Option Trades January 2006
Feb.03, 2006 in
Options trading
Well, what better time to start learning how to trade and invest than starting in a new year, right? These are REAL Trades. Yes… with REAL money. If you are interested to know which broker I’m using, please visit this page.
I started well with LLL, but STA didn’t do well and hit the stop loss.
Starting Capital: $2,100.28
Balance after exit trade made in January: $2,035.39*
| EXEC TIME | SPREAD | SIDE | QTY | SYMBOL | SPC | EXP | STRIKE | TYPE | PRICE | NET PRICE |
|---|---|---|---|---|---|---|---|---|---|---|
| 24/01/06 22:53:52 | SINGLE | BUY | +1 | LLL | 100 | FEB 06 | 75 | CALL | 2.60 | 2.60 |
| 26/01/06 23:01:42 | SINGLE | SELL | -1 | LLL | 100 | FEB 06 | 75 | CALL | 3.51 | 3.51 |
| RETURN: +35% | ||||||||||
| 28/01/06 01:41:02 | SINGLE | BUY | +1 | STA | 100 | FEB 06 | 45 | CALL | 2.10 | 2.10 |
| 02/02/06 22:38:30 | SINGLE | SELL | -1 | STA | 100 | FEB 06 | 45 | CALL | .65 | .65 |
| RETURN: -69.05% | ||||||||||
* After commissions, SEC fees, interest earned, non-resident alien withholding
Total loss for the month: -34.05%
Average loss for the month: -17.03%
April 12th, 2006 at 10:08 pm
Are u still suing Think-or-Swim orOptionsXpress?
IME..i have limited real funds. Therefore I use Interactive Brokers
For options .$ 0.75 per contract PER SIDE
min amt per side is $1 . So per round turn for 1 contract = $2.00 as opposed to OptionXpress = 14.95×2= $29.90
April 13th, 2006 at 8:17 am
Hi, thanks for visiting my site.
Yes, I’m still using ThinkOrSwim (TOS). Yeah, OX is quite heavy if you have less than 10 contracts to trade. I took TOS because of their free real-time trading platform. I love their support too. They keep updating the software.. ever since I became their customer, they upgraded TOS with paper trading software (called PaperMoney) and also added TOS Charts (professional charting feature).
They allow customers who switch from other brokers like OX to use back their old broker’s rates. I think that’s great. The only downside to it is that the trailing stop loss is fixed and not in percentages.
Psst… TOS’s minimum deposit is $3k, but after I talked to their support.. the TOS guys let me open an account for less. hehe.