It was awesome to see this morning that Goog was down and aapl was up. I got out of my goog put and actually made $60.
I'm going to put in a stop order on AAPL, but not quite as close as usual b/c I really do think that AAPL is on its way back up to $500 per share.
I saw GLD got to 134.62, I hadn't bought my calls at that time. I just went ahead and bought 7 $135 June Calls for 2.65 / contract. Any kind of bad news over the weekend in Asia or Europe may trigger more currency volatility. If so, GLD may be on its way to $150 as I've suspected for a few weeks. Consumer confidence is up in the US, but that's not usually 'good' news for the fundamentals.
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It was awesome to see this morning that Goog was down and aapl was up. I got out of my goog put and actually made $60.
I'm going to put in a stop order on AAPL, but not quite as close as usual b/c I really do think that AAPL is on its way back up to $500 per share.
I saw GLD got to 134.62, I hadn't bought my calls at that time. I just went ahead and bought 7 $135 June Calls for 2.65 / contract. Any kind of bad news over the weekend in Asia or Europe may trigger more currency volatility. If so, GLD may be on its way to $150 as I've suspected for a few weeks. Consumer confidence is up in the US, but that's not usually 'good' news for the fundamentals.
HD85...it's just like selling a stock. I usually sell with a stop order. I put a stop price on GLD at $2.10. I'm basically risking $52 x 7 = $364 on GLD. However, if the market opens these contracts on Monday lower than $2.10, then I'll be stuck having sold it at that level.
Ever tried trading options before? I may be able to help. They're risky.
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HD85...it's just like selling a stock. I usually sell with a stop order. I put a stop price on GLD at $2.10. I'm basically risking $52 x 7 = $364 on GLD. However, if the market opens these contracts on Monday lower than $2.10, then I'll be stuck having sold it at that level.
Ever tried trading options before? I may be able to help. They're risky.
Okay...I just tightened up my stop order on AAPL just after it made a decent upside move to 457. There may be some profit taking here on the last day of May. I believe the next entry point for AAPL will be about 448/450 range. BOL
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Okay...I just tightened up my stop order on AAPL just after it made a decent upside move to 457. There may be some profit taking here on the last day of May. I believe the next entry point for AAPL will be about 448/450 range. BOL
GLD is currently trading at 135.71. I added to my position this morning as I saw the market react downward to relatively positive data. GLD is now in a position, IMO, where it's bullish on both good and bad economic news/data.
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GLD is currently trading at 135.71. I added to my position this morning as I saw the market react downward to relatively positive data. GLD is now in a position, IMO, where it's bullish on both good and bad economic news/data.
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