. . . my February FTSE contracts. The Index has climbed quite a few points this week. So I have rearranged my February contracts which were originally struck at 5900 Calls and 4900 Puts, 5 contracts each side. I now have short contarcts as follows:- 7 x February 4950 Puts and 7 x February 5500 Calls. These contracts expire of 29th. February at 10.30 a.m. My potential profit now is £1323.00p
"Give me control of a nation's money and I care not who makes the laws." (Mayer Amschel Rothschild)
"Most people are obsessed with money. Hardly anyone is interested in it."
(Wm. Shakespeare)
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Some Useful Links
FTSE 100 Shares Index (Value) 15 minutes delay. BBC Page
FTSE 100 Shares Index (Graphs) 15 minutes delay. BBC Page
ICE Option Pricing Model. 15 minutes delay.
eMail dr.ftse@gmail.com to learn more/how to get started as an Option Trader, or to ask for details of the hugely successful White Knuckle Riders Investment Club (wkr.inv.club@gmail.com) which deals largely in Traded Options, particularly Options in the FTSE 100 Index. The Club's objective is to make 1% PER MONTH for its members.
Since it's inception in August 2000 the Club has paid out £253,000 in profits to members. Members are strongly advised to withdraw accumulated profits regularly; trading options is always riskier than trading in the underlying securities (i.e the 100 companies whose shares make up the so-called 'FTSE 100 Index')
SILLY BLOG: This is Getting Very Silly
POEMS: The Doc's Homeopathic Poetry
TEAM BLOG Fridge Soup
My Open Option Contracts
(Updated weekly on Friday at close of business, or whenever I re-arrange any of my positions - except I haven't updated them for MONTHS because no one ever reads the blog. See my comments above!)
FTSE INDEX OPTION CONTRACTS
12 x 6850 Short (*) Calls (November 2014 Series)
12 x 6300 Short Puts (November 2014 Series)
Index closed at 6495.6 on 07/10/2014
Expiry on 21st. November 2014
(*) "Short" in the context of option trading means the contracts were opened by selling them.
FTSE INDEX OPTION CONTRACTS
12 x 6850 Short (*) Calls (November 2014 Series)
12 x 6300 Short Puts (November 2014 Series)
Index closed at 6495.6 on 07/10/2014
Expiry on 21st. November 2014
(*) "Short" in the context of option trading means the contracts were opened by selling them.
(**) "Covered" Calls means I have the shares to meet any assignment by the counterparty
(***) "Cash Covered" Puts means I have sufficient cash in my trading account to buy the shares if assigned by the counterparty.
(***) "Cash Covered" Puts means I have sufficient cash in my trading account to buy the shares if assigned by the counterparty.
Friday, 29 January 2010
3 comments:
I don't leave comments on blogs that use Word Verification. Ditto blogs which I know have Comment Moderation applied. Life's too short and I'm too busy makin' money and what the Hell are these people scared of anyway? If you don't like some creep's comment . . TRY DELETING IT! You have that privilege.
And I never read unpunctuated so-called poetry. I don't understand why self-styled poets think it's clever to make their work difficult to read/understand.
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Rabbit, Rabbit
ReplyDeleteLike a whole other language that I don't understand.
Nessa . . most of us have specialist knowledge of something, and these "somethings" generate the own other languages - often known as "jargon". There was a time when "Option Trading" was a whole other language I didn't understand. It's a sight easier than nuclear physics!
ReplyDeleteYou are right doc, everyone knows something. Some folks know more than I, some know less, some are richer, some are poorer and so on. Everything is relative. I don't understand all that either. Can you start an IV on a sick person? Insert an NG tube. Know what that is? Not trying to be smartalec or sassy, just trying to keep up. LOL
ReplyDeleteQMM