My $10000 Dollars

Sold both Citi and SKF put option today. SKF reached my target of $160. My put price went from $25 to $50.  AWESOME gain for me. I sold Citi since it just wasn’t rallying enough for me despite the strength early morning today.  Determined that I don’t want to mess with this stock right now [...]

I made no move today even though I was almost ready to sell SKF. It didn’t quite reach the $160 target I have.  Plus options are always more complicated than selling stocks since it involves spreads and volatility. I also think it’s too early to tell whether the rally is over or is going to [...]