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Options Trader Weekly Review: Not Such a Good Week

Oct 11, 2009 - 1:23 PM EDT

Phil Davis submits:

Not such a good week!

Last week was FANTASTIC. We had 28 winning trades out of 36 with an average gain of 42% on the winners and an average loss of 12% on the losers - now THAT’S A GOOD WEEK. We were stopped out of most of our bearish trades on Monday but we took a lot of new ones, which I’ll get into later... Of course, since we are rangish and play both ends, the good news is we still had our "losers" and puts that we sold on long positions. Those turned into huge winners in just 5 days:

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Source: Seeking Alpha (Oct 11, 2009 - 1:23 PM EDT)