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December 27th, 2009, 10:22 PM
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Gold Trade up $800
I'm buying April Gold at 1127 and buying 2 put options in april at 1110 for 54.20

__________________
Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
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January 11th, 2010, 09:30 PM
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I think I'm going to sell one of the 1110 options tomorrow. We are up $2300 on the futures but down on the options. I think I may sell both options then reposition with buying another put closer to the money

__________________
Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
Last edited by matthew : January 11th, 2010 at 09:40 PM.
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January 13th, 2010, 08:00 PM
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Sold both options yesterday for 32. I'm going to keep my futures position we are up close to $2000 and I'm going to buy two April put options at 1140 looking for a price around 40....the price would have to drop to about 1135 to get filled. Filled at both on 40
Right now we are down about $2400.
__________________
Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
Last edited by matthew : January 20th, 2010 at 06:09 AM.
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January 14th, 2010, 07:42 AM
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I'm going to buy two put options instead of one
__________________
Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
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January 21st, 2010, 07:01 PM
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Getting out of this trade. I will lower it a good bit on both positions. We may get stopped on both. Going to lower my stops on both the options and the future position. I'm up $4380 on the options and down $3200 on the futures contract....we still kept the future positions.
We are up a total of $1180 but down $2400 from the previous option positions. We are down a total of $1220
__________________
Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
Last edited by matthew : January 21st, 2010 at 07:07 PM.
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January 22nd, 2010, 07:41 PM
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I got stopped on the futures not on the options...options are at $7100 $14200 for both. Up $6200 on the options. I got stopped out $3000 loss on the futures. I had a previous loss from the options position of $2400.
We made a total profit of $800. I'm going to lower my stop real tight on the options position...basically lock in all the profit. The market will go lower but will bounce back a bit.

__________________
Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
Last edited by matthew : January 22nd, 2010 at 07:45 PM.
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