Tough going since I last checked in. Starting doubting myself as I have been tuning my eye. Took a bad hit with Sandisk - made two bad decisions in haste instead of being patient, but got right back in the game. Got a dose of reality while learning new things. Hope it keeps up! Last I wrote I had open options in Talisman...
Talisman....2 days....14.6%
Lionsgate...4 days....6.4%
Perkin Elmer...8 days...-0.6%.....broke even (minus commisions)....was up at one point, got greedy and let it ride - retested the high after I got out
Sandisk....3 weeks....-66%....this one hurt, the Nasdaq was getting pounded every single day.... the deep in the money calls let me salvage some of the wreckage....got lazy, impatient, a bit cocky, and had to sell before they expired,
but then,
Texas Roadhouse...8 days....50.3%
UST...4 days....39.9%
and yesterday I bought 25 March $15 Cognex calls
I could've had another $1100 in UST had I waited a couple more hours
I also spotted JCrew and thought it wasn't quite ready for liftoff (had shakeout drop) but it didn't and went up $4+ the day after I opted for Cognex. Still developing my skills and hope they last. Until next time.
Ciao.