pftq's Swing/Day Trading Journal - Page 13

Stopped out the rest of CBOU calls at stock price of $12.30; bid for calls was kept up higher than it should be though by someone so there was no loss.  Just watching for further entry on either this or DMND right now.

PEP is spiking on Relational Investors about to reveal their stake in the company. Calls are priced nicely, so I picked up a few June 70x just to see what happens. A move of $2.50 on the stock means 300% on the calls.

Watching for a break of $24 on DMND with this news:
http://www.reuters.com/article/2012/05/23/diamond-idUSL1E8GN2A620120523?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews&rpc=43

Still holding Sept. 23x calls here.

Just a heads up - as mentioned earlier, I'll be holding off from any trading until about the end of summer.  Going to be very busy - hopefully nothing dies before I get back. :P

Finally able to trade again after a long summer. No more holding in the future though while gone (DMND But PEP did awesome so oh well ).

In the mean time, I wrote myself a small program for automated screening and technical analysis.
Right now the most consistent indicators are volume + trendlines, so I'll be trying out real trades with those first.

So far I've picked up the following on my screens but will be watching more before deciding on entry. The automation doesn't time the entry that well yet, so I'll still be doing that myself for a while but it's nice not to have to use Equity Feed or anything like that anymore.

ADI at $40 (intended long)


VNO at $80 (intended short)

Making my first trades off a program - getting interesting. :P I ended up picking up a few ADI calls at $1.20 yesterday after the stock pulled back up to $40.40-ish. VNO looks like it's bouncing so I'll wait for that to end.

Edit: Got out of ADI calls at $1.25 - didn't look like it was going to hold in this range for much longer without a pullback.  That and the program actually bought and sold a few days ago already, so I'm jumping in late anyway.

Also using a configuration I made for modeling SPY, my program is showing that SPY is right at a major resistance (overlapped red candle you can barely see further right) - thinking of going long in anticipation of a break, especially since the program actually went long 2 months ago, but I'll wait for a pullback first (since I'd be going in 2 months late if based on the automation).

So I found out Yahoo's historical quotes don't include today. That set me back quite a bit and I spent most of my morning rewriting code to pull from their other API for today's quote.

I'm trying to avoid trading stocks that the program already closed positions on. Had to re-run my scan on the Russell index for trendline breaks. It's still running right now (only have 100 done), but I've gotten one so far that isn't closed yet at least.

I'll see about entering depending on tomorrow's open.

LVLT at 21.56


 

Other stocks it pulled up for the past week but already closed longs on were GOOG and WHR.

Finally got one that was opened today.  Still going to wait till tomorrow for confirmation though.

SANM at 8.90

Into SANM September calls at $.45

Current still watching LVLT and just added EXEL to my watchlist based off my bottom indicator.

Bah, missed LVLT while I was typing.  Going to hope it pulls back a bit more later.

Picked up EXEL Sept calls at $.70

HUN just showed up as a potential resistance break. Going to wait nearer close to make sure it doesn't ruin that candle.

Added HUN Sept calls at $1.20 - quite some resistance at the stock price of $14.50 though; hope to see that break before close.

Also added BBG Sept calls at $1.75, in anticipation of the below upper trendline break.

If we close here, we break the upper trendline resist for SPY. (bullish) But it's very close to the stronger horizontal resistance right above.
Looks like the long signal from June still works though.

Picked up a few BAC Aug24 calls at $.10 in anticipation of the upward trendline break (and recent market resistance break). Only a few because it hasn't actually broken on my program yet, so I'm frontrunning the signal a bit.

Special thanks to Davecash for the heads up.

Other potential breakouts picked up by my program. Didn't have time to trade them though as I'm already busy with my existing positions.

Out of BAC calls this morning at $.19 (+90%)
Picked up SPY Aug.24 142x calls at $.80 during the light dip

5 for 5 on automated trendline trades so far.
SANM - in at .45, currently .50 bid
HUN - in at 1.2, currently 1.3 bid
BBG - in at 1.75, currently 1.85 bid
AXL - in at .55, currently .6 bid
SPY - in at .80, currently .80 bid

Edit:
Exited SANM and HUN at the same prices, since my program also sold.
Re-entered BAC at $.14.

BBG - in at 1.75, currently 1.75
AXL - in at .55, currently .6
SPY - in at .80, currently .9
BAC - in at .14, currently .13

Added AAPL Sept 700x Calls near close today at $7.45. Saw it kind of late but just buying off the cup-handle formation and the hype building up to the iPhone5 release.

Out of BAC calls at $.40 (+185%), stock at $8.40 (re-entered a couple days ago at $.14 after already making 100% in one day).

More than content with this stock already. :P

I'm thinking it should pullback at least a little bit (intraday timeframe in mind) from the resist at $8.40 exact.
But my program just generated another buy signal on today's candle and $8.25 break, so I'll probably get back in on longer expiration end of day.
Edit: Have to see the price near close first though - buy signal today can be completely cancelled out if the candle is no good.

Also out of BBG at $1.80, already past my expected holding period.
Doubled calls on Sept. 700x AAPL during the pullback just now.

Watching for an exit on SPY as I don't want the weekly decay to bite into my gains.

Edit: Got out at $1.20 (+50%) on calls (from $.80 last week). Think it'll go higher but I'll probably want to re-enter and father expiration calls.

Not much trading today.  Just doubled down again on AAPL this morning when it dipped below $650.

School starts tomorrow, so I'll be slowing my trading down again. :(