New Trade: COH

On Friday, I entered into two COH positions.

In my trading leg, I purchased 2 50 May calls at $2.50. My loss limit is $2.30, exit point $3.50.
Here’s a look at my potential profits:

# Shares or Contracts Purch Price Capital Out Sell Price Capital In Comm & Fees Gain / Loss

% Gain & Loss

2 2.50 500.00 3.50 700.00 10.00 190.00 38%

In my Roth, I purchased 1,000 shares of stock at $49.85. I will allow the stock to rise then review which option strike price to sell.


My current charts for these trades:

130304 HLF

Advertisements

One thought on “New Trade: COH

  1. Pingback: Trade Update: COH Covered Calls | Tela's Trading Journal

What do you think? Let me know in the comments!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s