12-12-2007, 01:38 PM | #1 |
Senior Member
Join Date: Jan 2006
Posts: 5,084
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FM and any of you other option traders
you will like this story. So yesterday when the market was down 150, I bought calls on the OEX. Paid $5. When the day ended they were at $2.70.
Yuk, I go home telling myself I have a gambling problem. This morning I just sold them for $7 and am still telling myself I have a gambling problem. Not really. I haven't bought any of those since the last time I said I did on this board. That trade I lost just a little less than I made on this one. I still think trading options is more for amusement than making money. |
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