A Tycoon's Trading Diary

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

Thursday, April 19, 2007

Venus, earnings season day 8

General notes
Got to renew my eIBD subscription later today, as I did not have cash on my fancy bank account.

Watchlist additions and filtered trade candidates
TTC-A, GAPHV & MACDV: (nil)

Trade session notes
Was closed out of my AAPL plain vanilla put that was a small winner as the stock opened gap up to the close. Maybe it would be a good idea to close out winner short term positions (a few days) before close when markets are so zigzagging.
Than later I wanted to lock in some profit on my IBM Put leg (did, but less than $11). Now, I have to wait for the Call leg to move $.5 to make the whole deal break even - or $6 for the stock itself quite a tought job for the month ahead :(...

Open positions at market close 19 April 2007
Plain vanillas
.QAAQR AAPL MAY 90 Put $90.27


$3.2
$60.00










Advanced positions and legs
.IBMET IBM MAY 100 Call $94.29


$0.1
($110.00)
.IBMQS IBM MAY 95 Put



$1.9
$10.00

.LMQEK LRCX MAY 55 Call $52.89


$1
($30.00)
.RFYDKRIMM APR 155 Call$132.492$2.20$440.000$0.00($440.00)