A Tycoon's Trading Diary

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

Tuesday, July 10, 2007

Tuesday on my mind

Trade Session Notes
Nikkei...18252.67...-9.31...-0.1%.
Hang Seng...22885.84...+68.41...+0.3%.
FTSE...6686.70...-26.00...-0.4%.
DAX
...8022.17...-55.22...-0.7%.

9:50:35 AM Market open: mildly bearish
CBOE VIX 15.980.82
Market Adv Decl Unch
Nasdaq 870 3,459 200
NYSE 519 2,023 132

10:50:55 AM MS: Getting short term Bearish (VIX up
CBOE VIX 16.191.03
Market Adv Decl Unch
Nasdaq 1,321 4,010 225
NYSE 748 2,115 115

11:32:47 AM MS: Mildly bearish
CBOE VIX 16.030.87
Market Adv Decl Unch
Nasdaq 1,583 3,941 225
NYSE 876 2,039 119

Open Trades as of EOD 9 July
Symbol Description Stock Total C/B Price Gain / Loss
.BHPKM BHP NOV 65 Call $67.07 $400.00 $6.6 $260.00
.UPUGR CTSH JUL 90 Call $80.00 $560.00 $0.05 ($555.00)
Notes Break even at $4.55. Time close at 22 June, Friday. Loosing trade!
.SWQSV SNDK JUL 42.5 Put $51.24 $460.00 $0.12 ($436.00)
Notes Complete looser part!!!