Still invested in $WFR and $FSLR. Adding $JKS to the list.
This is why…
This kind of stuff arouses my wallet.
If you enjoy the content at iBankCoin, please follow us on TwitterStill invested in $WFR and $FSLR. Adding $JKS to the list.
This is why…
This kind of stuff arouses my wallet.
If you enjoy the content at iBankCoin, please follow us on Twitter
Nice OA!
Long stock or options?
Do you use stops on stock?
Thanks!
I bought stock on this one, stop .20 lower.
OA
what are we looking at here? i’m a noob…thanks!
The volume bars on the side represent where transactions took place in the past. When there is a huge gap like this(lack of volume) prices can quickly jump to the last spot there was a “market” for the stock. Since there are virtually no sellers ahead, it doesn’t take many buyers for it to “pop” higher
Check this out: http://ibankcoin.com/option_addict/2013/05/10/why-you-ought-to-take-a-good-hot-look-at-solar/
OA – Are your weeklong timeframe options trades typically 1 month out and a couple points OTM? What % of a portfolio do you recommend risking per directional bet?
Charlie,
I have gotten really attached to weeklies…but I never buy options longer dated than front month.
I always encourage that type of behavior if you pick well and time best.
OA
Missed your question about % portfolio…
The standard disclosure is 10% of portfolio for options, 1-2% per trade. This keeps you away from big drawdowns, shit losing streaks, etc.
Getting back to your question, I invest up to 50% of my personal cash account to trade options. 2-3% per trade. I adjust that lower when I am getting my ass kicked, and adjust up when I am on fire, like I am now.
Great question.