Weekly Recap February 9, 2018

February 9, 2018by adminc0

Trades listed in the weekly recap, which are part of our options trading services, either hit a take profit level had a stop loss or the trade expired


February 5

Purchase VXX March 2, 2018, $48 Call at $1.02 or lower

Take Profit is  $2.0

Stop loss is the premium of the option

Profit taken at $2.0


January 26

Sell to Open 2018 FEB 9  $47.50     Put       (0.54)
Buy to Open 2018 FEB 9  $46.00     Put       (0.22)

For a total credit of $0.32
Both options expired in the month a loss of $1.18 ($1.50 – $0.32)

 


January 17

Purchase NBR February 9, 2018, $8.5 Call at $0.46 or better.

Take Profit is  $0.90

Stop loss is the premium of the option

The option expired worthless a loss of $0.46

adminc


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