A Tycoon's Trading Diary

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

Tuesday, May 22, 2007

The bus is still full

General Notes
Wanted to try on new trades but no possibility as the trade line was full (5 trades are opened).

Watchlist Additions
CROX - Crocs

Filtered Trade Candidates for the Day
TTC-A: GRMN, MLM, ACL, LM, SLB, TSO, FFIV
GAPHV: CTRP, FMCN, X, RIMM, CHE, GS

Trade Session Notes
Nikkei...17680.05...+123.18...+0.7%.
Hang Seng
...20843.92...-83.83...-0.4%.
FTSE...6630.20...-6.60...-0.1%.
DAX
...7649.20...+29.89...+0.4%.
CBOE VIX 13.30.54
Day's Eleven 1668,98 13.34 / 0.79%

Open Trades as of EOD 21 May
Plain vanillas
.CQDJQ MICC OCT 85 Call $86.32 1 $9.90 $990.00 9.3 $930.00 ($60.00)
.MTIL MT SEP 60 Call $59.12 1 $3.60 $360.00 4.1 $410.00 $50.00
.PAQHR PCAR AUG 90 Call $88.19 2 $4.00 $800.00 4.4 $880.00 $80.00

Advanced positions - remaining legs
.UPUGR CTSH JUL 90 Call $78.42 1 $5.60 $560.00 0.59 $59.00 ($501.00)
.SWFGI SNDK JUL 45 Call $44.27 2 $2.75 $550.00 1.85 $370.00 ($180.00)
.SWQSV SNDK JUL 42.5 Put
2 $2.30 $460.00 1.25 $250.00 ($210.00)