A Tycoon's Trading Diary

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

Wednesday, June 27, 2007

That was it for a busy day, Wednesday 27 June 2007

Trade Session Notes
Nikkei...17849.28...-216.83...-1.2%.
Hang Seng
...21705.56...-98.01...-0.5%.
FTSE...6536.40...-22.90...-0.3%.
DAX
...7811.64...-48.91...-0.6%.

10:01:37 AM Markets sentiment: bearish (but coming back a bit)
CBOE VIX 18.27-0.62
Market Adv Decl Unch
Nasdaq 1,613 3,250 227
NYSE 859 1,858 150

10:25:15 AM Market sentiment: bearish to neutral/split
CBOE VIX 18.04-0.85
Market Adv Decl Unch
Nasdaq 1,937 3,243 250
NYSE 1,019 1,776 126

11:03:55 AM Market sentiment: neutral (choppy)
CBOE VIX 17.67-1.22
Market Adv Decl Unch
Nasdaq 2,361 3,082 248
NYSE 1,273 1,571 134

11:25:34 AM Market sentiment: neutral to bullish (choppy)
CBOE VIX 17.23-1.66
Market Adv Decl Unch
Nasdaq 2,753 2,767 260
NYSE 1,448 1,433 121


Open Trades as of EOD 26 June
.UPUGR CTSH JUL 90 Call $74.84 $0.05 ($555.00)
Notes Break even at $4.55. Time close at 22 June, Friday. Loosing trade!
.PAQHR PCAR AUG 90 Call $85.77 $2.35 ($165.00)
Notes Open GAPHV day 8 light retracement
.SWQSV SNDK JUL 42.5 Put $47.31 $0.2 ($420.00)
Notes Complete looser part!!!
.TEXJQ TEX OCT 85 Call $82.67 $6.2 ($280.00)
Notes TTC-A, watch for %Williams -50!!! bounce or not, 81.5 support