Small Time Trading

[benchman]

Account value down $2,750 over the last two days. All three positions contributed.

ESV probably did the most damage, as oil cratered under $50 a barrel on increased US oil production. It closed today at $8.57 down .16. It had closed at $9.27 on Tuesday, so a 70 cent drop. The low of the day today was $8.27, and if I had enough buying power I would have added near there ($8.30 or so). I am hopeful that the final half hour trading that brought it up is a good sign for tomorrow.

RAD closed up .01 to $4.66 today, but had closed at $5.01 on Tuesday. I wanted to sell my shares and buy the April calls. Then take the extra cash to buy more ESV. However, those calls did not drop far enough to make sense to do that.

My UA calls closed at .01, down .04. They had closed at .04 on Tuesday and .05 yesterday. UA the stock closed down .06 to $17.69 today, and had closed at $18.11 on Tuesday. This stock also rallied in the final half hour.