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Post by cosmic on Apr 12, 2012 15:31:43 GMT -5
Geez all I saw when I opened my screen today was DNDN, and if I had only stayed in the short play at 16.xx I would have done quite well. Talk about a steep cliff. The thing is, it's right there getting settled in my lower buy zone. I'm feeling tempted. Like mayyyyybe Friday tempted, not after hours tonight tempted lol  No trades  Lots of stuff going on at rantfinance.com - if you haven't registered get 'er done. ;D 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 Apr 12, 2012 15:36:49 GMT -5
Executed my first ever short trade in SBUX today and covered for a $40 loss. There is no excuse for that move the +DI -DI indicators were clearly favoring a long position when I took it on.
My bad
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Post by tajmahal9898 on Apr 12, 2012 16:14:18 GMT -5
This is probably my second last post here... unfortunately, due to time constraint, i won't be able to join the new site. Congrats to Brosin and Cosmic for doing an amazing job there... Wish you guys all the best.. VIX was down $1.70 today. I am holding 15K synthetic short position via 100 puts (10k shares) and 5K short shares (which got assigned to me).. so it was a relatively good day... These options expire tomorrow, keeping my fingers crossed.. I am still behind on TBT.... Have not started the week on a positive note - down 15K (10K TBT, 5K VXX).. shorted VXX 19 calls, long 19 puts for 12 cents. will sell 18 puts if and when VXX goes down. Playing with fire -- sold 17 weeklies for 79 cents - 50 contracts...trying to scalp 10-15 cents.. |
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Post by brosin on Apr 12, 2012 16:18:32 GMT -5
Taj! That's a bummer (understatement of the year award).
I hope when you have more time opened up that you will come and join us!
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Post by PoorHomey on Apr 12, 2012 16:49:21 GMT -5
I went ~120% long in PM after the jobless claims.  While it was profitable, I don't think I'll be tempted to try that again anytime soon - way tooo scary.   |
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Post by sloop on Apr 12, 2012 16:51:57 GMT -5
Executed my first ever short trade in SBUX today and covered for a $40 loss. There is no excuse for that move the +DI -DI indicators were clearly favoring a long position when I took it on. My bad I know how you feel but 200 times worse..If you know what I mean..lol! |
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yjfang
Broker/Dealer
Posts: 525
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Post by yjfang on Apr 12, 2012 16:55:08 GMT -5
Reposted from Rant Finance.
Rolled my short LVS $65 Puts expiring on 4/21 to 5/19 for a net credit of $1.35. I am not confident LVS will be at $65+ by next Friday. Still long some ERX (unhedged) and UPRO (hedged down to $65).
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yjfang
Broker/Dealer
Posts: 525
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Post by yjfang on Apr 12, 2012 16:56:06 GMT -5
SNAPPLEMONEY!!! If you are reading this. Please join us at Rant Finance. In addition to your trading insights, we miss dearly your lunches!!!
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Post by kryptos2009 on Apr 12, 2012 17:24:01 GMT -5
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Post by jack on Apr 12, 2012 18:30:15 GMT -5
Executed my first ever short trade in SBUX today and covered for a $40 loss. There is no excuse for that move the +DI -DI indicators were clearly favoring a long position when I took it on. My bad I know how you feel but 200 times worse..If you know what I mean..lol! Hell no! Say it ain't so! Should be 5X worse not 200X!!!! Watch....tomorrow the bottom will fall out ya know that whats gonna happen right? LOL!!! |
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