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Wednesday, November 7, 2007

Winning Tuesday!

The night started red yesterday. I closed a position in the red for VRTX. But the market 'greened' up for me after that.

I had my first position in my managed account.

MASTERCARD (MA)
Straight ITM Nov-07 195 Call
Entry 6.30 x 2 & 5.20 x 1 Exit 7.20 x 3 (23% profit)
Day trade

But after that, I can't day trade in my managed account and thus, I traded on my own account as I see many opportunities in the market.

FIRST SOLAR (FSLR)
Straight ITM Nov-07 165 Call
Entry 10.80 Exit 11.80 (9.3% profit)
Day trade

MASTERCARD (MA)
Straight ITM Nov-07 200 Call
Entry 6.00 Exit 7.60 (26.6% profit)
Day trade

VALERO ENERGY (VLO)
Straight OTM Nov-07 72.5 Call
Entry 1.60 Exit 1.80 (12.5% profit)
Day trade

FOREST OIL (FST)
Straight OTM Nov-07 50 Call
Entry 1.50 Exit 1.65 (10% profit)
Day trade
This trade was exited on preset limit price, coz I was too tired to stay the night.



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