Sep 17

full time trader log 2012 09 17

full time traderUnderlying Stock : NFLX

Strike : 60 Call

No. of contracts : 15 contracts

Enter/exit price : 0.68/0.78

Holding time : 17 mins

Net Profit : $127



full time traderReason to enter trade:

Thought I saw a reverse signal at entry point, and yet again it followed by another red candlestick bar, deja vu! Opened another 5 contracts when it bottomed out. Uptrend thereafter and exit after hitting profit target. Cool $127 gain on options trading NFLX yet again.

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