Wednesday, March 4, 2009

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)

Tuesday, March 3, 2009

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

Monday, March 2, 2009

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.