bought back BAC 8 strike 0.9 at the closing, and some 9 calls, all green still hold KBH call, get to wait it to hit 13, already 100%+ bought 5000shares of HUSA stocks (I found there is no suitable option for it) at 1.4 at the closing, it will rock, wait for it to hit 2.0+ to unload
sold all BAC 8 calls in the opening, kept the 9 call. sold all KBH calls at 2.75~2.82, almost tripled. used 30% profit to buy 13/14 calls OCT/JAN. old HUSA with B/E, lost some commissions. will not touch those penny any more. there is no trending. against my rules. get to shift back TLT. tomorrow, it will be an interesting day.
to sum up. my idea in this trade is break up from 11.0, actually before it runs up, all green bar. it already teased around the 11.0~10.6. another idea is the rate is so low, IYR reaches new high, home builders march higher in a trend. why 13 as my target, I used some kind of measured move, from 9 (bouced from 50 EMA) to 11 is 2 points, so 11+2 = 13. home builders will continue marching higher, that is why I bought some further month calls. hate to trade index, most time there are no obvious rugalrity.
did not realize I have another position in my retirement account. thought I already sold them. this is a surprise. really makes me laugh.
after I closed my september calls, though I bought a little bit early, get to laugh, my october 13/14/15 calls of KBH shoots to moon, some tripled, some doubled even more. looks KBH will head to 20+ pretty quickly. get to buy some more of 17/18/19, this train really is a winner.