FSLR:FSLR Jun08 $250 PUT
HJQRX BOT to Open 3 Limit $6.30 Executed $6.30

MA:
MALFC SLD to Close 2 Limit $13.20 Executed $13.20

MA Jun08 $300 PUT
MALRA BOT to Open 1 Limit $6.00 Executed $6.00

Consumer data bolsters stocks

Investors are buoyed as data shows spending and incomes rose last month and inflation at the personal level was benign. Earnings at Dell and Tiffany are strong. Oil prices are volatile.

Inflation outlook makes consumers' mood grim

FSLR 266.21 +14.11 +5.60%
MA 305.77 -3.23 -1.05%
ENER 63.29 +8.59 +15.70%
SPWR 81.11 +5.11 +6.72%

GOOG:
GOPFZ SLD to Close 1 Limit $33.20 Executed $33.20

FSLR:
HJQFZ SLD to Close 2 Limit $11.00 Executed $11.00

MA: Jun 2008 310 call
MALFC BOT to Open 1 Limit $9.00 Executed $9.00
MALFC BOT to Open 1 Limit $10.50 Executed $10.50

US economy dodging a bullet?

A revised report on GDP eases concerns about a US economic slowdown. A steep fall in oil prices helps lift airlines and other stocks. Financials get a boost from a bullish MasterCard report on credit-card use.

Bond prices fall following upward revision to GDP

Dell first-quarter profit rises, beats estimates

FSLR 252.10 -21.08 -7.72%
MA 309.00 +22.11 +7.71%
GOOG 583.00 +14.76 +2.60%
V 85.25 +3.33 +4.06%

the fear of loosing took over....

I started the day @ 8am..

My FSLR puts where higher then my purchase price as of yesterday, the stock (FSLR) has moved down...?

I had the feeling all day yesterday, that as soon as I open my screen in the morning, FSLR would be up $10 and my puts would have lost 1/2 of their value... since that has happened twice last few weeks...

But to my (pleasant) surprise the stock was lower from yesterday's close... now it made me feel better as I decided the to let the stock go further down (not taking my profits at that time)... I left for work feeling relieved... as I arrived at work FSLR seemed to have reversed course and started bouncing back in the positive territory... I immediately felt the disappointment... and the fear of loosing took over....

I watched my puts loose value slowly... the pleasantness I had felt in the morning was gone now...

As FSLR bounced back and forth between +ve and -ve territory... I started observing the calls, and noticed they were moving up with increased volume...as was the stock, its volume was much more today then yesterday's.

I became more fearful that the Put was going to loose value quickly, I sold the put for -$1 loss(bought for $16 sold for $15, it did close @ 12.5) ...

I kept observing the stock, I noticed it moving from red to green area back n forth... I felt this must be the best time to buy a call and I did, buying a call of the same strike price as was the put ...

Not only did I buy two calls on FSLR I also bought a call on GOOG... for some strange reasons...

Close to the end of the day, I saw both the stocks moving higher...this made me feel better... thinking, I took the right action... in that moment of happiness, I bought 2 more puts on MER....

those puts had shown the largest volume (approx. 10k) from my options screen (of high volume options) ...

FSLR:
Jun 2008 270 call
HJQFZ BOT to Open 2 Limit $15.00 Executed $15.00

FSLR Jun 2008 270 put
HJQRZ SLD to Close 2 Limit $15.00 Executed $15.00

------------------------------------------------------------------

GOOG:
GOOG Jun 2008 560 call
GOPFZ BOT to Open 1 Limit $22.00 Executed $22.00

-------------------------------------------------------------------

MER:
MER Jan 2009 30 put
BOT to Open 2 MERMF MER Jan $30 PUT Limit $1.71 Executed $1.71

Stocks up despite oil prices

Chevron, Google pour money into solar energy

Stocks buoyed by signs of business investment

FSLR 273.18 +8.02 +3.02%
GOOG 568.24 +7.34 +1.31%
OIH 568.24 +7.34 +1.31%
MA 286.89 +8.13 +2.92%
V 81.92 +3.18 +4.04%

FSLR -13.32

Single-family home prices tumble in March

FSLR 265.16 -13.32 -4.78%
AAPL 186.43 +5.26 +2.90%
GOOG 560.90 +16.28 +2.99%
DRYS 87.03 -3.02 -3.35%
BIDU 336.50 +7.79 +2.37%

SDS (as suggested in ivolitality trading digest):
BOT to Open 1 SDSIF SDS Sep $58 CALL Limit $5.70 Executed $5.70

FSLR put:
BOT to Open 2 HJQRZ FSLR Jun $270 PUT Limit $16.00 Executed $16.00

With the earnings agenda nearly empty, investors will pay close attention for any other intermittent announcements about energy prices and their impact on profitability.

The market will get a reading of price increases on Friday when the Commerce Department reports the personal income and spending data for April.

Elsewhere on the economic calendar are Thursday's reports on weekly jobless claims and the second reading of first-quarter gross domestic product. The first GDP reading showed the economy grew at a slightly stronger pace than forecast.

"The near term game plan is to raise cash, reevaluate the market, then get back in".

"From a macro point of view, today’s tepid rally is a sign of uncertainty. My allocation is to be
long energy and short everything else".

- The Fly

DOW 12,601.19 -227.49 -1.77%

$133 oil, Fed outlook slam stocks

Oil surges over $134 on supply woes, weak dollar

Stagflation fears send stocks sharply lower

OIH 213.88 -4.49 -2.06%
BIDU 354.99 -17.14 -4.61%
FSLR 279.45 -19.61 -6.56%
GOOG 549.99 -28.61 -4.94%
RIMM 132.89 -5.71 -4.12%
AAPL 178.19 -7.71 -4.15%
ISRG 288.65 -9.69 -3.25%

Dow off 199 as crude oil soars

Crude jumps over $129 a barrel after Boone Pickens predicts $150 oil is near. Home Depot and Target both report profit declines. Core inflation at the wholesale level rises more than expected. Chip and financial stocks continue to slump.

Home Depot, Target results show retail gloom

Producer prices tame but gain in core vexes

DRYS 99.25 -5.75 -5.48%
FXI 152.40 -6.55 -4.12%
FSLR 299.06 +3.16 +1.07%
AAPL 185.90 +2.30 +1.25%

Paper trading

GOOG Jun08 $640 PUT
GOORH Buy to Open 1 Limit $63.80

FSLR Jun08 $290 PUT
HJQRV Buy to Open 4 Limit $15.20

BIDU Jun08 $360 PUT
BPJRL Buy to Open 3 Limit $17.80

DRYS Jun08 $100 PUT
DQR RT Buy to Open 3 Limit $9.00

over-trading

This is the day I have been waiting for....It to move... and the day it moved I could nt buy the puts?... did nt have money in the account! it was all finished by over-trading FSLR...

I traded FSLR :


04/07/08 Bought 2 HJQPZ Put First Solar Inc $270 $12.80 $25.4
04/09/08 Sold -2 HJQPY Put First Solar Inc $260 $6.20 $12.4
04/09/08 Bought 2 HJQPF Put First Solar Inc $260 $1.00 $2
04/08/08 Sold -2 HJQPF Put First Solar Inc $230 $1.75 $2.5
04/11/08 Bought 2 HJQPY Put First Solar Inc $270 $5.00 $10
04/14/08 Sold -1 HJQPZ Put First Solar Inc $270 $6.50 $6.5
04/14/08 Sold -1 HJQPZ Put First Solar Inc $270 $5.00 $5
04/30/08 Bought 1 HJQEC CallFirst Solar Inc $310 $13.50 $13.5
05/02/08 Bought 2 HJQEC CallFirst Solar Inc $310 $3.60 $7.2
05/12/08 Sold -3 HJQEC CallFirst Solar Inc $310 $0.70 $2.8

Microsoft plan for Yahoo involves buying search: source

Nasdaq turns negative as semis reverse gains

Pump prices rise to new high as oil extends gains

FSLR 295.90 -15.24 -4.90%
AAPL 183.60 -4.02 -2.14%
POT 198.36 -8.64 -4.17%

Buying Tech and Oil Calls

RIMM Jun 2008 145.0000 call (.RULFI) $5.6
RIMM Sep 2008 145.0000 call (.RULII) $15

AAPL Jun 2008 190.0000 call (.APVFR) $8.1
AAPL Jul 2008 190.0000 call (.APVGR) $11.6

V Sep 2008 85.0000 call (.VIQ) $8.2

QCOM Jul 2008 47.5000 call (.AAOGW) $1.8

VLO Sep 2008 50.0000 call (.VLOIJ) $3.94

TSO Aug 2008 25.0000 call (.TSOHE) $3.0

XTO Aug 2008 70.0000 call (.XTOHN) $3.6

Market falls on record oil price

Stocks fell on Friday after the price of oil hit a record and consumer sentiment data came in surprisingly weak, reviving concerns over spending.

Oil sets record near $128; pump price at high, too

ISRG 299.95 +6.97 +2.38%
FSLR 311.00 +4.22 +1.38%
AAPL 187.57 -2.16 -1.14%
OIH 214.78 +5.54 +2.65%
MA 282.77 -4.00 -1.39%

Stocks rise on inflation data

Consumer prices rise less than expected, providing some relief to inflation hawks. Greenspan says the housing market will bottom early next year. Deere shares tumble on company's profit warning.

Freddie Mac loss widens less than feared

RIMM 138.56 -2.28 -1.62%
FSLR 307.94 +3.96 +1.30%

FSLR 303.98 +19.14 +6.72%
RIMM 140.84 -1.13 -0.80%
FWLT 75.30 +6.40 +9.29%
SPWR 89.00 +4.60 +5.45%

Solar products makers rise on tax credit optimism

Bought 2 RIMM calls:

BOT to Open 1 RULEI RUL May $145 CALL Limit $2.00 05/12/08 3:08 Executed $2.00
RULEJ BOT to Open 1 Limit $0.76 Executed $0.76

Sold the GOOG and FSLR options:

SLD to Close 3 HJQEC HJQ May $310 CALL Limit $0.70 05/12/08 3:07 Executed $0.70
GOP QY SLD to Close 1 Limit $0.85 Executed $0.85

AIG, oil pummel stocks



Citigroup aims to shed $400 billion of assets

Citigroup Inc , the largest U.S. bank, said on Friday it plans to shed $400 billion of assets within three years and boost revenue by up to 10 percent annually in a bid to restore profitability after huge losses tied to flagging mortgage and credit markets.



AIG sees no signs of mortgage asset market rebound yet



Citigroup to shed nearly $500B in assets 9 minutes ago

Crude tops $126; stocks slump

Mortgage credit losses could total $500 bln: Goldman

FSLR 285.56 +9.76 +3.54%

GOOG 573.00 -10.01 -1.72%

MA 288.30 -5.10 -1.74%

Given the pain of the past seven weeks

"I am feeling the same as you this past two weeks I have lost everything I made in the past 3 months. I feel I am back in January. I have taken the rest of the week off and just see what fucking direction this market is going to take and modify my trading strategy. But I understand why you are pissed this market has no consistency and makes no sense".


"...realized but still thought the technicals were sayin otherwise. I am getting tired of these string of loses .. I don't think I can trade anymore if I don't find a solution to this ahole market. =)"

Greenspan says worst of credit crisis over: sources 5/8/2008 3:21 PM

Stocks edge higher as oil's record run takes a pause

Housing OKs foreclosed-property bill, weighs rescue bill

Miners and tech lift Wall St, but banks retreat

RTP 512.19 +21.52 +4.39%

Dow falls 206 as crude tops $123

Treasurys rally as Wall Street worries about oil, recession

Wall St sinks on oil's surge; financials hit

AAPL 182.59 -4.07 -2.18%
GOOG 579.00 -7.36 -1.26%
PTR 145.03 -11.70 -7.47%
SKF 100.05 +6.06 +6.45%
MA 291.01 -5.01 -1.69%

Put Google Inc Class A$550 Exp 05/17/08
GOPQY BOT to Open 1 Limit $3.70 Executed $3.70

GOOED SLD to Close 1 Limit $2.80 Executed $2.80

I can never win with this stock...

I have never prospered in FSLR?



I keep buying puts and calls ... none work!

04/30/08 Bought 1 HJQ EC Call First Solar Inc $310 Exp 05/17/08 CALL FIRST SOLAR INC$310 EXP 05/17/08 $13.50

05/02/08 Bought 2 HJQ EC Call First Solar Inc $310 Exp 05/17/08 CALL FIRST SOLAR INC$310 EXP 05/17/08 $3.60


After loosing big on one call -$1000 in a night I bought 2 more of the same at lower price thinking I can recover my loss by holding more calls....

Strangely the stock did move up the next day but the call never moved higher for some strange reasons????

After reviewing my trades in FSLR, looks like I can never win with this stock... no matter what I do?

On the other hand GOOG has been the best for me... Today I bought a call for $5 and it immediately moved to $6... I hope I will recover with GOOG...

May be GOOG is my type of a stock It moves fast and has a high volume in options... It shows results quick.. other stocks are slow to move... which leaves me waiting... bored...

Call Google Inc Class A$620 Exp 05/17/08

GOOED BOT to Open 1 Limit $5.00 Executed $5.00

Microsoft not buying Yahoo !

Yahoo shares fall 14 pct after Microsoft withdraws bid

Wall St falls on Countrywide worry, oil

Yahoo investors seek Microsoft return

RTP 503.85 +19.48 +4.02%
FSLR 267.36 -8.88 -3.22%
GOOG 593.04 +11.75 +2.02%
POT 193.37 +6.76 +3.62%
YHOO 24.46 -4.21 -14.68%