Tonight mayb a quite nite..... tight range trading

Traders do not like tight range

We love volatile

This post has been edited by Myoswee: Dec 14 2011, 05:25 PM

How to sleep then

There is one function call stop order.

Only if can use stop order and trailing stop in Bursa...
No need headache goreng, and di-goreng...

That's why my friend say

Pay first class fee

Get 3rd class service

In malaysia

Got to watch that 1220-1225 area... if this floor breaks then most likely 1180.
Not good news from Europe and worst of all, US companies are now coming out with earnings warning for Q4.

Puts in play for now.

Short on rebound..... whoosh whoosh

1220 koyak

1220 becoming resistance.........short near 1220

I think we're going to see sub 1200 soon. Puts position working for now.
Skynet still in selling mode. Hang tight.

Z: Watch LVS.. $40 is here.

The euro is finally catching up with the crisis

Dan,
u gonna buy at 40 here? I'm thinking of calling some...

Yes. I've sold the $40 put. If it falls below $40 by this Friday, then I'm force to buy it
but I'm collecting the premium today.

For calls, I'm still holding a bit $42 Jan calls, now under water.

But, then again, I still got a bunch shares of LVS commons now averaging around 32 (after months of covered calls earnings) which I will continue to use them as option hedging.

This post has been edited by danmooncake: Dec 15 2011, 03:23 AM

good morning everyone
happy chinese new year to those who celebrate and happy chinese new year to also those who don't celebrate.
once again happy chinese new year.

Dow 11823.48 -131.46 -1.10%
Nasdaq 2539.31 -39.96 -1.55%
S&P500 1211.82 -13.91 -1.13%

CNY in December? We're not even X'mas yet tho.
Let's have that Santa rally first.. this bear inside me also want the bulls to come out and play.



This post has been edited by danmooncake: Dec 15 2011, 05:35 AM

Santa rally? Hopefully there is 1 for this year......may have passed started too early Oct - Nov

That was the mini one.. we need a bigger one.

Bears can't really go much further if Bulls aren't playing.

So, come 'mon bulls. Time to rebound here and move back up a little more

This post has been edited by danmooncake: Dec 15 2011, 10:19 PM

Fake santa spotted?

Sell down from opening gap up

Rebought back $40 puts.. going long on $40 calls here for LVS (around when LVS=40.05).

Hoping short term bounce play.

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Added on December 16, 2011, 3:48 am
Update:

Sold out the weeklies calls when LVS was 40.85 for day trade scalping here. Pocket 25% here.
Volume is dying now. Going to wait again for tomorrow for another opportunity.

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Added on December 17, 2011, 9:00 amClosing update for Dec 16th

Dow 11866.39 -2.42 -0.02%
Nasdaq 2555.33 +14.32 +0.56%
S&P500 1219.66 +3.91 +0.32%

No much movement on this last day of opex for the month.
I must say.. it's not been a week of what I've expected.

This post has been edited by danmooncake: Dec 17 2011, 09:00 AM