Futures down 5

Hoping to see some significant downside tomorrow to take off some of these puts. If the hedges work, i'll be riding freebies to the long side (march) and be positioned for April to the upside.

Profit-taking Friday

Sold quite a few of my HST calls (March and April). Just have 3 march $5 left.
Sold 2 March KG calls.
Sold my AKS @ .20 for 100% as well.
Few others too I can't think of right now.

Picked up shorts in BAC ($5 and $6 strike) and 1 in JPM as well $20.

I'm about evenly positioned for both down and upside next week BUT most of my calls are now April calls, so I would be more than happy to see the banks get CRUSHED next week.

Still short AMZN, TOL, BAC, JPM, AZO
Long AOB, KG, KEG, HST, ESV, TDW

maybe a few others.

Gotta love the cycles.

Inverted usually over-extend i'd imagine......

Yeah...

and

yup

Not a bad day......

Out 200k MODC @ .001 for 150%. Holding 100k left just for a lotto.

Out 250 in da mom's.....150 left there.

Dad's holding all of the 500k for a home-run. So far made some decent bank on it.


As for the options....not a bad day again. Market's are up nicely (150) with more to come i'd imagine. This is sweet. Haven't sold any calls BUT picked up a call on AKS (7.50). I really wanna milk this run for all it's worth.

Overall this bottom call is looking pretty darn good so far :)

In puts and out some more MODC

ILMn 30 put @ .20

Out MODC @ .0008 200k (300k left)

Other retirement out 300k @ .0008 and holding 400k in there.

Still 500k in the other.

Out some calls

HST April 1 @ .35 (took some profits)

XLF @ .71 from .35
AKS @ .40

MODC!

Damn. I can't post real-time entries because of my anxiety. BUT I NAILED this thing by accident. I had a 300k order in and wanted to cancel it @ .0004 and switch to 200k. I cancelled 1 and put in the other. Well both filled @ .0004 lol. Bought more in my mother's retirement account and it once again hit a new high today (the account).

Out 300k @ .0006 and holding 500k @ .0004 for more tomorrow.

500k in my dad's retirement @ .0005

500k @ .0004 and 200k @ .0005 in my mom's

Stop on this thing is .0003 right now :)

Still long EVERTHING

This is an inverted cycle just like the last it looks like ;).

BOTTOMS up!

Market up.....

Well not too shabby today. Could have been a touch better, but who's complaining ;) haha.

ESV, KG, KEG my unfortunate laggards.

KG is the one to watch though. Another 2,000 calls @ the April 7.50 strike. Hmmmm may have to grab some myself.

Hurst cycle.....

http://www.guerrillafunds.com/cycles-analysis.html

Interesting.

Cycle Length
13-week
26-week
9-month
18-month
4.5-year
9-year

http://www.pricetime.net/introduction3b.html

Back to penny stocks

Yes. Penny stocks are my bread and butter. I have cleaned up in these things and i'm back at it again. I trade them in 2 retirement accounts (which I don't mention on here) and my own small account. Over the summer I ran one from 1k up to 7k. The other from 500 to it's current value of 2250.

After JSDA (.41-1.05) and some extra cash in my Zecco account, I figured what the hell.....not only that but my strategy works fantastic for pennies as well (meant for stocks anyways...options like I mentioned were a bit harder).

Anyways, I'm in MODC @ .0004 and ready to add.

Bot AOB april

Picked up some april AOB calls @ .15 (7.50's)

Stopped out of ILMN put @ .55 (-.10) getting better at this stop stuff finally. Could have used this type of trading a few weeks ago. Wish I could stop out of my whole portfolio right now ;) haha

Picked up some XLF @ .35 (7.50 strike)

Just a bet that the financials could out-perform.

Stole some KG March's @ .05 too (7.50)

Market +70 and probably going to retrace a bit...but so far so good.

lol at my previous post......

I forgot I posted that. Anyways, I was stopped out of TOL put @ .20 from .25. It ran up to .40 yesterday so I figured I had enough wiggle room on that. Guess not. I need these stops/orders triggered based on the UNDERLYING. It's too fucking hard to guess where these options are going to move.

I'm out of my AAPL call @ .11 from .29.
ILMN in the puts again :) weeee .65 and once again showing a slight gain.
Last 2 times I traded this successfully. .60-1.30 and then .65-1.45. This one i'm going for the home-run since it's been diverging from the BTK as of late.

AZO not too shabby on these puts, but the premium was too high. I think i over-paid. Looking to get out @ .30 from .45.

Now to the longs......

I'm 70% sure we gap up Monday and follow thru to the upside. I'm HEAVILY positioned to the upside so we'll see how that goes.....been showing profits on AKS and KEG lately but let those run back down.

Speaking of AKS look at the volume compared to the open interest......something going on here. KG another one I like too.

110% technical now........

I'm on auto-pilot for the rest of my trading career. These "value-plays" I like so much are complete shit in this market.

AAPL is a $40 stock....wall-street is full of idiots.

Market bottom....NYMO divergence

Positioned for one and we'll get it IMO. Jobless is going to be make or HUGE break.

In KG APRIL 7.50's

In these APRIL NOT the front month 7.50 @ .25

In TOL 12.50 @ .25

Really like this new system.

Market is UGLY....real mess here

Some learning to do.....

What is VWAP???

Some longs

AOB, YHOO, AAPL, KG, ESV, HST

Got my eye on all of these. YHOO and aapl best bottom charts IMO.

Sold my AAPL puts @ .24 from .38 (great move). Got a new method for stops and entries that work great. Glad to finally change it up a bit.

Happy to see the move up. Sold all of my AMZN yesterday as well as ILMN too.

Only puts are AZO and TOL.

USB lookin like a nice bottom entry as well. This one I nailed too. Usually the method was to buy it back but the technicals indicated no and that certainly worked out for the better surprisingly. REALLY happy with this new method (when combined with my old)

KG wolf

Someone's buying March and April calls. Gonna be picking up a mess of this tomorrow. Fundamentally it's strong. 1.2 billion in cash make up most of it's market cap.

Out AMZN

Out my last put @ .55. Trying to reduce my short exposure. Sick of trying to play both sides of the market.

Closing rest tomorrow.

In some new puts

Out 1 AMZN put @ .53 (holding 1 more).
In AZO 115's @ .45
In TOL 10 @ .15
In AAPL 70 @ .38

Still looking for more downside. This market is going to start looking like a wheat corn chart finally (just like it should). Gov't intervention was stupid.

Out ILMN put

Took some profit @ 1.45 (from .60) Not bad for a hedge. Thinkin it may close that 29 gap but i'm trying to position for the upside since the hedge worked out. Still holding AMZN 50 puts and sold 1 off @ .58 yesterday (from .38) for a daytrade. Holding 2 now.

Added 1 more HST @ .10

More AMZN puts

Picked up 2 more @ .38 today
ILMN limit sell @ 1.95 wasn't hit yet still holding this


JSDA DAMN!!! out the last 500 @ 1.00. Nice ride on this thing. No clue what's going on today.