Day 2: UPDATE! Road to $1K. 3 Stocks. 9 Contracts. $300 Cost to Play. Value Of Contracts $64K.


Background:
I remember turning 8k into 20K within one earning season back in September of 2015. But I want everyone to learn how options trading works. So I started this new folder funded it with $200 and set GPS coordinates to $1K. Join me on the this path and if you have any questions ask below.

To catch you, current profit reading: 122%
Coming off recent gains in ORCL of 220%

Call option is:
A call alternative, regularly just marked a "call", is a monetary contract between two gatherings, the purchaser and the vender of this kind of choice. ... The vender (or "author") is committed to pitch the item or budgetary instrument to the purchaser if the purchaser so chooses.

(This gives right, but not an obligation, to buy a set quantity)
FYI Put is:
Put or put choice is a securities exchange gadget which gives the proprietor the right, yet not the commitment, to offer an advantage (the fundamental), at a predefined value (the strike), by a foreordained date (the expiry or development) to a given gathering (the dealer of the put). The buy of a put choice is deciphered as a negative assumption about the future estimation of the hidden stock.

Day 2:
Today dow made major U-turn from open to close. Being down -60 to +160 points.
Here is why Bloomberg reporting:
“President Donald Trump reached an agreement with European Commission President Jean-Claude Juncker aimed at averting a transatlantic trade war, Dow Jones reported.”
As Expected all my holding are heading down and I have 74 Days left. Here is why I not worried and sleeping like baby.
All the stocks I pick have stochastic below 20 and MACD negative.

Today I double down on position in WHR by buying 2 more contracts to at .20
This bring my average cost down to .30

Total Purchased: 9 Contracts
Cost = $272
Capital Required to Purchase Stock= $64k
Control 64k for .0425% of average of 74 days.

If you have any recommendation as to what I should add into the folder, comment below.
In the future I will host contests under here.