http://www.stockrake.com

Worked: Being long the indexes. The indexes yielded a little less than 1% gain today. XLF – Back up. I sold a portion of the XLF calls to raise cash for a speculative call option trade in Glassworks – GLW. GLW – Bought June 25′s. ITM @ 1.8 I just got a new tv so …

Read More

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 …

Read More

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 …

Read More

Sucked: Not being on board for this: Essentially my 3-4% loss in AKNS caused me to lose the trade above or something similar. Worked: Being long heavy in the NDX and RUT. 3.4% and 3.7% respectively. Out @ 76.88 was in @ 71.44. GOOG – Took 17% gain on the overnight trade. JOYG breakout. I …

Read More

Sold: AKNS @ 7.51 which was a great move considering its down to 7.15 now. Took about a 4% loss on this forced trade. I knew it was bad the moment I bought it. CPST @ 2.93 for a gain of 10%ish. I don’t like that CPST can’t make head way today on a move …

Read More