Tuesday, April 2, 2013

GOOG $800 Weekly Call Position Closed Out



The remaining 5 contracts were closed at a fill of $14.50 for a  61% gain for a $2750 profit on this half with a 46+% gain on the first half with a $2150 profit for a $4900 profit on a $9,000 position for a 55% profit.


This puts the options tracking portfolio in 3rd place of 599  portfolios to put us in the top 0.5%or half of 1%. 


This is the reason for closing the GOOG position, I may consider adding a new position on a pullback if the longer term 15 min/30 min charts still look good, however the main trade here is on the short side and I'm just looking for the best positioning for that trade.

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