I’m very happy I was busy at work this morning. FNM spiked up and then came back. I might have pissed myself had I seen that it went all the way up to 34.59 for a minute. I started watching it while it was declining. Around 10:15 I entered my final order that ended up hitting three minutes later to sell new naked puts on FNM. While FNM was trading at $31.47, I sold two new April 31 naked puts (FNMPQ) and received $558.49 after commissions.
This covers me a little better for the four naked calls I have remaining. My profit range shifts some now. I can take a profit at expiration in April if FNM stays between 24.54 and 30.45. I have four calls and four puts now. I don’t plan on taking any assignments with this play and will only trade options on it. I have a huge paper loss on […]
Original post by Alex Fotopoulos
This entry was posted
on Wednesday, March 19th, 2008 at 12:10 pm and is filed under , , Stock Picks, Finance.
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I’m very happy I was busy at work this morning. FNM spiked up and then came back. I might have pissed myself had I seen that it went all the way up to 34.59 for a minute. I started watching it while it was declining. Around 10:15 I entered my final order that ended up hitting three minutes later to sell new naked puts on FNM. While FNM was trading at $31.47, I sold two new April 31 naked puts (FNMPQ) and received $558.49 after commissions.
This covers me a little better for the four naked calls I have remaining. My profit range shifts some now. I can take a profit at expiration in April if FNM stays between 24.54 and 30.45. I have four calls and four puts now. I don’t plan on taking any assignments with this play and will only trade options on it. I have a huge paper loss on […]
Original post by Alex Fotopoulos
This entry was posted
on Wednesday, March 19th, 2008 at 12:10 pm and is filed under , , Stock Picks, Finance.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
I’m very happy I was busy at work this morning. FNM spiked up and then came back. I might have pissed myself had I seen that it went all the way up to 34.59 for a minute. I started watching it while it was declining. Around 10:15 I entered my final order that ended up hitting three minutes later to sell new naked puts on FNM. While FNM was trading at $31.47, I sold two new April 31 naked puts (FNMPQ) and received $558.49 after commissions.
This covers me a little better for the four naked calls I have remaining. My profit range shifts some now. I can take a profit at expiration in April if FNM stays between 24.54 and 30.45. I have four calls and four puts now. I don’t plan on taking any assignments with this play and will only trade options on it. I have a huge paper loss on […]
Original post by Alex Fotopoulos
This entry was posted
on Wednesday, March 19th, 2008 at 12:10 pm and is filed under , , Stock Picks, Finance.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
I’m very happy I was busy at work this morning. FNM spiked up and then came back. I might have pissed myself had I seen that it went all the way up to 34.59 for a minute. I started watching it while it was declining. Around 10:15 I entered my final order that ended up hitting three minutes later to sell new naked puts on FNM. While FNM was trading at $31.47, I sold two new April 31 naked puts (FNMPQ) and received $558.49 after commissions.
This covers me a little better for the four naked calls I have remaining. My profit range shifts some now. I can take a profit at expiration in April if FNM stays between 24.54 and 30.45. I have four calls and four puts now. I don’t plan on taking any assignments with this play and will only trade options on it. I have a huge paper loss on […]
Original post by Alex Fotopoulos
This entry was posted
on Wednesday, March 19th, 2008 at 12:10 pm and is filed under , , Stock Picks, Finance.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
I’m very happy I was busy at work this morning. FNM spiked up and then came back. I might have pissed myself had I seen that it went all the way up to 34.59 for a minute. I started watching it while it was declining. Around 10:15 I entered my final order that ended up hitting three minutes later to sell new naked puts on FNM. While FNM was trading at $31.47, I sold two new April 31 naked puts (FNMPQ) and received $558.49 after commissions.
This covers me a little better for the four naked calls I have remaining. My profit range shifts some now. I can take a profit at expiration in April if FNM stays between 24.54 and 30.45. I have four calls and four puts now. I don’t plan on taking any assignments with this play and will only trade options on it. I have a huge paper loss on […]
Original post by Alex Fotopoulos
This entry was posted
on Wednesday, March 19th, 2008 at 12:10 pm and is filed under , , Stock Picks, Finance.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
I’m very happy I was busy at work this morning. FNM spiked up and then came back. I might have pissed myself had I seen that it went all the way up to 34.59 for a minute. I started watching it while it was declining. Around 10:15 I entered my final order that ended up hitting three minutes later to sell new naked puts on FNM. While FNM was trading at $31.47, I sold two new April 31 naked puts (FNMPQ) and received $558.49 after commissions.
This covers me a little better for the four naked calls I have remaining. My profit range shifts some now. I can take a profit at expiration in April if FNM stays between 24.54 and 30.45. I have four calls and four puts now. I don’t plan on taking any assignments with this play and will only trade options on it. I have a huge paper loss on […]
Original post by Alex Fotopoulos
This entry was posted
on Wednesday, March 19th, 2008 at 12:10 pm and is filed under , , Stock Picks, Finance.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.