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RE: TradersChoice.net trade blog for the week starting 8/8

in #greg7 years ago

8/21/17 update: Same plan as Fri. QCOM is moving lower so the bid on the 9/8 expiry $52P's (puts) is moving higher. I go out if the asked breaks below 1.25. Otherwise I will hold for a potential 100% gain so limit to sell at 1.70 to cover all costs "if" QCOM continues to move looower.

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8/18/17 10:45 AM update: Bid now at 1.51 so now I move my stop up to 1.40 bid. That gar-own-tees at least a 50% gain. Still shooting for 1.70 to exit though. That's a "1005er"...and that's what I shoot fer. QCOM now at 51.55...ish.

8/21/17 update: Sometime during the day the QCOM 9/8 expiry $52 puts were sold at 1.40 so the trade netted 68% before commish costs. No way we will ever know what Greg did with his last two trades logged in before he deleted the trading blog where he posts his picks. I guess Greg gave up after he was caught "misrepresenting" a GOOGL trade. "Probly" better that he didn't log in "actual" pricing on the trades. If Greg brings back his posted picks I will continue to track his trades.