A Tycoon's Trading Diary

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

Thursday, May 17, 2007

No time to trade

Filtered Trade Candidates for the Day
TTC-A: CHL, (SLB, TRN), MICC, ACLGAPHV: AL, RIMM, (CHE, X, FLR)

Trade Session Notes
Nikkei...17498.60...-30.40...-0.2%.
Hang Seng...20994.61...+57.35...+0.3%.
FTSE...6572.40...+12.00...+0.2%.
DAX
...7516.26...+35.01...+0.5%.


Open Trades as of EOD 16 May
Plain vanillas
.MTIL MT SEP 60 Call $57.34 3 $3.60 $1,080.00 3.4 $1,020.00 ($60.00)
.PAQHR PCAR AUG 90 Call $86.38 2 $4.00 $800.00 3.8 $760.00 ($40.00)
Advanced positions
.UPUGR CTSH JUL 90 Call $77.70 1 $5.60 $560.00 0.6 $60.00 ($500.00)
.SWFGI SNDK JUL 45 Call
$44.44 $2.25


($100.00)
.SWQSV SNDK JUL 42.5 Put

$2.30 $460.00 1.35 $270.00 ($190.00)