Transactions

Selling:


NYX - 56.31 shares ended today at69.80. Value = 3930.44 dollars

CROX - 103 shares ended today at 32.00 dollars. Value = 3296 dollars

Note: NYX did not have the kickback that I was hoping for. It is time to sell. As for Crox, should have sold last time I updated, dropped three bucks since. Selling now, if Fed Cuts again buy it back.

CMC(35 strike) - 25 contracts, ended today at 1.40. Value = 3500 dollars

CMC (40 strike) - 70 contracts, ended today at .60. Value = 4200 dollars

Note: I still very much believe in these options but I have no patience with this.


AIG - 73 contacts, ended today at 4.40. Value = 32,120 dollars

Note: I think it drops lower but you have to diversify no matter how aggressive you are.

Holding:

RIO - 134.73 shares ended today at 31.91. Value = 4299.23 dollars

Note: Limit Sell on RIO at 31.25

SIRF - 200 contracts, ended today at .21. Value = 4200 dollars

Note: Sticking with it.

Funds available for purchasing: 47,771.26

Buying:

CMC - Feb 08, Put option at 22.50 strike price at 5 cents per share. 8,000 dollars worth means 1600 contracts.

Note: I believe this is a good buy even though I think CMC goes up over time, because the 20.00 option is at 20 cents per share. How can that be? It does not make sense, buy the CMC put feb 08 option at 22.50 strike price.

ABK - 10.40 a share, 8,000 dollars. 769.23 shares.

Note: Stop loss at 10 dollars per share.



I would buy more, but I don't see any picks right now. I think tomorrow will be a good day though which sucks not to own more stocks but this is not a interday trading blog so we won't start.