It was an active morning today. I closed my DECK trade from yesterday. It had a nice pop in the morning. I purchased 1000 shares at $41.50, held overnight and sold for$42.02. A $500 profit after commissions. I think it has room to run, but am not going to be greedy.
I covered my two AAPL $465 calls that I sold. I would have had to sell my AAPL stock for $465, if the stock was above this price after Friday's close. I feel AAPL has room to run. It went ex-dividend today but did not trade lower by the dividend amount. I should be getting a nice $2.65 dividend next week or about $530.
I also covered my FB short from yesterday. I shorted 1000 shares at $28.90 and covered at $28.45 There are to many insiders selling and I feel the stock is over-hyped. It traded wildly after earnings, but clearly trading down. It's probably heading to $20.
I put on a quick trade with GMCR. Lots of shorts in this stock and they usually cover on any big down day like today. I purchased at $45.60 and it quickly spiked to $46.25 in less then 5 minutes. I closed the trade out 11 minutes after wards for $46.20
All told, closed about $1700 in profits!
No comments:
Post a Comment