The Piker Trading Journal, Gains-Losses.

SNAP was made off the $35 Calls, PYPL bought at $1.50 and sold at $3.30ish with small cash account.


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Going for more Swing Trades with bigger accounts because I am getting tired of sitting in front of the computer all day. Spent less than three hours day trading today, examples of my holdings are and trying to learn to have "diamond hands" with COST, CCK, MCD, PINS and LOGI which is so dam hard not to sell because of day trading.

LOGI March $80s. CCK Jan $90s, SNAP April $30s, PINS Nov $45s after rolling up the $35-$40s. TGT April $160s, MCD M $220s LOGI $80s, COST March $380s, ACI April $15, DKS March $60s, CMCSA Jan $45s.
 
Keep your eyes on ISIG, its at $1.80 while writing this.. Yesterday I caught WEI at $3, sold at $5 only to see it hit $7.50 after hours. Dangerous stocks to faint of heart.
 
Overnight said:
I keep hearing that buying calls is a losing proposition. I still don't understand why.
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I've heard that too, on Tuesday I bought some SNOW $250s for $3 and they hit $51 today. I got5 x times my money on that trade and its still killing me I did not have diamond hands(all or nothing WSB style) is that stupidity or greed?
 
JesseJamesFinn1 said:
I've heard that too, on Tuesday I bought some SNOW $250s for $3 and they hit $51 today. I got5 x times my money on that trade and its still killing me I did not have diamond hands(all or nothing WSB style) is that stupidity or greed?
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So you bought for $3 and you sold for $51. Is this good or bad? I heard the best money to be made is selling puts, not buying calls.
 
JesseJamesFinn1 said:
Going for more Swing Trades with bigger accounts because I am getting tired of sitting in front of the computer all day. Spent less than three hours day trading today, examples of my holdings are and trying to learn to have "diamond hands" with COST, CCK, MCD, PINS and LOGI which is so dam hard not to sell because of day trading.

LOGI March $80s. CCK Jan $90s, SNAP April $30s, PINS Nov $45s after rolling up the $35-$40s. TGT April $160s, MCD M $220s LOGI $80s, COST March $380s, ACI April $15, DKS March $60s, CMCSA Jan $45s.
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JJ....
I like SNAP, but it'll pull-back. Just hold it through the noise. That or cash out tomorrow and buy back in on a pullback.

Get out out of Logitech though, take the profit and then wait for it to do some ridiculous intraday spike and grab the puts. Rest an order and let it sit there if you don't want to watch it. 40% sales growth in 2021. No friggin way. Not organic. Short this thing, but wait for a spike. You might ride those calls for a bit though. Use $102-$107.
It'll be much lower a year from now.

Thanks for putting it on my radar.
 
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