Thursday, July 16, 2009

Thursday Results


Nett Profit : $106++

Terribly Choppy:
Bonds = Red
Future = Green
Index = Red
Stock Catalyst : Green/Red
Commodity : Red
VIX : Red
TICK : Mixed

My profit came from OTM CALL options 14 contracts.
Why Call?
Futures far advanced from Index, and NDX turned green.
TICK mixed but mostly positive.
AAPL advancing made it divergence with AMZN.
MSFT and QQQQ even red kept advancing to green.

TYX Bonds and CL reached green zone briefly.

Why Exit?
Mixed market and faked breakthrough were friends. Getting out partially and exited at faked breakthrough was a good choice for exit.

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