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

[joejustjoe]

8/10/17: New trade for Greg via the XRT retail ETF. He went with Dec expiry $46 puts.

https://www.traderschoice.net/money-page--stock-picks.html

The only trades today were at 6.68.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=xrt&x=49&y=16&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

No doubt another losing trade for Greg. >>> :-(

Comments

[joejustjoe]

8/16/17 update: Greg closed the XRT short out today. There were only 2 trade prices...7.10 and 7.15. A total of 13 contracts traded all day. Greg paid 6.68 for probly 2 or 3 contracts so he made $150 for every $1300 to $1800 put at risk. I'll beat that left handed. :-) Nonetheless, Greg needed a win. I see he opened a long in GOOGL and held his QCOM long. I'll spew the GOOGL pricing next.

https://www.traderschoice.net/money-page--stock-picks.html