Apple Inc. (AAPL) 10-1-07 Trade

Here is a trade I forgot to post. I bought some 150 puts about a week and a half ago. I was looking for a pull back that didn't come soon enough. I got impatient and sold my puts for a 15% loss. If I had held on to them and sold a few days later I would have made some nice cash, cause that pull back I was looking for came. It just came a few days later. So this brings me to my next trade....10-3 trade.

Apple Inc. (AAPL) 9-25-07 Trade

Apple has been on a tear lately. I bought a few 140 calls yesterday and quicly sold them for a 3% gain. I wish I would have held them till this morning!!! I would have had 49% gain.....oh well.

Apple Inc. (AAPL) 9-06-07 Trade

Apple has been all over the news and in my opinion it's all been good! But some investors are just plain stupid....They hear one thing and think that's the end, so they start selling off. When the big picture has not changed one bit!!!
oh well their loss!!!
so...
I bought some Sept 140 AAPL calls on Thursday 9-6. The day before AAPL investors got spooked and started selling off, so I bought as they sold. It keep falling as the day went on. My calls fell over $1, so at the end of the day I doubled up on my position. Friday was an up day my calls were in the green. Monday was an up day, Tuesday fell off a little and today (wed) it up nicely. After I doubled up I gave myself a target price to sell, well today it hit that target so I sold @ 3.40. This trade made a cool 62% gain in 4 trading days.

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.

Apple Inc. (AAPL) 7-30-07 Trade

This morning Apple was up over $1, then quickly fell to a midday low of a little over $4. About mid point to the low $4, I bought some Aug 150 call options. After I got in, apple continued to fall to its intraday low. At that point I was debating doubling up on my calls. I really wanted to but never pulled the trigger.

As it stands right now at 1:20 pm I am down .10 cents.

If I had pulled the trigger to double up I would be up .30 cents and might of actually have sold by now.

Well this trade got out of hand REALLY FAST. The stock kept dropping, when it was all said an done I was in it for 6 times than what I started out with. I did not intend to sextuplet (or whatever) my trade. I wen to double up and my broker account errored and said trade did not execute. SO I quickly entered a new order to double up. This one went through ok. I then went back to my positions page and to my surprise both orders went though, so now instead of doubling up I tripled up due to the system error (damn!) oh well. So now that I am in for triple, the stock took a HUGH hit. Dipped like 7 straight bucks. So now I am like I need to bring down my cost basis if I am going to make any kind of a profit off this trade. So I doubled my triple....ah WTF!

Needless to say the stock kept falling. Whats that saying "never try and catch a falling knife" well my hands got cut off!!!! This trade ended up being a 100% loss. This one HURT BAD!!!!

Wynn Resorts Ltd (WYNN) Trade 7-27-07

On Friday morning I bought some Wynn puts. Mid afternoon I was sweating it out as Wynn climbed over $3, which made my put fall over $1.50. Today Wynn fell over $3, which made my put options go up so I sold my puts for a 7% profit.