InvestorsHub Logo
Followers 158
Posts 21233
Boards Moderated 4
Alias Born 02/16/2004

Re: blasher post# 7636

Friday, 04/12/2013 3:20:11 PM

Friday, April 12, 2013 3:20:11 PM

Post# of 7711
thoughts for the day as we come to a close . . .
AAPL - never really got a Rally going, so no Signal
LNKD - after a weak Open, LNKD Rallied quickly . . bug failed to even get any higher than the Closing hour yesterday . . so that was a Trigger (@ 09:45.ET) to Buy Put options (or Short) . . the Apr 170 Put was easily bought @ 60 . . . then the Drop faltered as a Strong Reversal ensued and between 11:00.ET and 11:10.ET that Put was easily Sold @ 95 . . for a 50% gain!
NFLX - Gap Open Rally on the first bar of my 10-min. Chart . . and easy Tell on the second bar that she was coming Down ... there was some room to Profit from the Put options, but Volatility was so high that put-option-prices did not Drop enough on the early Rally, that even when the underlying DID Drop, there was not much gain . . so an easy break-even.
QQQ & SPY never did rally . . . Dropping from the start then meandering weakly higher the rest of the day to still Close Down some for the day.

So, this is how I do my Plan each morning for Day- or Two- Trading.
I do the research that morning and then stick to that Plan.
Making some money each day or two is nice.
Stock Trend Trading
.

Blasher . . .
follow me at #board-2546 . . .
and follow my Public Stock Pick Charts

.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.