Saturday, March 1, 2014

Long Call Trade Results (28 Feb 14)


ETF
ETF
Num
Ask Price
Bid Price
Market
Position
Percent
Symbol
Option
Cont
21-Feb-14
1-Mar-14
Value
Gain/(Loss)
Return
IWM
 Jan 15 130 C 
2
 $         2.13
 $        2.48
 $      496.00
 $         70.00
16.4%
QQQ
 Jan 15 95 C 
2
 $         2.87
 $        3.05
 $      610.00
 $         36.00
6.3%
SPY
 Jan 15 200 C 
2
 $         2.51
 $        3.13
 $      626.00
 $       124.00
24.7%
UNG
 Jan 15 32 C 
2
 $         2.36
 $        1.22
 $      244.00
 $     (228.00)
-48.3%
Totals:
 
 
 $ 1,974.00
 
 $   1,976.00
 $            2.00
0.1%
The Long Call strategy is used when you anticipate a price increase.     
Our goal is for the option to increase in value so that we make a     
profit.  We are looking for a 30% rate of return.     

No comments:

Post a Comment