A Tycoon's Trading Diary

True story of the making of a tycoon. Options trading, trading systems, wealth, money management...

Thursday, February 01, 2007

Short Thursday

Today's watchlist and trade candidate findings
No new watchlist addition. No new candidates found through neither screening templates (mostly due to the fact that they were trending against the market (30 SMA in different direction). Thus I will have to use yesterday's trade candidate sheet to have a look at possible trade opportunities.

Trading session
Had only RYAAY that was going up but the spread extended to bid $3 / ask $7,2 for the Mar 85 Call (just in the money). Thus, I opted out from venturing in it. (Also, I felt a bit sick thus I could not fully concentrate!)

Open Positions standing at market close 31-Jan
.ALBCP,ALB MAR 80 Call, $1.75 (-$125)
.QUKCL,DECK MAR 60 Call, $3.6 (-$200)
.VIQDR,VIP APR 90 Call, $4.7 (-$100)