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Post by brosin on Oct 12, 2010 15:54:42 GMT -5
I have not heard from Cos today about filling in  But you know the drill, no boycotting this thread  I just drove by Bear Jamboree, and there appears to be another line out the door at the customer service office. Evidentally, even though tickets appeared on sale last night advertised as "as cheap as they are going to get," they got substantially cheaper today. This has fired up the crowd into an angry mob. Doesn't look good for the Bear Jamboree event planners; they should probably start looking for a new job. The market is at a 5 month closing high and sits right at the post-May 6 flash crash rebound level of 1170/73. We have closed above the May 5 close (1166) after today though. May 4's close was 1174. Above that level, and we have made up 100% of the ground that was lost from May / Flash Crash through July. Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of smileys.  |
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Post by jack on Oct 12, 2010 15:59:38 GMT -5
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Post by papasloth on Oct 12, 2010 16:21:16 GMT -5
Bought AVP at 33.99, and immediately wrote OCT 34 calls at .76 per share. If AVP closes at 34 or above on Friday, I make .77 per share (not bad for a 4-day trade). AVP closed at $34.54 today, so there's a pretty good chance this will happen. If AVP closes below 34, I can write NOV 34 calls, I expect around $1.50/share, and go from there.
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Post by timber on Oct 12, 2010 16:27:18 GMT -5
had a really good day despite the jazz short thing
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Post by puurfectten on Oct 12, 2010 16:43:05 GMT -5
3.. |
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Post by brosin on Oct 12, 2010 16:52:00 GMT -5
Got you a couple too Lee for being a good sport lol
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Post by cosmic on Oct 12, 2010 16:53:23 GMT -5
My Bad! I just came in to do it I was out pressure washing the patio.
No trades.
Thanks Bros ;D
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Post by jack on Oct 12, 2010 17:21:11 GMT -5
My Bad! I just came in to do it I was out pressure washing the patio. No trades. Thanks Bros ;D gas-powered? or one of those dippy electric Kirscher ones? |
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Post by exabi on Oct 12, 2010 17:51:14 GMT -5
My Bad! I just came in to do it I was out pressure washing the patio. No trades. Thanks Bros ;D Spent the day doing something similar....cloroxing the siding on the TH...successful job, most of the black stuff is gone....gotta keep the HOA off my ass. No trades today. |
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Post by Rich on Oct 12, 2010 18:19:24 GMT -5
I rode the bike and did a goodly amount of estimates.....
Looks like I'm gonna have to go back to work.
But that's cool, I like work.........
and money ;D
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Post by brosin on Oct 12, 2010 19:10:22 GMT -5
Real life: FFR was level at .18% - still at the "Have parachutes on watch" level, but a few points above the "Deployment" level at .16%. IRA was slightly down on the day but is still green on the year by $0.87. That will buy me a mountain dew for now... ;D FAS closed quite strongly today - it is starting to approach the 20% mark again. As much as I want to use Taj's suggestion to take a few different 20% gains rather than the big score, I have a hard time averaging into a position patiently enough, and kind of doubt I'll get an entry as good as $20 ever again. Monopoly World - tracked in blog majority of the "net worth" Big Cap had a strong day, +2.2% today thanks largely to CHK & TBT (I just how weak bonds were all day - take a look if you haven't seen it). Now even more commanding 10.5% lead over the market, +16% overall. 1 move today, sold my BKE for 4%, 2nd go around on that one. It is very tradeable. I am now 27% short, 30% cash, and 43% long fwiw Scalp trades Acct had very strong day, +8%.. +44% overall now (*scalp trading has a commanding strategy lead so far*) -Sold CHK from yest @ $23.92 for 1.5% -Sold FAS held from the past 2 days @ $23.08 for 2.1% ($22.80/22.40 entries) -Day traded FAS $22.37 to $22.92 for 2.4% -Day traded FAS $22.75/22.84 to $22.91 for .5% Unrealized breakeven on FAZ, bought small amount at EOD Options account - had to roll back quite a few trades in there, so still working on overall numbers. Trades today -Bought some SPY $118 oct puts, 2 entries midday and EOD avg $1.50 -Sold my AAPL $280 oct calls from yest EOD for total 14% on the trade -Sold my SPY $118 oct calls for .46 / 7% - entries the past 3-4 weeks @ .56, .44, .3 (*I don't like playing OTM calls like this, won't do so anymore; ITM calls much better*) -EOD bought AAPL $310 oct puts |
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Post by benvestor on Oct 12, 2010 20:33:10 GMT -5
Almost had a heart attack watching the futures last night.. good thing i was drinking with friends and passed out before i put a sell all order in for the open.. that would have been horrible.. woke up late and missed the nice drop headfake action.. Anyhow sold my 7 LVS calls for 2.22 from 1.80ish.. good ol' lucky number seven.. sitting on cash for tomorrow.. i think a slight drop in the morning and then a nice big day.. INTC earnings bodes well for the rally.. Hopefully JPM can follow suit  Good luck tomorrow everyone! ;D |
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Post by ask2lern on Oct 13, 2010 6:23:33 GMT -5
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jn1520
Broker/Dealer
Posts: 719
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Post by jn1520 on Oct 13, 2010 6:33:17 GMT -5
Held ALKS position through FDA decision, which turned out to be approval. Not much movement yet, but expecting a decent pop - especially due to another decision forthcoming. Plan on rolling this profit into AVNR for their binary event coming at the end of October.
I'll be keeping a close eye on financials. Kicking myself for not entering FAS a week ago.
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