Thursday, November 08, 2007

Apple Trade 11-6-7

So I bought some 190 puts on Tuesday. I felt Apple was going to pull back some. So I bought 10 190 put options...at the last 30 minutes of trading Apple went up $4 bucks, so I doubled up on my puts. My feelings didn't change I still felt it was going to sell off some.

Come Weds morning Apple pulled back a few bucks and then went sideways for a while. The market was skittish I couldn't get a fell about which way it (the market) and Apple were heading. So I ended up selling my 20 190 puts for a 6% loss. I felt like I didn't know which way it was going to go. Well later that day Apple fell over $7, then today (Thursday) Apple fell over $17. If I would have held my 20 190 puts I could have sold them today for a profit of...get ready this will knock you on your ass..( I almost killed myself...) $37 F-ing thousand DOLLARS!!!!! WTF WTF WTF! WHY?

UPDATE 11-12: Well this trade just keeps F-ing me...it's now worth $61 Friggin Grand!!!! Man, someone up there really F-ing hates me!!!


Does anyone know a good financial psychologist?

No comments: