HotStockMarket › Forums › HSM Stock Forum › Trade Journals & Stock Tips › Aristo's Option Trades
New Posts  All Forums:Forum Nav:

Aristo's Option Trades

post #1 of 477
10/12/08 at 5:35pm
Thread Starter 
Wzup fellas, figure I join in on the massive option making money event that we are having right now in this part of history. If you know what you doing you can make alot of money right now due to all the factors and volitility. So I am here to join in on the fun also. I will be posting my trades that I partake in right after I place the trade. I have a journal to post also, but im trying to figure out how JROCK posted it so you can see everything. Well come check out my page often and lets make some mooollaa together!!

JOURNAL IS UNDER CONSTRUCTION DO TO THE APPLE PLAY THAT I MESSED UP ON AND WIPED MY PORTFOLIO OUT LOL. IM COMING BACK THOUGH A COUPLE OF TRADES I WILL BE GOOD TO GO. IN THE MEAN TIME LATER THIS WEEK I WILL BE UPDATING THE THREAD. IM GOING TO CLEAR MY JOURNAL OUT AND JUST POINT OUT PLAYS UNTIL I GET ENOUGH MONEY BACK WHERE IT WILL BE INTERESTING TO FOLLOW
Reply
Reply
post #2 of 477
10/12/08 at 5:49pm
i gotta get into options.. just need to re-authorize my account.

im just nervous getting into that side of it... but some say its safer than normal stock options

you can take a screen shot edit it.. and post that on the journal.
Reply
Reply
post #3 of 477
10/12/08 at 6:42pm
Quote:
Originally Posted by mjoke View Post
i gotta get into options.. just need to re-authorize my account.

im just nervous getting into that side of it... but some say its safer than normal stock options

you can take a screen shot edit it.. and post that on the journal.
Safer than normal stock options? I would assume Aristo is playing stock options for trades...
Reply
Reply
post #4 of 477
10/12/08 at 6:51pm
Quote:
Originally Posted by Bishop View Post
Safer than normal stock options? I would assume Aristo is playing stock options for trades...
well there is no safe so thats a little misleading that i said.. i meant the potential is higher.. also u have to use stop losses and such to ensure u dont lose your shirt. *shrugs*
Reply
Reply
post #5 of 477
10/12/08 at 6:56pm
Thread Starter 
yea stock options. I will figure out how to post my journal by tonight hopefully
Reply
Reply
post #6 of 477
10/12/08 at 8:00pm
Quote:
Originally Posted by aristoentertainment View Post
Wzup fellas, figure I join in on the massive option making money event that we are having right now in this part of history. If you know what you doing you can make alot of money right now due to all the factors and volitility. So I am here to join in on the fun also. I will be posting my trades that I partake in right after I place the trade. I have a journal to post also, but im trying to figure out how JROCK posted it so you can see everything. Well come check out my page often and lets make some mooollaa together
Go Aristo!! Good luck and hope you do great!! Will keep an eye on this thread...
Reply
Reply
post #7 of 477
10/12/08 at 9:11pm
Good luck bro! Just don't go "all in" and you will do well. Use 20-30% on each trade max otherwise one bad trade could wipe you out in an hour. Trust me! Or just ask hermanpu or blooey or others that know how it works.

I know I've done it a couple times, but it's been tricky and annoying at times to watch every single minute. I try to get out fairly soon if it comes back near break even or a little profit b/c one turn against me and the option devalues quickly.

As for my screenshot, I just press "printscreen" when I have the spreadsheet up and paste it to a paint program. Then I cut it to size and re paste it to a new sheet and save it. Then I upload it to photobucket and paste the image link on HSM.
Reply
Reply
post #8 of 477
10/12/08 at 10:09pm
Quote:
Originally Posted by mjoke View Post
well there is no safe so thats a little misleading that i said.. i meant the potential is higher.. also u have to use stop losses and such to ensure u dont lose your shirt. *shrugs*
I wasn't jumping on the safer part, I was jumping on the fact that your statement makes no sense. Options/Stock Options go hand and hand so by you comparing options to stock options as to which one is safer (or the potential is higher), it doesn't make sense.
Reply
Reply
post #9 of 477
10/15/08 at 8:20pm
Thread Starter 
I cant get my whole spreadsheet to fit on this thing so I am going to list my trades. As far as today I opened up a FRO put for 25 strike for november expiration. Ris to reward was very good and FRO is catching up to all the other dry bulk shippers who already are down over 30% while FRO was only down 20% and more to come in slowdown and ships possibly being idle.

FRO puts-25 strike- entry .85. Closed at 1.05. yepppi

If i send someone my excel file can they figure it out so i can post it and then show me or explain how to keep it going. Thanks
Reply
Reply
post #10 of 477
10/15/08 at 8:25pm
Thread Starter 
Also got a previous trade I did. I bought previously and made some money on it and then sold it. I entered again only because I saw the selloff in gold as a pullback which was last thursday i think. It pull back allittle more after my entry to come down to 6.00. I didnt have enough capital to buy it to avg down but i got my other buddy into the trade at 6.50. Im going to hold on to my 9.00 entry until i get somemore capital to avg down. I should have waited alittle more but it is cool. So far its looking good for gold building a base around that area. Im expecting a pullback in the dollar near term which will turn this more bullish. Thanks fellas

GLD Calls- 85 strike- entry 9.00- jan 09 expiration

I need help with the journal please someone so I can Keep it nice like JROCK. Everybody else should do the same lets get this Option family rocking with ideas and money making strategies, so we can catch up to JROCK. LOL
Reply
Reply
post #11 of 477
10/15/08 at 8:30pm
Good thread, I've just passed my year mark of trading optinos and I'm finally starting to make consistant trades. I'll start one of these soon!
Reply
Reply
post #12 of 477
10/15/08 at 8:32pm
Thread Starter 
sounds good toxin. If you want just go ahead and open one up to join the crew. Even if you dont have a everyday trade you can still post ideas that you would do if you had the capital or ones that you have done. If i dont have the capital i will still post some good trades on my thread. Call it some freebies.
Reply
Reply
post #13 of 477
10/16/08 at 3:12pm
Thread Starter 
FRO NOV 25 strike Put Hight yield shows fear in the stock DIv yield is 36% come on. Oil slowing down they had high rates because oil was high and so was demand. Not anymore same with commodities. They are going to have idle ships laying around. Earnings comming next month week after expiration but everybody is playing Nov month. Also DRYS comes out with earnings on the 4th which street is expecting to be negative which will float all the other shipping stocks down. Lets make some cash

in at 1.40 on my friends account. In at .85 on my account.

Gonna break 30 break on 30 next major support is 18$ pay attention.
Reply
Reply
post #14 of 477
10/17/08 at 3:32am
this is just my opinion as anything can happen and not trading advice but after looking at FRO this is the option trade I would do...just to show you different way people see same option chains

I would buy the Feb 09 30 call @ 6.70 and sell the Nov 08 35 call for 2.90

here's the profit and loss not including comissions...check the numbers yourself no guarantees i did math right...

$380 max loss
27 = -380
28 = -380
29 = -380
30 = -380
31 = -280
32 = -180
33 = -80
34 = +20
35 = +120
36 = +120
37 = +120
$120 max gain - unless 35 expires worthless and then profit unlimted on 30 you are long

but here's the kicker....the long call is a feb 09 and the short call a nov 08, so if FRO is under 34 where you would have a loss...the call you are short expires worthless and you still hold the feb 09 30 call at a cost of $380

i see a positive both ways...if it goes up I make $120 on a $380 investment, if it goes down short term, i get a 30 feb call for $380....if it ends up just under 32 ish....i could let 35 expire and sell the 30....could still be a lot of premium in the 30 as long as still in current price area...if it tanks yes I am hosed....but i still own the 30 for 3 more months
Reply
Reply
post #15 of 477
10/17/08 at 3:43am
Thread Starter 
Looks good but im not bullish on the stock im bearish. Also if that price was to go over 35 you will be excercised and force to sell the stock and you are not covered on that trade
Reply
Reply
post #16 of 477
10/17/08 at 3:49am
I would not do the trade selling and buying the same month (NOV). That's too close to a 50/50 shot to me and like you say profit is limited. Only reason it looks good to me is the one I am buying is the FEB 09. Opens up more options to profit. If 35 NOV expires worthless, profit is unlimted on the FEB 30.
Reply
Reply
post #17 of 477
10/17/08 at 3:53am
Thread Starter 
yea but im not bullish zixi. Im bearish you have a bullish trade on. I think its heading lower.
Reply
Reply
post #18 of 477
10/17/08 at 3:55am
whats cool is we both can profit...have it go down till nov then up

Reply
Reply
post #19 of 477
10/17/08 at 3:59am
Thread Starter 
yep it would definitly get some bounce after it hits my price target. I am giong to post my PnF chart and my Candle stick chart. Boy if this trade goes right im giong to be good.BRB
Reply
Reply
post #20 of 477
10/17/08 at 4:12am
Ah Ive been reading up on all the negatives bout company and industry.
Reply
Reply
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Trade Journals & Stock Tips
HotStockMarket › Forums › HSM Stock Forum › Trade Journals & Stock Tips › Aristo's Option Trades