http://mytradersjournal.com/stock-options/2007/05/25/option-trade-on-monsanto-mon-naked-put/ Investing in Stocks Through Options Tue, 24 Aug 2010 11:21:08 -0400 http://wordpress.org/?v=2.9.2 hourly 1 http://mytradersjournal.com/stock-options/2007/05/25/option-trade-on-monsanto-mon-naked-put/#comment-22 The Trader Sat, 26 May 2007 14:52:11 +0000 http://mytradersjournal.com/stock-options/2007/05/25/option-trade-on-monsanto-mon-%e2%80%93-naked-put/#comment-22 Kadena, do you keep a trader's journal? Keeping a journal can really help eleviate that "lost" feeling you mention. For one it can help keep you from getting over committed to one stock or industry and also when confusion comes in to play you can look back to why you first entered the trade. If those reasons are no longer valid, dump it and move on. If they are still there, hold tight. Long term you are probably OK with AMAT, but I have no idea when it'll come back. Kadena, do you keep a trader’s journal? Keeping a journal can really help eleviate that “lost” feeling you mention. For one it can help keep you from getting over committed to one stock or industry and also when confusion comes in to play you can look back to why you first entered the trade. If those reasons are no longer valid, dump it and move on. If they are still there, hold tight. Long term you are probably OK with AMAT, but I have no idea when it’ll come back.

]]> http://mytradersjournal.com/stock-options/2007/05/25/option-trade-on-monsanto-mon-naked-put/#comment-21 Kadena Sat, 26 May 2007 14:44:40 +0000 http://mytradersjournal.com/stock-options/2007/05/25/option-trade-on-monsanto-mon-%e2%80%93-naked-put/#comment-21 I should have known you knew price alerts! Turns out not alot of volume on july call trading for AMAT at 17 strike; I nearly reconsidered and bought my call back, thinking the stock will rise. I wanted it back at 2.20, and was always just a bit higher Friday. So i don't have much to lose if it goes up or down, guess i'll keep hoping for some down time in next 55 days, could try to get out of some of it though if the price is right, again for diversification, i sound lost now i guess... See, i own too much, 2,000 shares at 19.56 cost. Did 20 calls at $2.25 for July $17 strike. If it calls out as such, i lose $600. If the thing will drop, i can close for some good cash, and begin writing $20 calls for the "rebound" and more profit. I hope this summer doesn't make me look to silly. we'll see. post script, i did make over $500 on May call for this stock in the first week i bought it I should have known you knew price alerts! Turns out not alot of volume on july call trading for AMAT at 17 strike; I nearly reconsidered and bought my call back, thinking the stock will rise. I wanted it back at 2.20, and was always just a bit higher Friday. So i don’t have much to lose if it goes up or down, guess i’ll keep hoping for some down time in next 55 days, could try to get out of some of it though if the price is right, again for diversification, i sound lost now i guess…
See, i own too much, 2,000 shares at 19.56 cost. Did 20 calls at $2.25 for July $17 strike. If it calls out as such, i lose $600. If the thing will drop, i can close for some good cash, and begin writing $20 calls for the “rebound” and more profit. I hope this summer doesn’t make me look to silly. we’ll see. post script, i did make over $500 on May call for this stock in the first week i bought it

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