My Trading > My Trading Journal > January 19, 2012

My Trading Journal

January 19, 2012

5:00 pm (PST)

SCHW was up a lot today so I tried to get out of my spread. I was able to get filled on 116 out of the 450 at 0.03.

EA (Electronic Arts) was down a lot today. It is oversold, at support, and is undervalued so I wrote 310 EA March 16/15 put spread at 0.20. This isn't one of my favorite companies to play because I don't know it too well (Although I made some money on it last year) so I only put on a medium-sized position.

XHB stayed up there. Tommorow I may have to take a loss on it for my mom's account.

My new trades today:

  • Sold to open 310 EA March 16/15 put spread at 0.20.
TLT was down another point and a half today (to 118.32) which is very good for my call spread. But my 112/113 put spread which I wrote yesterday at 0.09 ballooned to 0.19. There is still plenty of wiggle room though.

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