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 |