Cosmic's MarketPlace Wrap - 7/21/2011

[cosmic]

Wow quite a day. I have to admit I was sidetracked again today and couldn't watch - a friend arrived in town I have not seen in a while.

152 pts? Ok, so no baby bear. MOBI got thwacked, which is nice for my short calls, but I'm about at the point where they've outlived their usefulness - the premium was 1.15, the buy was at 9.88, so we are below the hedge but not by enough to get too scary yet. The Aug 10's are now at .45, so I've collected .70 so far.

No other trades.

Hope everyone made some money today and will do so tomorrow. Members, please post your results along with your RDA of smileys!

[demanuel2001]

Had a nice solid day up by more than 2%. Was doing great on LVS scalps until the fourth one. Gave back the profits I made from scalps 2 and 3 but kept the money from scalp 1. Got $45 $46 and $47 LVS calls that expire tomorrow - nail biting day ahead.

[tajmahal9898]

No trades.

still holding naked short 5900 VXX shares. today's unrealized gain of $7,400

Account value > 85K with unrealized profit i.e up 70%

[maxi]

took profits

SSN +5.6%

FEED +15.8%

ACI +8.2%

Added to GERN GERN unlost a lot today. my loss at least today is much more manageable. only down 2% now.

[exabi]

Sold LVS for a mili-micron above b/e. Rode it down twice since Feb buy...was ITM for a couple of days in early May. Now 99%+ cash

[Clinton SPX]

No trades
equities up 1%

[puurfectten]

nice goin taj...i should have rode that trade..had my finger on the button @ 24anyway.. shoulda coulda woulda...or something like that..anyway..dumped the gs/bac calls..got about 35% on em..wont complaine but still workin on the patience thing..still lookin to jump on the vxx calls..need a good push down first..will start biting @ 20...

[davetherave]

Portfolio gains were were capped at 1.2%. My monster gain in DEXO +12.7% was outsized by poor performance in FTNT. No worries though. ;D

Added to AGU and BOX. Trimmed NGD.