Thanks to The Fly’s sacrifice of the Golden Bull, the bears won the day. Oddly, almost all my existing long calls gained on the day: [[CMED]], [[EOG]], [[LIFC]], [[SWN]]. Get crunk!
DP Buys:
- [[CMG]] puts from yesterday’s idea post.
- Was looking good until it jumped 3 points in the last 30 minutes. WTF?
- Still, It finished right at resistance ($115) without hitting the trailing stop, so I’m holding.
- [[PALM]] May 5.00 straddle. Need it to move over $1 in each direction in the next 2 months.
- Has been trading in a range b/w $4.25-$7, so I’ll be selling either at $7, or after a breakdown.
DP Sells:
- [[KCI]] calls were stopped out on the trailing stop for a loss.
- Frustrated with this one, as several mistakes were made, including entering the trade too far above support and improperly protecting a 25%-30% unrealized profit.
Don’t every say “get crunk” again, or I’ll drag you down to the tattoo parlor and make them put “Pete’s Dragon” on your forearm.
In purple.
Learned it from Lil’ Jon.
Figured the Southern homies on this site might appreciate it.