10/21 I closed the position at various prices from 2.55 to 2.1. with a Return on risk of 17-18%. 10/16 WBT SOLD -1 VERTICAL RUT 100 NOV 09 6...
I keep this blog as a journal to reflect my emotions, thoughts, and mistakes from trading. It is mostly so that I can improve and develop my discipline in trading. You can also find my scripts for thinkorswim (TOS).
10/21 I closed the position at various prices from 2.55 to 2.1. with a Return on risk of 17-18%. 10/16 WBT SOLD -1 VERTICAL RUT 100 NOV 09 6...
9/9 WBT SOLD -3 VERTICAL RUT 100 OCT 09 610/620 CALL @3.00 ISE, RUT MARK 586.66 I sold the 610/620Call vertical for $3.00 credit. Breakeven:...
7/16 TRADE SETUP: SOLD -1 VERTICAL RUT 100 AUG 09 530/540 CALL @3.45 ISE, RUT MARK 513.74, Max Risk =$6.55 Probability of Profit =6.55/10 =...
7/16 TRADE SETUP: SOLD -9 VERTICAL IBM 100 AUG 09 115/120 CALL @1.10 ISE, IBM MARK 110.48, Near the close I sold the 115/120 Call spread for...
7/8 The verticals was a good trade. I was correct about the direction. The RUT broke down to the 480 level from about 500. I managed some go...
6/19 Exited trade for $1.1 (13% return on risk) in trade for 2 days. 6/17 SOLD -2 VERTICAL IBM 100 JUL 09 110/115 CALL @1.55 ISE, IBM MARK 1...
6/15 This position has gone against me almost from day 1. The RUT closed near 500 and rallied up to 535 in a little more than a week. Given ...
5/12 Closed the trades at 2.65 for 5% and 10% gain. Turned out that the RUT closed below 500 on OXP week. Given that my position was taking ...
3/18 This is triple witching expirationa Friday. Today was FOMC announcement day. The FED kept rates unchanged from 0- 25bps and said that i...
2/10 The market didn't like what Geithner had to say about the bank rescue. His speech didn't have specifics,so the market sold off ...
WBT SOLD -1 VERTICAL RUT 100 FEB 09 500/510 CALL @2.19 ISE, RUT MARK 465.07 I sold this earlier in the day, so I got less credit than the pr...
2/5 I exited one of the positions when the market when down today for $0.55 (+2.09 or +79%). Later in the day the market rallied to end the ...
1/27/08 SOLD -1 VERTICAL MCD 100 FEB 09 60/62.5 CALL @.90 ISE, MCD MARK 59.04, 24 days to Expry Risk managment exit if close above 60.1. Pot...
1/26 exited vertical for $0.43 (+$0.92 or +68%) Stock has been falling due to weak market and also fell hard in am after reports of heavy in...
1/29 glad I exited the trade, the markets pulled back. 1/28 I exited the trades for average price of 3.67 (+0.33 or +11%). Considering that ...
12/30 Exited for 3.02 (+20.5%) Major indexes rallied from GMAC TARP assistance. 12/29 SOLD -1 VERTICAL RUT 100 JAN 09 460/450 PUT @3.80 ISE,...
7/24 ( POSITION CLOSED ) Bearish day today due to worse than expected home sales. Was able to get out of position for 2.00 for a gain of .2 ...