I have now both $75 calls and $70 calls (short). I need to sell $65 puts today to balance my position. I probably will unwind my position within 2 -3 days. I have already locked $0.4 profit, I need another $0.1 to reach my profit target.
Long FRX from this week, target is $46.74. morgan stanley inventory shuffle--no hype on namenda. EDIT: target is $48.50, my mistake.
MSTR Did a bear spread on this one a couple weeks ago. Talk about going the wrong way - yikes! Luckily it was just a small vertical. I'm making it up with my longs!
There have been a dozen or so trades in my lifetime where i bought the exact low or sold the exact high. Just sold some FRX at the high, still positioned long with more cash on hand now.
Potential fun here following an inside day. This should be nice for a quick scalp if you can play several thousand shares: BRCM daily chart -
Position is closed today. Overall profit on this trade = $0.60. It took a little longer than usual, but worked out great! So, I'm flat RIMM at the moment.
Is GENZ finally slowing down for a couple months? I hope so. Did a few 70/75 Sep Bear Calls. I got lucky enough to already have closed a few long Jan06 calls I got before the runup. Still got one, so this is a no-risk (except for profits!) trade.
Increased activity in XLE this week. Evidence short side skiddish so there are buyers to sell to as well.... could be QM rollover lockout...either way there are some good setups for quick profits...good trading
Closed this today for 3.7. Might have gotten more if I waited, but I keep lettin' these get away from me...