ADP profit, over 200%, still open
9May2007 Filed under: Intraday Trading and Past Performance Author: OptionPundit
Thought let me share with you how I am doing on ADP…already up over 200% in less than 1hr, most of the gain are due to IV rise on the May 50 calls, I bot it for $0.15 and now selling $0.50-$0.60. I have already sold half of May 50s at average $0.48 per options and still holding to rest half. Trade timing in the screenshot are asia-pac time.
Profitable trading, OptionPundit
ADP, intraday trading, option trading, Past Performance
3 Responses to “ADP profit, over 200%, still open”
Leave a reply
About this blog
OptionPundit© (OP) is designed for novice as well as serious option traders. It is a stock & option trading blogsite that is dedicated to the following objectives: read more ⇒
OPN Performance
This assumes a $10,000 starting and fully invested capital. The current phase started when OPNewsletter was re-opened in Jan'08 for Feb'08 expiration. OPN Month is counted as 3rd Friday of each month same as US Equity option expiration day. Comparison with S&P500 or Dow is not shown as it's unfair to expect from such large institution to deliver high returns. I would rather compare with my own target.
AP Biz News
- Stocks end mostly higher after mortgage deal
- Stores' dismal December means prices should fall
- Obama: Congress must act boldly and now on economy
- Prosecutors say Madoff was ready to send out $173M
- Chevron sees lower profit in fourth quarter
- Schlumberger to cut up to 1,000 jobs
- Finding a new job becomes harder as layoffs mount
Stay Informed (RSS or Mobile)
Been There, Done That
vlada
May 9th, 2007 at 12:46 pm
Congratulations !
Great trade. Btw. which online broker do you use for options?
Vlada
OptionPundit
May 9th, 2007 at 1:24 pm
Thanks Vlada, I use Ameritrade, Interactive brokers, and ThinkorSwim. all for different reasons.
Rapheal
May 10th, 2007 at 8:54 pm
how do you find such trade?
beginner