stocks ran rampant today, especially GS and POT. i sold POT, right at the open today, sensing weakness, but it was a fakeout. it opened near 112 and finished the day near 115. i totally did not see that runup coming. what was even more surprising was the runup on GS. it was up around 146 or +4 from yesterday and i thought beautiful short and bought puts. it then kept on going up, closing over +3 from where i bought for a total move of +7 to 149. monster run. i totally did not see that. all i can say is, if you are a day trader, and you went long GS after a $4 open runup, you have gotta be insane.
price movements make no sense anymore. it's like somebody is manipulating the market ;)
anyway i had coffee at greenberry's. too much coffee actually. had to stand in line for a god awful long time to get my burger. just for that they get no publicity. went back home and closed my YM short for a loss, bringing my total YM profits for the day down to $24 :) hey atleast it wasn't a loss. i was playing safe with only 2 contracts throughout. it was more for fun.
doubled down on GS near the close. after a $7 run, it should give back some tomorrow and that way i can get out for near breakeven. but, it's a risky play and i will definitely be up bright and early.
Underlying Quantity Action Price Description Time Date Exch. Commission POT 10 SLD 13.20 JUN09 100.0 CALL Option PYPFT 09:31:30 20090604 CBOE 7.00 GS 1 BOT 10.70 JUN09 155.0 PUT Option GPYRK 09:42:23 20090604 BOX 0.75 GS 1 BOT 10.70 JUN09 155.0 PUT Option GPYRK 09:42:23 20090604 BOX 0.15 GS 1 BOT 10.70 JUN09 155.0 PUT Option GPYRK 09:42:23 20090604 BOX 0.45 GS 7 BOT 10.70 JUN09 155.0 PUT Option GPYRK 09:42:23 20090604 PHLX 4.90 YM 1 SLD 8685.0 JUN09 Futures YM JUN 09 10:35:50 20090604 ECBOT 2.13 YM 1 SLD 8685.0 JUN09 Futures YM JUN 09 10:35:50 20090604 ECBOT 2.13 YM 2 BOT 8670.0 JUN09 Futures YM JUN 09 10:41:04 20090604 ECBOT 4.26 YM 2 SLD 8705.0 JUN09 Futures YM JUN 09 10:57:04 20090604 ECBOT 4.26 YM 2 BOT 8700.0 JUN09 Futures YM JUN 09 11:25:23 20090604 ECBOT 4.26 YM 2 SLD 8705.0 JUN09 Futures YM JUN 09 13:10:08 20090604 ECBOT 4.26 YM 1 BOT 8720.0 JUN09 Futures YM JUN 09 15:00:15 20090604 ECBOT 2.13 YM 1 BOT 8720.0 JUN09 Futures YM JUN 09 15:00:16 20090604 ECBOT 2.13 GS 1 BOT 8.45 JUN09 155.0 PUT Option GPYRK 15:03:11 20090604 ISE 1.00 GS 1 BOT 8.45 JUN09 155.0 PUT Option GPYRK 15:03:11 20090604 ISE 0.40 GS 8 BOT 8.45 JUN09 155.0 PUT Option GPYRK 15:04:03 20090604 ISE 5.60
