A little natural gas, and a lot of hot air.
Photo (c) 2009 Rebecca Abel Worple:
Friday, November 8, 2013
Twitter Day + One
So I now look at the details of yesterday's mistake: when I accidentally bought 300 options at market when I thought I was buying 300 shares of SDS at market.
My loss of over $500 was the commissions! On 300 option contracts on the November 8, 2013 (today) 33 puts on SDS. The options are now quoted at $.60. They were $.14 when I bought and sold.
My commissions on the 300 SDS would have been zero.