6 replies to this topic

[youmast]

[vitaminm]

Interested in options? Check out the Options Center. XAU.X Sep 2007 157.5000 call (OPR:SWOIL.X)

Last Trade: 2.85
Trade Time: 2:55PM ET
Change: 0.25 (8.06%)
Prev Close: 3.10
Open: 4.00
Bid: 3.30
Ask: 3.60

Day's Range: 2.85 - 4.80 <<<<<<<<<<<<<<<<<<<<<??? 2.3 Out of range
Contract Range: N/A - N/A
Volume: 422
Open Interest: 364
Strike: 157.50
Expire Date: 21-Sep-07

[arbman]

Day's Range: 2.85 - 4.80 <<<<<<<<<<<<<<<<<<<<<??? 2.3 Out of range

He says he traded puts not calls?

[vitaminm]

Day's Range: 2.85 - 4.80 <<<<<<<<<<<<<<<<<<<<<??? 2.3 Out of range

He says he traded puts not calls?

u r correct!! /did overlook

http://finance.yahoo.com/q?s=SWOUL.X Day's Range: 2.25 - 3.50

http://finance.yahoo.com/q?s=XGIUT.X Day's Range: 4.50 - 4.50

Edited by vitaminm, 15 September 2007 - 12:07 AM.

[youmast]

Please use "ADD REPLY" button instead of "REPLY". Thank you.


Dear Vitamin,

The reason of this post was... to show how to roll options, how to control risk, what should I do in critical situation, kinda educational stuff...

Usually I tell my people what I buy, or at least when to buy or sell. Very often my position goes down a lot next day. That was a case with XAU puts yesterday, or SPY calls I posted on ssignal last weekend. Some people could copy my trades. I hate if they lose money because of me. I just explain what did I do with my positions. I thought it could be interesting for other "out-of-circle" people.

Okay, you're right... I will never do that again... Sorry.

Regards,




P.S. I just double checked my orders, and yes, I did a mistake with my price of execution....

I sold 20 cents higher in Oct., and bought 5 cents higher in Sept.

Create Time (ET) 09/14/2007 9:49:30 AM Action Sell To Close
Security XAU OCT 162.5 Put (.SWOVM) Quantity 45
Total Cost $39,082.50 Commission $67.50
Summary: Filled 45 @ 8.7 9/14/2007 9:55:19 AME-Confirm


Create Time (ET) 09/14/2007 9:49:30 AM Action Buy To Open
Security XAU SEP 157.5 Put (.SWOUL) Order Quantity 150
Total Cost $35,475.00 Commission $225.00
Summary: Filled 150 @ 2.35 9/14/2007 9:55:19 AME-Confirm


Create Time (ET) 09/14/2007 11:44:44 AM Action Sell To Close
Security XAU SEP 157.5 Put (.SWOUL) Order Quantity 150
Total Cost $47,775.00 Commission $225.00
Summary: Filled 150 @ 3.2 9/14/2007 11:57:57 AME-Confirm

[opinionated]

Youmast, How are trading next week? OPEX....