Apple Inc. (AAPL) 11-22-07 Trade

Forgot to post this one...I bought some DEC 180 calls on the 21st or 22nd. I doubled up when my options took a 1.00 dip. I set my target price for 100%, well today 11-29 it hit my target. So I sold half, then let the other half run. I sold the other half today too, .60 cents above when I sold the first half. I was going to let the second half run and play with the houses money, but I felt I was breaking one of many rules that I follow: DON'T BE A PIG! This trade made a nice 116% profit.

Select Sector SPDR-Financial (XLF) 11-14-07 Trade

The financials have been getting dumped on. So with Wednesdays pop in most of the financial stocks I bought some puts on the XLF etf. The XLF follows the financial stocks. I bought some March 08 33 puts. So far so good...the XLF has been down the last two days.

11-20 : I sold my PUTS this morning. The financials have been getting annihilated, this trade has been steadily going in my favor. So you ask ...why did you sell then? This is why...when something looks so good, and seems that the ride will never end. That's when you sell. Because it will turn on you, and when it does it will turn FAST. Always sell into strength! Do I think it will go down more(remember this is a PUT trade, I want the XLF go down)....yes, some.....but.....PIGS GET SLAUGHTERED!

This trade made a 61% gain.

PowerShares Exchange-Traded Fund Trust (QQQQ) 11-16-07

Tech (the whole sector) got hammered yesterday so I figured on a little bounce from the QQQQ which is an ETF. The QQQQ follows (reflects) the Nasdaq-100, which is alot of Tech stocks.

I bought some Nov 50 call options (which expire today at 4:00) after 10:30 which happen to be it bottom for the day. I sold them at around 11:30 for a quick 79% gain.

Apple Trade 11-6-7

So I bought some 190 puts on Tuesday. I felt Apple was going to pull back some. So I bought 10 190 put options...at the last 30 minutes of trading Apple went up $4 bucks, so I doubled up on my puts. My feelings didn't change I still felt it was going to sell off some.

Come Weds morning Apple pulled back a few bucks and then went sideways for a while. The market was skittish I couldn't get a fell about which way it (the market) and Apple were heading. So I ended up selling my 20 190 puts for a 6% loss. I felt like I didn't know which way it was going to go. Well later that day Apple fell over $7, then today (Thursday) Apple fell over $17. If I would have held my 20 190 puts I could have sold them today for a profit of...get ready this will knock you on your ass..( I almost killed myself...) $37 F-ing thousand DOLLARS!!!!! WTF WTF WTF! WHY?

UPDATE 11-12: Well this trade just keeps F-ing me...it's now worth $61 Friggin Grand!!!! Man, someone up there really F-ing hates me!!!


Does anyone know a good financial psychologist?

Apple Inc. (AAPL) 11-06-07 Trade

Apple opened up .87 cents then rose .94 cents more for a total of 1.81 up in the first half hour of trading. Then began to fall. This is a prime example of why I don't buy (when I am bullish) till after 10:30. I picked up some 190 calls at around 10:30 at $3.30 per option, I bought 10. This price finally bottomed at 2.95 before rallying. I sold around 12:30 for a quick 9% gain.

Citigroup Ord Shs (C) Trade 11-01-07

I bought some Citi Dec 45 calls on the hopes for a spike in price once Chuck Prince gets the axe. There are rumors circling around that he is to be ousted this Sunday. There has been talk about him being fired for over 8 months now. We'll see what happens....

UPDATE 11-06: The Prince has been dethroned!! The stock should have popped, but instead it took another dump...why you ask. Cause Citi is stupid. They come out with the news on Princes departure, but then also release news that they will have to write down much more $ than anticipated. Dummys...they shoud have held off on that news till a fews days to a week so the stock could go up on the Prince news.....IDIOTS!!!!

So with the decline I doubled up!

Apple Inc. (AAPL) 11-02-07 Trade

The jobs report came out this morning and was surprisingly strong. So one would think the market would have an up day....right. So I watched apple for an entry...(remember when buying I don't buy till after 10:30 unless I really think its going much higher than the opening price) So Apple was up nice on the open, then started pulling back as did the whole market. Why? right, we had a strong jobs report this morning. Any who....I made an entry in the 190 calls at around 11:20 for my target of 3.30, nailed the bottom (luck :) )!!!! Then the whole market made an upswing along with apple.

With that nice rally up I took my profit. I sold at 4.70 for a 42% gain in 2 hours!

Fed Meeting yesterday 10-31-07

Well, the FED came out at 2:15 yesterday and cut the rate by .25 points. They also said that they were worried about inflation and growth. This made investors nervous for a little while, and the market took a nose dive. Exactly like I said would happen....I said the FED would cut, but then say something that would spook the investors. I also said Apple would be one of the stocks that would take that dive and that I would get back in. Well apple did indeed dive. I tried to get back in as fast as possible, but the price moved SOOOOOOOO fast. By the time I hit the execute button on my order my target price was surpassed. Needless to say I was unable to get back in at a price I thought would be quickly profitable, and missed a huge rally. @$%!

At the bottom of the price dip, the 190 option price was at 3.15. That is when I put in my order. I added .55 cents to it to assure I would get in. Price moved from 3.15 to 3.75 in the time it took me to hit the execute button!!!!! My price entry target was 3.70.