My Life My Trade

As of Monday Aug 17, 2009 4:15PM ET, these levels are:

AAPL – $155

RIMM – $75

GS – $155

QQQQ – $38 (massive massive OI in puts at $38 level)

IWM – $53 –> difficult to see this happening

SPY – $98

GOOG – $440

BOT them last night AH for $1.32

Got back from India last week. I am glad I decided not to be trading on this trip. It was a 2 week long trip. It was so hectic that I feel I need a vacation after coming back.

Turned out to be a blessing in disguise as it kept me from trying to short this sucker market from SPX 940 all the way to SPX 1010.

Expect more frequent updates from me from here on.

Will hold over the weekend.

BOT them for $0.15

SOLD them for $0.47 (30 minutes later)

Holding onto some more.

UPDATE Jun 30, 2009 9:00AM PT: Sold the rest for $0.66 – sweetest trade I have done in a while.

DISCLAIMER: Nothing contained anywhere on this site constitutes any investing advice or recommendation. Any purchases or sales of securities are solely at the discretion of the reader.

BOT them for $1.36 a piece – 12% loss after commissions

• AAPL Jul $135 puts @ $3.03 (avg) (purchased 06/25)
• BIDU Jul $270 puts @ $7.30 (purchased 06/25)
• FCX Jul $48 puts @ $2.15 (avg) (purchased 06/25)
• ICE Jul $110 puts @ $3.90 (purchased 06/25)
• OIH Jul $95 puts @ $2.76 (avg) (purchased 06/25)
• PALM Jul $13 puts @ $0.95 (purchased 06/25) – earnings play; small position
• IWM Jul $49 puts @ $1.05 (avg) (purchased 06/25)
• SPY Jul $89 puts @ $1.36 (avg) (purchased 06/25)