mysidetrades: November 2012

Thursday, November 29, 2012

Friday, November 23, 2012

Two ETF's soaring

Hoping for some pull back before purchasing straight calls on these.
[Germany and bull 3X Emerging markets]

Wednesday, November 21, 2012

DE Short (target (78-80)

[DIDN'T WORK OUT, MY PUTS WERE BUSTED]
..................................................................................
Q4 earnings of $1.75 have been announced, missing analyst estimates by $0.13.

Long GMCR?!

High Call volume on Nov 20th:

GMCR Dec 22 2012 30.0 Call	GMCR	Call	30.00	93,889

GMCR Dec 22 2012 30.0 Call

GMCR

Call

30.00

93,889

GMCR Dec 22 2012 27.0 Call	GMCR	Call	27.00	48,287

GMCR Dec 22 2012 27.0 Call

GMCR

Call

27.00

48,287

Tuesday, November 20, 2012

Short LRCX AND A (Jan Puts)

Shares Short (as of Oct 31, 2012)³:	10.07M
Short Ratio (as of Oct 31, 2012)³:	2.40
Short % of Float (as of Oct 31, 2012)³:	5.70%
Shares Short (prior month)³:	7.47M

Shares Short (as of Oct 31, 2012)³:	3.52M
Short Ratio (as of Oct 31, 2012)³:	1.00
Short % of Float (as of Oct 31, 2012)³:	1.00%
Shares Short (prior month)³:	3.49M

looking at January Calls for these ...

Monday, November 19, 2012

Here are a few trading rules that I found working for me over the past 15 years.
A. Try to follow the steps of the elephants (i.e. big mutual funds and institutions).
B. Its not my goal to predict the bottom for a falling stock or hoping to sell at the top.
C. I will be happy to pick the right stock, make a trade in the right direction, and take profit.
D. Always look for shorting opportunities in the market. Fear is a powerful emotion which can drive the stock price to lower levels.
E. Do not see how one can survive without buying puts to protect against bad market. (well If you have short positions a falling market is a good market).
F. Try to allocate not more than 20% of my trading budget for each trade. Always have 15-20% cash and survive my bad decisions and losing trades.
G. Not in love with particular stock or industry group.
H. Always on the hunt for opportunities in the entire equity market.
I. Step away from battle field. Avoid trading one week before and after earning announcement. Digest earning calls and company announcement before getting into it. When you gamble , the house always wins and you lose.
J. Rapid fire moment, does not lend itself to smart thinking.
K. Pressure is mother-of-all bad decisions, don't pressure yourself.
L. Never kick yourself for taking profit.
M. A money management tip: You get out, when getting is good, before you blow yourself up.
N. Its Ok to take a pass on a trade, listen to your inner Clint Eastwood, "Man got to know his limitations."
O. Assess your down-side before entering a trade, not your upside.
P. Always have 10% of your portfolio in cash, and consider yourself fully vested, if you are below 10%. Need to sell some positions to raise cash.
Q. Have a list of good stocks to buy from, look for pullback and be patient. Not having a list to pick from, is a good indication that you have not done your homework.
R. Refrain from trading on a volatile day, let the dust settle, and let the amateurs play. Enter a position when more odds in your favor. Playing earnings is a dangerous way to gamble.

mysidetrades

Thursday, November 29, 2012

VMW Calls (Buy on Pull-back)