Small Time Trading

[benchman]

Account value down almost $1,800 today. That was mostly due to ESV.

ESV down a whopping .46 to $6.97 today. Oil was down 1%. I am actually not bothered by this, as I have been saying that the stock was overbought and due for a pullback for days now. I just want to get it out of the way, so it can resume the uptrend. I could see the stock falling to $6.75 tomorrow, before rebounding.

I sold my RELYQ at .55 today, which was where it was Friday, so no effect on my account today. Best price I could have sold for was .56, which is where it closed today.

My KODK Puts were unchanged at .05, but the spread fell from .05 x .10, to .00 x .05. I added more at .05 today. KODK was down .70 to $8.50 today. LOD was $8.00. I need that to fall tomorrow if I am going to have a chance.

I bought WATT at $18.59, and it closed at $18.38, down $1.62. However, I sold some calls on half my position, so with that it was a net value gain for me here.

TMPS was down almost a penny to .1508.

MAAFF was unchanged with no volume again.