– BUY CALENDAR QQQ 100 SEP1 14/AUG1 14 97 CALL @.96
On a little pull back I’m looking for it to get back up to the 97-98ish area in the next week and then grind sideways. I’ve been making the mistake of thinking the market is going to make a huge correction but there really isn’t a catalyst for it. Seems there would have to be a nuke blast somewhere for that to happen at this point.
7/31/14 – SELL CALENDAR QQQ 100 AUG2 14/AUG1 14 97 CALL @.31
Rolled into next week.
8/8/14 – SOLD CALENDAR QQQ 100 AUG 14/AUG2 14 97 CALL @.05
8/13/14 – SOLD CALENDAR QQQ 100 AUG4 14/AUG 14 97 CALL @.30
I accidentally closed the trade instead of rolling it. Simply hit the wrong button. I had a decent opportunity to profit or at least scratch this one too… Closed for it with a %30 loss. DOH! I haven’t had any luck trading the Q’s and don’t know why ppl (tastytrade) trade it with calendars. Don’t even try and trade it with calendars.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!