Seeking Alpha
  • Ocean Man
    Sold some TVIX and bought WLT, FST, MHR, CHK, and SM. Yesterday's truckload of INTC puts looking sweet.
    12/8/11
    Reply (10)
    • johnnyBuz: How do trading costs not affect you (and others) that routinely trade 5-6 different positions per day?
      12/8/11
    • joe kelly: good choices. 6 bucks a trade is nothing compared to the profit. it's really a non factor.
      12/8/11
    • joe kelly: Or loss if that's what happens.
      12/8/11
    • sstonerm3: jBuz, Larger number of shares lowers cost.
      12/8/11
    • Ocean Man: If my portfolio was small, I wouldn't trade that way. I pay $5 on trades that average around $5,000 so that's 0.1% to overcome.
      12/8/11
    • johnnyBuz: Ahh okay. Didn't think your port was that big. My total portfolio is only around $10k now so I swing trade or buy and hold.
      12/8/11
    • cheme: WLT moving these past 2 days...what's going on?
      12/15/11
    • Ocean Man: Remember when I said WLT was due for a buyout rumor? It got one today. Check out the flyonthewall article on Yahoo.
      12/15/11
    • cheme: Nice call...u in on any action? Maybe I'll just throw some options on.
      12/16/11
    • Ocean Man: Yes, I have a good-sized chunk of WLT (shares, no calls).
      12/16/11