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Sep 24

full time trader log 2012 09 24

full time traderUnderlying Stock : NFLX

Strike : 57.5 Put

No. of contracts : 5 contracts

Enter/exit price : 1.30/1.55

Holding time : 4 mins

Net Profit : $119

 

full time traderReason to enter trade:

Another good start to the day trading week. AAPL was too volatile, dropping $15+ in pre-market. My focus shifted to NFLX again. Missed the first opportunity at 9.34am when it reversed towards uptrend. Boy, it soared, in fact too high when my signals picked up a downtrend reversal. Happily clicked the execution button to shoot my prey, and down it went.

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