Monday, June 25, 2012

Evening folks..... Wow...what a day....DJIA -138 and here I thought all the charts looked good over the weekend.... Housing numbers were good, in fact, new home sales scored their highest level since spring 2010....but Europe trumped any good data.....concerns over the meeting that will occur later in the week dampened Wall Street.

Ok...let's get to the trades:

AAPL 575 w c at 4.80 / out at 5.10 but it hit 6.00 so left $100 on the table
IBM 195 w c at .87 / out at .74 x 3
DNDN 8 w c at .15 / still in closed at .11/.12

Stocks I'm holding and buy price:

AKS 5.29
LF 10.22
LPX 10.16
ZNGA 5.75

Ok....today's lesson.... Don't trade with the market is either up or down 100 pts when you wake up.... Don't buy calls on a down day.... That's all I got folks... Follow me on twitter and ihub.... Have a good evening....

sdh