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Post by cosmic on Nov 11, 2010 16:07:23 GMT -5
Woof! Who invited Debbie Downer to the party? Feeling pretty good right now about doing a sweep of LT accounts on Tuesday.  I am not trading this pullback short but as we head into OPEX I can imagine there will be more call premium destruction. Seems like breadth was broadly negative.  No trades today. 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 demanuel2001 on Nov 11, 2010 16:12:37 GMT -5
Got myself whipsawed in LVS today due to the negative gamma. Then TDAmeritrade flashed a "potential margin call" message on my screen. Don't quite understand that as my position doesn't look that big. Flushed some of the junk out of my account but still have the message - doesn't make sense to me as I don't think I'm anywhere close to busting the margin requirements. Oh well. Overall, looks to be a down $10K day.
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Post by ask2lern on Nov 11, 2010 16:17:01 GMT -5
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Post by maxi on Nov 11, 2010 16:21:21 GMT -5
ADBE + 10.37%
HAL + 9.60%
SVA + 13.03%
TGB + 0.22% bought more
URRE + 5.43%
JOEZ - 1.15% bought today
XRX - 0.18% bought more today
Also went crazy and bought and sold ACI. I have a screaming headache.
The ACI trade was not shares to warrant the stress so I will try again tomorrow and buy some real shares.
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Post by tajmahal9898 on Nov 11, 2010 16:22:22 GMT -5
scalped 13 +7 = 20 cents today.. ~40 cents yesterday on 15K stocks.. = 9K realized profit
bought CISCO diagonal - 100 contracts
long dec 20 calls for 1.07
short Nov weekly for .0.7 (they expire tomorrow)..
net $1 debit or 10K
b/e 21
max loss 10K
max profit -- unlimited -- reality around 20K
I will continue to write short call every week against long leg as I discussed last week..
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Post by tajmahal9898 on Nov 11, 2010 16:24:14 GMT -5
are you forgetting your alphabets.. where is C after B..  |
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Post by maxi on Nov 11, 2010 16:27:25 GMT -5
are you forgetting your alphabets.. where is C after B.. Lol I told yah I had a screaming headache! LOL... By the way I almost regret not holding the ACI it is a coal company Arch Coal. But I just could not take that it is up so many days in a row. And did not hold the high. There has to be a better entry (famous last words) |
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Post by brosin on Nov 11, 2010 16:39:28 GMT -5
Real LifeThere was no FFR as it was a holiday, so we remain at .17%. This is in the .17-.18% "Get Your Parachutes On Watch" levels, but is a long way away from the .19% All Clear signal for the bulls. It is only .01% above the "Deploy Parachutes on Risk" level, and should there have been a FFR today, the CSCO news most likely would've put us at that .16% level. I'm VERY interested to see the number tomorrow. My 1/2 FAS was red and I am starting to consider whether my $22.50/23 (or even $23.50 [mentioned yesterday]) would be being patient enough; I wonder. That is still the plan for now though. Monopoly World / real time entries tracked in the blog - very slow day today as I got what I anticipated (red day / start to the correction) but didn't see any gains to take. Big Cap - no moves here, down -.6% on the day, even with 100% short position I still have a negative buying power in there (did not meet my margin call today), so I will have to do something tomorrow or Monday at the latest. Still 100% short, 0% long, 0% cash (only been this way since Monday) Scalp Trades - no moves, still holding large FAZ position (unrealized -.5%), but was +8.5% on the day and hit a new closing high in that account (just barely) img219.imageshack.us/img219/8743/scalptradesasof1111.png Options Acct - saw the most action today, and had a very strong day of +26% (+163% since inception now) I closed out half my big SPY Nov $124 put position very early this am (@ $3.39, $3.42, $3.38, $3.37, $3.34, $3.31) for nice 40% gain on that half so far (still holding other half, unrealized +13% right now Mid-late day, I wanted to get back into a full put position, but rather than go at the Nov $124s again w/ expiration only a week away [would potentially cause margin issues], I went into the Dec $123 SPY puts, avg $3.73 unrealized -5.4% Date Opened Contracts Buy Price Sell Price Total Cost 11/11/2010 SPY Dec $123 puts 100 $3.47 $34700 11/11/2010 SPY Dec $123 puts 100 $3.47 $34700 11/11/2010 SPY Dec $123 puts 100 $3.59 $35900 11/11/2010 SPY Dec $123 puts 100 $3.68 $36800 11/11/2010 SPY Dec $123 puts 100 $3.77 $37700 11/11/2010 SPY Dec $123 puts 100 $3.73 $37300 11/11/2010 SPY Dec $123 puts 100 $3.78 $37800 11/11/2010 SPY Dec $123 puts 100 $3.96 $39600 11/11/2010 SPY Dec $123 puts 100 $3.95 $39500 All in all, accounts +4.1% overall
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Post by Rothschild on Nov 11, 2010 16:47:09 GMT -5
I didnt get to book any gains today but we do have ourselves a POMO Friday then POMOs every single day next week (havent seen that in eleven years! Yes the run to nasdaq 5000s ;D) OK, bought me banking stocks today Wfc @ 28s, Usb @ 25.10s, plus a small Fas position.
Hope everyone made plenty of dough today like John D. Rockefellers Standard Oil, and will continue to do so ;D
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Post by benvestor on Nov 11, 2010 17:30:55 GMT -5
slowly recovering on my SLV options buy.. going to possibly double up in the morning tomorrow and sell 75% if it gets a nice pop..
Holding 3 FAS 29 calls that have had their premium drained from .40 to .7 in the last 3 days.. hopefully we see some sort of pop next week.. could it have been an XLF headfake? i dunno
If it drops.. still need to think about that one.
I remain bullish and see shorts lining up.. but FFR negative and big names look to be consolidating or maybe topping..
I remain undereducated and struggling to find my groove lol
GL!
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Post by benvestor on Nov 11, 2010 17:31:36 GMT -5
I didnt get to book any gains today but we do have ourselves a POMO Friday then POMOs every single day next week (havent seen that in eleven years! Yes the run to nasdaq 5000s ;D) OK, bought me banking stocks today Wfc @ 28s, Usb @ 25.10s, plus a small Fas position. Hope everyone made plenty of dough today like John D. Rockefellers Standard Oil, and will continue to do so ;D that is alot of POMO.. maybe that NAS cup and handle really does happen.. |
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Post by novice08 on Nov 11, 2010 17:56:54 GMT -5
Only bought some exk @6.15...  |
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Post by Rich on Nov 11, 2010 18:06:27 GMT -5
No move after the gap down. I hate that.
Made some decent money on the roof today.
I was wrong about 1200, thought for sure that was where it was going.
Even 1190's. I did notice it bounced on the other side of the down trendline it crossed the day before. I would have to call the sequence bullish.
I need a shower.
bad.
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Post by jack on Nov 11, 2010 18:12:50 GMT -5
No move after the gap down. I hate that. Made some decent money on the roof today. I was wrong about 1200, thought for sure that was where it was going. Even 1190's. I did notice it bounced on the other side of the down trendline it crossed the day before. I would have to call the sequence bullish. I need a shower. bad. Rich - I know that shot of Ann-Margaret is hot but remember she's around 30-40yrs older now. LOL!!! |
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Post by Rich on Nov 11, 2010 18:14:38 GMT -5
Ann and Raquel and Farrah and..boy we could go on for a while, couldn't we?
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Post by jack on Nov 11, 2010 18:22:38 GMT -5
Ann and Raquel and Farrah and..boy we could go on for a while, couldn't we? Man if women looked like Raquel in "One Million Years BC" I want that time machine! LOL!!!  |
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Post by exabi on Nov 11, 2010 18:56:23 GMT -5
are you forgetting your alphabets.. where is C after B.. Lol I told yah I had a screaming headache! LOL... By the way I almost regret not holding the ACI it is a coal company Arch Coal. But I just could not take that it is up so many days in a row. And did not hold the high. There has to be a better entry (famous last words) This run-up on the coalers surprised mee...PCX and CLD have been strong the last few days. No trades today, went to the gun range with a couple of Vets, Father-in-law and Brother-in-law, gave my 97 yr old Colt 1911 a little work-out |
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Post by popistoc on Nov 11, 2010 20:45:41 GMT -5
Sold 100 FAS for small loss.
Scalped CSCO for 20 bucks (!)
popistoc
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jn1520
Broker/Dealer
Posts: 719
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Post by jn1520 on Nov 12, 2010 8:05:52 GMT -5
Held my 535 shares of HGSI, up almost 10% now (which eliminates my loss from SOHU earlier in the week). Also riding BIDU with 60 shares up a few % putting me back in the green. TGIF! Although, I've noticed that I live for Mon - Fri now because of the market. I think I'm addicted to making money now GLTA and happy trading! |
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Post by brosin on Nov 12, 2010 12:17:55 GMT -5
Monopoly World / real time entries tracked in the blog - very slow day today as I got what I anticipated (red day / start to the correction) but didn't see any gains to take. Big Cap - no moves here, down -.6% on the day, even with 100% short position I still have a negative buying power in there (did not meet my margin call today), so I will have to do something tomorrow or Monday at the latest. Still 100% short, 0% long, 0% cash (only been this way since Monday) Fwiw my margin call is now gone, back to a positive buying power |
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..............I keep it in the same account as MVIS, DDSS and IMGG...................my junk lot 
