How to trade stock options, trading put and calls, young investment strategist

my commentary so far….

Posted on November 19, 2008 by //\\//\\ e [+_+]

the market is acting wack and out of control. that’s my statement currently.

Filed under: trading stock options | Tagged: confusing markets, november 2008 stock market crash, up and down big swings continue | No Comments »

Thursday’s practice trades - entry points were too early - how to deal with friends with job security problems, dump’em.

Posted on November 15, 2008 by //\\//\\ e [+_+]

On Friday the market swinged both ways but ended down instead of a second day up. I’m not surprised the market didn’t do what it might have done normally in a typical November month, but at the same time it shows still how emotionally unstable wall street is. I looked at my charts and after todays losses my same call picks are down, but still did not close even close to the open of the big white candle on wednesday. This brings me to the conclusion that stocks are still likely going to continue up after that strong day. Also on almost every chart I look at I see reversal hammers which supposedly mean they will hammer stocks up higher/lower depending on if its right-side up or showing to hammer up/down. Right now its showing hammering up with also a cloud of long wicks under showing stocks are finding their lows and aren’t falling much more.

I added RIMM to my calls for JAN 36.63 CALL @ $8.53. It’s a weird call. Check out RIMM’s options they are strangely numbered. I suppose that is how they were setup.

As for my personal life and friends heres a note - My friend who works for a prestigious internet conceirge travelers company constantly complains about how he will be laid off soon, how he has been submitting resumes for 1 year now got a big interview and wasn’t hired, and blah blah blah. He tells me since I’m in the military I can’t feel the pain. It is really getting on my nerves. This guy has a good job right now. His company has let others go but has kept him and he doesn’t man up and just relax. At least wait until it happens, collect unemployment, and then do something you’ve always wanted to do. He has no bills. He has a home but its fully rented. I’m considering not even hanging out with him anymore because his constant negativity about work, life, ex. He currently feels like a leech sucking off my energy and care. I ask him if he has read books that will at least open his mind to not just “job security” and he just jokes back and tells me they can’t help him. Well apparently they can not with his current attitude on life and money. It’s really sad. I’ll likely have to tell him soon that until he makes a mental shift we can’t hang out anymore because I don’t want any of his bullshit to rub off on me.

Filed under: trading stock options | Tagged: bought rimm 36 call options for practice trading, forget job security and work on yourself, friends that feel like negative sucking leeches, getting laid off, how to deal with friends personal problems, how to practice trade options, too early entry points on stocks after big day | No Comments »

stocks jump off bollinger bands - FSLR expected too

Posted on November 14, 2008 by //\\//\\ e [+_+]

I had a hunch today might jump up some after around 2 days of losses, but on the charts everything was still moving down. The only precise clear signal I saw for a real call option trade was on FSLR with it’s big red candle dipping below the BB’s and on smaller charts showing technicals moving up in the morning.

Today stocks really moved with force. I noticed on the charts and highs/lows how much of a swing there was showing major candle wick buying support/confidence. I have to admit the good thing about practice trading and figuring out which side of the trade you should be on is that you can be wrong and not lose money! Currently looking at AAPL charts on the 233 min. there is a clear picture of what happened today and likely on every chart I look at too. For the past week and half stocks have been falling and today from what I see will create a few up days or call option practice trades. Currently many of PUT trades were profitable even though they closed higher because they fell lower.

For a moment I considered staying in the Puts for tomorrow, but the right thing would be do to close them since I know stocks are about to move higher and change sides. The only ones within yesterdays practice trades that would have worked would have been ones hitting low low’s. (or +$1-2 on option)

Now, I still have my “ifs” because also on all the 55 min charts it shows each white candle getting smaller and smaller not hitting top BB’s (except AAPL). So this could also bring me to the conclusion that todays boost could be short-lived and fall again hard tomorrow. I’m going to play dcalls because the charts say a second day of upward movement, but we are still in all downtrends currently. So since I’m not playing long-term Puts I will trade what I see on a weekly basis.

See below with completed practice trades 11/12/08 and new 11/13/08 following:
SOLD

BOUGHT

Filed under: trading stock options | Tagged: aapl, AKS, call and put option practice trade picks, First Solar, fslr, goog, new rally 08', november stock move, rimm, stocks jumping off bollinger bands, support with candle wicks, swing day, swn, x | No Comments »

new option call and put practice trade picks november 2008

Posted on November 13, 2008 by //\\//\\ e [+_+]

Looking at my charts and current economic market conditions I came to two conclusions.

#1 The market just had a mini-rally, lost the rally, and is continuing in the major downtrend

#2 Many stocks charts show a possible “V” hitting the bottom, hitting bollinger bands on weekly big charts, which MIGHT mean a possible “W” major trend reversal may happen in the next few weeks we’ll see if that last down run will be the last at least for a while.

We’ve been in a full down down down for a full year. It’s likely possible to continue it, but stocks are at real discount prices looks at X and AKS and AAPL which its retail stores are constantly SO BUSY you’d think we were in a real bull buying consumer spending crazy type market. I also like SWN, FSLR, and QQQQ but since everything says “down more” currently I’m playing PUTS except for FSLR which is being pushed down so hard and on shorter charts shows tomorrow it will likely spike some up before moving down more. All my plays are short term likely to be out tomorrow or the following day. I find being in for just one market day increases my profit/time in play for trading options.

see trades below (currently up +700% since august on trades):

Filed under: trading stock options | Tagged: aapl, AKS, call and put option practice trades, downtrend continues, fslr, november 2008 stock options picks, QQQQ, stocks at a deep discount X, swn | No Comments »

Sold call/put option practice plays - +130%

Posted on November 7, 2008 by //\\//\\ e [+_+]

I was wrong about SWN trying to trade it against the general market while I saw everything else going down. This just shows “the trend is your friend” is the real deal. Below are my practice option trades on FSLR, GOOG, AAPL, RIMM, QQQQ, SWN, ATS.

Filed under: trading stock options | Tagged: -500pts DJIA, aapl, ATS, goog, market moving, november crash 2008, practice option trades on FSLR, QQQQ, rimm, second day fall, stocks falling after election day, swn, the trend is your friend | 1 Comment »

Although on big charts shows uptrend, short-term stocks will continue to fall again

Posted on November 6, 2008 by //\\//\\ e [+_+]

The day after the election said a lot. Basically in my opinion the markets gained so much in the past week that after election day they puked. At least in the short term on charts it looks like stocks will continue to fall some more especially RIMM, AAPL, QQQQ, FSLR, AKS, and GOOG on daily and 233 charts. The only stock I would bet against the market flow at the money is Southwestern Energy Company (SWN) with its strong momentum breaking through all major down trends currently at $37 which keeps hitting lows of $26 then popping back up to $28-31. I can see it surpassing $45 by end of November 08′ if it keeps up. Magic is happening on weekly charts right now. Real strong support hitting real lows on bottoms slowly curving up creating big U’s showing a real change in direction, but how much change and how soon?

My put option practice plays:
RIMM, AAPL, QQQQ’s, FSLR, AKS, GOOG
My call option practice play:
SWN

Filed under: trading stock options | Tagged: aapl, AKS, call and put option practice play picks, continued downtrending charts, continued october crash 08, fslr, goog, market moving events that move stocks, QQQQ, rimm, southwestern energy company review, stocks falling in november 2008, swn, the day after election | No Comments »

History is made first Black President AND stock market in full upswing gear!

Posted on November 5, 2008 by //\\//\\ e [+_+]

Yes, you heard me right. I’m watching my stocks on charts and their is REAL movement change moving up breaking major down trends especially in Southwestern Energy (SWN) and First Solar (FSLR). It is sooooo hard to not trade this excellent call option opportunities showing upside on all charts. I have to hold back if I want to practice real discipline and wait my full year and commit this to myself. I have to tell myself there will ALWAYS be more trades I can do in the future. If I want to be very wealthy then I need to hold back for one years EVEN if there are excellent trades to be completed. I haven’t been on my practice plays and if there was a time now is very important to be completing them with these big trend reversals in this historical election to see where the stock market goes.

Since the decision has been made and President Obama will be “the man” the stock market should perform better and be a bit ready to propel forwards since there is no “indecision” left. I would be surprised to start hearing some more “hopeful” and “positive” words now that Americans have faith as well as other countries that America can create history again.

I also hope Hawaii voted yes for a majority for its light rail system in the city. I’d like to see better transportation put in if I choose to live here permanently down the road.

Congrats Obama! I think you’ll do okay, but President Clinton in my opinion is still kickass.

Filed under: november 2008 stock picks, stocks, trading stock options | Tagged: First Solar, fslr, hawaii light rail system, market moving events, not being able to trade stocks, november 08, president obama, presidential election 2008, southwestern energy, stock charts show major upswing in markets, swn, vote yes | No Comments »

Bought Microsoft Office 2007 program - big change

Posted on October 27, 2008 by //\\//\\ e [+_+]

Microsoft Office 2007 is a big change from the existing series. I like it, but at the same time I feel I have to learn the entire program all over again. Now that I have Excel at home I have NO EXCUSE not to keep up with my excel practicing stock option put and calls. I’m actually in a computer science class that is on advanced excel and access 2007. I hope I learn a lot and I’m working on getting an A. Going into my masters program in management I want to make sure my GPA this time around is plenty high enough to get in. I could definitely see Microsoft Office 2007 boosting in new revenue for Microsoft’s stock (MSFT). Funny I say this because I actually bought the entire Microsoft Office 2007 advanced applications off a download site where you just purchase the program. I only paid $250. The actual cost such at Best Buy would be around $600-800. One of my computer programmer friends these download sites are out of China basically bootwaring the program with illegal data and actually use my data to spy? I’ve used these straight download sites before and the programs have had no errors or problems. So is it a replicate illegal China download site or a real company that does pay off Microsoft some type of royalty? Good question. For now I have my receipt showng I paid for the full program as a downloadable file.

Filed under: microsoft stock blog, msft, msft analyst, msft calls, stocks | Tagged: big change, boosting revenue for the company, msft, new microsoft office 2007, new visual button look | 1 Comment »

market continues to fall - I need to be practicing my put options

Posted on October 23, 2008 by //\\//\\ e [+_+]

Another -500pt drop today for the DJIA. A -15% drop for SWN down to $26 again! These market swings are ridiculous. I’d hate to own stock right now OR trade options. It has been very unpredictable so the phrase “missed money is better then lossed money” is sounding better and better right now while staying out of the market, watching, studying, and practicing my techniques.

Put options are the definite play here still. October 2008 is still crashing. RIMM even at $48. One stock I did read about that really struck me as a great turnaround stock once the market changes its mood is AKS - AK Steel Q3 earnings call. Low profits, but still “solid balance sheets” with a PEG of .16!!!! And still very profitable with new material price increases even with steel prices coming down at the minute. It lowered its forecasts, BUT forecasts for the stock and cashflow are still “solid” and bringing in real cash (hundreds of millions). The stock ended today at only $12 with a high this year of $90. I will be watching in closely with QQQQ’s for likely long long term call option positions after the President is elected.

Filed under: trading stock options | Tagged: 2008 call picks, AKS, big DJIA drop, companies with solid balance sheets and cashflow, low peg stocks, october 08 market crash, put and call option practice trade picks, QQQQ, swn, trading for a living | No Comments »

wild stock market swings continue

Posted on October 20, 2008 by //\\//\\ e [+_+]

these wild stock market swings continuing now are becoming more and more normal. last week was amazing. talk about huge losses and gains. i could only imagine how happy options traders were to get to trade those day trade swings. i’ve been having a hard time predicting exactly what the market will do next. i will keep practicing my option trades. if i can make it through a year i’m pretty confident i can trade full-time on my own. with the current DJIA below 9,000 i think it will likely fall again on monday. i’m likely going to do some call option practice trades going into the Presidential election.

Filed under: trading stock options | Tagged: going into presidential elections, large wild stock market swings, practicing options, Puts, stock market crash of october 2008, what stocks to trade | No Comments »

How to deal with your stock portfolio losing value

Posted on October 17, 2008 by //\\//\\ e [+_+]

Interesting subject because learning how to deal with your stock portfolio losing value can be a very important experience and tool for success. I’ve read plenty of money management books, but when it comes to losses it seems the only thing you can do is take a step back, observe, and react to the current situation. What stocks do you own? Are they in industries that are losing gobbs of money and going bankrupt (currently financials and auto). Consider using the warren buffett method or buy staple stocks such as an industry like utilities such as General Electric (GE). At least until we get better energy we will always need electric companies, gas companies, oil, natural gas, and soon hydrogen power such as Ballard Power (BLDP) or HOKU solar (HOKU).

As for emotional pain I say buy a big delicious pizza and treat yourself just because you are investing. Now don’t get fat and eat notoriously with the more negative gains you receive, but know just like a good treat bad things do finally come to an end and you will reap rewards by being patient. I suggest even punching a boxing bag because #1 all the energy you’ll be letting out will make you dizzy and forget about your financial problems #2 it helps you feel better and stay in fit and #3 it will make the meal you can still afford more delicious.

Financial strategies you can think of if you want to switch some of your money during a down market at least I would do woudl be tax liens, buying a rental properties, and shorting stocks or buying up put options on your stocks that are falling then sell off the options once the market changes its mood.

Learning how to deal with your emotions, appetite, and financial strategies should make you feel all around more confident about yourself and your future. Positive thoughts. Yeah…! At least it does for me losing tons of money on a portfolio or option position I need to immediately rethink my strategy. I’ve had to do this numerous times on business ventures I got into and even relationships.

Filed under: trading stock options | Tagged: Hoku Scientific, HOKU, stocks, october 2008 crash, how to deal with your stock portfolio losing value, emotional losses, relationships, financial strategies when losing money in a bad economy, what to do when the market crashes, transferring your money into tax liens, buying rental properties, eat pizza when you feel down, staple companies, general electric, ballard power, GE, BDLP, suggestions, emotional pain, hardship, put options, shorting the markets | No Comments »

+150% gains on call and put option practice plays in past 9 days

Posted on October 17, 2008 by //\\//\\ e [+_+]

These practice trades stayed in the market longer then I wanted and they actually came out more positive then I imagined with this volatile up down down down market. The best performing in my opinion was my put option practice play on Sears Holding Company (SHLD). Historically the market does start coming up into November so in a way I wasn’t surprised at all to see plays start gaining support and basically up a few points of where I bought them at even with the market continuing going down. I definitely think our market is going down more for some stocks, but for others and the majority we are hitting major support bollinger band points. Usually this means the market is about to fall another big dump or retract and start moving up as I see on some charts like MVL.
I noticed SWN has 3 peaks in it’s downtrend and a big white support candle next to the last fallen peak. At $26 SWN seems like a steal, but sometimes bargain stocks are actually stocks still falling, but I think I will see SWN move back up to $30 again soon.

my practice trades in the market for the last 9 trading days:

Filed under: trading stock options | Tagged: big profit, call and put option practice trades getting positive ga, economy blogger, good stock picks in bad markets, market blogger, MVL analyst, oct 08 crash, option trader, swn, what stocks to trade | 2 Comments »

interesting times and paranoid economicist! - google earnings

Posted on October 16, 2008 by //\\//\\ e [+_+]

I think Google (GOOG) earnings say a lot about our current economic “crisis” which isn’t much a crisis at all but politicians trying to force Americans into thinking paranoid about their well being to get more control behind the government. That stated Google did fine this quarter. It is up +10% after earning of a profitable quarter. The CEO is smart. They are going to conserve more and take away a lot of the goodies the dish out to employees to save money during the slow cycle we are currently in. America goes through up’s and down’s. Some longer then others. I’m clearly not worried. I’m sure our government will print more money lower interest rates and slowly the cycle will get better and Americans will “regain the confidence level in buying” and maybe just maybe (and when) Obama becomes President if his goal is #1 energy he will spend spend spend on light rail systems, creating denser more populated cities, and have more energy efficent cars like hydrogren and bring back nuclear power plants to power America more efficiently. GOOG has proved internet stocks (tech in general) is still alive and kicking. America is still alive. Yes, home prices are down inflation WILL keep creeping up but you might as well get use to it, I have. Paranoia creates paranoia and negativity IS addicting. So although no one is optimistic I will keep my stance on being very optimistic.

Now I do admit the DJIA and NAS are in downtrend cycles and even with a big +976pt day (supposedly the best day every for wall street) the market will continue to fall after the short brief bump up. It’s okay. Our markets have gained a lot so we have a lot of room to lose then make back up. People keep asking me with a downtrending market what should I buy? I say nothing. I say wait until the President is elected. Then consider buying energy if Obama wins and technology if McCain wins. I actually tell everyone EVERYONE to buy real estate right now instead of stocks.

Filed under: trading stock options | Tagged: buy real estate now in dead market, DJIA falling and in a downtrend, economic cycles, economic mood poll, goog, google earnings, mccain, negativity, obama for president, smart ceo's, staying optimistic about America in hard times, tech is still alive, what do you think of our current economic cycle? | No Comments »

will big drops in the DJIA become normal? below 9,000 markets continue to fall - call and put options

Posted on October 9, 2008 by //\\//\\ e [+_+]

I noticed yesterday that during the high of the day the majority of my practice trade call options were doing okay but ended up down by the end of the day. For my put options everything is correct which shows stocks will continual to sell off even when they are way out side the bollinger bands or even creating bullishing engulfing candles the next day red/white. Now with the DJIA below 9,000 i think the REAL selling is going to begin. Again, am I going to start buying put options? if I do I break my discipline trying not to do any real trades for one year. i mean, i’m not losing anything NOT trading, right? sure, my friend has made a good chunk and am I feeling impatient, greedy, and trade happy yes, this is the reason why i must not trade until i’m disciplined enough to know a good or bad trade and be smart enough to get out when i’m wrong, which I’m still not. is this saying I won’t do a few real trade put options before the year is over? hmmmm.

i will be posting my put and call practice plays. you can definitely see the puts are in green and calls are in red. tomorrow should be an up day after down 3 days stocks “should” bounce up, but from my experience usually stocks selloff more on a friday expecially near expiration on options.

Filed under: trading stock options | Tagged: 000pts, DJIA falling below 9, how to, october 2008 crash, practice trading help, pushing through bollinger bands and keep falling, put and call option trade picks, real selling | No Comments »

my practice trades for the rest of the week put and call options - ICE has a real unique chart currently showing “W” reversal.

Posted on October 8, 2008 by //\\//\\ e [+_+]

currently the only chart that stands out from many perfectly downtrends technical charts is ICE with a plain view “W” support bullish reversal on dailly and 233 minute charts. check it out for yourself. since it’s by itself I don’t think i would trade it as a real trade just because everything is moving down so if the market keeps moving down by force it will too.

put and call option practice trades on V,AAPL,ATVI,FSLR,GOOG,HANS,RIMM,SBUX,EOG,SWN,RIG,NYX,MA,DKS,SHLD,ICE

Filed under: trading stock options | Tagged: aapl, atvi, bullish october 2008 stocks, DKS, downtrending, EOG, fslr, goog, hans, ICE, ma, market crash 08, NYX, put and call option practice trades on V, rig, rimm, SBUX, shld, stock technical chart trading, swn | No Comments »

wowzer’s -800pts drop then 500pts drop. what a perfect time if I had the money to be playing put options…

Posted on October 8, 2008 by //\\//\\ e [+_+]

so yes…I see the market continually dropping to new lows and I’m overly anxious to jump in and play put options. the bailout plan passed through, the markets continued to fall, and now yes Fed. bernanke says the economy is just going to get weaker!!! why the heck did we just put $900 billion paid for by tax payers again?? i liked barack obama’s note on firing all the AIG executives and giving the money they got from the Fed back after going on a $400k retreat in california. this of course is while they are going bankrupt and shareholders losing lots of money. yikes.

i would play short term calls into tomorrow morning. i will post this later tonight once i check out the charts if it brings me to this decision even though overall i’d play long-term put options on just about everything. it seems to be a big see-saw downwards into a spiraling of death. kind of reminds me of 2000-2001 drop. it should drop even more. hundred dollar stocks went to 30-50’s so apple could easily come down and get beaten with google and rimm. just look at FXI and many big bank stocks.

Filed under: trading stock options | Tagged: 2001 markets, aapl, aig, bailout passed, barack obama firing executives, billions, october 2008 crash, political debata, put option trades, rimm, tax payers, weak economy | 1 Comment »

market still confused what to do…this week call practice plays only -20%. bailout plan a success? wall st. doesn’t think so.

Posted on October 4, 2008 by //\\//\\ e [+_+]

my call practice plays probably would have done better the day after but i was busy. what happens when you are busy a miss 2 days in the market? more losses for not paying attention. i still had only -20% which still isn’t bad compared to my overall picks and total sum profit %.
i figured the stock market would tank after the final decision has been made on the bailout plan. i didn’t think it would really make a big difference, though if wall street did favor the bill it should have made the market jump higher. so now that the market has fallen, complete opposite of what the news told us, now we are heading into a real october crash. it’s already in pure downward spiral, but will likely dive even deeper. what a mess for a new president. i was for Palin for a long time. well, she’s just freaken hot there i said it, but Obama is the right choice.

here are my call practice plays 9/3 - 10/3 sept/oct end of month.

as you can see it was about 50/50. energy still seems to be bright and wells fargo buying wachovia helped make a big move. wachovia’s a great bank. i wouldn’t be surprised to see it go back to $20-30 once it starts running properly again or make wells fargo worth more. i’m sure citi bank is having a fiss over this only offering $2 billion and wachovia opted out of it. i’m sure there will be hassles over legal issues between all three banks. i’m sure its just a power trip.

Filed under: trading stock options | Tagged: 2008, buyouts, C, call practice plays, loss, stock market october crash, trading option plays, wall street, WB, wfc, why is the market falling with the bailout plan finishe | No Comments »

after -777pt DJIA drop predictable “sold off” rebound begins

Posted on October 1, 2008 by //\\//\\ e [+_+]

I didn’t even realize how low stocks sold off until I saw today before the open. I would have traded short-term like 1 day in/out call options on them especially the good stocks. But if you watched GOOG today it dropped again to all new lows. Scary. Very scary, but awesome at the same time if you were playing intraday put options on it. I’ve noticed in my optionsxpress account now whenever I am looking at financial stocks basically all of them say “no short selling allowed”. They are really starting to protect companies too much. If a trader is short selling a company then he is betting on the company falling for good reasons. In the real free markets there should be short selling. If the trader is wrong he’ll lose all his money so the trader must no something.

Although I expect the market to continue falling I can bet the market with such a large drop and even a large come back +5% across the board on indexes will move up one more day before they continue you to fall. Now that I think about it they may just rally into Thursday when the Senate votes on the bail. A great economic blog called Giving Up Control makes some real points about the bailout, congress, and wolves disguised in clothes.

Here are my call option plays for tomorrow:

practice call option trades

Filed under: put and call option practice plays, trading stock options | Tagged: amat, bac, fslr, goog, hans, help in, how to, NTRI, NYX, put and call option practice plays, rig, rimm, september put and call option practice plays, sold off stocks aapl, swn, trading stock options, WB | No Comments »

the market screams! -700pt drop! what’s next?

Posted on September 30, 2008 by //\\//\\ e [+_+]

watching Fox News they made some points such as wall street is having a fit over this bail not getting finished. for the most part i do believe they are just having a fit, it is just gloomy and rainy right now, but one something is stuck and works for “everyone” not just helping bankers the sun will come out. everyone will be happy, inflation will rise, oil will continue to go up, the president will just talk jargon politics, and life will go on in America.

i have to admit watching the tv screen with the DJIA dipping below -700pts shocked me. i’ve never seen it dip so much. tis true though that the stock market crash of 1929 which everyone keeps referring to, including the president, says we are nearing a depression. well if that was true then the markets would have to drop -50%!!!! the markets have currently dropped between 10-20%.

i didn’t get in any practice trades today either. i would assume the market will keep falling until a bail is passed. i suppose anyone that traded RIMM puts before earnings made truckload of money. earnings are always 50/50. i’ve learned my lessons and anyone that thinks they no better will be humbled by the market when their time comes…

Filed under: trading stock options | Tagged: -700pt drop, DJIA, RIMM earnings, september 2008, stock market panic, trading options, wall street fit | No Comments »

how to work from home, real job opportunities from home

Posted on September 29, 2008 by //\\//\\ e [+_+]

i found some great links and ideas for workers or entrepreneurs interested working at home.

first from a site called Wesabe:
http://www.wesabe.com
this discussion like blog offers great relevant information to pursue a job or contract business with well known companies. the problem, like i’ve found out plenty of times in the past, is that you get caught up with many companies charging money. in this case don’t pay anything. real companies that are seeking workers to work at home on a contract basis, full-time, or part-time will post job offering on their websites. so if this is something you are interested view both of these helpful links.

the second link is from a site called ehow:
http://www.ehow.com
Again, this site had some great comments of previous work from home parties and offering solutions to new people interested in telecommuting. also the blogger of this eHow article writes her own blog with more in depth on telecommuting and working from home with major corporations at her blog called VIRAMERICA.

Filed under: trading stock options | Tagged: blog sites, contract work, helpful information on home job opportunities, how to work from home, telecommuting, viral america, viramerica, working at home | No Comments »

no plays today - wait for signals on monday

Posted on September 28, 2008 by //\\//\\ e [+_+]

i checked stocks and everything was down. the presidential debate put me to sleep. so i decided since i really didn’t have a feel where the market would go next (although i would have practiced calls) i plan to start my plays on monday. the bailout plan should impact the markets until its finished. i wasn’t paying attention to Wachovia Bank (WB). its at $8 bucks currently falling hard. i didn’t have a clue Wachovia was with the gang of troubled banks. this bank is a huge one all over the east coast. i have a savings account with them i use for collecting and paying for my rent/mortgage. i don’t have much in there, but i predict if it is having serious problems it will likely go to $1 too. i would be playing puts on it. actually, that would be a great practice trade. i’m feeling lazy so i’d play in the money puts on it today at $10.00 (currently already down to around $8). it should likely fall further with more negative news.

i’m almost done with my short patrol at sea. the south pacific is so blue. i’m hoping to hit this bouy in the middle of no where that has excellent fishing. i’d truly love to catch a big fish.

chao.

Filed under: trading stock options | Tagged: boring presidential debates, monday markets, patrol, put option practice trading, sea time, troubled problem bank stocks, Wachovia, WB | No Comments »

call options plays worked +45%, RIMM drops hard after earnings release, stocks bottoming

Posted on September 28, 2008 by //\\//\\ e [+_+]

the market seemed to get more optimistic today. warren buffet’s edgy deal profiting from Goldman Sachs (GS) couldn’t hurt. without even looking at my charts i know that congestion would be shown with stocks starting to break out. after the market today Research in Motion (RIMM) dove down on earnings. it just shows how unpredictable stocks are releasing earnings. stocks across the board are down a lot and i’m curious if investors fear more after RIMM’s -20% drop. i do know also the Republican party threw out the bailout plan Democratics were happy with. i’m sure this creates some room for panic and turbulance in the markets as well. i will likely be practicing put options tomorrow unless the bailout plan is passed through law and okayed by everyone. should Fed bernaneke really be taken serious? if he just gave “why” an answer with “facts” rather then just vague statements i think everyone would take the Fed more seriously.

see below call option plays closed today:

call option plays

Filed under: put and call option practice plays | Tagged: aapl, bailout plans, big drop after earnings release, call option practice plays, congress, fed chairman bernanke, goog, gs, profit, rig, rimm, september 2008, swn, trading options, v, warren buffet | No Comments »

SWN, RIG, NTRI remain strong. Google’s new G1 could be a hit for the stock (GOOG)

Posted on September 25, 2008 by //\\//\\ e [+_+]

stocks seemed silent today and the day before (tue/wed) opened up high for high hopes and then were kind of let down after i suppose all the traders realized now this $700+ billion bailout will be really done by politics. that’s a laugh. it could be weeks or months if they make the decision or never, and who really believe’s fed chairman bernanke anymore? he says if we don’t do it right now then huge side effects will happen. well what if all that bad stuff really doesn’t happen and we let the loser’s lose and not get their pay package? remember, the tax payers are paying for this not the bad CEO’s walking away with their $30 million retirement package. so what to do, who will make the final decision, will their be sometype of real active plan? if i’m going to be paying for anything i sure do hope i get a part of whatever i’m buying.

i’ve been seeing strong reversal uptrend on my charts last week once investors thought the bailout would be quick. what if it isn’t quick? i could really see markets turning if a decision isn’t made. indecision, from my experience, will leave the markets in chaos. they need an answer. i hope its a good one for, EVERYONE. screw those CEO’s that made bad decisions, don’t give them any money or it is like rewarding them.

google’s new G1 could be a hit for the stock not because they are entering the phone market, but because it gets more advertising payment clicks for the company. GOOG also wants their phone to adapt the markets instead of controling it. all these things are great for innovation keeping GOOG a hot stock to watch. likely if people actually get it stock should surpass $500 again easy with all the advertising money it will receive on the mobile market.

Filed under: trading stock options | Tagged: $700 billion bailout plan, aapl, against, fastest growth stocks, goog new G1 phone, hans, high return, NTRI, reversal uptrends starting, rig, swn | No Comments »

closed out of put option practice plays +97% and got into a few call plays. even though i’m not for bailing out bad business, it’s sure to make the market jump once it’s completed

Posted on September 25, 2008 by //\\//\\ e [+_+]

i don’t think any tax payer wants this $700 billion bailout plan passed. the media and congress is doing a superb job at trying to make the American public fear hell is near if they don’t do it. like i said before a failing company that does not know how to manage billions of dollars should not be bailed out and given second chances, nor should any CEO walk away with a fist full of money. my put option practice plays are still working as you can see. this brings me to the point that there is still real uncertainty on wall street, investors are worried this bailout won’t get fixed fast, and that the downtrend has not stopped. some positive’s i have picked up on is that stocks are holding ground. i think Visa corporation (V @ $65) might benefit from the bailout plan as well if it includes credit card debt which it will if congress gets their ways. i noticed it actually moved up some from financial stocks. regardless, people will keep spending on their credit cards and Visa will take its small transaction cut. actually if you think deep about this credit card companies should be having a great year if more entrepreneurs and consumers are charging on their credit cards instead of taking out loans (if getting loans are tight, which i think is just hype in the markets trying to get Americans to fear more). Hansen Company (HANS) also stood out up almost 8% and is showing that it is a great company. on my boat all the workers drink up that shit like it’s candy (monster drinks), i suppose it is candy with all that sugar. see my closed put option plays below and my new call plays i think will jump high the fastest IF the bailout plan is completed this week (of course that is if Americans don’t get any smarter and don’t stand up against this bill that will make THEM PAY for something they didn’t fuck up on).

closed put plays +97% profit:

put option practice plays

new call plays i think will work (especially if bailout plan is finished quickly for wall street):

trading a few calls on notable companies

you know one thing i am worried about is the ban against short selling and against put options on financial stocks. this is crazy. plus this just takes away one of my most powerful ways to earn money in the markets while it is doing bad and i’m playing it understanding that it is falling.

Filed under: put and call option practice plays | Tagged: big profits on closed put practice trades, high return investment, notable good stocks to buy, short selling and put option ban, trading options | No Comments »

put option practice plays - winning stocks i think that hit bottom

Posted on September 23, 2008 by //\\//\\ e [+_+]

currently i’m trading all my favorite stocks as put option practice plays because we just had a mega short rally, the mini bubble burst, all stocks have doji evening stars, and show signs of at least short-term downtrend movement. however glancing at a few stock charts and know how much growth some stocks are STILL having i think HANS, NTRI, and AAPL are real winners and aren’t going to move much down anymore. For one thing HANS and NTRI have been stuck on the bottom for a while and they are slowly starting an uptrend. As for AAPL it has been on a bumpy ride, but going into the Christmas holiday shopping season it should have a better quarter in Jan 09′. Plus AAPL is selling millions of iPhones, regardless of a reduction in price, it is gaining growth market daily. NTRI and HANS are also at the top of Fortunes 100 fastest growing companies. NTRI has been having sour quarters, but still growing so when it does have a very good quarter the stock price could really run. ICE has a huge evening start stretching huge support and resistance on both sides. SWN and RIG are strong currently in energy sector. I think after this third top going down will be a strong support area and that will be the bottom for at least energy, excluding stocks like FSLR which I think could fall a lot more down. RIG has actually broken it’s downtrend so if SWN and RIG are positive this week I would think it is going to be the real bottom and start playing calls up.

see put option practice plays below:

put option practice trades

Currently where financial institutions are going I would keep playing it a put until things really change. It seems tax payers are really going to burn for corporate errors again instead of the companies paying for their own problems. I admit if a person bought a home they couldn’t afford and they lost it I’m okay with that. It is not the banks fault, it is the customers fault for being stupid. But when the bank screws up I do not think it is fair when the big American federal reserve bank bails them out if it isn’t going to bail out the American working class (although if they did I would want a free house too).

Filed under: trading stock options | Tagged: rimm, goog, hans, aapl, NTRI, swn, rig, fslr, v, september 2008, ICE, NYX, fastest growing stocks, bottoming signs, doji evening stars, bank bail outs, what will happen to tax payers, put option practice plays | No Comments »

second day rally continued. closed out call option practice trades +200%

Posted on September 20, 2008 by //\\//\\ e [+_+]

Energy again performed best in my opinion. my lowest performing call option trade was GOOG JAN 420 call options. i suppose they only got 6% is because it’s such a big fat stock so maybe the options trade a bit slower with price increase. now just because today had a good continuing rally that doesn’t make me think this is the bottom or the new trend will continue. this could be just a bigger bounce. what the fed did or rumored to do doesn’t subtract the trillions of debt our country is in nor does it stop credit hungry Americans from spending their entire paychecks. my point is that we are a consumer spending society not a saving one. one of my co-workers was telling me its so different right now, people stopped spending, and i told him that’s bullcrap. the fact is where the people that messed up their credit with foreclosures and don’t have credit power anymore the new rich who sold their houses at the highs or becoming new landlords will step in and start buying.

here are my call option trades closed today:

closed out call options after second day rally

Filed under: trading stock options | Tagged: big profits, bottom of the trend, call option practice trading, second day rally, september 2008 | No Comments »

i’m confident good fed news will lift stocks up into second day rally - call options plays

Posted on September 19, 2008 by //\\//\\ e [+_+]

i don’t think the positive Fed rumor of creating an entity for bad debt is going to completely solve everything, but appearantly it caught investors attention because stocks made a big emotional move in the end of the day. stocks especially that show most interaction and strong confidence to move higher were energy and financial stocks. i didn’t see a whole lot of love with tech even though they were lifted for their short-term charts nothing really broke through. for example for apple had to hit like $150 or google in my opinion needs to hit over $450 to show a real change.

these call option practice trading picks are very short-term, although they could turn into long-term plays if the fed rumor hypes up wall street and it turns into a longer rally:

call plays on fed news

Filed under: trading stock options | Tagged: big move days, call options practice plays on positive fed news, creating an entity for bad bank debt, late day rally, possible change in trend direction, swing day | No Comments »

put option practice trading plays still performing well. +270% today/SUM +190%

Posted on September 18, 2008 by //\\//\\ e [+_+]

my put option practice plays worked out well this week. i would have traded likely AAPL put options as a real trade if my account wasn’t at $0 currently. if i had $100k i would have traded all of these confidently. this type of trade is the trade i need to look for with a rush of buying or selling, bounce, then trading on the bounce for the following day. since my currently goals are to pay off my condo repairs i won’t be adding any free money to my account. condo first, trading second. i think once the new president is elected there will be some great fat profit plays. i can wait until then. for now check out these great put plays that worked out as i thought they would.

most recent practice plays:

put practice plays middle sept 08

all practice trades together:

all current practice plays +200

Filed under: trading stock options | Tagged: big profits, djia plunges, falling markets, hot insurance plays, practice put option trading plays, september 2008 | No Comments »

some big money is going to be made with these stocks priced right

Posted on September 17, 2008 by //\\//\\ e [+_+]

predictably the DJIA plunges again after the small run yesterday. i’m definitely going to be in the markets actively trading once the new President elected and markets start to stablize. seriously, stocks are priced extremely low, most under book value, all mostly have PEG’s of below 1.00, and they are still money earners such as:

ICE, NYX, GOOG, AAPL, RIMM

Also a simpler play to play all these nasdaq stocks with be the QQQQ’s. I can’t wait!!! i’m talking about huge HUGE call option trading plays once the time begins to be right to BUY. not now of course, all my practice put plays are making great returns, but in the near future. i’m talking about 1000-5000% returns likely to be realistic especially playing way out of the money on a stock that moves extremely fast up and down like GOOG.

Filed under: trading stock options | Tagged: low peg, money makers, puts and calls, stocks priced right, trading options, under book value | No Comments »