Watchlist additions and filtered trade candidates
CXW - Corr Company of America.

Trade session notes
Nikkei...17394.92...+119.94...+0.7%.
Hang Seng...20841.08...+159.50...+0.8%.
FTSE...6591.80...+54.00...+0.8%.
DAX...7498.60...+21.91...+0.3%.

CBOE VIX

12.77

-0.32

10:26:26 AM ET The LRCX remaining leg (May call) started to troll north of break even, thus I have put a .15 points down from bid trailing stop at $1.7. My only worry is a huge reversal in bid. I keep my my fingers crossed albeit VIX is down, just as volume.

11:15:53 AM ET The LRCX May call was closed out at $1.6 saving the trade from being a looser. Only the bid trailing stop was quite loose, thus it was triggered too close to break even.

2:59:05 PM ET I put a limit (GTC) order at $3.1 on for 3 contracts of MT SEP 60 Call.

Open positions at market close 3 May 2007

Plain vanillas

.IBMGA

IBM JUL 105 Call

$102.80

$2.4

$20.00

.PAQHR

PCAR AUG 90 Call

$86.70

$4.00

$0.00

Advanced positions - Leftover legs

.UPUGR

CTSH JUL 90 Call

$84.13

$2.2

($340.00)

.LMQEK

LRCX MAY 55 Call

$54.92

$1.05

($15.00)

.SWFGI

SNDK JUL 45 Call

$43.78

$2.1

($130.00)

.SWQSV

SNDK JUL 42.5 Put

$1.65

($130.00)