mrjr091987

DAY 6 of 30 Days to $100K

Long
mrjr091987 Updated   
NASDAQ:AMZN   Amazon.com
Buying AMZN Call Options expiring 10/02 at $35.66. Bought 2 at $7,136.00
Sorry for delayed update, Day 5 I was out of commission but we sold out of GOOGL and TSLA PUT options breaking even on TSLA taking a slight loss with GOOGL.
Unfortunately they are not all winners. I opted for AMZN as it crosses the 200 Day Moving Line with momentum rising it seems like teach is recovering from the dip.
However, there are still volatility concerns with all thats going on. Buying the Shorter play here is a little risky but more profitable if successful (keep in mind it works the same way if unsuccessful).
Also Bout 2 Call Options of NEE 10/16 $280 Calls at $2.96 each. This is easy money here and wish I'd have bought more. NEE aka FP&L the Worlds largest Electric company by Market Cap, had placed a buyout offer for DUKE energy that was rejected, dropping NEE -5%, knowing this would quickly recover purchased 2 calls there at $592 total
I am NOT a financial advisor, and this is NOT FINANCIAL ADVISE.
This is for entertainment purposes only, as we try ti turn
$2k into $100k in 30 Trading Days. Currently on Day 6
Comment:
So with a short turnover on our AMZN calls holding over night could be risky. Especially with Gov't having until tomorrow to approve stimulus could result in a down day tomorrow. So Sold our AMZN Call 10/02 Options at $63.00 today turning our $7,136 in to $12,600 today.
Still Holding the NEE positions as it has recovered a little and still has plenty of time on the contracts, we have till at least Friday to try to turn a higher profit from these.
Which means to start Day 7 we will have well over $12k to play with, between AMZN sale, NEE options still held and left over cash. As far as time tables go, I'd say we are looking pretty good to make our $100k in 30 Days....until tomorrow....GLTA
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