This was a SLOW month for me.
My family and I were involved in a lot of extracurricular activities and helping some of the families in our area out this month and I really didn’t have an opportunity to trade this month. But, just because it was a SLOW month, doesn’t mean it was a BAD month!
Just a single trade this month, but it was a winner and that’s what matters, right?
Without further ado, here’s November’s results.
November Net Income: $115.84
Total 2014 Net Income: -$169.64
Adjusted CLF Share Price: $ 22.25
Adjusted TRN Share Price: $44.45
|Strategy||Underlying||Option||Entry Price||Exit Price||Commission||$ Gain/Loss||% Gain/Loss||# Contracts|
|CC||CLF||Dec 14 12.00 Call||$.81||$.18||$10.16||$115.84||72%||2|
I’ll keep whittling away at CLF and TRN to drive down the adjusted cost basis of each of those stocks. However, there is a looming long call I have on CLF that is going to drive expire out-of-the-money and just kill me.
I’m really starting to not like the “buying” side of trading.
In the next week or two, I’ll be closing out the Blue Collar Investor series, so keep your eyes peeled for my final review of their membership offer.
Until next month, happy trading!