Seeking Alpha
  • Boatyzaffa
    BTO ten $GM 36.50 weekly puts @ 0.30
    8/5/13
    Reply (20)
    • Boatyzaffa: Stop on puts @ 0.10. Approximate risk on trade: $200
      8/5/13
    • Boatyzaffa: actual risk on trade is $300
      8/5/13
    • Boatyzaffa: stop limit order BTO 300 shares @ 36.28
      8/6/13
    • Boatyzaffa: order above filled at 36.27
      8/6/13
    • Boatyzaffa: Risk on trade is now reduced to $231
      8/6/13
    • Boatyzaffa: stop limit order BTO 300 shares @ 36.13
      8/6/13
    • Boatyzaffa: order filled @ 36.12
      8/6/13
    • Boatyzaffa: Risk on trade $120
      8/6/13
    • Boatyzaffa: BTO 400 shares @ 36.01
      8/6/13
    • Boatyzaffa: Locked in a profit: $79 (this is the max drawdown), if $GM moves up, chance to make much more
      8/9/13
    • Boatyzaffa: STC 36.50 puts @0.66. stop on 1,000 shares @ 35.79
      8/9/13
    • Boatyzaffa: Profit on Options: $360
      8/9/13
    • Boatyzaffa: moving stop to 35.82
      8/9/13
    • Boatyzaffa: moving stop to 35.86
      8/9/13
    • Boatyzaffa: moving stop to 35.87
      8/9/13
    • Boatyzaffa: moving stop to 35.89
      8/9/13
    • Boatyzaffa: moving stop to 35.90
      8/9/13
    • Boatyzaffa: stopped out @ 35.89. Loss on shares: -$231
      8/9/13
    • Boatyzaffa: Gross profit on this trade: $129. Commissions on this trade = -$40. So net profit on the trade = $89(+0.45R)
      8/9/13
    • Boatyzaffa: ***TRADE IS CLOSED***
      8/9/13
      From other sites