OPTIONS TRADING

Hi Folks,

I only executed 1 trade today. I bought GOOG 605 February puts @1.70 and sold them @3.50. As always these trades are live tweets on twitter. For those who do not know options, they consist of either calls or puts. Calls are bullish bets and Puts are bearish bets. They offer incredible leverage and defined risk. As you can see from todays trade I made 105% return in one day. I do not recommend them for those who are not familiar with them. I use them to trade intraday and over a couple of days for the most part.

My bias remains the same of selling the rallies.

Thanks and Good Trading,

Tim