iceman's options trading journal

INTC

going long itm INTC calls at open Tuesday. Hoping it opens flat, or lower.
I can not imagine a trade better than that. I am going to do the same. I will either go long on the stock or buy Call 20 and sell Call 22.5 to reduce the cost. What is your plan. I already have sold 9 PUT 22.5 for March and sold 25 Call for March. RBC's downgrade on Friday has made an awesome opportunity to go long.
 
Quote from hajimow:

INTC

going long itm INTC calls at open Tuesday. Hoping it opens flat, or lower.
I can not imagine a trade better than that. I am going to do the same. I will either go long on the stock or buy Call 20 and sell Call 22.5 to reduce the cost. What is your plan. I already have sold 9 PUT 22.5 for March and sold 25 Call for March. RBC's downgrade on Friday has made an awesome opportunity to go long.
More...


H

I am hoping it goes to <20 and then buy 1750c or maybe buy a large size of 2250c in a back month
 
Quote from iceman1:

2-15-06

OIL/OIH

Not a BAD call--- EH!!!!??? But no kudos here on ET. Too many egos abound. Sh-t if I was running a hedge fund we'd be at the top this Q !

Also said GOOG would go to 350, and then that 340 was doable because of the open gap. But I said this when GOOG was 400+ Then I said privately and on ET that AAPL would get hammered and likely see 65 post-earnings!

But do you think ONE of those traders I told this to--- wrote or called me to say "bravo- good job bro"! Nawww-- of course not! :D :D :D

In fact one trader said that AAPL was going to have a BIG product "roll out" in January and that AAPl would make new highs! Said it right here on this Journal. Another trader told me in private many times not just once, that AAPl was NOT a short and would see 100.

Did I hear from him since AAPL hit 63? Nope! :D :D

well -- I will keep making great calls all year and as soon as I pass the series 7 (since current b.s. red tape requires this to trade certain pro money)

... we will begin to make some real dough! :eek:

But meanwhile I am still waiting for CNBC and Jim Cramer to invite me on their show for the above calls!

Iceman1
More...

James_Cramer-2002.jpg

:D
 
Quote from iceman1:

H

I am hoping it goes to <20 and then buy 1750c or maybe buy a large size of 2250c in a back month
More...

order buying 25 INTC July 2250C @ .55-65
 
Quote from iceman1:

well that's what we get for changing our mind too quickly overnight and getting psyched out by expiry pressures. I should know better than to get shaken out on expiry Thursday/Friday!

The long OIH 130 calls (march) went up $3+ overnight. First thing I did was scratch them at b/e but then never got my price for re-entry

of course I am short OIH 150 puts @15.30 after being long March 145/140 from OIH 156 --- and now long 130/short 135 puts. So I am locked for ++$ with the intent to trade in and out of 150 puts as many times as the market will allow between now -- and March 16th. Almost got 250 per contract on Friday but OIH sold off near afternoon close. OIH is a great trading vehicle.

Gonna sit back and await another good entry for a st long.
More...

unfckingreal

I get out of my OIH 130 calls - and kept APOL calls. Brilliant!!

I entered the g-damn OIH March 130 calls ONE fking day too soon, and even said it was manipulation (i.e. expiry pressures) when I got in. The calls entered at 9.40 are now up 60%! Yet I allowed myself to get "persuaded" to scratch the trade all influenced by the strong selling in OIH and oil stocks last week. Go figure. This market is fking nuts.

Yep--- it is definitely time for a break when you mess up a wet dream like the OIH trade! I buy the correct strike @ the correct time --- and reap ZERO.

Of course I did hold my short 150 Puts (sold @ 1530) and short 135 puts (sold @ 5.30) --- and exited them today near LOD -- so I can re-enter or roll into the 140 strike -- so that is some consolation prize.

Frankly I am now looking to buy puts on OIH- but not quite yet!
 
APOL

Feb 10 2006

Citigroup Initiates Apollo Group APOL

Buy $77



well-- guess I'm not the only one who is crazy..... got some company in the nuthouse, and it ain't sling blade! :eek:

Misery loves company! :p
 
I believe buy signal for INTC was confirmed today by ThinkEquity's downgrade. That was the last whip to Intc. I see a great opportunity today to buy Calls or sell PUTs (preferrably buying Calls). I will punish myself if I see I am wrong on this Call:eek:
Punishment : Inviting all my co-workers to lunch . There are 35 of them. !!
 
You must log in or register to reply here.
Back
Top