(Yikes am I gonna be the only one going long here?... Be strong and stick to the rulez!)
Initiated long position with DIA March 120 call @3.60.
Open Positions : 2
Wednesday, February 28, 2007
Tuesday, February 27, 2007
2007-2-27 A brutal day ... for some.
No trade today. Open position : 1 (DIA March Call)
So I was watching CNBC during my lunch hour. Dow was trading down 250+ some points.
A newswoman was reporting something about the market, I don't remember. At the end of her reporting, she looked up at the indices ready to report the trading level of Dow.
Wait, is it my eyes or does CNBC's meter had gone busted? -2xx had just gone -5xx ? She looked puzzled too so it must not have been my eyes. Hmmm let me check my charts,
So I was watching CNBC during my lunch hour. Dow was trading down 250+ some points.
A newswoman was reporting something about the market, I don't remember. At the end of her reporting, she looked up at the indices ready to report the trading level of Dow.
Wait, is it my eyes or does CNBC's meter had gone busted? -2xx had just gone -5xx ? She looked puzzled too so it must not have been my eyes. Hmmm let me check my charts,
Ok it's showing -500 on my chart too so it's got to be real... and a -250 point drop in just 2 seconds, top, wow. Well at least my downside is limited. If this DIA call has gone busted I am still up 6% for the year. All in all, I am experiencing something that's unavoidable and I am glad the feeling wasn't so bad. The market ended trading down -416 points. Oh well just another day.
Thursday, February 22, 2007
Wednesday, February 21, 2007
JW Trading Journal : 2007-02-21 Result
2007-02 month to date return 4.77%
2007 year to date return 12.79%
vs. 2007 year to date SPY (S&P500) return 3.08%
Open position: 0
Refer to yesterday's post, the remaining of call options were sold at open on 2/21/2007 @3.5 which should've been sold @3.8 the previous close. I guess I could've act a little faster to avoid such an Un-necessary loss.
2007 year to date return 12.79%
vs. 2007 year to date SPY (S&P500) return 3.08%
Open position: 0
Refer to yesterday's post, the remaining of call options were sold at open on 2/21/2007 @3.5 which should've been sold @3.8 the previous close. I guess I could've act a little faster to avoid such an Un-necessary loss.
Tuesday, February 20, 2007
JW Trading Journal : 2007-02-20 Result
2007-02 month to date return 5.67%
2007 year to date return 13.75%
2007 year to date SPY (S&P500) return 3.12%
Open position: 1
Indicator changed in the last minute, was not able to close all positions in time. The remaining of call options to be sold at open on 2/21/2007.
2007 year to date return 13.75%
2007 year to date SPY (S&P500) return 3.12%
Open position: 1
Indicator changed in the last minute, was not able to close all positions in time. The remaining of call options to be sold at open on 2/21/2007.
Monday, February 19, 2007
JW Trading Journal : 2007-02-16 Result
20070216 month to date return 3.69%
2007 year to date return 11.64%
2007 year to date SPY (S&P500) return 2.9%
Would have made 30c more on the SPY Feb 141 call if I wasn't being forced to liquidate the position at 1pm ET instead of sell at the mkt close, due to 'insufficient fund to exercise the option'. :(
2007 year to date return 11.64%
2007 year to date SPY (S&P500) return 2.9%
Would have made 30c more on the SPY Feb 141 call if I wasn't being forced to liquidate the position at 1pm ET instead of sell at the mkt close, due to 'insufficient fund to exercise the option'. :(
Sunday, February 18, 2007
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