Friday, March 6, 2015

Some of my thoughts throughout the trading day.


CLOSED Long $SPY, 20150306, 209.5, PUT, @ 0.63, 11:07:50 Wished I'd kept my 0.85 tgt. I had 1.10 yest. This is freaking huge.

I'd have loved to say I was benefiting fr this big $TSLA down move but I'm not since I had hedged my position yest. I'm not losing either.

The flip side of #DOW taking out $T out of the index is that the index gets crushed now as index funds sell $T$DIA$SPY$QQQ$AAPL IMO

12:37 PM   Bought BABA put after news alert on RANsquawk that company been named in a lawsuit for selling products that were trademarked.
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BOT BABA Mar20'15 85 PUT 2.25 USD PHLX 12:36:44 OptTrader 1.09 null
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Being sued. Didn't research it. But heard news flash. Figured down mkt so stock wont rally 2 much anyhow to hurt me.

03:19 PM   In such a bear tape and BABA not falling much. I decided to lock in the small profit I have and not wanting to use up my round trade (PDT-rule where small account can only make 3 round trades every 5 days w/out being in violation)  I wrote a BABA Mar20'15 85.5 PUT.  So now I have a  BABA Mar20'15 85/85.5 BULL PUT position
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SLD 1 false BABA Mar20'15 85.5 PUT 2.85 USD NASDAQOM 15:18:19 0.80 null
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