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Post by cosmic on Oct 20, 2010 15:02:39 GMT -5
Nice rebound today. This may start the topping process or be consolidation. Still expect 1135 at some point pre-opex, but looks less likely right now.  No trades today. Hope everyone made some money and will do so tomorrow. Members, please post your results along with your RDA of smileys!  |
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Post by tajmahal9898 on Oct 20, 2010 15:06:08 GMT -5
sold the long leg of VXX vertical call spread for nice profit (% wise).. now holding naked short VXX 15 calls.
Scalped INFN for 12 cents
Holding short 90/05 BIDU Nov call for net 3.75 debit.
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Post by snapplemoney on Oct 20, 2010 15:09:48 GMT -5
made .50 on lg bidu call pos
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Post by snapplemoney on Oct 20, 2010 15:10:18 GMT -5
and .20 on my spy pos
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Post by Rothschild on Oct 20, 2010 15:16:48 GMT -5
No trades today; I had hoped for a nice gap down that never came and decided to get some work done in the office for a change  Hope everyone did well today. All the best! |
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Post by jack on Oct 20, 2010 15:18:43 GMT -5
I'm surprised I don't own any AMLN (down 46% on an FDA disapproval)
Hope no one here has any.
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Post by sp7015 on Oct 20, 2010 17:30:24 GMT -5
Sold my appl weekly $280 calls that I bought last thur for 23.60. Ended up selling them today for 33.15.
It looks like it was good that I sold. Its getting to the point that decay is really going to kick in on the weekly's.
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Post by actuarynomore on Oct 20, 2010 17:56:16 GMT -5
I'm loving these roller coaster days!
Bought 500 FAS in am for $21.66 - Sold pm for $22.65
Sold 500 FAZ in am for $12.95 - Bought back in pm for $12.30
Little under $700 profit just scalping FAS/FAZ - I'm happy!!!
If I can average $500 a trading day, that's roughly $120K per year - When we meeting in Vegas?
Oh and I just couldn't resist another 1,000 shares of MVIS @ $2 bucks.
I WONDER WHAT T4D AND SLOOP THINK OF MVIS AT THIS POINT
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Post by exabi on Oct 20, 2010 18:08:11 GMT -5
Offline all day due to ISP outage - no trades. Damn you don't realize how much you miss the Internet...no reading of news, only TV. Hell, I even played solitaire on the puter for the first time. Cool and rainy outside, nothing in need of cooking....the day sucked.
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Post by brosin on Oct 20, 2010 18:37:16 GMT -5
Real LifeFFR was level at .19% - I insisted yesterday that (following the bearish move going into yesterday morning) if there was any substance behind the truly massive selloff we saw in the mid afternoon yesterday, the FFR would have shown it with further deterioration as the lending markets would've no doubt been spooked. It did not happen, which to me was a great sign. The market followed through on that. *Now* is the interesting point. As Rich pointed out, was this just a retrace upward before the wedge breaks down a little bit? Or, as many other indicators are telling me, is the backtest over and we now move on higher? My jury is out currently, but I am not yet a seller either way as you will see below in monopoly world. My FAS did ok today I thought. BAC inevitably lagged on it, and it was still pretty green. *I made a real life trade today!* Haha, but yeah I bought small amount (10 :  GS $165 weekly calls at $.14 this morning. Completely speculative, perhaps just boredom - it's been awhile since I've done much. I'd love to be able to play ITM options as I do in monopoly world (that's the way to go imo) - I don't have enough money to be able to do it yet commission-wise. Monopoly World tracked in the institute - fairly slow day but quite green... Big Cap - looks like it was a good move to go to an 85% long position yesterday. So far at least, all unrealized at this point... acct +2.5%, only 2 moves -bought more BAC $11.51 (it is now a 6x long position - count em ) avg $12.04 -sold 20% of what was a 3x long position in WFC @ $25.87 for 7.4% Scalp trades acct - I put an imaginary stop on that got hit at $22.56... those bastards!  thanks to the FAS held from yesterday, account +8% on the day Sold my FAS $22.56 (-.8%), bought them back $22.72 and holding unrealized .5% loss Options account - very nice day here, account +26% and now all cash, only 2 moves -closed out my SPY $116 weekly calls (held overnight from yesterday) half for 37% $2.03 and other half for 51% $2.24 All in all, accounts up 6.5% - very good day ;D
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Post by kbk3ck on Oct 20, 2010 18:51:40 GMT -5
Just sat here and made most all of my money back. LOL Would like to add to that in a big way tomorrow!!!  ;D |
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Post by Rich on Oct 20, 2010 19:11:32 GMT -5
Way to go, Joe! No trades here. Couldn't get long, couldn't get short. I think we are going to have some nice tradeable intraday moves. The bad news for me is I have a chimney and some roofs lined up, so unless it rains, I'm going to miss them. Maybe it's devine intervention |
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Post by kbk3ck on Oct 20, 2010 19:15:46 GMT -5
Thanks Rich. I can do a rain dance for ya if ya wana stay home.
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Hope everyone did well today. All the best!
GS $165 weekly calls at $.14 this morning. Completely speculative, perhaps just boredom - it's been awhile since I've done much. I'd love to be able to play ITM options as I do in monopoly world (that's the way to go imo) - I don't have enough money to be able to do it yet commission-wise. 
thanks to the FAS held from yesterday, account +8% on the day 
