A Tycoon's Trading Diary

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

Wednesday, April 04, 2007

No virtual platform, Wednesday

General notes
Have to finish with my application paperwork with Optionsxpress.com since they closed me off of my - now only virtual - account. I have realized that within 1 or 2 weeks I will go live anyway + I'm totally hooked on the convenience of optionsxpress.com. I will make that 1 day without it, I hope. Later in the day I could access my Optionsxpress.com account again. Thanks, guys!

Watchlist additions and trade candidates filtered
No additions.
TTC-A: ESRX, UNH, WCG.
GAPHV: BWLD.
MACDV: ALB, APH, CVH, POT, QQQQ, RAI.


Trade session notes
Nikkei...17544.09...+300.04...+1.7%.
Hang Seng...20209.71...+207.01...+1.0%.
FTSE...6361.60...-4.50...-0.1%.
DAX...7069.08...+23.52...+0.3%.
I managed to get onto myCBOE where I can trade on the same virtual trading platform that at optionsxpress.com.
10:14:49 AM My SNDK APR 42,5 Call reached (past) my first target and closed out 3 positions at $2,55 each. Then I swiftly put a tight (5% down from $2.6) trailing stop on the two remaining contracts.
11:53:07 AM The two last contract was exited automatically at $2.7 (Trailing stop on .SWQDV down by 5% from $2.9 (GTC). Order sent at 4/4/2007 11:52:19 AM ET with .SWQDV @ $2.75)

Open positions at market close 3 April 2007
.ACLEGACL MAY 135 Call$133.372

$4
($40.00)
.SWQDVSNDK APR 42.5 Call$43.915

$2.05
($25.00)