After printing a wide assortment of spinning tops and doji candles over the last several days, Domino’s Pizza Inc. (DPZ) finally had a decisive candle as it closed at its highs on Tuesday while pushing its way through a near…
Daily Archives: August 23, 2011
shorting AAPL 380 puts weeklies at 1.67 selling and shorting again SPY 117 weekly calls at 1.15 area and shorting GLD 167 weekly puts at 1.82 area.
/s shorting AAPL 380 puts weeklies at 1.67 selling and shorting again SPY 117 weekly calls at 1.15 area and shorting GLD 167 weekly puts at 1.82 area. Anyway all of this was meant to create hedges on long positions…
Posted in General Trading
added SPY 114 weekly calls at 1.83 OVERSIZED and covered the SPY 116 weekly calls at 1.04 area. Also bought SPY 117 weekly calls at .65 area OVERSIZED. Bought GLD 180 weekly puts at 1.26 OVERSIZED . Then sold SPY 117 weekly calls at .91 then shorting this position same contract amount as the long on 114 weekly calls. This is a recap of todays strategy
/b added SPY 114 weekly calls at 1.83 OVERSIZED and covered the SPY 116 weekly calls at 1.04 area. Also bought SPY 117 weekly calls at .65 area OVERSIZED. Bought GLD 180 weekly puts at 1.26 OVERSIZED . Then sold…
Posted in General Trading
How do you find a stock like $PANL that gapped up today early? Aug 23, 2011
I’ve seen moves like $PANL ahead of news and or buyouts before: As much as you want to think there is a level playing field for traders , there isn’t sometimes: 1) you get insiders that share information (oops thought…
Posted in Charting & Analysis, Commentary
News for August 23rd 2011
Euro-Area Services, Manufacturing Growth Hold Baby Boomers Selling Shares May Depress Stocks for Decades, Fed Paper Says German Investor Confidence Falls on Debt Crisis Full Libyan Oil Output Could Be Years Away China Manufacturing Activity Declines Apple Suppliers Building Cheaper,…
Posted in Breaking News
Tuesday Trading Summary
I was on the wrong side of the market today, but sticking with it and trading the position let me come out with a win. I would have been much easier to simply buy and hold. My initial long was…