I missed posting about this yesterday, due to some family emergency, but I had to cover my index shorts yesterday. With the 3 day trade I recently did I’m still up, but yesterday was a frickn whopper of a move that gave back junked alot of my profits.
As usual some stocks that I’ve posted about [...]

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I’m pissed I cashed out yesterday because there was a monster move in the indexes today. At the morning pricing at Rydex Funds I could’ve been staring at a > 6% gain in the RUT.
I did make back a significant amount of money in the RUT 810 calls though. This is a big deal. They [...]

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Being long. I really needed this trade to go well. I was running bad there for awhile.
Can I complain about EBAY and ERTS for awhile? Both of those stocks have moved in a way that if I just held onto my options they would be very profitable at the close today. Instead I went out [...]

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RUT calls - I basically churned in RUT calls today, but the final trade I made was right. In fact, if I wasn’t so chicken sh$t about my positions lately I would’ve just held all my RUT calls from my first buy till tomorrow’s close. I’ve been rattled lately as my trading account had a [...]

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Overloading my trading account to one play. EBAY. Stupid move. I won’t do it again. Lost a nice chunk of it, but I was swinging for the fences and I did calculate my risks. I actually lost less than I was willing to lose on the trade if you can believe it. The official numbers [...]

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Did I say I tell you?! Fucking ERTS. I hate ERTS and EBAY officially. I’ll post the chart later tonight on ERTS. It shows a lovely whipsaw. The options I sold not too long ago for 67% loss, are now in the money. Getting whipped is no fun.

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I dumped all my Ebay Calls for a big loss. I did it for cap preservation. I think EBAY is still ok, but I’m vowing never to trade it again - every trader has said that before :). I’ve been burned with Ebay in the past.
The money I lost on this trade puts me back [...]

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I bought more EBAY August 35 calls. Practically doubled up.

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ERTS is back to where I sold. I knew it would happen.
EBAY is taking a huge hit today. My options are down 70%+ I’m hanging on because they are August calls and since they are almost worthless now, why not wait for the oversold bounce at this point? Ebay could be down on options manipulation [...]

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I don’t know if the general market has shifted to a sell the news mentality or not, but EBAY’s numbers were great. I’m biased because I’m long, but say what you will, the quarter was good. Paypal and Skype saw huge gains as well as the other smaller businesses like StubHub.
Conference call sounds good so [...]

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Damn everytime this stock moves higher it reminds me that I had it back in February.
EBAY reports tonight. I’m overweight in EBAY and getting a bit worried based on todays action. However, that probably means its going higher.

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Being long. The index funds churned out about 1% today. I’m still there.
HSKA - Bounced a little bit today.
What Didn’t Work Today
My home builder lottery option trades are slowing going down the tubes…
MDT call options are also dwindling. I’m considering sucking it up and taking the loss there which stands at 60%.
What Will Hopefully Work [...]

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I bought the EBAY August 35 calls for 1.4 a few minutes ago. I still own the August 32.5’s as well. So…lets go EBAY!

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Nothing, but EBAY really.
My BZH calls took a big hit. This is a lottery ticket trade so I’m already counting it as a loss. I then got stupid and tried something special. I bought KBH July calls hoping for a short squeeze this month. These are really lottery ticket options and again already chalked [...]

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Being long. Yeh it feels good when you are fully invested and the market roars to new highs. It was a huge day and I’m happy I was on the right side.  The index funds did 3.9-4% gains today.
NDX call options - Took a 60% gain selling out at 20. “I notoriously sell early so [...]

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