A Tycoon's Trading Diary

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

Thursday, May 10, 2007

Dumby Thursday

Watchlist additions and filtered trade candidates
PCR- Perini.
TTC-A: ANF
GAPHV: X

Trade session notes

Yesterday 12:25:20 PM (after I have left the office). Trailing stop on .IBMGA down by 0.1 points from 3.3 (GTC). Order sent at 5/9/2007 12:25:05 PM ET with .IBMGA @ 3.07.. It hurts a bit but I had to risk that part of the profit for the probability of higher grounds.
Nikkei...17736.96...-11.16...-0.1%.
Hang Seng
...20746.27...-98.51...-0.5%.
FTSE...6544.40...-5.20...-0.1%.
DAX
...7455.81...-20.18...-0.3%.
CBOE VIX 12.88-0.33
Issues that I wanted to make a trade for TTC-A (PCU), GAPHV (JEC).

Open positions at market close 9 May 2007
Plain vanillas
.MTIL MT SEP 60 Call $57.35


$3.4
($60.00)
.PAQHR PCAR AUG 90 Call $88.85


$5.1
$220.00
Advanced positions - Leftover legs
.UPUGR CTSH JUL 90 Call $79.70 1 $5.60 $560.00 1 $100.00 ($460.00)
.SWFGI SNDK JUL 45 Call
$45.03

$2.65
($20.00)
.SWQSV SNDK JUL 42.5 Put



$1.21
($218.00)