Replies to post #76440 on SPDR S&P 500 (SPY)

[Neutral Man]

Trade Journal for Dummies(Before da-Bell)!

WooHoo, taking on CASH and Profits buying back dem Apr30 puts!

Wow, we were like Waaay Offffff, well, AGAIN, LOLOLOLOL!! We expected a freakin GAP down and instead da-Boyz are gonna GAP-R-UP, Whatda, Son of a...., Boyz - you've got our Number and we LIKE IT, LOL!

We expect prices to make a new OE high today and maybe even make a RUN for the yearly High of 31.68?

That said, we'll be taking on CASH and Profits as usual and LIKE-ing it regardless of today's final numbers, Thanks BOYZ - Sweeeeet!

Revised Pattern Violation 4cast.......!?
Date Open High Low Close
20-Mar 29.70 30.03 28.98 29.18
23-Mar 29.86 30.94 29.66 30.90
24-Mar 30.65 30.88 30.31 30.33
4cast
25-Mar 30.62 31.38 30.52 31.33


posted last nite with teh "Update" post:
Alrighty then, we made $1440 today and $6360 for the first two days of the OE and we LIKE IT! That said, we have a long ways to go to recoup our Apr28 put losses (currently Zero’d Out at a -$19.12 loss)!

We expect prices to GAP below support 804 and 29.86 tomorrow as da-Boyz Long Stop Sweep-em off da-Game Board, da-Longs dat is, LOL!!

That said, we went into the close nearly Net Neutral and we’ll be taking on CASH and Profits regardless of direction, what’s New, LOL!

TODAY's COMPLETED and/or PENDING TRADES:

New trades today:
BtC, 40 Apr30 puts at 0.87, .20 gain, post as 0.80 with 40 contracts!

Pending trades(GtC, Good till Cancelled):
None

TRADE HISTORY:

OPEN POSITIONS(Long/Short ratio = 1.25 to 1 Net Short bias)

LONG(controlling 16k shares):
13, StO, Apr32 puts at 2.02 (40), last, 2.16, -0.52 loss
11, BtO, Apr34 calls at 0.16 (80), last 0.13, -0.12 loss
09, BtO, Apr31 calls at 1.05 (40), last 0.91, -0.52 loss

SHORT(controlling 16k shares):
10, StO, Apr28 calls at 3.06 (40), last 2.80, 1.04 gain
05, StO, Apr28 calls at 2.61 (40), last 2.80, -0.76 loss
02, BtO, Mar28 puts at 1.87 (40), Taken to Zero, -7.48 loss
01, BtO, Mar28 puts at 2.91 (40), Taken to Zero, -11.64 loss


Pending Gain/(Loss)$, (19.88) or -19,880
Commissions$, (280)
Total cost$, -20,160

CLOSED TRADES:(we've closed 7 trades thru 24Mar)
25Mar(1)
14, StO, Apr30 puts at 1.07 (40), bought for 0.87, .20 gain, post as 0.80
24Mar(2)
06, BtO, Apr33 calls at 0.22 (40), sold for 0.38, 0.16 gain, post as .64
12, StO, Apr32 puts at 2.03 (40), bought for 1.83, .20 gain, post as .80
23Mar(5)
06, BtO, Apr33 calls at 0.22 (80), sold for 0.42, .20 gain, post as .80
07, StO, Apr33 puts at 2.95 (40), bought for 2.75, .20 gain, post as 0.80
08, BtO, Apr29 calls at 1.91 (40), sold for 2.16, .25 gain, post as 1.00
04, BtO, Apr30 calls at 1.25 (80), sold for 1.44, .19 gain, post as 1.52
03, StO, Apr31 puts at 1.95 (40), bought for 1.75, .20 gain, post as .80

Beg Port Balance , $30,000
FebOE gain/(loss), $ 2,100
MarOE gain/(loss), $10,780 (pending $-12,400 loss on Apr28 puts carried over)

Posted gains against 1000 shares, $7.16/1000 shares or $7160 less commissions (Port starting funds = $42,880, 14.8% posted gains for this OE period).

Daily Gains$:

23Mar- 4.92
24Mar- 1.44
25Mar- 0.80

Wkly Gain/(Loss)$:
Wk1- $7.16, Wk2- $?.??, Wk3- $?.??, Wk4- $?.??

4cast(like TA, Charts, Fibs & Lies), is ONLY for entertainment purposes!

We expected prices to be up 12.5% and clean da-Shorts clock, OUCH!?

Date Open High Low Close
20-Mar 29.70 30.03 28.98 29.18
23-Mar 29.86 30.94 29.66 30.90
24-Mar 30.65 30.88 30.31 30.40
4cast
25-Mar 29.59 30.13 28.83 28.96