Everything was working today.
CPST broke out today on very big volume to another record 52 week high. If you’ve been reading SR since September of 2007 you know I like this stock.

The indexes had a great day today. 3.6% for the RUT and another 3.6%ish for the NDX. Nice.
My QQQQ calls which had their premium [...]

• Comments

I’m hanging on to every long idea I have right now which includes the double beta index etfs and funds as well as QQQQ calls.
CSCO options went to shite as well as the MSFT ones.
New purchases in DAR and GU are doing fantastic today based on DAR’s great report. This was an additional position in [...]

• Comments

What a new title? Something different? Yeh I’ll try it.
What Worked Today:
Going short this morning with the indexes. Made a little bit of scratch there.
QQQQ puts - Got in the May 48s saw 11%, well my computer did, I was working out when the price action hit, but managed to sneeze out 2%.
I think the [...]

• Comments

MSFT - Options looked great had 35% in the bag. Decided to hang on. MISTAKE.
QQQQ - Call options were rocking. At least I trimmed some of the gains, but I plan on holding on through next week maybe up into expiration. I see new highs a coming.
Being long the indexes worked. My index trading account [...]

• Comments

Bought:
MSFT calls this morning @ .95 they are up about 30% on the day. Deciding to hold them.
WFR Jun 90’s @ 1.35 they report tonight.
—
QQQQ calls from yesterday hit the 50% gain mark with todays rally/breakout in the compx. I sold about 30% of that position to raise cash for WFR trade.
Indexes look great.

• Comments

Worked:
Sticking with the longs.
QQQQ calls were good for 6% in the early action. In @ .82 out @ .87 (damn morning dip). About 10 minutes after I sold them, I saw that the market was going down, so I rebought the same QQQQ calls @ 1.02.

MSFT had a huge day today and I think [...]

• Comments

Worked:
Nothing really.
Sucked:
Indexes took a beating. Gotta have patience and discipline here. Loss of 4% for RUT and 2.6% for NDX. That bites. This is where discipline comes into play. I’m expecting a move this week. Maybe it comes on AAPL’s back tomorrow or MSFT’s either way the move up THIS week will need to eclipse [...]

• Comments

Happy leap year! Excuse the quick wrap up. I’m exhausted today, it must be the extra day in the month.
Worked:
AAPL Calls - I sold near the open for 125% gain overnight. However, there was more gain to be had in the neighborhood of over 200%.
QQQQ Calls - I bought near the end of [...]

• Comments

Being long. I wish I covered my index longs this morning. I contemplated it, but hung on. Still made money between my split positions of NDX and RUT. I am actually more skewed towards RUT about 60/40 and RUT closed up 1.6% and NDX down 1.4% so ka ching on the spread.
YGE - Nailed the [...]

• Comments

Sold: YGE @ 22.62 for a 16% gain overnight, QQQQ Feb 43 calls @ 1.48 for a 23% gain, SSO (ultra long SPX) @ 70.09 for a gain of 2.8% (forgot to mention that in midday yesterday), PMI @ 8.34 for a loss of 3.8%, SCA @ 2.10 for a gain of pennies.
Bought: PMI @ [...]

• Comments

Being long. The gap up this morning was a way out I didn’t take it though. Took a 4% hit on the NDX funds and a 3% hit on the SPX funds. Of course the RUT is now outperforming other indices.
Pretty much everything I tried buying today turned into a loss.
NOEC - Which I was [...]

• Comments

What a friggin day today was. I thought it was going to turn into a sucks post, but I was right. Today was an excellent reversal day. Dow down 300, NDX down 5%+, at one point today only to close up Dow +299, and NDX down only .34%.
I went long the indexes on Friday and [...]

• Comments

Sold CBAK at 4.51. Considering some QQQQ calls here.

• Comments

Being long. I called it yesterday in the comments of this post. I bought the dip yesterday nicely. I bought the ndx in my 2x funds, the qld which is 2x, CSCO calls, and QQQQ calls were all profitable. 8% in the NDX today for 2x funds. I’ve never seen a closing move that large [...]

• Comments

I sold my QQQQ calls for a 39.5% gain. I think at 2.07. I also bought QLD yesterday that I failed to mention. I sold that for a pittance of 1.5%. I bought it wrong.

• Comments