Apple Inc. (AAPL) 8-28-07 Trade

Yesterday I bought 10 sept 130 calls at around 2:00 for 5.60....not knowing the FED meeting minutes were being released as I hit the execute button. So about 10 minutes later I was down 1.00. So I doubled up at 4.50, cause the market in my opinion over reacted to the FED's misleading and confusing meeting minutes. They didn't say they were cutting rates and they didn't say they weren't, so people got scared and started to sell off. The market sank, along with my options.

So when I doubled up my cost basis went down .55 cents, so I am in at 5.05 per contract.

This morning (8-29) the market was up, and Apple popped over $4 bucks, my options popped as well. So I sold my 20 calls for a quick 18% gain.

Trade Update 8-21-07

It's been awhile since I have posted any trades. Over the last 2 weeks I have done way too many trades to post. To be honest I can't even remember them all. They have all been with Apple though, and all were small gains. Apple has been on a roller coaster, great for trading. Has to be watched closely cause price moves fast!

Cvs Caremark Corp - (CVS) Trade 8-7-07

Bought some CVS Nov. 37.50 calls. CVS came out and reported a nice quarter and the stock responded. Probably sell between a .50 cents and $1 gain. Got in at 2.40.

Update 9-26:

I sold my calls this morning at 2.90 for a 21% gain.

Apple Inc. (AAPL) 8-06-07 Trade

With Apple opening this morning on the up side, I bought some 130 put options. I knew it would pull back, and sure enough it did. I had to hedge my earlier apple call trade (which I am getting destroyed in right now) I sold my puts for a quick 33% profit.

Caterpillar Inc. (CAT) Investment 8-1-07

I bought some CAT stock the other day in my Roth account. This is a long term investment. CAT is at a good price right now for a new position.