iceman's options trading journal

iceman1 · Jan 25, 2006

Quote from iceman1:

1/23/06

bought 10 OIH NI (oil 145 puts) @ 2.75
ordering selling 10 oih NH @ 2.25

I have zero doubt I will make a profit on this trade.

OIH -243

oih NI (145 puts) 310/320

well -- I'll give it until Monday - maybe roll into March puts. sold OIH NH @ 185-195 today

+10 oih NI @ 2.75 (pnl +350)
- 10 oih NH @1.90 (pnl -45)

maybe I'll sell another 10 of the 140 P (oih NH) and then try later to leg into 135 March or 135 February for best advantage

iceman1 · Jan 25, 2006

Quote from iceman1:

CMe

order buying 8 Feb 390 puts on CME @9

(st scalp)
--------------------------------------------------------------------------------

changed to 8.60

order buying 8 CME February 390 Puts @ 7.80

iceman1 · Jan 25, 2006

Quote from iceman1:

now +12 @ 4.45

DNA march85c

pnl +900

at open tried to sell DNA feb 90c @ 1.50 but gap was sold too fast. please- bring back the good olde days!

so I will sit with my DNA order to sell front 90c @ 1.50 (although I think I might raise it now).

IF (when) filled---- will leg into March 95c - then sell more Feb 90c

eventually being long 85/90/mar95

iceman1 · Jan 25, 2006

AAPl

darn

so far missed

buying AAPL feb75c calls @ 2.65
covering AAPL feb80c @ 1.15 (sold @ 3+)
rolling long feb7250p (+170) into march 70p (for -30)

I will get another chance!

I love AAPL (and dutch apple pie).

iceman1 · Jan 25, 2006

Quote from iceman1:

AAPl

darn

so far missed

buying AAPL feb75c calls @ 2.65
covering AAPL feb80c @ 1.15 (sold @ 3+)
rolling long feb7250p (+170) into march 70p (for -30)

I will get another chance!

I love AAPL (and dutch apple pie).

AAPL

will look for 7250 on aapl - then go long ITM calls

CME

on radar screen for short entry. We are going to get a GREAT short on CME. Take it to the bank! Broke a psyche level @ 400 so it might run up more into next week.

iceman1 · Jan 25, 2006

Quote from iceman1:

bought 10 OIH NI (oil 145 puts)
@ 2.75

>>I have zero doubt I will make a profit on this trade.

slippery slope today in OIH - well oiled !

sold 3 OIH NI @ 4.20 (+435)

bought 4 OIN NG @ 1.60

+ 7 oih NI 145p (may re-enter tomorrow/or roll into March)
-10 oih NH@ 1.90
+4 oih NG @ 1.60

still long 7 oih NH in IRA account from earlier

iceman1 · Jan 25, 2006

Quote from iceman1:

slippery slope today in OIH - well oiled !

sold 3 OIH NI @ 4.20 (+435)

bought 4 OIN NG @ 1.60

+ 7 oih NI 145p (may re-enter tomorrow/or roll into March)
-10 oih NH@ 1.90
+4 oih NG @ 1.60

still long 7 oih NH in IRA account from earlier

OIH

oh yeah--- look at that huge black candle ! Must be a buying opp!

got plenty of nice juicy puts sold on individual oil stocks - so take OIH down OR take it up boys - don't matter to me !

thinking about going long OIH March 155c/selling Feb 155c if we get a decent bounce (if not -- exit march -- or neutralize with lower strike march)

iceman1 · Jan 25, 2006

holy grail

there are a lot of threads on ET.com about what is THE answer (other than AI) - what is the holy grail of trading?! Well I think I found it....

have two packages of DOUBLE oreo peanut butter cookies ready on on Monday morning, and eat them all week. But you gotta break them apart in different directions to mirror your inner thoughts on market direction in underlying positions - and put them up to your ear like a seashell and listen for the pulse of the market. You'd be amazed how well it works

..... and how good they taste!

Whooops there it is - the grail of trading !

Ice

p.s. AAPL is going lower!

iceman1 · Jan 25, 2006

QCOM

after the close - earnings time!

hell if I know what to do. So I probably guessed wrong by being long a call vertical - but I did ratio the upper strike.

iceman1 · Jan 25, 2006

Quote from iceman1:

QCOM

after the close - earnings time!

hell if I know what to do. So I probably guessed wrong by being long a call vertical - but I did ratio the upper strike.

ok I did a 45 put calendar