YC: $19136

The SPY calls are killing me. It is the worst trade of the year. Not because of the big drawdown it creates in my account. It is because I average down when all I wanted 10 contracts. I martingaled it.

NET LIQ VALUE: $30,272.94

big draw downs.

i'm thinking of adding to my losing position. keep in mind, this is a long term trade.

NET LIQ VALUE: $30,660.44

TIME PLACED	SPREAD	SIDE	QTY	SYMBOL	SPC	EXP	STRIKE	TYPE	PRICE	RULES	STATUS
6/26/2008 8:32:22 AM	FUTURE	SELL	-1	/GEU8	1			FUTURE	$97.02 LIMIT	DAY	FILLED

YC: +40 SPY 129 Calls

I started with 10 calls, then I just kept adding....crap. Didn't know the position is getting that big.

NLV $20893

NET LIQ VALUE: $30,725.94

YC : -20 USO put

Sold my put for good profit. Lucky the oil inventory come in above expectation.

NLV $21565

YC: +15 USO Puts

+15 more contracts.

Total +20 USO 110 Strike July 08 Put.

NET LIQ VALUE: $30,994.69

IME PLACED	SPREAD	SIDE	QTY	SYMBOL	SPC	EXP	STRIKE	TYPE	PRICE	RULES	STATUS
6/23/2008 12:40:54 PM	FUTURE	SELL	-1	/GEN8	1			FUTURE	$97.08 LIMIT	DAY	FILLED

shorted 1 eurodollar. US must raise interest rates to fight inflation. want to short dollar against the JPY and AUD too.

Oil again

+ 5 USO Put 110 strike July

NLV $19130

Bought 20 July Puts 50 Strike QQQQ yesterday at the close and quickly sold them today. Not bad not bad...

NET LIQ VALUE: $30,916.45

EXEC TIME	SPREAD	SIDE	QTY	SYMBOL	SPC	EXP	STRIKE	TYPE	PRICE	NET PRICE
6/20/2008 9:47:47 AM	VERTICAL	SELL	-5	SHLD	100	Sep 08	100	CALL	$0.88	$0.50
		BUY	+5	SHLD	100	Sep 08	110	CALL	$0.38

sold a vertical call spread on SHLD.

summer is getting to me. so lazy and i can't generate any trade ideas!!!

NLV $17989

- 5 puts USO 112 Strike July 08

was looking for more downside, didn't get them today. Sold out for a profit.

2/1/2007	($5,000.00)
11/1/2007	($5,000.00)
6/17/2008	$17,989.00
annualized irr	75.82%
return	79.89%
net	$7,989.00

Celtics in 6. I don't lie.

http://tradingtyyc.blogspot.com/2008/06/y-index-16400.html

NLV $17860

Here I go again:

+5 puts USO 112 strike July 08

NET LIQ VALUE: $30,906.46

EXEC TIME	SPREAD	SIDE	QTY	SYMBOL	SPC	EXP	STRIKE	TYPE	PRICE	NET PRICE
6/12/2008 10:20:12 AM	VERTICAL	BUY	+2	LEH	100	Jun 08	38	CALL	$0.03	$0.01
		SELL	-2	LEH	100	Jun 08	40	CALL	$0.02
6/12/2008 10:20:10 AM	VERTICAL	BUY	+4	LEH	100	Jun 08	38	CALL	$0.03	$0.01
		SELL	-4	LEH	100	Jun 08	40	CALL	$0.02
6/12/2008 9:14:35 AM	VERTICAL	BUY	+1	LEH	100	Jun 08	38	CALL	$0.03	$0.01
		SELL	-1	LEH	100	Jun 08	40	CALL	$0.02

covered my LEH spread.

NET LIQ VALUE: $30,909.46

no trades.

NET LIQ VALUE: $30,897.46

no trades.

NET LIQ VALUE: $30,877.97

TIME PLACED	SPREAD	SIDE	QTY	SYMBOL	SPC	EXP	STRIKE	TYPE	PRICE	RULES	STATUS
6/9/2008 1:38:37 PM	SINGLE	SELL	-7	GPS	100	Sep 08	15	PUT	$0.60 LIMIT	DAY	FILLED

Covered my Gap (GPS) put.

LEH is in trouble.

Gee....$17440

Closed out both LEH and AIG. Nothing major left on my book.

I think it's time for me to move my risk level up so I can bank more. This is getting slow.

Strategy run through

Strategy: Timing the market. Price is everything. Technical and Fundamental. Trade size varies with the level of conviction.

Instrument: Options, ETFs, stocks

Risk tolerance: 20-25% values of portfolio per day.

Average return per trade: 10-20%

Profitable trades:
GS 2000 +
USO 2000+
SPY 800+
VIX 1000+

Losers:
ES mini -1000
VLO -600
AAPL -200
C -150

NLV $16700

playing catch up?

NET LIQ VALUE: $30,611.97

NET LIQ VALUE: $30,431.47

no trades

NET LIQ VALUE: $30,552.47

no trades

edit: we all know the Lakers are taking it. this shit is rigged!

Y Index 16400

- 4 AIG July 40 Puts @ 4.80

Don't like the price action on AIG. Got out half of the position.

Lemon Brothers is turning sour. Thinking of covering. Thanks to my company personal trading policy. I did not have the exposure I wanted.

On a side note: Celtics in 6!

NET LIQ VALUE: $30,490.52

EXEC TIME	SPREAD	SIDE	QTY	SYMBOL	SPC	EXP	STRIKE	TYPE	PRICE	NET PRICE
6/3/2008 10:54:55 AM	VERTICAL	SELL	-7	LEH	100	Jun 08	38	CALL	$1.04	$0.45
		BUY	+7	LEH	100	Jun 08	40	CALL	$0.59

first spread trade!

this is net bearish on LEH. basically my net break even price will be @ ~$37.20. anything less and I will profit with $315 at expiration.

NET LIQ VALUE: $30,523.52

EXEC TIME	SPREAD	SIDE	QTY	SYMBOL	SPC	EXP	STRIKE	TYPE	PRICE	NET PRICE
6/2/2008 11:00:05 AM	SINGLE	SELL	-5	HD	100	Aug 08	40	PUT	$13.20	$13.20
6/2/2008 9:37:29 AM	STOCK	BUY	+100	LEH				STOCK	$35.60	$35.60

New all time high baby!