Thursday, July 30, 2020

+8% but missed so much more

Market opened -1%, but the only gaps down were breakout failures from yesterday. There were several amazing gaps up, but I was so wary bc down market day.

Market opened with volatility and I had 2 big losers to start. UPS finally made my day, and then good trade in QCOM, but I traded them too tight bc market was down and I was skeptical. Anyway, I still made a nice day, this 9Av.

AKAM puts from yesterday still riding. they are .20x.40. Could go to zero, I presume. Still open.









Popular Posts

  • Bear market mantras
    Below is the breakout I tried to play long this morning. It was (what I call...) hard work. That is the feeling that it's just not launc...
  • Career best trade. Unbelievable!
     I can not believe this trade. Best trade (%basis) of my entire career... by FAR! I started with 3 calls @0.22 for a starter in the second m...
  • Lucky day for +7%
     Market is falling out hard yesterday and this morning.  I did one thing right: trading next week's expiration. It's less of a heart...
  • basic green day
    Opening pick was AMAT, gap down on volume, breaking levels. When AMAT failed to drop out, I went long AMD for relative strength, and it was ...