www.synconvertguy.blogspot.com
The first day's trading is in the books and I am now back to post about the activity. All in all the overall equity markets went sideways again today with the most major US indices finishing higher for the day. From my standpoint the fact that volatility fell again today is actually a very good indicator for my type of trading.
Here is a list of the trades that I put on today. I will make a spreadsheet available later that you can open and read.
HGSI - Long April $25 Calls, Short HGSI stock and short Dec $22 Puts
HRBN - Long March $20 Calls, Short HRBN stock and short Dec $15 Puts
OREX - Short Jan $7.50 Calls, Long OREX stock and long Dec $3 Puts
REGN - Long Feb $27 Calls, Short REGN stock and short Dec $22.50 Puts
Most of the positions that I put on today were pretty safe bets, with all these names having some upcoming expected activity or announcement which will create price movements.
Opening Account Value - $200,000
Commissions - ($429.22)
Profit/Loss - ($249.10)
Ending Account Value - $199,321.68
www.synconvertguy.blogspot.com
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ReplyDeleteIts good you have used safe trading strategies.Earning good returns from stock market is not a very difficult task, however you need to plan your trades in advance. Traders can take help from financial advisory services providers to earn better from market if they are unable to do so.
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