Happy Friday. Hope everyone did well this week. It was another crazy day on wall street. DJIA was up, then down, then up over 100 points, only to fall and close -20 points under.
Traded this morning, but was out for the afternoon. I focused on ILMN which I played yesterday a/h on bad reporting news. Let's see how the trades worked out:
ILMN yesterday a/h 30.00/30.75 x 500 = +375
ILMN 25.75/27.14 x 500 = +695
ILMN 27.00/27.50 x 500 = +250
ILMN 27.20/27.14 x 500 = -30 <---- strange stop out
ILMN 27.50/27.80 x 500 = +150
ILMN 27.70/27.80 x 500 = +50
Total = $1,490
Not bad, but looking at the chart....I could of held my first buy of 25.75 and sold at eod of 27.27 x 1000 shares = 1,520......the same I made without working so darn hard......oh well.....
Monday = $1,860
Tuesday = $6,185
Wednesday = $875
Thursday = $1,721
Friday = $1,490
Week total = $13,621
Nice week. I am very excited about options and how they work and the money to be made. I will be looking to buy some weekly options on Monday.
Have a great weekend traders!