--- CFC closed up 6.24pts on May 9th from my long April call. LEH closed up 6.60pts on May 9th from short call. OIH closed up 11.76pts on May 9th from long call.
going back over these number, had I held these stocks, I would have made: net gain: 26,412 net loss: 11,465 commission: 91 net gain 14,856 in about 1.5 years. This would be a 49.52% gain on my 30k starting capital, however the boring, laid back approach to "investing", and the quick profits possible from day trading has kept these numbers only on paper. Maybe it's true what they say " Being bored out of my mind will make me a millionaire faster"
Trading isnt about excitement, its about executing a well devised plan over and over and being disciplined and focus each and every day. Its not about gunslinging and going "all in". If you want or need those kind of thrills, go skydiving or mountain climbing or something along those lines. Trading isnt the avenue to seek thrills.
jumping back into this journal bull calls: VLO (valero energy) to 20 by Aug 1st/ 09 BIG (big lots) to 26 by Aug 20th/ 09 NFLX (Netflix) to 46 by Aug 1st /09 CSTR (Coin Star) to 32.80 by Aug 20th/ 09 BWLD (buffalo wild wings) to 37 by aug 1st/ 09 FSLR (first solar) to Bear calls on: SYNA to 32.80 by aug 1st /09 these picks reflect where I think price will be 30 to 50 days out.