Posts Tagged ‘spls’


Posted by StockRake on December 1, 2007 in What Worked Today

What Worked Today 11302007

SPLS – Sold the options for 50% gain– less commish around 39-40%. The same options have jumped about 600% off the bottom though in 4-5 days. UA – Under Armour is finding home at these levels. I have it on a buy. Up 3% today, down over 20% though in the trade. RUT – The …

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Posted by StockRake on November 30, 2007 in Options, Trades

Sold SPLS Call Options

Took a 50% gain in the SPLS call options I bought on Nov 5 for .20. I got out today at .30. Really ends up being around 40% minus commish.

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Posted by StockRake on November 29, 2007 in What Worked Today

What Worked Today 11292007

Being long the RUT. That sucked. The RUT ended down about 1% for the 2x leveraged funds, while the other indexes closed higher on the day. Taking my NDX portion to cash yesterday. That sucked too. The gain in the NDX would have offset the RUT loss a little bit. What worked… ICTL – It …

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Posted by StockRake on November 28, 2007 in Market Comments, Stock Comments

Bears Getting Roasted Today

Markets are screaming higher today. SPLS – Staples is up another 5.4% today based on Goldman Sachs upgrade raising them to the top of their retail buy list. Thats 22% in two trading days off the bottom. I hate being early. SNDK – Breaking a downward trendline today and the buy signal went on a …

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Posted by StockRake on November 27, 2007 in What Worked Today

What Worked Today 11272007

Being long. Yesterday was a disaster in the market, and I was long. I couldn’t post because I’m on vacation and don’t have ready access to internet access. I saw what happened today. It looks like the bottoming process has definitely started. We should get a second up day tomorrow. We haven’t seen two in …

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