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  #1  
Old 08-17-2006, 05:13 PM
Demon Cleaner
 
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Coffee - Nov Call Option

Bought one 140 coffee call option @ .85 times $375

Expiration date = 10/13/06

My profit objective is 145 which would be a gross revenue of $375 times 5 points.
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  #2  
Old 08-17-2006, 05:14 PM
the straightshooter
 
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this is great

do you normally document your options trades at cappersmall or is this a first

bol
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  #3  
Old 08-17-2006, 05:27 PM
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This is my 1st options trade ever. My friend quit his day job to do it full-time so I am just going along w/ him. Do you do it full-time or part-time?
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  #4  
Old 08-18-2006, 09:02 PM
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the 140 closed at 90

might buy another call option on monday in the 90-100 price range
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  #5  
Old 08-20-2006, 03:18 AM
skoal brother
 
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so what u sayin'...da bitch iz way down...?
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  #6  
Old 08-20-2006, 06:52 AM
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Quote:
Originally Posted by guzzi
so what u sayin'...da bitch iz way down...?
At this time of year (historically) yes it is down. I have a profit objective of 145. If I buy another call option on Monday I will establish a profit objective of 150.
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  #7  
Old 08-20-2006, 11:28 AM
skoal brother
 
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iz it harvest time?...i would think it iz plantin' season soon...
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  #8  
Old 08-20-2006, 08:33 PM
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Quote:
Originally Posted by guzzi
iz it harvest time?...i would think it iz plantin' season soon...
Actually the harvest is coming soon.

* the Vietnam crop is sold out already
* the Brazil crop is dry
* demand is up and supply is limited

All 3 above notes point to a bullish outlook for option traders.

I'll keep you posted. Like I said, my friend made $60,000 trading options "part-time." He quit his sales job and does it full-time now. He made $11,000 in July. I have seen the investment statements and can verify this 100%.
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  #9  
Old 08-20-2006, 08:40 PM
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Yer one of dem fancy boys with the perty suits eh
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  #10  
Old 08-21-2006, 05:22 PM
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The 140 november coffee call option closed today at 130.

This option expires in 53 days. I am actually thinking about increasng my profit objective, but still need to think it over.

At 145 I'd make $1900
150 = 3750
160 = 7500
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  #11  
Old 08-22-2006, 07:44 PM
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Coffee closed at 1.52 today, but I am not exiting this market yet. There is a drought in Brazil that is affecting next year's crop.
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  #12  
Old 08-22-2006, 08:16 PM
It all started with him
 
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hey bro, didnt want to say anything but Danny said coffee is for p*ssies
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  #13  
Old 08-22-2006, 08:41 PM
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Dan is the reason I got arrested. I feel bad for him because he has to live the next 50 years knowing that he snitched on one of his own. Paranoia and fear is a MF'er to live with.
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  #14  
Old 08-22-2006, 08:43 PM
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Fighting does not make money.

Let's fade Charlie "Red" McDogShit Sports and transfer the profits to options trading and stocks.

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  #15  
Old 08-22-2006, 08:49 PM
It all started with him
 
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how much is it worth so far?
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