this week $HPQ@$28.29 and $HASI@$27.48 is on the top of my list for upward movement so I'll be watching this very closely and few other which I will post later on. To the downside I have 4 on the list $CTSH @$52.63, $NTR @$73.29, $PANW @$142.20 and $WM @$155.77
5 put cts $DIA $320.00 11 exp @$1.94. sold out @$1.41 acc...$6217.00 bought 5 call cts $DIA $330.00 11 exp@$2.57 if $DIA move down to 329.35 take pfrts past 331.50 then $333.00 move up stop loss...now past $333.50 and next level is $337.00 sold out @$5.60...acc@$7732.00
1st target $7000.00 reached on the next target $10K, I have a errand to run this one might take awhile good luck rest of the week.
in $SPY $392.00. calls exp 11 nov 5cts@$1.43 Im looking into this a bit more but no decision as yet anyone familiar with this name $SGEN they have a meeting with the FDA 16 nov. $SPY watch the $390.70 level it need to break to then move to the $396.00 sold 5 $SPY cts @$2.45.....acc@$8242.00. I got tp run might look tomorrow for trade.
bought $SPY 3 call cts $397.00@ $1.20 11 nov exp... if this gets past $396.50 it could run to $400.00 take pft fast. added 2 more so 5 @$1.03 tested $396 twice if 3rd time isn't a charm then I'm out. added 5 @.51 avg .771 Order Fill SPY 11/11/22 397 CALL Inbox [email protected] 9:32 AM (3 hours ago) Fill received for Order 3150011333 Bought 3 SPY 11/11/22 397 CALL at 1.2 leaves 0 Order details may also be found online on the View Orders page. If you wish to 2 [email protected] 11:48 AM (1 hour ago) Bought 4 SPY 11/11/22 397 CALL at 0.51 leaves 1 [email protected] 1:18 PM (1 minute ago) to Fill received for Order 3150100416 Sold 10 SPY 11/11/22 397 CALL at 1.16 leaves 0 I just had to for the non....... fill in the blanks. acc@$8631.00 have a good week end
bought $DIA 5 call cts 18 nov exp $340.00 @$2.06 also $DIA 5 call cts 18 nov exp $345.00. @ .65c A break of the $390.75 and it could run up to $343.00 then to the $347.00. sorry I meant $340.75 not $390.75 added 5 cts to $340 and $345.00 $340.00 cts @$1.575 avg $345.00 cts @ .46 avg be "FEARFUL here not HOPEFUL". down $530.00 due to stupidity on my part....acc@$8101.00 sold both $340.00 and $345.00 calls. My stupidity was holding and not paying attention to the inflow or outflow.
bought 3 $DIA put cts $330.00 @$1.05 just had to, the reason can't confirm but heard that a missile hit Poland. $336.00 looks like support so adjustments needed. anything below take prf and then play the waiting game for a direction. sold out of $330.00 puts @.75....acc $8011.00 in $337.00 calls 5cts@$2.05. a break of $337.75 then $338.75 - $339.50 added 5cts avg $1.85
looking at 4 bad trades so it's time to sit back look for where mistakes were made and just adjust to market, still holding 10 cts. as per last post. if $DIA can get past $336.75 then this trade could work out to a small gain. down $790.00 as I'm typing this here comes the test the scenario I'm looking at is between 3:30 - 3:55 this could test $337.00. will update later what action was taken. sold out @$1.15 will update later. took a lost $700.00
bought 10 put cts $DIA $335.00 @.49C 18 nov exp. sold [email protected] for $160.00 prf acc@ $7471.00. not what I was expecting this week I truly was expecting this to be at or close to $10K it didn't happen so on to next week.
bought 5 call cts $DIA $340.00 25 nov exp @.97 $337.77 then on to $339.75 which becomes resistance for the next step up to $341.00. $GLW above $34.00 and its a go for about 100 - 150 shares. sold out of $DIA @$1.50 acc @$7736.00 I like $GLW here will update lately not playing $GLW here anymore if you stayed $DIA congrats now north of $2.00. It was too nice of a winter day to stay inside lets see what tomorrow brings us
Looking at $DIA $343.00 and $345.00 for today no decision as yet. Keeping an eye on $BIG and $GLW no interest in anything
bought 6 call cts $DIA... $345.00 exp 02 nov @$1.26 bought 4 more into the @.60 average not .99c bought 20 cts avg now .565c sold 30 cts @$2.05 acc......$12,191.00 next stop $347.00
2nd target reached I won't be around till next week Friday good luck to all. Order Fill DIA 12/02/22 345 CALL Inbox [email protected] 12:24 PM (3 hours ago) Fill received for Order 3340025152 Bought 20 DIA 12/02/22 345 CALL at 0.35 leaves 0 Order details may also be found online on the View Orders page. If you wish [email protected] 3:32 PM (9 minutes ago) to Fill received for Order 3340091436 Sold 30 DIA 12/02/22 345 CALL at 2.05 leaves 0 $12,191.00 I would like to have an eoy close at $15,000.00.
bought $DIA $345.00 call 5 cts exp 16dec @$1.54..... sold 5 cts @$2.37. acc now @$12606.00. I might not be around for the rest of this week.
bought $DIA $348.00 6 call cts@$1.28 exp 16 dec. looking at past FOMC meeting make your own decision mine is to move out of it. sold @$1.41...acc@$12684.00 on to tomorrow
footie took over the day yday so even knowing that today would be a panic and contraction day no trade was set up, the trade I'm looking at going into today and tomorrow is $DIA $330 and $331 put. Will update what trade is in play. $TSLA now @$152.00 my $150.00 puts end of year exp looks good. 8 $DIA 332.00 put cts@$.0.99 exp 16dec. make your own decision on 330 and 331 sold $DIA $332.00 8cts@$1.99... acc@$13484.00. see post #213 if you played the $330 or $331.00 puts congrats enjoy the weekend treat yourself.
For months I was thinking ahead going into next year how far could I take the goal $10K now close to $15K and getting to $25K so I could post different strategies and stock play so followers no longer have to worry about the PDT rule. From the beginning this was my train of thought. My challenge was to see if $2K to $10K could be accomplished or not, also if it would be a fluke or not. Now what I concluded today it was not it was a don't care but not really a don't care attitude because its not my main account. Fast forward to today. Which brings me to this I was hanging out with my coffee buddies as usual this morning and a lady friend(this is a 1st) one of my buddies who works for a brokerage firm . We usually chit chat about the week also f**k ups and they had a good laugh at 1 of my trades bearing in mind it was a winning trade. I mentioned that I posted the said trade and she said "you are front running which is not good" she and I then had a discussion about it, long story short I'm thinking of shutting this down. I'm open to responses since I don't believe I am.
I've enjoyed reading this thread, but I haven't acted on anything you posted in it. Based on my understanding of "front running", there is no way you are doing that. Sometimes sharing trade information publicly can help traders who do it. When I was an active trader in the past, it was a common practice to share information about our trading plans - it still is, for those who day trade and swing trade. Day traders who hang out in chat rooms by the dozens or hundreds can actually have an effect on pricing - if 20 or 30 traders are all waiting for a trigger event, move or price to 'buy in', then when that trigger occurs - boom, the price goes up because a couple of dozen or more traders are pursuing the same strategy at the same time. There is nothing illegal about this UNLESS it can be proven that they colluded to artificially manipulate the price of a given security - a fairly high bar, also such occurrences are difficult to identify and more difficult to enforce. The SEC has better and more important things to do - which is not to say they are very good at those, either. Such activity is not illegal the vast majority of the time, anyway, so it's a moot point. Do whatever you like, but with all due respect I doubt that it will make much difference, regardless of your decision. That said, I have enjoyed the thread. Thanks for sharing it so far, and best wishes for your continued success. One thing that I confess I particularly appreciate is that you've disproven the assertion of many here who say "it's NOT POSSIBLE to beat the S&P 500!" Not likely for most of us, and most people LOSE money trying, but the same thing can be said of starting a small business, becoming a successful actor or artist or sports figure, and many more things that SOME PEOPLE can do, but most can't.
I do appreciate your input, I don't do chat rooms so I'm not worried about that, mind you I did do HSM chat room way back. I do agree with your take on the SEC, once in awhile they go after some small guy and when they do go after the big guns nobody goes to jail just a fine. Maybe she was warning, misunderstood or just looking out to make sure we as a group wasn't into some bs, a well all the trades are transparent so we move.