Articles

Affichage des articles du mars, 2019
Day 15 Options expiry date today and it will hurt me. My experience with options has been so so. To me its pretty much like a gamble and I think unless I test new strategies with different contexts, I should stay away for the moment. All week long I was chasing a stock down (NVDA) and I lost big time. It affected my whole week performance. My first strategy is still profitable and I should stick to it. Like this morning again. Made a few gains to soothe the pain of losing with my options. What I did: Bought 400 shares of HTHT at market price of  39$. Sold it immediately at 39.50$. I also open another position in SNAP before definitively change my mind about options. Averaged down my NIO position because its at new 52 Low. My 4 open positions are at least one month long and I will not open new position unless I come out with a better strategy than just trying to bet on stock's direction. Did some research on Crude oil and I bought a call on UCO for a quick win. P/L: - 420 U