Friday, 20 February 2015

Trades 20/02/15


Good trading today, especially on $MELA and $ASTI - the kind of trades I need to get used to taking; $MELA I sized in too so ended up a big trade for me

// update:
Made nice trades on $LEAF and $ARIA calls and $CLSN s/s, lost some more on $CRMD s/s, BUT respected my stops on it which saved me from a big loss


Trades: 

$ASTI started into s/s in pre small size in case it gaps and craps, and some more lower; ideally i wanted a gap up but the move eod yesterday was so overextended, had a good chance of gap and crap;  added on a pop, worked out just as planned


$CLSN long then swapped for short; was still technically day1 so found it hard to stay short; unfortunately covered a tad too soon, but i took the quick money on the wash; overall up a tiny bit on it on the day


$MELA was short some o/n and added on a the morning pop as planned; some uncharacteristically patience there on my behalf - need to do more of that

$CPHI went long on $AXN sympathy, worked well

$AXN tried a little with tight stop and patience; didnt work, just didnt have the conviction was too afraid; tried it again on a big vol candle



$CRMD been trying to be patient and wait for parabolic, took some .25s in case that's as high as it gets with the intention of adding up to .50; ended up taking $100 loss, didnt want to get $CRMD on this slow grind, will wait for para or monday; Gave it another chance later when it seemed like it couldnt sustain its momentum



$XON bought some calls on some heavy call buying

$GMCR calls on $KO deal - worked well (i was down at first so cant be too bothered with missing a doubler after almost getting out even)

Update:

$ARIA bought some $10 Mar calls and sold for 10c

$CLSN - chased a bit before the line in the sand and it broke; then fat fingered a sell instead of a cover; duh! so quickly covered and remained with original 500sh; took some puts as well at .25 sold .35 - SWEET COVERS!

$CRMD was trying to be patient with it, was up 10c but covered for -10c; glad i respected my stop, this went on to 4.50+

$LEAF calls - worked real nice 3 contracts at 1 out 1.65



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