike in DO for $1.50
I was doing bottom fishing once again like HAL and EWZ. This time I am going to stop sooner.
I was under the weather last week so I was not able to blog.
I bought 5 EWZ 44 Jan calls yesterday (12/17/2013) for 1.57 ( 5 calls)
And already sold it for 1.29 today on 12/18/2013
Closed my HAL calls for 1.08
Both of them are losers.
HAL – ($445)
EWZ – (168)
Account value: $1387
I took first trade for new challenge.
Bought 5 Jan 50 calls for $1.97
Currently, HAL is pulling back. I understand that I am trying to catch falling stock but HAL has been very good for 2013 and I see year end buying in this name.
Sitting right at 100days here. I will watch this trade very closely because I Can not afford major draw down in initial trades. I will not allow more than 30% loss in HAL.
Stay tuned ……………..