This false jump in the market is too funny. I mean, it was a real jump, but not something that is going to be sustained. Although I really am hurting on my BIDU put, there’s always future hope (for at least a couple weeks). I’m not sure but I might just cover the BIDU put at some point today, but for now it’s GOOG time.

I’ve noticed that I either screw up and hold an option way too long and lose money, or sell early when there’s profits to be taken. This latest GOOG sell is a great example, I gave up over 150% of the possible profit by jumping onto the sell side too early. Maybe I don’t know what I’m doing.

This morning I was pretty short on time and didn’t get a chance to flip a coin or make an edumacated guess as to the direction of the market or any stock. I saw that GOOG was up this morning and wanted to take a shot at it falling though, so I bought a put. Well, two puts. Right now, it’s not looking good.

GOOG was a same day sale. I better be careful with those. RIMM was held for a little while longer with the end result being a sale for profit. Fiaz left a comment hoping I was still holding GOOG, unfortunately I took an early opportunity to sell it.. bummer. At least I’m getting closer to being able to have the one-on-one coin flip competition.

About F’ing time. JCP followed the market in its downward movement today (finally), and I got to sell my JCP shares with a profit. I would have been happy covering for no loss, but I felt that it would be rude not to take a small profit when presented with the opportunity. So opportunity arose, I snatched it, and now I’m able to buy a hooker.

I need to make money because if I don’t, I won’t have any money left and someone will repo my humor. And without humor, I might turn into gay Richard at MoveTheBowels. I chose GOOG as my next target because it looked easy to spell and reminds me of my Vietnam days.

I actually sold an option for a profit. I know, it’s really a momentous occassion on which I’ve decided to celebrate by buying another put in another stock. It’s really something that I’ve been hoping to do for a while.. you know.. making a profit.

I’m doing too much trading. I started on another trader attack and just can’t get back to it because of work obligations and my requirement to spend all of my trading account money. So here goes another trade, which I hope to be less of a failure than last time, which is really not that difficult to attain.

Stupid.. Stupid.. Stupid. I shouldn’t have stuck with my stop limit. I got taken out. What’s with AAPL getting downgraded today, the market being down over 160 points right now, and AAPL is up almost 2% ($1.75)? Taking a loss is like failure to me, and I don’t handle failure well.

I had the urge to eat an apple this morning, so I thought that meant I should look at AAPL and decide what to buy, either a put or a call. Since I had a large quantity of AAPL puts when AAPL was much higher, I did have a bias liking for puts over calls, probably because I made profit on them.