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rjm77me
rjm77me vip
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : REAL TIME TRADE ORCL COVERED CALL

Date August 16, 2011  Edited: August 17, 2011    Comments Comments (20)    Rate this post Recommend This Post (977)   
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BUY STOCK AT 27.44


SELL AUG 25 CALL 23 CENTS 


 


POTENTIAL TO MAKE 54 CENTS IN 3 DAYS or 2%  in 3 days


Please do your own home work

Tags : ORCL  

20 Comment(s):

Author rjm77me     Date August 16, 2011 12:58 Abuse this post Report Abuse
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CBOE is also worth a look as covered call play
Author Burtman     Date August 16, 2011 20:58 Abuse this post Report Abuse
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Interesting....real time trade? Just want to confirm you actually did this today.
Author rjm77me     Date August 17, 2011 10:13 Abuse this post Report Abuse
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Burtman
Some folks trade, Some folks watch others trade and some folks are in show me camp.
Then there are folks who only past time is to pick on others trade

Wire me $25 to cover the cost of overnight trade proof delivery to you
I will include the proof of trade closing for free -
NO PROBLEM
Author rjm77me     Date August 17, 2011 10:16  Edited: August 17, 2011 by rjm77me Abuse this post Report Abuse
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I did miss CBOE BUY as stock took off in a hurry. I MAY BUY IF IT HITS 23.49 OR LOWER
Author JoeJustJoe     Date August 17, 2011 10:29  Edited: August 17, 2011 by rjm77me Abuse this post Report Abuse
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deleted has nothing to add of value to this blog
Author JoeJustJoe     Date August 17, 2011 11:23  Edited: August 17, 2011 by rjm77me Abuse this post Report Abuse
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fu 3j
Author rjm77me     Date August 17, 2011 11:25 Abuse this post Report Abuse
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ANY ONE WHO WANTS THEIR REAL TIME TRADES IS WELCOME TO ADD TO THIS BLOG
Author JoeJustJoe     Date August 17, 2011 11:29  Edited: August 17, 2011 by rjm77me Abuse this post Report Abuse
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OK, me the clown 3j
Author rjm77me     Date August 17, 2011 12:39  Edited: August 17, 2011 by rjm77me Abuse this post Report Abuse
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closed trade for quick profit
08/17/11 09:51:53 AM ORCL Sell market 27.90 filled 27.90
08/17/11 09:51:47 AM ORCL 110820C28 Buy to Close limit 0.32 filled 0.32
net profit $34/100 shares for one day trade
I WILL BE BUYER AGAIN UNDER 27.42
Author rjm77me     Date August 17, 2011 13:21 Abuse this post Report Abuse
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I am glad to see how folks waste time instead of making real money
BURTMAN IS HOWLING "watch RED WOLF is coming".
The Real time trade could have been duplicated by any one
ORCL dipped to 27.30 after I posted my real time buy.
WHY I took the trade as I saw that ORCL WAS FINDING SOME REAL BUYING AT THIS LEVEL.
It has liquid options
Some risk and some rewards - 1.2% for overnight trade is ok in my book
Here is red wolf Burtman blog - He must be feeling sorry for not making REAL MONEY and now playing with mud pies

http://www.peopleandpicks.com/blog/Burtman/3642187/BEWARE-OF-FALSE-TRADERS/
Author rjm77me     Date August 17, 2011 13:23 Abuse this post Report Abuse
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The folks like Burtman and company want to deprive others of real value stuff for traders
For the same reason I post less than 5% of real time trades

It is up to you to tell village clowns to stay in their rat cells
Author rjm77me     Date August 17, 2011 14:01  Edited: August 17, 2011 by rjm77me Abuse this post Report Abuse
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My next ORCL trade will be Buy ORCL in next 1 day and sell ORCL 110917C28 oct 28 call
ORCL @27.08

ORCL 110917C28 = 85 CENTS OPTION DELTA 0.4253 - SELLING CALL will buffer your pofit / loss to 60% of stock price movement = trade off

STOP LOSS IF ORCL DIPS TO 26.61
Author Burtman     Date August 18, 2011 10:59 Abuse this post Report Abuse
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OK so it looks like you lost on 2 trades now. Too bad you didn't mention a stop loss on your original post so that one is down 9%. But then again if you did have your stop loss you only lost .60 in 3 days worth of work...not bad. Doing your homework does work! Now, where did you get those October calls again? I still can't find them.
Author rjm77me     Date August 18, 2011 13:17  Edited: August 18, 2011 by rjm77me Abuse this post Report Abuse
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Burtman, Pall bearer Elite,
You must be blind too
Did I say I bought ORCL with real money yesterday?
GO AND READ MY BLOG AGAIN - DO NOT TELL EVERY ONE HOW STUPID ONE CAN BE. It tells that your comprehension level is questionable at the best.
YES I DID BUY ORCL TODAY AT 10.10 AM. You can figure out the price JUST SOLD SEPT 26 CALL FOR $1.14. This provides cushion to 23.80 for next 30 days.
Well you must not have a real account or COURAGE to post your real time trades? EH?????? Did grim reaper wipe out your account on SRS and AAPL short trade.
IS THAT WHY YOU CONSTANTLY JUST NIT PICK MY TRADES TO PASS YOUR TIME.

THAT IS WATCH YOUR BACK FOR GRIM REAPER - REPORTED LURKING THERE. Just go and have a cold one before he catches you
Author Burtman     Date August 19, 2011 08:17 Abuse this post Report Abuse
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LOL... Keep digging the hole man! How can I prove anything when you go and change everything?... bottom line thur Rimmie.. just be true to yourself.
Author rjm77me     Date August 19, 2011 12:29 Abuse this post Report Abuse
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ORCL trade entered yesterday is in plus for the day by $38 /100 shares for the covered call play
I burtman the pall bearer will be always grouchy = HE NEED TO FING SOME THING FOR MUD SLINGING.
He just refuses to look at his own trades for reality check
Just like His Gold Pal Bearer - they are projecting AAPL to be sub par $10 - Must be smoking some great stuff
Author JoeJustJoe     Date August 19, 2011 12:42  Edited: August 19, 2011 by rjm77me Abuse this post Report Abuse
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. Thanks! *-) 3J
Author Burtman     Date August 19, 2011 12:58  Edited: August 19, 2011 by rjm77me Abuse this post Report Abuse
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ZSL is not a buy...yet.

Author Burtman     Date August 19, 2011 14:05 Abuse this post Report Abuse
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What did I say wrong there?
Author rjm77me     Date August 22, 2011 10:56 Abuse this post Report Abuse
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ORCL - closing the trade this morning for $38/ 100 shares
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