10-14-2011, 01:06 PM
Progress on this so far, after 10 months...
Mixed bag. Started off great, but the big market swoon killed a bunch of my trades. Although almost all my spreads expire in Jan 2012, I sold some as the market went down. I also bought more while it was down.
Best completed trades so far
490% return on an Apple call spread
278% return on another Apple call spread
80% return on a SLV trade
Worst completed trades so far
-100% return on CSCO, RCBN, XOM spreads
Right now I'm holding onto several probably worthless spreads (Netflix, Silver, Hasbro, FCX, POT), and a bunch of profitable AAPL, GOOG, and CRUS spreads.
After being up 91.12% at one point (goal is 100%), I slipped to just 26% up, and just clawed my way back up to +70%. All depends on Apple now (I have 7 different AAPL calls spreads!). I guess as long as I beat the market I should be happy.
http://www.flickr.com/photos/68729380@N08/6244280382/
Mixed bag. Started off great, but the big market swoon killed a bunch of my trades. Although almost all my spreads expire in Jan 2012, I sold some as the market went down. I also bought more while it was down.
Best completed trades so far
490% return on an Apple call spread
278% return on another Apple call spread
80% return on a SLV trade
Worst completed trades so far
-100% return on CSCO, RCBN, XOM spreads
Right now I'm holding onto several probably worthless spreads (Netflix, Silver, Hasbro, FCX, POT), and a bunch of profitable AAPL, GOOG, and CRUS spreads.
After being up 91.12% at one point (goal is 100%), I slipped to just 26% up, and just clawed my way back up to +70%. All depends on Apple now (I have 7 different AAPL calls spreads!). I guess as long as I beat the market I should be happy.
http://www.flickr.com/photos/68729380@N08/6244280382/
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market