Bought SSO $76.01
Sold $80 June Calls on SSO for $1.20
Bought HXU.TO at $35.54
Bought RIG $160.60
Bought MA $284.25
Bought TTEK $23.15
Bought NTDOY.O $73.90
Covered CCJ June Calls @ $0.85 P/L -$0.10
Wrote CCJ Dec $30 Puts @ $1.35
Wrote CCJ Jun $45 calls for $0.75
Covered JCI 2009 Jan puts for $3.80 P/L $0.70
Bought MFC at $38.24
Bought RIM.TO at $139.24
Bought SVC.TO at $1.20
Sold V at $88.30 P/L + ~$11.00
Bought V back, at $81.05
Shorted May $75 SSO Puts for $0.50
Bought UNG at $54.03
May $75 SSO Puts expire worthless, today, so P/L +$0.50 on those
Readership has fallen off, on the main blog, since Sandvine has fallen…so, I’m not bothering to update these.
I got out of CROX, I went long V, VSR for a tiny bit (in and now out), sold all Yamana warrants in the $4 - $4.60 range, had one only one trade go against me bought at $4.09 and sold at $3.98. Bought SSO at $62. 30, but sold at $70. I got assigned CCJ - early - THAT’s one more reason to short in the money puts.
Despite saying I want to get out of leveraged gold, gold dipped sharp $7 this AM. The warrant bid & ask fell off a cliff, for no reason. So, for a quick trade:
Bought YRI.WT.C @ $4.20
Sold 35 minutes later @ $4.49, hitting a bid. P/L +$0.29.
Thank-you lack of liquidity. There was no reason for this violent dip. Still closed the day @ $4.54.
Bought GOOG @ $486.11
Demographics on the Internet are appalling. There is no reason for the trend of Internet usage to slow down given the age of the users. I’ll be scaling into and out of GOOG, as I see fit, comfortable holding for 15 years at these levels.
Sold all of YRI.WT.C.TO @ $4.45 P/L +$0.40
Short term peak, and the stock is down $0.52 cents, warrant was only down $0.04, so I took it. Ask immediately fell to $4.32, and more traders got out.
Covered CROX $45 June calls @ $0.80 P/L +$1.54
Average CROX price is now ~$35.50, completely uncovered.
Bought some YRI.WT.C @ $3.90
AUY up +3% at the open, gold up ~$20 /oz, easy decision.
Sold today’s purchase YRI.WT.C @ $4.10 P/L +$0.20
Thank you TSX Warrant liquidity.
Still own previous purchases of YRI.WT.C
Cover AMZN @ $71.47 P/L +$3.44
10:47 AM
Wrote CROX June $45 Calls for $2.50
CROX position now comletely covered going into FOMC and earnings.
2:29
Bought more YRI.WT.C.TO @$4.32
Gold surging, rate cut, liquidity - looks like a good quick trade, since somebody selling isn’t watching gold
3:06
Sold (the same position I bought today) of YRI.WT.C.TO @ $4.44 P/L +$0.12
Thanks to the illiquid market for this one! Pay attention people!
Short AMZN at @ 74.91.
Just a tiny bit. Trailing at 87x, every growth story is being brought back to reality this earnings seasons. Will cover before Friday, no matter what.