I create financial literacy content. My goal is to educate the masses about money and the proper management of it.
Monday, October 17, 2011
Trade Log
I bought a Oct 11 Straddle on BAC for .54. Earnings are due out tomorrow. This position suggest a 5% move is needed for this trade to be profitable. After putting the trade on, I felt a bit of buyer remorse. I probably should have purchased the Nov expiration instead. We'll see what happens tomorrow....
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