Well after my homework last night I couldn't wait for the market to open today. Then I sat and sat and sat. Everything I had was trading sideways for days now! It was driving me nuts. I was able to ring the register by the end of the day. NYX was a winner but jsut barely. I had to get out as it was just taking forever to set up and I was fearful that it might just lose everything it gained tomorrow. It seems the market is working like that lately. The Dow showed a green day so I expect a red day tomorrow. But what do I know?
In and out of T March $37.50/call net profit of 5%
In and out of (sell/buy) NYX March $85/call net profit of 27%
In and out (buy/sell) NYX March $65/Call net profit of 7%
In and out NYX shares net profit EVEN (+0.1%)
Although the percentages on NYX look great let's remember that I only had a couple of contracts since most of my capital was tied up in the actual shares of NYX.
I has a hunch about T and it never panned out so I just got out. Again, it was only for a few contracts. So basically I preserved some capital to fight another day.
I am still holding 300 shares of ESLR along with a some protective "put" contracts. I still feel like this should hit $12 soon and it will have been worth the wait. Once this gets into the $11.50 range I will probably sell a few "call" contracts in hopes of grabbing a few more dollars before the 3/22/08. I might as well wait the 3 weeks or so for expiration before I get of of ESLR.
I also picked up a few shares of OTD the other days @ .025. I think it was a brain fart on my end! Grrrrrrrr
Oh well, I see I have 2 new players that showed up on my scan. I will post a few charts on them next for everyone to examine.
Boca_Bobby
Boca_Bobby
Mom said there would be days like this!
