Tuesday, April 29, 2008

MA 558.47 +6.35 +1.15%
GOOG 273.98 +31.48 +12.98%
POT 181.49 -12.01 -6.21%
BIDU 373.81 +13.45 +3.73%
RTP 469.45 -22.50 -4.57%
GOPEY SLD to Close 1 Limit $21.00 Executed $21.00

Friday, April 18, 2008

ISRG 288.50 -60.00 -17.22%
GOOG 539.41 +89.87 +19.99%
BIDU 341.00 +31.25 +10.09%
POT 204.67 +10.12 +5.20%
OIH 208.29 +8.99 +4.51%

Citi's results spark relief rally

Stocks surge as investors overlook the banking giant's worse-than-expected results, hoping the end of the mortgage and credit mess is in sight. Honeywell and Caterpillar report strong results. Google reports a jump in profit and revenue.

Stocks have best week in 5 years

Google execs make $2 billion in an hour
GOPEY BOT to Open 1 Market Executed $14.60
VLOEJ SLD to Close 2 Market Executed $3.95

Thursday, April 17, 2008

GOOG up $80

GOOG 449.54 -5.49 -1.21% After Hours: 527.20 +77.66 / +17.28% Vol. 5.84 Mil
FSLR 287.36 -8.55 -2.89
BIDU 309.75 -8.00 -2.52% After Hours: 332.10 +22.35 / +7.22% Vol. 495,845
SPWR 86.80 -12.78 -12.83%

Google beats by $0.32, beats on revs Reports Q1 (Mar) earnings of $4.84 per share, $0.32 better than the First Call consensus of $4.52; revenues.

Google soars 17% on big profit gain

Wednesday, April 16, 2008

ISRG 345.99 +6.19 +1.82%
BIDU 317.75 +29.37 +10.18%
RTP 500.25 +19.25 +4.00%
GOOG 455.03 +8.19 +1.83%
POT 198.26 +13.85 +7.51%

Economy slowing, prices rising: Fed

Stocks jump on Intel, bank earnings

The Dow rises more than 160 points as investors cheer a slew of encouraging earnings news. Intel reports weak profits, but sales top estimates. Coca-Cola beats the Street. Earnings from JPMorgan and Wells Fargo are dull, but dull is good

Oil futures jump to record over $115 on supply concerns

Fed officials see recession in all but name
BOT to Open 2 VLOEJ VLO May $50 CALL Executed $1.90

GOPPF SLD to Close 1 Limit $5.00 Executed $5.00

AXVPA SLD to Close 1 Limit $7.50 Executed $7.50

Tuesday, April 15, 2008

end of (over) trading!

When I took the FSLR trade I meant to do only that one trade... thinking FSLR has gone up too much it must (should) come down.

I only meant to buy puts on FSLR... and I did ... when that did nt work out ..(or did nt work soon enough) I bought Puts on GOOG... both the positions now seemed not going my way .. I sold puts against the puts I was holding to reduce my loss. That did not turn out to be very profitable either, so I covered the short ones and held on to the long ones.

FSLR moved higher the next day by $12 and I sold my puts for 1/2 the price I had bought them for....

But I immediately bought more puts on ISRG.... since the stock was down the most (among all the stock in my list).... unfortunately, It moved up by $15 (4.7%) today...and the put I bought is down by -27% for day.

As for the GOOG put, I am still holding it, has appreciated from $6 -> $7.5 ... but just now intel came out with better then expected earnings... GOOG is up 4% after hrs (almost the same % it was down during the day).

I know my put will be worth much less tomorrow....

and that will probably end my over trading for this cycle!
FSLR 287.32 +13.22 +4.82%
ISRG 339.80 +14.96 +4.61%
RTP 481.00 +20.80 +4.52%
SPWR 94.42 +6.84 +7.81%

April home builder index lingers near low: NAHB

Oil soars to record

Meanwhile, soaring food and oil costs send producer prices climbing. Delta and Northwest announce plans to merge. Foreclosures jump 57% in March.

Oil nearly hits $114 a barrel

Stocks rise in erratic trading after economic, earnings data

Monday, April 14, 2008

HJQPZ SLD to Close 1 Limit $6.50 Executed $6.50
HJQPZ SLD to Close 1 Limit $5.00 Executed $5.00

Put Intuitive Surgical$310 Exp 04/19/08:

AXVPA BOT to Open 1 Limit $13.00 Executed $13.00

After getting disappointed in FSLR, I decided to buy some puts on ISRG (as it was down the most from stocks in my list). I am hoping the stock will keep moving down until this thursday, that is, when it will declare earnings.

With only three days left to expiration, I hope I will not loose too much on this trade.
ISRG 324.84 -8.74 -2.62%
GOOG 451.66 -5.79 -1.27%
FSLR 451.66 -5.79 -1.27%
OIH 193.44 +5.25 +2.79%
SKF 118.20 +4.90 +4.32%

Wachovia posts surprise loss, raises $7 billion

Wachovia Corp posted a surprise first-quarter loss on Monday as credit problems from mortgages and other debt soared, prompting the fourth-largest U.S. bank to raise $7 billion of capital, slash its dividend and cut jobs.

March retail sales unexpectedly rise 0.2 percent

Intuitive Surgical dips ahead of report

Shares declined $10.07, or 3 percent, to $323.51 in afternoon trading. The company is slated to report financial results on Thursday; analysts are looking for profit of 98 cents per share on revenue of $178.2 million, according to a Thomson Financial poll.

Google to Announce First Quarter 2008 Financial Results

Google Inc. GOOG today announced that it will hold its quarterly conference call to discuss first quarter 2008 financial results on Thursday, April 17, 2008 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

Google Inc. GOOG today announced that it will hold its quarterly conference call to discuss first quarter 2008 financial results on Thursday, April 17, 2008 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

Saturday, April 12, 2008

Trading requires discipline; unclouded, unbiased thinking; and the willingness to admit mistakes without ego intervention.

Discomfort and profit go hand in hand.

Does all that mean that a trader is always uncomfortable and that monetary winnings come at the price of constant stress and depression? No, it does not.

The joy of self control, of getting the best out of oneself, of being able to pull through is a huge reward.

With time, this approach stops being uncomfortable and becomes the only approach that feels right.

Friday, April 11, 2008

HJQ PY BOT to Close 2 Limit $5.00 Executed $5.00
GE shocks market with profit drop, shares tumble

General Electric Co posted an unexpected 6 percent drop in first-quarter profit on Friday, the biggest shock yet to American industry from the credit crisis and the latest sign the U.S. economy may be in a recession.

Frontier files for bankruptcy but keeps flying

GE results, consumer data spark market sell-off

Thursday, April 10, 2008

GOPPB BOT to Close 1 Limit $1.40 Executed $1.40

GOPPP SLD to Close 1 Limit $0.30 Executed $0.30

Wednesday, April 9, 2008

Reacting to market moves

HJQPF BOT to Close 2 Limit $1.00 Executed $1.00

Put First Solar Inc$260 Exp 04/19/08
HJQPY SLD to Open 2 Limit $6.20 Executed $6.20

Put Google Inc Class A $410 Exp 04/19/08
GOPPB SLD to Open 1 Limit $2.70 Executed $2.70

Minimizing my loss while still in the trade:

Today I sold some Puts against my current long put position, to minimize the loss, in case the stocks (GOOG, FSLR) moves further up.

Both of the stocks has been zig-zagging for the last few days.

This morning GOOG was down -$9 (which was good for me) but then later (in the day) it started to move higher again.

I reacted to the situation by selling (higher strike)--- puts against my long position. (hoping in case the stock moves up, it will not hurt as much as being long only).

The strategy worked (somewhat) for FSLR. Yesterday I sold some puts and covered them this morning for a gain. Hence I thought of repeating the same for GOOG today.

Against my GOOG position, sold higher strike puts and will cover them in the morning in case GOOG moves higher (thus protecting me from a complete loss).

I expect to keep selling puts vs my position, until GOOG takes a nose dive, at which point, I (I hope) won't be short.

Wishfull thinking!

Tuesday, April 8, 2008

FSLR Apr 2008 230 put:
HJQPF SLD to Open 2 Market Executed $1.75

GOOG Apr 2008 430 put:
GOPPF BOT to Open 1 Limit $6.00 Executed $6.00

GOOG 467.81 -9.01 -1.89%

V 68.09 +3.05 +4.69%

Earnings jitters are back

Pending home sales tumble, optimism crumbles

Wall St falls on housing, weak tech outlooks

Weak retail sales may spur more warnings

4/8/2008 11:51 AM

Fitch downgrades $4.3B in mortgage bonds

Fed officials worried about recession

Fed minutes: Severe downturn possible

Monday, April 7, 2008

The (imaginary) bar for achieving higher profits

This morning I felt the strong urges for some trading... I was energetic and in an upbeat mood... Feeling spontaneous…

As I was in a mood to do something?

Today I did not watch my position as constantly as I used to... I still kept thinking about how it will turn out.... I have been thinking how vital it is that this trade works out... I kept imagining the stock falling by $20 in the morning ... and how it will feel so good... I have been thinking what will happen if this trade did not work?

Will that end my trading?

It will stop me for a while..... I don’t know why I had to spend all the money (available) on this one trade... may be it’s because anything less would not have given me the good feelings...

Since my last GOOG trade went so well… that is the type of gains I keep imagining and dreaming about....

The (imaginary) bar for achieving higher profits has been raised to make me feel better...

I am very eager to see what will happen tomorrow morning...

Will I be able to take the disappointment? If the stock moves up....and I loose... would I be able to wait and see even if I loose, let some of my money go away?!

That’s what I did… in my last trade... I took a loss initially and was patient...
But I had a stronger conviction that time... not so much this time...
Put First Solar Inc $270 Exp 04/19/08

HJQPZ BOT to Open 2 Limit $12.80 Executed $12.80

V SLD 50 Market Executed $65.32

I start looking at my watch list, before going to work (this morning)...

I noticed all the stocks on my watch the list were trading higher except for FSLR...

Buying puts on FSLR appeared to be the best trade idea...

Since I have been following FSLR (moving higher and higher for the last few weeks)... every morning...

I was waiting for it to stop move so I can jump in on the decline…

After deciding to buy the puts I immediately sold my shares in V and placed an order to buy 270 puts (below asking price) it was filled few minutes later (for 1st put option) … the stock immediately dropped... the put price moved higher and I could not get a 2nd fill… few hrs later price moved back up again.. and put price moved back down getting a fill my 2nd order....

Friday, April 4, 2008

GOOG 471.09 +15.97 +3.51%
BIDU 293.89 +7.25 +2.53%
FSLR 278.00 +26.40 +10.49%
RTP 454.50 +17.80 +4.08%
SPWR 90.40 +8.39 +10.23%

Thursday, April 3, 2008

Historical Volatility Vs Implied

90.40 +8.39 +10.23%

SymbolIVHVLast Price($)Date--

SymbolIVHVLast Price($)Date--

Wednesday, April 2, 2008

FSLR 249.55 +12.02 +5.06%

RIMM 115.79 -1.69 -1.44%
After Hours: 122.69 +6.90 / +5.96% Vol. 8.59 Mil
ISRG 340.02 -6.92 -1.99%

BIDU 281.48 +8.23 +3.01%

MA 223.75 -5.85 -2.55%

Economy at risk, Bernanke warns

Bernanke: Recession possible, growth to rebound

Market inches up as bargains found among banks

Research In Motion 4Q profit soars

Tuesday, April 1, 2008

My Watchlist

$VIX.X 22.68 -2.93
AAPL 149.53 6.03
AMZN 76.70 5.40
BIDU 273.25 33.62
DECK 111.62 3.80
DRYS 61.56 1.65
EQIX 69.31 2.82
FSLR 237.53 6.39
FWLT 59.87 3.25
FXI 145.21 10.07
GOOG 465.71 25.24
GS 176.86 11.47
ISRG 346.94 22.59
LEH 44.34 6.70
OIH 179.99 3.19
POT 159.04 3.83
PTR 131.88 6.57
RIMM 117.48 5.25
RTP 419.75 7.91
SHLD 109.47 7.38
SKF 100.60 -17.05
SPWR 77.31 2.80
V 61.61 -0.75

Dow up 391 as financials rebound