party poker

Tuesday, April 25, 2006

Tuesday Market Recap...

+$1100 for the day. Two winning sessions in the row. This is, of course, not counting my longer term GOOG calls, which set me back about $7,000 today. To be honest though, I'm not really worried because I'm confident about where GOOG is going and when it gets there, I'll be the counting my money. (I hope I'm right )

Well, I'm about to go take a nap now. I woke up at 6am this morning because my knee was aching. And now, the coffee and adrenaline has worn out, so, it's nap time. The life of a daytrader...


Here are my current holdings:

Short Term (up to 5 days)
None

Intermediate Term (up to 30 days)
20 NYX May $75 Calls at $0.75 from 4/25
20 NYX May $75 Calls at $0.80 from 4/25
20 NYX May $75 Calls at $1.30 from 4/24

Longer Term (up to 5 months)
5 GOOG June $420 Calls at $35.90 from 4/21
3 GOOG June $420 Calls at $35.60 from 4/21
2 GOOG June $420 Calls at $35.80 from 4/21
1300 NMGC at $6.69 from 3/8

2 comments:

SirFWALGMan said...

Speak English man. I see the Open Int col. Cool. What the hell is the strike price? Can you give me an example of the calculation for the google for one or two lines? thanks.

boogster said...

The strike price is the column in the middle.

I'm not gonna give an example calculation because then I'd have to bust out a calculator. But here's what you do, for a strike price of $400, take the open interest number for the calls and add all numbers below it. Do the same with the open interest for the Puts, but take all of the numbers above the strike price of $400. Then subtract the two to get a positive number.

I can probably write this thing myself faster than I can explain it to you.