Closing A Trade, Already! (AAPL, NILE)

By: ispeculatornew
Date posted: 01.12.2012 (8:27 pm) | Write a Comment  (2 Comments)

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Wow, I had talked about having butterflies in my stomach, about how things might be more difficult, especially if my first few trades did not go well. Knock on wood, but so far so good. One week after opening the trade where I went long Apple (AAPL) and short Blue Nile (NILE), the trade ended up reaching its stop gain today and I will be closing it on tomorrow’s opening.

The trade currently stands at +20,68% with the two other trades also doing very well. Let’s hope things do keep up. I will be opening a new trade on Monday if all goes according to plan.

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2 Comments

  1. Comment by Doctor Stock — January 12, 2012 @ 9:36 pm

    I love apple… but with all the volatility out there, you have to keep close tabs on it. I suppose in the long run, its a great opportunity for option plays.

  2. Comment by IS — January 14, 2012 @ 8:08 am

    @Doctor Stock – Yes, interesting, I’m not too much into options these days, what kind of strategies have you been working on with $AAPL options?

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