Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: upanddown who wrote (142729)	12/20/2010 6:21:20 PM
From: Salt'n'Peppa	Read Replies (1) of 206191

I also got assigned 1000 shares of my only option loser this year, SH. Odd that getting assigned was $600 less painful than covering the option. It turned an $1800 loser into a $1200 underwater current position, even after fees. I was assigned on Tuesday last week, with the trade settling on Dec 17th. Didn't know they could do that but there you go. Still very much a novice and learning all the time. Is the S&P500 going to keep going up daily for ever??? Currently skiing at Panorama, BC, so unable to tally up the year but will be up around $70K in options trading for Jun-Dec 2010 in a $400K account. All cash until the above assignment. LOL RIM, IOC, ATPG, STD puts and OPEN calls were my best options traders. Best trade was 40 DEC $48 RIM puts netting $25K. Worst loser for the year was Etruscan Resources (EET.TO), a seven year long gold position which got bought out this summer for pennies on the dollar. Made good money on BP, APC and TGL common shares. I feel richest in 2010 for the options trading knowledge that I have acquired. It is invaluable, ongoing and should be good for the accounts going forward. S&P

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next