NLV: $14,542
Open position: 100 S @6.06 and 100 KRY @4.02
Two light penny stocks and rest is all cash. Wrote 20 VIX Apr 08 30 calls @2.07 avg price and bot back @ 1.30 this morning. The trade netted me a nice $1400 or so. A nice profit for short period. As Borat would have said it, "I likeeeeeee!"
The pre-clearance process at my company hampered my ability to trade. I would put in a request for approval at 8:30-8:50 A.M. The approval wouldn't get to me until 10:00 A.M. - which is really retarded because I would miss out on some good trading opportunities - such as closing gap trades, those usually disappear in the first half hour of trading.
I see that tjy is taking quite a beating on those short ES minis. I would probably go nut if I ever risk 20% of my account overnight. The market is in the midst of a furious battles b/w the bulls and the bears. The bears could not force the market to close below 1260-1270's area. Breaking those levels are critical for the bears. Either way, this volatile market has provided some excellent trading opportunities. I haven't seen stocks swing more than 3% since the tech bubble hay days. Volatility is back and its the new game in town- I love it.
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