A very trying day that will probably finish folding out tomorrow. I have open 2 GE puts, 1500 CTX and 600 FNF. I should have already been out of both CTX and FNF but tried to get a little more on both and it went the other way. My actual exit bid on CTX was the bid @ 23.82 but the low on the bar at about 1230 was 23.83 and then moved higher without looking back. The better course of action on this would have been to move up and take 50 cents per share instead of holding out for that much (about 75 cents per share at that time) Watching CTX rocket after 2pm was no surprise and I will see about shorting some more in the AM if still higher than the high of today. FNF moved up about 21% today. same thing here. I would expect a pull back tomorrow by afternoon. both CTX and FNF have the 60 day below the 90 day. both have the 60 and 90 day breached with todays bar not yesterdays. (CTX doesnt matter as I should have exited at the correct amount) open ~ -3000 + 188 for the day +544 for the week +7432 for the month/year
A little luck now and then never hurts and thats what I had today with FNF. it dropped down and I walked away with a small profit. covered 2 @ 16.75 4 @ 16.77 +25 for the trade
CTX continues to stay positive for most of the early morning so far. It did dip into negative and appeared to be ready to give back from yesterday but then turned north again to breach the 28 dollar mark. I shorted again at 28.19 (while driving into the office from an order I placed at home) that puts me at 17 units @ ave 26.08
Slow day. no opening trades but did add to my CTX short that I am still holding. Open - ~ 3000 +25 for the day +569 for the week +7457 for the month /yr
L MRK 2 @ 43.87 2 @ 43.15 2 @ 42.68 S:6b basically watched it free fall until it hit about 42.35 and then it hit the afterburners and jetted back up. Just about as good as it gets for my signal sold out at the following 2 @ 43.60 2 @ 44.46 2 @ 44.64 +600 for the trade
Shorted some more CTX today as it climbed early in trading. 2 @ 28.84 2 @ 29.86 total of 21 units at this point with a ave price of about 26.68ish CTX gave off another 6b signal but I was at home during the start of the session. Was very happy to see CTX pricing finally break and for as far as it did. Started buying back CTX 2 @ 27.11 2 @ 26.97 5 @ 26.95 5 @ 26.99 3 @ 27.03 4 @ 27.02 - 629 for the trade
ended the day still short 2 GE 35 Feb puts Lost a little bit today but considering I ended yesterday down 3000 and started out even further down today I am happy with how today ended up. Open - ~ 100 - 28 for the day + 541 for the week + 7429 for the month/yr