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Traded in GSS and ID for NYX. Took about 4-5% loss on both GSS/ID trades.
Happy October. What worked today was obviously being long. I was long the index funds, but didn’t have a full position on with those. It was still a huge day because the RUT put in a 4.8% day and the NDX did nearly 2.5%. The SMH calls were a great overnight trade of 28%. I [...]
Sold SMH Calls More Room On The Upside
01 Oct
Posted by Sensei @ 10:41 am | categorized under: Options, Radar, Trades
Sold the SMH calls I bought Friday. I took a 28% gain on the trade. I know there is more room on the upside and I’m having seller’s regret as we speak. A couple stocks I’m scouting today are: ALKS, MDT (again), ID, MCZ, GBN, and maybe MALL.
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