Wednesday, January 24, 2007

Trades & Ivanka



Had a nice morning on the Dow Futures (YM).....took a shower and decided to draw my fib lines and test some retracements, well I gave back all the morning gains and switched over to the S&P 500 Futures (ES), needless to say, I was down in my Futures account today but up in my Options Account by a considerable amount. I could have done a lot more right today with the Indicies hitting all time highs today, but hey one can only live & learn, and then make his fortune.

I bought the morning dip on Research In Motion Limited (USA) (Public, NASDAQ:RIMM) on the FEB '07 $140 Calls and ended up 50% on the day with that trade.

Got an idea from Trader Tim over at Perma Bears R Us, for an idea on a possible Double Top on Martin Marietta Materials, Inc (Public, NYSE:MLM). His article and analysis can be found Here.

I won't be trading much tomorrow because I'll be attending a meeting in Charlotte, North Carolina, on investing in stocks, real estate and tax liens. Special Guest Speaker Ivanka Trump, whew! Knockout!


My long term Energy Plays on BTU & CHK are doing quite nicely sitting with respectable gains of 50% & 35%, dabbling In-The-Money.

I've got some GREAT LINKS to Trading Videos, You all will absolutely LOVE THESE!
Movies on the Stock Market
Option Trading Video
Software For A Visual on Stock Options
Buying PUTS, CALLS & LEAPS:
Option Trading Strategies by 888options.com
The CBOE Weekly Option Trade(Very Informative)
One of my favorite Weekly Market Recap Video Commentators

5 comments:

ODA125 said...

Cal,

Good to see you back on the Blog! Missed you. Speaking of MLM? I am doing a daily report on MLM as a teaching tool that you might want to check out?

http://optionstheeasyway/blogspot.com

Anonymous said...

Have you started your futures thing yet? I am interested in how much money you have made with futures since you had that one big 7k day.

stockjockeyutc said...

So how did she look? Legs up to your ears huh? shoot me an email

TradingGoddess said...

"took a shower"? wooohooo!

Cal,

Let me know how that Ivanka thingie turns out. I got an invite for my neck of the woods, and have been mulling it over as to go or not.

Happy trading!

Anonymous said...

Cal you always have great links, keep it up.