Thursday, August 12, 2010

Intra Day Sha la la la la

Short GOOG 500 calls for a mere pittance but it's $400 for ten so hard to pass that up. Short $490 puts for $7.30. These are both weekly. Which is just an absurd amount of premium me thinks. Short 20 AAPL 250 puts for an average basis of $1.65. This is a double position and I should have traded it today ie closed it and resold but I missed the boat a little bit. At this point I will leave it be, it's positive about a grand. My CME continues to implode. Must the stock go down EVERY day? I mean this is crazy. What a hideous chart. Why did I buy calls? Through the 20, through the 50. Gaped down yesterday on serious volume. How much more evidence do I need? This could be my worst trade of the year.

Holly won Hells Kitchen. Good for her. I thought she and Autumn had a chance with Autumn being a long shot but deep down I thought it was Jay's to lose. As long as Ben was sent packing, all was right with the world.

No comments:

Post a Comment