I have been keeping close track of my checkpoint call and I am thinking that with options, there needs to be a longer time frame for if you are the purchaser. I will have to amend my rules to make sure that happens.
For those that don't know, I currently have a June 25 call. I still think that it will be profitable after this week's option expiration. But I could have managed the trade better.
I have been learning a lot since I started cataloging these trades and using the diary and my blog. I understand Fibonacci movements well and now am studying Gann movements (They seem a little tricky).
Oh, before I forget, Pepsi hit a new high today!
The Wikiwealth portfolio consists of the following:
Pepsi Stock (www.pepsi.com)
Checkpoint June 25 Call (www.checkpoint.com)
Sharebuilder Money Market (www.sharebuilder.com)
Optionsxpress Money Market (www.optionsxpress.com)
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