A Great Start With MSFT

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October 26, 2007

In my trading account, I sold my MSQKL call options that I bought at .16 for 1.3 this morning. Thats an overnight gain of 712%.

I also sold my MSFT position in my trading account for a 15% gain. I still will hold MSFT in the other accounts longer term.


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  • John

    Just curious, how many options did you buy? In other words, how much money did you makes on the actual msft options trade?

  • John

    Just curious, how many options did you buy? In other words, how much money did you makes on the actual msft options trade?

  • http://www.stockrake.com Sensei

    I normally don’t post position size, but in this case I will. I bought 60 contracts, which was about 1k. I normally like to buy much more than that, but I was already on margin with the MSFT equity position, XLNX calls, and the already closed loss of ALKS calls (I should’ve held onto these) which limited that buying power.

  • http://www.stockrake.com Sensei

    I normally don’t post position size, but in this case I will. I bought 60 contracts, which was about 1k. I normally like to buy much more than that, but I was already on margin with the MSFT equity position, XLNX calls, and the already closed loss of ALKS calls (I should’ve held onto these) which limited that buying power.

  • John

    So $6.8K gain in 24 hrs……..don’t you wish they were all that easy!

  • John

    So $6.8K gain in 24 hrs……..don’t you wish they were all that easy!