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.

The market has been down a lot.  Is this a trend?  I don’t want to fight any trend, so I’m not ready to pick up calls yet, but I’m really prepared for it.  I’ve been waiting to buy calls in a few high dollar stocks, just looking to make a scalping-type profit.

Sometimes the options are interesting, sometimes just ridiculous to watch, and other times really make me want to be a sheep and follow someone else’s lead.

Three round trips today.  It’s nice to be able to do what I want- I’ll be able to do multiple round trips until my brokerage labels my account a pattern daytrader account, which should be any day now…

It’s looking like a good put (or shorting) opportunity today.  I’m watching some of my favorites and like where I might get a chance to enter.

FSLR is up pre-hours.  This will be a great short or put buying chance.  I’ll probably look at buying a ITM (in the money) put on FSLR if it’s up when the market starts.

End of Day $0 of realized profit/losses but I am sitting on a lot of paper losses and my account value is down big for the day.  But like I said when I entered these VMW, MA, and TASR calls, they weren’t entered for a daytrade.  They are January call options. 

The market dropped yesterday.  Fed cut 25 points, apparently the traders thought that it wasn’t enough.  Traders are a wild bunch, so watching the action was almost as much fun as watching my AAPL position gain $625 profit.  I didn’t close my position, yet, though.

I didn’t make any trades today.  I wanted to trade, the working world just found a way to interrupt with that.  I actually didn’t have my usual stock screening today either, it’s a shame.  My “work” computer was used for work today, instead of my personal stock tracking.  Shame.

I exited my JCP calls today.  There’s a good chance there’s more upside but I wanted to lock in the profit.