Taking Names and other things of that nature...

long apc 76.16
stop .5
target 77.26



long JPM 40.77
stop .5
target 41.37

 

stopped. long again... 75.30

stop .5
target 76.52

 

super. b/e after being up .7

JPM pulled for +.13.
reevaluating.


EDIT: Long APC one more time 75.18
stop .4
target 76.16

 

stopped out yesterday.

added some calls this morning to APC

 

long apc 74.53
stop .5
target 76

 

all the APC went bust.
quite a horrible call.
thought IHS would hold up 75-77 and then make that move to 80 for opex. didnt happen.
nice bounce off 68 for now, could be bottom.

while APC was stupid, did make some money with MS calls last week. bought more today.

bought RIMM (weekly) calls yesterday which were just sold for a nice profit.

trying to stop myself from averaging into options. only leads to pain.

still searching for discipline. reading some Mark Douglas recently at least.

 

went long MS at open 22.61 to 22.91

holding MS calls still, would like to see 23.6 today.

also not real time, but went long APC 72.22
stop to b.e.
target 73.18

EDIT: definitely wish i held those RIMM calls longer yesterday. got 30cents/contract - could have had a $1 by end of day.

 

out APC.
seeing if MS can break through 23 resistance.

 

quite the drop.

long APC 69.90
stop .6
target 71

 

hit.

not enjoying the action in MS (calls) at the moment.

EDIT: bought some more calls.