Wednesday, January 23, 2008

SOLD! AAPL & MOT puts

I resist the temptation to flip to calls.

put sale...
AAPL: 235% gain
MOT: 341% gain

by far my best trades since the days of TIE and the iPhone release.

Now i wait for SYMC to report...
I will add to my positions based on other earnings... KLAC a possibility
Other semi's include: CY, BRCM, but they are already trading lower.
MSFT is expected to meet expectations, which would move Tech positive

My financial puts are taking a beating early... however, time is on my side. AND! i think there is some reloading for sell of happening.

My spec trade will be CAT... slowing economy, less things to build, outside of China getting ready for the Olympics

3 comments:

Gio said...

AAPL .... timberrrrrrrrrrrrr!

Gio said...

Good moves! Looks like shorting anything tech before earnings is almost a sure win! Hope those SYMC puts work out for u... I once had a near 1000 percent gain on them before. I shorted JaSo today like crazy. Going long stocks NoW!! covered all shorts. I haven't checked, but I'm sure the vix is completely battered. I'm guessing the 11.6k holds.

Gio said...

Wow! I'm a surgeon. I called THE BOTTOM! Check my comment above... I don't think anyone would have believed me when I said we'd get a pop today when the dow was down 300 points in the morning! That's almost a 500 point swing!!!