iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

More Solar: JKS

Still invested in $WFR and $FSLR. Adding $JKS to the list.

This is why…

JKS0718

This kind of stuff arouses my wallet.

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8 comments

  1. jb

    Nice OA!
    Long stock or options?
    Do you use stops on stock?
    Thanks!

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    • Option Addict

      I bought stock on this one, stop .20 lower.

      OA

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  2. ajh21

    what are we looking at here? i’m a noob…thanks!

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  3. charlie

    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?

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    • Option Addict

      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

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    • Option Addict

      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.

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