A Tycoon's Trading Diary

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

Monday, June 11, 2007

Slightly improving

Filtered Trade Candidates for the Day
TTC-A: JOYG, COST, FMC
GAPHV
: CEO, CMI, DIGE, GES, LZ, MGM, PCU

Trade Session Notes
Nikkei...17834.48...+55.39...+0.3%.
Hang Seng
...20615.49...+106.34...+0.5%.
FTSE...6554.80...+49.70...+0.8%.
DAX
...7676.14...+85.46...+1.1%.
CBOE VIX 14.84-2.22

Open Trades as of EOD 8 June
.UPUGR CTSH JUL 90 Call $75.47 $0.15 ($545.00)
Notes Break even at $4.55. Time close at 22 June, Friday.
.PAQHR PCAR AUG 90 Call $86.30 $3 ($200.00)
Notes Open GAPHV day 8 light retracement
.SWFGI SNDK JUL 45 Call $44.22 $1.55 ($240.00)
Notes Channel top: $45.45
.SWQSV SNDK JUL 42.5 Put
$1.05 ($250.00)
Notes Channel bottom: $41,65, WATCH RSI 50 mark!!!
.TEXJQ TEX OCT 85 Call $82.17 $6.7 ($230.00)
Notes TTC-A, watch for %Williams -50!!! bounce or not