Wednesday, February 20, 2008

Ship it

So I decided to exit my high entry of the Q's. So before I left for work (before the market open) I sold my 1.26 position for a loss of rake X 2. I entered a buy at 1.10 (which filled at 1.08) thank you Thinkorswim, and a new sell at 1.38 as well as sells orders for all my positions. So...

+10 QQQQ 44 call @ 1.08 = $1104.95

Upon returning home I found?

-10 QQQQ 44 call @ 1.38 = $1355.05 +22%
-10 RIMM 93.375 call @ 6.60 = $6575.05 +22%

Keep in mind the rake is $24.95 per trade which I have already deducted. So ship it. With oil moving up again I am not entirely certain that I will be able to get the rest of my trades to act as favorably, but lets just wait and see.

**EDIT**

AAPL did well after hours and gapped up, and I opened up Thinkorswim to find:

-10 AAPL 125 call @ 6.72 = $6695.05 +33%

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