– BOT COST 100 NOV 14 129 CALL @2.65
I’m like super bearish and the market could continue rallying till the end of the week so the only thing I could think of to go long on was COST. This is probably stupid but that would be inline with the rest of my trades.
2 hours later – SOLD COST 100 NOV 14 129 CALL @2.97
My first trade as an official “day trader”. Man,, I do not want to hold any longs over night. SPX back up to it’s 150 DMA. I’m seeing it bounce off to the down side, but who knows. Scalped a little on this COST on the upside. At least I can buy some beers with it, but I have a bunch of longs in the red here so I’m actually just trying to minimize my losses. %10 profit after commissions.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!