I’m making account changes
I’ve decided that there isn’t enough risk with just options, so I’m going to be adding functionality to trade things like futures (DJI, grains, etc…). This should add some more fun and increase the likelihood that I’ll lose money.
Since I need to wait for the account to transfer (MBTrading needed to open a new account for me), I’m not going to trade today, I know that you are all so disappointed, so if you want to know what I recommend for a trade, just ask.
Alright, so don’t ask and I’ll just tell you.
CADX looks good for a bounce, I’d probably look to get a little up move possible, but since there are no options I wouldn’t play it with my competition account.
MER might be up because of the “good” news that they lost like $15 billion. 15,000,000,000. Wow, that looks like a lot of zeros.
AAPL and RIMM are taking a beating. Same with BIDU. I might be looking for calls here, something that is in the money that would have a good chance of increasing.
SHLD and JCP and TGT are all beaten too far down, up chances here next week are very possible.
So take that. I’m not holding any positions and hope that soon I’ll be doing an all-in against the YM.
Oh ya, and check out the options on CFC, looks like there’s more downward room.




