Bought 330 shs of Citigroup at 3.16 (delta 33)
Bought 330 shs of Citigroup and play around with the delta on the MAR10 $3 Put that I am holding.
Citigroup is one of the best liquid and volatile stock to play around with the delta !
Covered 200 shs of AMD at 7.32
tried to break below $7 but failed dramatically and it is being squeezed all the way to $7.30 in 10 minutes (from 11:20 am EST – 11:30 am EST).
decided to covered my short at 7.32 ..
might short again if it breaks below 7
P&L + $110
Shorted 200 shs of AMD at 7.87
bearish chart… 20 DMA crosses below 50 DMA, OBV dropping, plus GS just put it on Conviction Sell List
riding on the bearish momentum
aim to cover at 5.55 which is the 200 DMA support (while GS's target is $5.50)
Bought 10 Philip Morris (NYSE: PM) $46/$50 JUN10 Call Spread at $1.53
Betting on a potential technical bounce with a limited upside.
We are lowing the cost by selling the $50 call
Sold 350 shs of Citigroup @ 3.34. Still holding 10 MAR10 3 PUT with 23 Delta
C is showing sign of weaknesses despite the overal market rally.
Sold all 350 shares a $3.34 while still hodling the March10 $3.00 PUT.
Can play around with the delta when it comes back down again
P&L + $59.50
The buy order for Citigroup last night was filled at $3.17
I left my buy order for Citigroup at 3.17 open before i went to bed here in the Asian Time Zone.
it was filled at around 2 am Hong Kong time last night
as per of the delta hedge for MAR10 Put, I bought 350 shs of C at $3.17 on Jan 27, 2010
Bought 10 Citigroup MAR10 $3 Put @ 14 cents
35 delta, legging to buy 350 shs of C at 3.17.. leaving order open for tonight and going to bed now…. it is apparently being lifted to 3.21 as I am typing !
Covered 10000 EUR/USD @ 1.4283
EUR drops 100 pips / 0.7% on weak German sentiment survey and the same old Greece story …
just touched the 200 DMA so I better lock in my profit as I already missed my chance last time as I was being too confident
P&L + 43.56 after subtracting the daily roll cost
Sold 400 shs D.R Horton NYSE:DHI at 12.42
it's consolidating after breaking out and it is weakening … volume's dropping, OBV droping, and it looks really volatile intraday.
in fact it is showing a DOJI daily candle as I am typing…
better to lock some profile before the market is heading for a correction
P&L + 416
Bought 400 shs of D.R Horton NYSE:DHI at 11.38
To make the story short.
I was looking at it since the day began, it traded down to the 200 days SMA at around 11.04 …
i was being too cheap and set my buy level too low at 10.89 as it was the daily pivot S2 if i remmeber correctly
never got there, and i saw it running away and breaking out.
so i set a buy level at 11.38 if it breaks above 11.38 as the breakout level was around 11.33..
I then went to bed and found out that my order was filled at 11.38 as it closed at 11.56.
