A Tycoon's Trading Diary

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

Wednesday, June 13, 2007

Was it the Fox with its tail in the water?

Filtered Trade Candidates for the Day
TTC-A: FLR, SLB, WCG
GAPHV
: CMI, PCU, DIGE, CROX, MTW

Trade Session Notes
Nikkei...17732.77...-28.14...-0.2%.
Hang Seng
...20578.75...-57.64...-0.3%.
FTSE...6501.00...-19.40...-0.3%.
DAX
...7626.99...-51.27...-0.7%.
CBOE VIX 15.73-0.94

In the mood to try on a GAPHV trade. MTW (MTW SEP 2007 85 Call .MTWIQ) and CROX (CROX SEP 2007 100 Call .CQJIT) are the candidates.

11:03:39 AM ET Could not resist to go for a market order on MTW SEP 2007 85 Call .MTWIQ. Got filled at $4.

Open Trades as of EOD 12 June
.UPUGR CTSH JUL 90 Call $75.50 $0.15 ($545.00)
Notes Break even at $4.55. Time close at 22 June, Friday. Loosing trade!
.PAQHR PCAR AUG 90 Call $86.29 $3 ($200.00)
Notes Open GAPHV day 8 light retracement
.SWFGI SNDK JUL 45 Call $44.05 $1.4 ($270.00)
Notes Channel top: $45.45
.SWQSV SNDK JUL 42.5 Put
$0.95 ($270.00)
Notes Channel bottom: $41,65, WATCH RSI 50 mark!!!
.TEXJQ TEX OCT 85 Call $82.02 6.6 ($240.00)
Notes TTC-A, watch for %Williams -50!!! bounce or not, 81.5 support