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Robert Weinstein
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  • Trading Results 3/12/11
    It’s been a few days since I’ve had a chance to post my results.

    I have been busy upgrading my execution trading system computer. At the same time I have written several articles and I wife has not been feeling well so I have been in charge. It was a light week of trading overall. I have also been spending time on trying to figure out how to make this website better.
    Of the trades I had today none were real big winners except for a William long trade with MED. Otherwise the rest of the trades were shorts. While I am short VRUS overall I am long the stock. I am short 11 options contracts and long 300 shares. Since the options are very illiquid I have been using the stock to trade around my position. While I post a small realized loss with today my short with VRUS it has worked well today and yesterday.
    VRUS - 86
    RCRC + 66
    NDN + 131
    MED + 488
    ANIK + 44
      + 645
    Mar 11 5:02 PM | Link | Comment!
  • Trading Results 3/4/11
    A little more busy than the last couple of days but I am fighting for every inch I can get.

    BKS is basically near the puke stage. Today I decided that I would throw out a bid for a nickel on the calls that I wrote and it took a while but sure enough they sold. That closes out my swing short with BKS. I traded CDE again today from carrying it over last night. I took a dinging for the most part with it. I felt that with silver prices moving higher and the stock being down I should take what I can get. Technically it is bearish for a stock to not be able to climb on good news and so I decided to hold a few hundred shares short covered with puts as a time hedge.
    I shorted more VRTX april calls. Today I added the 55 strike price. This is somewhat of a new type of trade for me. It is using my tested and true William signal adjusted for providing swing trade signals. It is designed to signal areas that if there is enough premium in options that I should short the calls. Based on the article I wrote in there are plenty of people that feel this may not be the smartest trade. They may be right but that will only mean I need to see if adjustments are needed.
    I received a William signal with ITMN and while I had a bigger gain at the close, I traded it back and forth in after hours which had the effect of lowering my unrealized loss, realized gain and raised my average sale price.
    COO was a gap up fade. It gave a Brenton signal but the signal was right at the dead top of the move.
    BKS options + 167
    CDE - 59
    CDE 34P - 187
    CDE 35P - 59
    COO + 260
    ITMN + 78
    Today + 199
    Mar 04 5:32 PM | Link | Comment!
  • Trading Results 3/3/11
    Frustrating day with interactive brokers.

    My carryover with BGS could have been a very good trade for me but very near the open no shares were able to be shorted using interactive brokers. Just about everyone else in the chat room said they had shares available and it wasn’t until the price dropped to about 17.70ish that shares became available. I covered most of the trade but I am still short as of writing. I shorted VRTX april 50 calls with an average of 2.10 and will hold it for at least a week barring a large drop in the price more quickly.
    Lastly, I shorted CDE into the close and shorted more in after hours trading. I scalped it to work my way higher as it moved higher into the close and will hold until tomorrow.
    BGS – 915
    CDE - 9
    Today - 925

    COCO long
    BKS short
    VRTX short

    Tags: CDE, BGS, COCO, BKS
    Mar 03 4:37 PM | Link | Comment!
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