Yes, I did. Sold half at 415. Sold all at 420. Now, waiting in cash again.
Not sure what's going to happen tomorrow. I think AAPL wants to break up to 425 and it does, I'll add and stay long,
otherwise it will retreat $5 and stop again...keep repeating this zig zag pattern until it breaks out.


LOL! That would be estatic.. then we'll see all the madness screaming BUY again.

Yup.. like I've mentioned, you can also see it.

AAPL likes to move in tandem of $5 move for short term.
Right now, you can kinda see this targets: 400, 405, 410, 415, 420, 425

Lower support side is 400, upper resistance side is 425. AAPL wants to break out from 425.

Be aware, I'm playing Options with AAPL. It has a different relative value than underlying price.

Tough to play FB.. I gave up on it after it just goes against my trade.

But, wanna play this low-cost speculative one: JASO? (pretty volatile move, 2%-5% per day).
Solar stocks on fire while Oil price is high..

Just watch that 50ma line (6.75 now) and go long for support buy or short if below it.

Sikit sikit aja.. hopefully can jadi bukit..

Need to get some big angpau but cannot be too greedy. Dangerous playing options.

LOL! That's good to know. At least you're back, playing this side.

The market going to gap up after what Fed has said yesterday. No worry about tapering short term.
SP500 going to retest all time highs soon.

Bulls are happy again.

Nice! 41Mp

But.. it's a Windows phone..

This post has been edited by danmooncake: Jul 12 2013, 01:53 AM

Yup.. she finally broke 425... let see how it closes first.
Take it nice and slow, ok. $5 at a time. Don't want to rush so fast.

Okay.. AAPL closed 427. Nice!!

Raise your stop to 425.

Remember to watch your stops tonight.. esp. AAPL (if you're trading it).

Friday - with weekly opex, anything can happen after full throttle yesterday.
Bulls may take off early, little bears may come out to play play.

Buuyyy.......

I'm eating my own medicine tonight.. playing a little JASO solar spec play.
In 7.82

Darn it..almost got AAPL (sell target 429.50).
Those fast algos must have took a sneak peek my order.

Kaching..

AAPL 429.50 Out
JASO 8.12 Out

NFLX... sell queue at 255 for quick scalp.... just need a little more here. Come 'mon, give a little push.

It varies... 20%-50% maybe?

The weeklies are pretty volatile. Yesterday bot $6.25, this morning sold $9.
Now, back to $5.25. If AAPL closes at 425 today, then it probably stay at $5.

The opex day usually draws them to close at the $5 range.

Update: Looks like they took my NFLX out 255. I'm done tonight. Going to take family out for nice meal this weekend!

This post has been edited by danmooncake: Jul 13 2013, 12:05 AM

Those evil MM, they close it at 426.51 for max pain effect. The 420 calls still worth 6.50..

Next week, take a look at 420/415 PUTs play. There's a $1 spread in there now.
Maybe can take opportunity to short it.

I've using these four brokers: TDA, MBTrading, ScottTrade and OptionExpress

Mbtrading has cheapest commissions of the four - good for day trading
TDA has best tool - ThinkorSwim (imo da best!)

This post has been edited by danmooncake: Jul 15 2013, 09:22 PM

Sold 420/415 Puts spread for AAPL. Not too much time to do real time day trade this week but I'll let the options decay
do its work for me.

Oh yeah.. got just one batch only tonight.
Buy 8.25, Sell:9.25
Gimme that $1 spread to make 1K (hopefully by tomorrow).

Just buy that pull back on if you're swing trading it.

Remember, this is just short term trading only, speculative high oil price, possible EU/China tariff resolution
and upcoming better than expected earnings.

This post has been edited by danmooncake: Jul 16 2013, 12:27 AM

Ahh.. crap.. JASO got trailed out.. 8.60

Update: Got faked out by the dive to 8.48, didn't get back in and it ran off to 9.03. Ahh geez...
hopefully, tonight will get another chance.

What's working: AAPL got to 431.. then taper down. But, short 420/419 PUTs still working.
As long it can stay above 420 by Friday, I'm happy.




This post has been edited by danmooncake: Jul 16 2013, 06:38 AM

Only partially same.

American Style options got two: Calls and Puts

The calls part is almost the same like call warrant but not quite. The call warrants are issued by the company, much longer expiration but American call options are issued by the exchange (eg. CBOE) shorter time frame..(weeks, months and maybe 1 or 2 year aka. Leaps).

Puts are bear side play for Calls.

American Options allows you to make money whether the underlying stock moves UP, Down or Nowhere as long as you know
what direction it will go in the given timeframe.

Lotsa of free courses available online for options.
Start with the OIC (Options Industry Council).
http://education.optionseducation.org/course/?podcasts=1

or

E-trade videos for quickie ones.
https://us.etrade.com/ctnt/investor-educati...cs/optionsbasic

Also plenty in YouTubes...

Don't trade until you get a freebie demo account from one of those brokers to test your trial first.

Take your time to learn.. and if any questions, feel free to post here and maybe we also brainstorm and learn too if you have a stock to play or strategy to share.