August 29, 2010 – 11:45 pm
The wonders of the Nobel Prize Winning economic laureate Paul Krugman. I would never in 1 million years believe that I could agree with a single sentence this man writes. But enter his latest piece “This Is Not A Recovery”:
[...]this isn’t a recovery, in any sense that matters. And policy makers should be [...]
August 2, 2010 – 12:52 pm
I really didn’t want to write this. Lets just say this: If I get an email, I get three little “Apple dings” from my iPhone 4, my 27″ iMac, and my iPad. No one builds devices like Apple, and the polish their software brings to the table has yet to be challenged by any competitor. [...]
After a less than stellar July performance, I am going to take a step back and reevaluate my trading strategy. This really doesn’t stem from the fact that that I had my first losing month (out of two, mind you), but more from realizing that what had become my “strategy” was really nothing more than [...]
July options expiration is (un)quietly approaching. With the market making large moves in both directions during the life of the July options, I haven’t had very much time to keep everyone updated, or make my first podcast for that matter. I know everyone is wondering why I haven’t had the time. The answer? I have [...]
In case anyone hasn’t noticed, I’m just a regular guy. I don’t even trade for a living! I would rather be programming, but when that just can’t occupy my time, the rush of trading is a really good outlet to put some energy into. As I learned last month, the key is to have patience [...]
With the market closing It looks like all of my current positions (except my $BP JAN 11 70 Calls) will be expiring out of the money, saving me the expense of having to close all of the positions and incurring added trading costs. Here is a snapshot of my portfolio as it stands:
SymbolExpirationStrikesProfit/Loss
$BBYJUN 1030/34 Put [...]
In following up with my latest post, tomorrow will be where I put my methods to the test. With my $RIMM and $DE positions nearing their boundary limits, tomorrow they will test their next resistance levels. With options expiring on Friday, I would love to hang on to these positions until then to avoid the [...]
Well, another trading day, and more lessons learned. The day started off with most equities gapping higher, $BBY being no different and gapping up ~$1.50. That drove its underlying options prices higher and killing my profits. Afraid of losing all of my hard earned profits, I jumped to close the trade (Short JUN 10 Calls [...]
As promised, I am updating everyone on the current holdings in my portfolio. For reference, the iron condors are listed as long put, short put, short call, long call.
SymbolExpirationStrikesProfit/Loss
$BBYJUN 1030/34/41/45 Iron Condor$(177.50)
$BPJAN 1170 Call$(12.50)
$DEJUN 1050/52.5/60/62.5 Iron Condor$45.00
$QQQQJUN 1040/41/45/46 Iron Condor$(77.50)
$RIMMJUN 1040/50/65/80 Iron Condor$427.50
$SPYJUN 10103/104/115/116 Iron Condor$80.00
$XJUN 1035/40/52/60 Iron Condor$384.00
I am always looking for new positions [...]
My life is crazy right now. I’m working two jobs, trading options in the afternoon, starting up a web design and development firm and a gold buying business, writing an iOS POS app that uses wireless bluetooth scanners (+BTStack), writing two iPad applications, trying to change ecommerce as we know it with a revolutionary new [...]
I finally got my side project rolling today! Its an Ebay Sniper that allows you to automatically place bids on items within the last few seconds of an auction. Check it out at: PleaseSnipe.com.
Note that this is just a side project I completed to give my mind some time to “play” while working on my [...]
February 24, 2010 – 11:55 pm
We all know that using CURL in PHP is atrocious. Who wants their beautiful code to look like this:
$c = curl_init($cURL);
curl_setopt($c, CURLOPT_URL, "http://tockx.com/s.php");
curl_setopt($c, CURLOPT_HEADER, 1);
curl_setopt($c, CURLOPT_RETURNTRANSFER, 1);
curl_setopt($c, CURLOPT_POST, 1);
curl_setopt($c, CURLOPT_POSTFIELDS, $strParameters);
[...]