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Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.
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Feel Like I Shouldn't Have Gotten Out Of Bed
The stock market started out on a real downer and a couple of my trades went sour today. But by the end of the day I was only $100 down and I'm in a good position for next week (I believe).
[More]
Disclosure: I am long SCTY, UNXL, DUST, NUGT, FXEN, GME.
Additional disclosure: some are covered calls
Finally A Good Day
My existing covered call positions were up about $600 today while my day's trading activity broke even. The majority of the profits were in the first two covered call positions involving SCTY and UNXL. SCTY rose 5% today, putting this covered call solidly in the black.
[More]
Disclosure: I am long SCTY, UNXL, DUST, NUGT, FXEN.
Additional disclosure: covered calls
My Market Neutral Experiment
Today was another disappointment from a trading perspective. My positions started very out the day on a very positive note. At one point in time, SCTY was up more than 10% and INXL was up substantially as well, at least 6%.
[More]
Disclosure: I am long UNXL, SCTY, DUST, NUGT.
Additional disclosure: Covered calls