CRAZY gains thread..1000% gainers or more. (options) - Page 34

Quote:

Originally Posted by mjoke 

really with PCLN i feel it needs to be intraday.. as other items are factored into it and the rise and fall of the stock. Its not a pure only stock.

Might get lucky .. might not.. but i expect it to rise on monday not decline.

mjoke,

yeah, i have my doubts here and i'm learning the hard way that in the future i should only do:

1) plays that have the premium beaten down on a bounce up(from possible covering or too many down days) but trend is down 

2) short time period like you said

(my NFLX PUT worked perfectly on a beaten down entry that popped)

probably will not get lucky on the NFLX and PCLN plays.. only wagered money i was comfortable with but.. never feels good so pretty much these are now lotto plays.  if the market gives me a chance to get close to breaking even on these through any kind of luck i'm going to take it right away 

Quote:

Originally Posted by barbellman 

 

either way one of us is going to be in a lot of pain this week lol..  what is your bail out point? for me i'm at a point where its gotta tank huge or forget it .. premium is getting sucked dry

everything in the charts looks primed to drop but you know how that goes 

 

If we blow through the 20 day.. i think this thing could really pick up speed here.  I'm not seeing any conviction from buyers in the volume here that along with the general market/europe maybe I get what I need here on these 710 puts.  

 

Not sure about my bail out point yet, but I don't see it breaking the 20 ma here. Even if it does it has more support in the $710 - $720 area. But, It's right at its 50% fib arc area which I think it will break through and shoot higher back to at least the 52 week high...and eventually head for $800.

It was showing a lot of strength yesterday against the nasdaq which got killed so I think it's alright for now.

Quote:

Originally Posted by mjoke 

really with PCLN i feel it needs to be intraday.. as other items are factored into it and the rise and fall of the stock. Its not a pure only stock.

Might get lucky .. might not.. but i expect it to rise on monday not decline.

Man PCLN on days like yesterday can bring huge gains on the intraday swings if you can manage to nail the bottoms/tops. Those weekly's are crazy!

Quote:

Originally Posted by mjoke 

ya those weeklies are crazy.. more so if you get on the wrong end eh.

 i would never ever say hold them overnight as i did .. never again .. take it when you can get it on those bastards cuz its not lasting for long.  lol.

I never used to hold overnight...but ever since you started this thread I've been trying to get 10 baggers and I keep losing by holding overnight.... thanks a lot mjoke!

i think we need to create a second thread, "crazy losses thread - 50% or more options" and put in our worst trades... lol.

i might have a few to put in there at the end of this week. 

Quote:

Originally Posted by barbellman 

i think we need to create a second thread, "crazy losses thread - 50% or more options" and put in our worst trades... lol.

i might have a few to put in there at the end of this week. 

lol my LNKD trade which i was holding out for a multi bagger ended up expiring worthless. I was up 170% ...lost it all. Damn greed 

Quote:

Originally Posted by o7media 

lol my LNKD trade which i was holding out for a multi bagger ended up expiring worthless. I was up 170% ...lost it all. Damn greed 

Same with me and AAPL, on Tuesday I was up $10k now I'm down over $9k. "Greed is good." - Gordon Gecko. I care to disagree there.

Quote:

Originally Posted by barbellman 

i think we need to create a second thread, "crazy losses thread - 50% or more options" and put in our worst trades... lol.

i might have a few to put in there at the end of this week. 

Here ya go: http://profit.ly/1Mms3z AAPL calls this week because losing money is fun! (Oh and I could of sold them for +1k but I got greedy as well. Didn't expect AAPL to stall out like that)

I lost a shit load on AAPL calls last year during iPhone 4s earnings but that's my worst trade since I started keeping track on profit.ly 

On a side note, my GOOG puts yesterday shoulda been 4 bags but I took profits at 50%. Silly me... http://profit.ly/1Mms3u

Quote:

Originally Posted by chhansen 

 

 

Here ya go: http://profit.ly/1Mms3z AAPL calls this week because losing money is fun! (Oh and I could of sold them for +1k but I got greedy as well. Didn't expect AAPL to stall out like that)

 

I lost a shit load on AAPL calls last year during iPhone 4s earnings but that's my worst trade since I started keeping track on profit.ly 

 

On a side note, my GOOG puts yesterday shoulda been 4 bags but I took profits at 50%. Silly me... http://profit.ly/1Mms3u

Here's mine http://profit.ly/user/OptionRunners .. that market sell off took a toll on my profits.  ....but at least my profit.ly chart made a double bottom ..up from here 

Quote:

Originally Posted by Venom08 

Same with me and AAPL, on Tuesday I was up $10k now I'm down over $9k. "Greed is good." - Gordon Gecko. I care to disagree there.

lol yeah i learned my lesson. gonna use stops now, especially since some volatility is coming back.

Quote:

Originally Posted by o7media 

 

Here's mine http://profit.ly/user/OptionRunners .. that market sell off took a toll on my profits.  ....but at least my profit.ly chart made a double bottom ..up from here 

 

 

 

Lol I blew three weeks worth of gains with two trades. Went into the negatives but shorting GOOG yesterday saved my ass 

OMG GTFO!!!!!

but ya i was in the LNKD play w/ 07media... up $3.5k, ended up getting out for a $1k loss... every since then, i never let a gain like that turn into a loss..sometimes i'm a little bit too careful, but w/e.

if i'm up a thousand i'm out. a thousand a day keeps the 9-5 away.

Quote:

Originally Posted by Venom08 

Same with me and AAPL, on Tuesday I was up $10k now I'm down over $9k. "Greed is good." - Gordon Gecko. I care to disagree there.

Can anybody read this and explain me? im noob in options 

Quote:

Originally Posted by Kalashno 

Hi,

 

 

Yesterday I did my first option, I did a put for 20th April of the company "REP.MC" because they are having troubles in Argentina, the strike was 17 and I paid 0,13 x 100. I bought 3 options so a total of 300 shares.

 

Here's the thing, I had to pay only 39€, and on my interactivebrokers software it says that if i sold now i could get 20€ extra.

 

Would that be multiplied by the total amount of € I purchased? When should I sell it and how? there is no way i can see the spread as it says info is not available.

 

This is the company i went short: http://es.finance.yahoo.com/q?s=REP.MC&ql=1

 

Opened 17,96€, now its 17,44€ and my put was 17€. When do I start making profit?

 

I also did those:

Apr20 4 PUT NOK (Nokia) @ 0.14725
May18 20 CALL CHK (Chesapeake Energy Corporation) @ 1.12725

 

Can anybody explain me a little bit? I'm kinda lost

 

Please help! :D

Quote:

Originally Posted by Kalashno 

Can anybody read this and explain me? im noob in options 

http://www.hotstockmarket.com/a/option-trading

There's no easy way to explain it, you're going to have to read it up but you will make money as long as the price drops because you have a put. Sell it before the expiration date if you are profiting. If you are losing money, cut losses before you lose it all. Expiration date is key so please read the part about option premiums and timing in the wiki article. 

Quote:

Originally Posted by Kalashno 

Hi,

 

 

Yesterday I did my first option, I did a put for 20th April of the company "REP.MC" because they are having troubles in Argentina, the strike was 17 and I paid 0,13 x 100. I bought 3 options so a total of 300 shares.

 

Here's the thing, I had to pay only 39€, and on my interactivebrokers software it says that if i sold now i could get 20€ extra.

 

Would that be multiplied by the total amount of € I purchased? When should I sell it and how? there is no way i can see the spread as it says info is not available.

 

This is the company i went short: http://es.finance.yahoo.com/q?s=REP.MC&ql=1

 

Opened 17,96€, now its 17,44€ and my put was 17€. When do I start making profit?

 

I also did those:

Apr20 4 PUT NOK (Nokia) @ 0.14725
May18 20 CALL CHK (Chesapeake Energy Corporation) @ 1.12725

 

Can anybody explain me a little bit? I'm kinda lost

 

Please help! :D

Quote:

Originally Posted by Kalashno 

Can anybody read this and explain me? im noob in options 

You should be in a profit right now then. You said your broker only charged you 39€ which is correct. You bought 3 contracts at 13€ each. (3 x 13 = 39)

Thanks for the answers.

What i did was thinking duh, each share is 17,96€ so if i buy an option which is 100 stocks its 1796€, so i decided to buy 3 options (5k€ is what i could afford)

it doesnt work like that, does it? I should've bought 5k € / 0.13 which is like 650 options in order to "play" with 5k € correct?

Kalashno:

If you wanted to bet 5k € that the stock would go below the price for your option then yes, that is how you would play it. However I would not recommend it this would mean that the stock would need to drop below that strike and if it doesn't you'll lose your investment.

The options cost 0.13€ each (but you have to buy 100 for a contract) so it would cost 13€ for each contract. This means that in order for you to profit, it has to drop to 16.87 on April 20th (your expiration day) however since the stock dropped, the value of your puts went up a little bit which is why you can now sell for a total gain of 20€. It's not multiplied by each contract. 20 / 3 € is the amount each contract has earned you.