A Tycoon's Trading Diary

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

Tuesday, May 15, 2007

Runaway from the parquet

Watchlist Additions
TEX - Terex CP (NYSE)
LZ - Lubrizol (NYSE)

Filtered Trade Candidates for the Day
TTC-A: ANF, TRN, (CHL, GRMN, SLB)
GAPHV: X, FLR, WCG, (CME, RIMM, AL, CHE, TRN)

Trade Session Notes
Day's Eleven Index readings:
1638,56
(down from 1645,98),
volume -2,72% (of grand average),
average EPS unchanged,
average RS rating 83 (up from 82,36).

Nikkei...17512.98...-164.96...-0.9%.
Hang Seng
...20868.15...-111.09...-0.5%.
FTSE...6560.50...+5.00...+0.1%.
DAX
...7448.38...-11.23...-0.2%.
CBOE VIX 13.961.08


Open Trades as of EOD 14 May
Plain vanillas
.MTIL MT SEP 60 Call $56.73


$3.2
($120.00)
.PAQHR PCAR AUG 90 Call $87.57


$4.5
$100.00
Advanced positions - remaining legs
.UPUGR CTSH JUL 90 Call $78.65


$0.75
($485.00)
.SWFGI SNDK JUL 45 Call
$44.83

$2.45
($60.00)
SWQSV SNDK JUL 42.5 Put



$1.2
($220.00)