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Oct 02

option trader log 2014 10 02

options trading malaysiaUnderlying Stocks : TSLA

Strike : 250 Put

No. of contracts : 2 contracts

Enter/exit price : 2.95/3.50

Holding time : 5 mins

Net Profit : $107

Stayed on the sideline last session when DOW was down over 200 points. I thought to myself, there must be scalping opportunity today. TSLA was up more than $12 in pre-market due to favourable news about their class action law suit. All signalling rules including DOW were heading downtrend. Did not hesitate to follow the trend. Opened the trade and game over in less than 5 minutes. A winning trade in deed. Options trading in Malaysia is fun. Can go to sleep after blogging this.

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