Ace's Trophy Room (BIG or small - Show off today's gains here!)

[cherrycoke]

Originally Posted by Acegraphix

Good idea to get those puts huh?

Yes ACE ! But i musy say that TEX caught me by surprised for going down the past 2 days. i was still bullish even after its Q3 earnings report. And it did pretty well for that 2 days. But came Monday, it started to dwindle and i just "ride with the flow".

[Acegraphix]

Originally Posted by cherrycoke

Yes ACE ! But i musy say that TEX caught me by surprised for going down the past 2 days. i was still bullish even after its Q3 earnings report. And it did pretty well for that 2 days. But came Monday, it started to dwindle and i just "ride with the flow".

I think the market caught everyone by surprise. Everything (almost) took a downturn.

Alot of folks were loading up though (including myself) so we should see some winners this next month.

[cherrycoke]

Originally Posted by Acegraphix

I think the market caught everyone by surprise. Everything (almost) took a downturn.

Alot of folks were loading up though (including myself) so we should see some winners this next month.

yes,agree. loaded some for CDE NOV 22.50 CALL. Their earnings due out 5th Nov. But then again they have broke through the channel based on Fri's selloff. Currently having unrealized loss, hopefully CDE go backup next week otherwise i'll force to dump'em and reduce my loss

[cherrycoke]

Originally Posted by cherrycoke

yes,agree. loaded some for CDE NOV 22.50 CALL. Their earnings due out 5th Nov. But then again they have broke through the channel based on Fri's selloff. Currently having unrealized loss, hopefully CDE go backup next week otherwise i'll force to dump'em and reduce my loss

secure a small profit on CDE today.

10/29/2009 10:04 Bought 30 CDEKX NOV CALL 22.5 @ 1.20
10/03/2009 13:37 Sold 30 CDEKX NOV CALL 22.5 @ 1.45

(it was a roller coaster ride for the past few days!)

Profit of 18%

[simonyadig]

Locked in some nice gains today.

RVGD in at .00045, locked in half today at .0012, still holding the rest.



IVIT originally in at .00034, out at .0013, .0016, and .0017. Bought back half of the original position at .0008, locked in half of that today at .0021. Still holding 1/4 of the original position.

[JLC]

Simon you trade pennies on TOS? Isn't the commission a killer!

[simonyadig]

Originally Posted by JLC

Simon you trade pennies on TOS? Isn't the commission a killer!

There may be certain requirements for this, but you can try to negotiate a different commission rate with them. I don't pay the default commission for pennies.

I will say that the execution is not that great for them though, I am considering going back with ChoiceTrade for pennies, TOS for everything else.

[Richie Rich]

Originally Posted by simonyadig

Locked in some nice gains today.

RVGD in at .00045, locked in half today at .0012, still holding the rest.


IVIT originally in at .00034, out at .0013, .0016, and .0017. Bought back half of the original position at .0008, locked in half of that today at .0021. Still holding 1/4 of the original position.

$chweeeeeeeet!!!

[sn0wie]

Ahhh, how did I miss this thread?! Sticky IMO

One suggestion..let's brag on our losses too .

Here's one of the accounts from last week..

SOLD TO CLOSE -6 .APVWR $5.10 -$3,045.42 MARGIN 10/28/2009 3:59:00 PM 10/29/2009
BOUGHT TO OPEN 6 .APVWR $1.59 $968.50 MARGIN 10/21/2009 4:00:00 PM 10/22/2009


Ended the week up only $500 though, got raped on Friday..

[bondforever]

Originally Posted by simonyadig

Locked in some nice gains today.

RVGD in at .00045, locked in half today at .0012, still holding the rest.



IVIT originally in at .00034, out at .0013, .0016, and .0017. Bought back half of the original position at .0008, locked in half of that today at .0021. Still holding 1/4 of the original position.

Nice! Have a question though, based on your buys for RVGD, you got in based on the above average volume around $.0005. In the next couple of days, it broke below the key support around .0004 and went down all the way to .0003. But you still held on to it; even though it turned out to be a profitable decision in the end, what made you hang on to this one in spite of being down almost 66%?