Date updated:11-20-2008
No description available

-
ICE
Intercntntlexchan - $107.81
- +0.96%
- $107.75
P/L: +$50 Cost: $550 Sold: $600 Notes: Reversed on higher volume. Wanted to take some profit. Date Sold: 11-11-08 2:07PM Price: $300 Date Bought: 11-10-08 12:43 CALL DEC08@55 Price:$270 Quantity: 2 Watch: Buy: Stock=$82.50 CALL DEC08@105 Buy: Stock=$75.50 PUT DEC08@55 Stop/Loss set at $50 P/L: +$655 Cost: $415 Sold: $1070 Sold Date: 11-07-08 Quantity: 1 Price: $540 Sold Date: 11-06-08 Quantity: 1 Price: $530 Buy Date: 11-05-08 PUT NOV08@75 Price:200 Quantity: 2 Stop Loss: $90.50 Limit Sell: $75.50

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DNA
N/a - $80.43
- 0.00
- $80.43
P/L: -$210 Cost: $490 Sold: $280 Notes: Stop/Loss was set to high. Must be based on option price, not stock price. Unless stock price is calculated to reflect option stop price. Date Sold: 11-07-08 Quantity: 2 Price: $140 Buy Date: 11-06-08 PUT NOV08@80 Price:$240 Quantity: 2 Stop Loss: $84 Limit Sell: $79.50 11-05-08: Watch: Buy Price: $84.50 CALL DEC08@$95 Buy Price: $82.50 PUT NOV08@$80

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V
Visa Inc. - $82.97
- 0.00%
- $N/A
P/L: -$210 Cost: $450 Sold: $240 Notes: Bought picks before 10:00AM. Way too early. Date Sold: 11-11-08 Price: $120 Quantity: 2 Date Bought: 11-10-08 CALL DEC08@60 Price:$240 Quantity: 2 Watch: Buy Stock=$54.80 CALL DEC08@60 Buy Stock=$50.70 PUT DEC08@45 Stop/Loss set at $50

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CELG
Celgene Corporati - $56.30
- +1.53%
- $55.74
Awful Awful Awful. I screwed up on bucking the downward trend. Trend is still DOWN. Must wait until some better signs of rally, not just a late day goofy rally. - 11-20-08 Date Bought: 11-13-08 3:34PM CALL DEC08@65 Price: $220 Quantity: 2 Date Sold: 11-13-08 3:08 Price: $155 Quantity: 2 Date Bought: 11-11-08 3:35PM PUT DEC08@50 Price: $190 Quantity: 2 Watch: Looks good. Sell Volume rising as day rounds out. 11-11-08. P/L: -$80 Cost: $390 Sold: $310 Notes: Market and stock made a reversal. Keep within my -$50 per contract stop. Bought a CALL DEC08@65 for $220. Date Sold: 11-13-08 3:08 Price: $155 Quantity: 2 Watch: Looks good. Sell Volume rising as day rounds out. 11-11-08.

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PKX
Posco - $124.66
- +4.58%
- $122.36
Awful Awful Awful. I screwed up on bucking the downward trend. Trend is still DOWN. Must wait until some better signs of rally, not just a late day goofy rally. - 11-20-08 Date Bought: 11-13-08 CALL DEC08@75 Price: $280 Quantity: 2 Watch: 11-13-08 1:00 Looks like it may be breaking support. Currently at 51.99. If it doesn't trend upward, or fails an upward move, buy PUT DEC08@40.
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A. Everybody at Ken Lewis and Co. are
high-fiving it tonight and pouring
champagne over each other's heads like
they just won the World Series. Tomorrow
they'll have a hangover but the market
will probably have the secondary priced
in very quickly. Then it's just clear
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