PeakTrader.com

[administrator]

Mar 9th Trading Log (Afternoon Update):

Intraday & Preset Trades: Sold 1,000 C Jan 5 '11 calls at $20,000 [over 3 1/2], sold 1,000 C Jan 5 '11 calls at $22,000 [about 3 3/4], sold 1,000 C Jan 5 '11 calls at $25,000 [at 3 3/4], and sold 1,000 C Jan 5 '11 calls at $27,000 [over 3 3/4].

Afternoon Trades: Bought 3,000 C Jan 5 '12 calls at $168,000 [over 3 3/4], and sold 2,000 C Jan 5 '11 calls at $52,000 [over 3 3/4]. I sold 2011 calls and shifted into 2012 calls. If C pulls-back to roughly 3 1/2, I'll buy 1,000 Jan 4 '11 or Jan 5 '12 calls. If C rises above 4, I'll sell 1,000 calls.

My portfolio is about $395,000 including about $170,000 in cash.

Calls Contracts

C Jan 5 2012 4,000

Puts Contracts

None

Portfolio at $100,000 on Jul 1st, 2007. Portfolio stop loss lowered to $200,000. Stop loss will be strictly enforced and extreme caution will be taken if triggered to avoid large losses in "irrational" market periods.