I watched the market a lot today, but did very little.  I think it was because it opened up and I didn’t expect it to go down today.  I was right - it stayed up and Nasdaq closed at 2691.99 + 51.13.  Just two options daytrades for me today.

My loss was totally self inflicted.  I had a winner on it for a day, if that long, than rode the loss to more and more of a beating.  I’m not sure what I was expecting, probably some sort of Russell breakdown.  It didn’t happen, I paid for it.

The Russell 2000 is not going down.  No matter how much I wish it.  IWM is costing me money on the puts side, so I’m changing my direction.  Out with the bad, in with the good.

Ya, RIMM said something about being the best company in the world, announced something huge about sales and profits and revenue.  My reaction, time for going on tilt.

Guess I’ll have to work harder next time, losing $50 while sleeping is not my idea of having a good night’s sleep.

I wound up losing like $20 on my last trade.  Bad trade.  Not good.  This time, I hope to gain that money back.

Just one daytrade for me today.  It was in Celgene CELG.  When I saw it this morning it was at $43 (-$4.32), so when I saw it over $47 later in the day I figured it was time to buy puts- I went for the December puts that expire tomorrow.  Of course it zoomed up to over $48 after I bought them.

Wow, check out AAPL and RIMM on the run up today.  Ridiculous.  Even worse than that.  I’m sort of questioning my put position, but not enough of a question to sell and take the loss.

I have never before heard of this company or thought about the stock symbol RIO.  But that was before and this is now, and now it’s time for me to take a gamble with RIO.

Alright now, JCP just seems to be magic to me.  I can’t thank Lindsey enough for introducing me to this easily predictable and money generating stock.  It actually worries me how easy the JCP options are to make money upon.