A Tycoon's Trading Diary

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

Friday, June 22, 2007

Friday on my mind...

General notes
Found a new watchlist entry again! After a few day hiatus. Also, I realized, already yesterday in fact that closing out the SNDK call position's second part was silly especially with the trailing stoop. Should have done that only with the first part and seek some technical means to determine exit point. Tough learning (even with virtual money) on advanced positions, as I hold a put still :(...

Filtered Trade Candidates for the Day

MACRSI: ISE, LUFK


Trade Session Notes

Down day... till I was online.
Open Trades as of EOD 21 June
.UPUGR CTSH JUL 90 Call $76.50 $0.05 ($555.00)
Notes Break even at $4.55. Time close at 22 June, Friday. Loosing trade!
.PAQHR PCAR AUG 90 Call $89.43 $4.1 $10.00
Notes Open GAPHV day 8 light retracement
.SWQSV SNDK JUL 42.5 Put $48.54 $0.15 ($430.00)
Notes Complete looser part!!!
.TEXJQ TEX OCT 85 Call $83.99 $6.9 ($210.00)
Notes TTC-A, watch for %Williams -50!!! bounce or not, 81.5 support