http://www.stockrake.com

Buying calls and on the Q’s and loading the boat with QLD. I sold the QLD with a 1.1% gain, but I was up as much as 4% when the Nasdaq looked like it was going to bust upwards. I don’t know if there was a lesson to be learned with this trade. I thought the market was going higher. It did from my buy point. Then I thought it would break upwards. It didn’t. So I took what profit I had left.

I thought I put in a calls purchase order, but apparently the order didn’t go through. I’m out of powder . I’m down 11% on the options, but that will go away real quick with any upside tomorrow. Actually there was a point today where they were showing a 6% gain. I could’ve taken that profit, but it looked like the market was going to run and by the time it started turning down it wasn’t worth it to drop the options. A “Trade Trigger” (I have an account with Ameritrade) or standing order might have been a good idea in this situation to achieve the gain.

USOO popped 9% today. Its one of my long term holdings. I got an insiders alert from j3sg.com about USOO and I added to my position before the pop today.

Here are the insider buys made last week:
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