Set to Expire: Oct 2nd

Option	(Position)
AAPL 02OCT2015 111 C	(Closed my position for $41 gain)  1
V 02OCT2015 73 C	(Sold for 20c premium) -1
V 02OCT2015 68.5 P	(Sold for 23c premium) -1

Last Friday, I put on a STRANGLE on $V.  This is a weekly trade for me.  In order for me to keep my premiums that I collected when I sold my CALL/PUT, I need $V to trade in between $68.50-$73.00 by Oct 2, 2015.

Whenever I open up new positions, the market usually tanks right after causing me a headache.  If only I had been more patient, I would have gotten more premiums on my PUT.  Stay calm and wait it out.  Writing this today, I am out of harm's way... but who knows what will happen in the next two trading days that will follow.  

TD.TO - stock/option trade

I have some cash sitting around... basically earning next to nothing in my Interactive Brokers account.  When I am bored, I tend to trade more recklessly than not.  My methods are not recommended to the average investor by any means.

This is an example of what I do to try to make a few bucks.  Risking $5135.00 to make only $50 in 4 days by buying 100 shares of $TD.TO and selling a covered call.  

The only reason I can make this trade is the beauty of no assignment fees at Interactive Brokers.  My commissions were $2.50.  My net profit is $47.50 resulting 1% gain.  

Set to Expire: Sept 25th

Welcome to another edition of my options expiring for September 25th!

Option	Position
GOOG 25SEP2015 655 C (I lose $85)	1
KO 25SEP2015 39 P (I gain $18)	-1
PEP 25SEP2015 92.5 P (I gain $24	-1

What did I get myself into this week?  

1. I decided to gamble with another $GOOG CALL that didn't quite work out losing $85.00.  OUCH.  I also did $AAPL CALL which I ended up with a small gain of a buck after all said and done lol.  I thought I had made more but I got my premiums wrong.  I think I'll stop with long CALLS.
2. Selling PUTS on $KO & $PEP on Monday for a quick turn around profit of $42.00.  Tuesday would have given me more premiums.  My timing is always off.
3. Bought 20 shares of $RCL and sold at end of day for $8 gain. 
4. Bought 100 shares of $TD.TO @ $51.35 and sold a CALL for $51.50 expiring Sept 25th.  If $TD.TO stays above $51.50 today, I will let it assign and gain $49.00 from this short trade.  

This week, I made Interactive Brokers money by trading a lot for minimal gains.

Suck it up and eat my losses!

Nice gain today but it won't help my CALLS.  I'm going to eat my losses for the first time since I started trading options!  It's my stubbornness that led me to this loss.  

Option	Position
FIT 18SEP2015 55 C (-395)	1
SBUX 18SEP2015 62.5 C  (-54)	2
SPY 18SEP2015 208 C (-688)	6
WMT 18SEP2015 60 P (STC for a smaller loss)	1
WMT 18SEP2015 72.5 P (I haven't decided yet)	-1

August Option/Stock Performance

Opps I forgot to post up my August Option/Stock Performance.  It was a good run, but the bear is starting to show its claws!  I'm still up but not at its elated highs.  I made some moves that were questionable and it's starting to bite me in the arse.  Time will only tell whether I can pull through this rut or not!