Today was a tough one for me. Kids are home and I can't always be around for trading. I did make some time, but was distracted and made some mistakes. Didn't move up my stops, so I left a lot of money on the table. My favorite stock, BIDU, was strong and even closed at hod of 111.23, but I wasn't even in. That's the way trading goes sometimes.....
Market was a yo-yo today. Up....down....up....down. Then it got fresh legs at the end and the bulls ran it to close at +131.24. Another nice green day.
Now to the trades:
APKT short 35.95/35.65 x 500 = -150
BIDU stopped 107.22/106.86 x 500 = -180
BIDU 104.58/105.58 x 500 = +500
BIDU stopped 106.37/106.07 x 500 = -150
BIDU stopped 107.50/107.20 x 500 = -180
BIDU 108.60/109.90 x 500 = +650
BIDU 108.58/109.35 x 500 = +385
Total = $875
Monday = $1,860
Tuesday = $6,185
Options: Bought the following:
RIMM w $25 call .49 - down $214.60 <------- it hit .70, but I didn't know and didn't sell....yuck!
BIDU w $110 call 1.70 - up $964.20
I will take care of both tomorrow.
That's all I have today. Hope everyone had a good trading day!