Weekly Recap

Weekly Recap:

October 18th-22nd

Starting Cash: $19 408.95

Week Dollar Change: -$174.58

Ending Cash: $19 234.37

Percent Change Of: -0.9%

(Monthly Reporting Will Start In November)

Thoughts:

We had a very choppy week in the stock markets, with every day pretty much being a doji candle on the ES. As I trade best in directional markets, this week faked me out mostly on everything, as I bought most of my shares on Monday, the high of the week. I am still Long 100 AAPL (A large position for me) and if it seems it will not work out, I will trade more bear calls to make up for it in premium. I have realized that in these choppy conditions, either trade options on stocks or commodities and forex, as they might be moving instead of stocks. Small loss this week nonetheless (this includes open positions and premium) and we shall see what will happen next week, I think 1200 is around the corner!

Positions:

Long 100 AAPL @ 303.56 (Theoretical Price is $302.30)

Short 1 NOV 5 AAPL 310 CALL @ 1.53

Long 1 NOV 5 AAPL 320 CALL @ 0.30

Bear Call On AAPL, AAPL Add, Out of SPY and GE

Short 1 NOV 5 AAPL 310 CALL @ 1.53

Long 1 NOV 5 AAPL 320 CALL @ 0.30

Out of GE and SPY for a loss of $50. No move on them today, freeing up cash.

LONG 100 AAPL @ 303.56

Going to hold till next week. We have some nice support in the $300 level.

Out of EURJPY

Out of EURJPY as this trade didn't really set up as I would have thought -$100USD.

Long EURJPY

Reinitiating this YEN short trade.

Looking to add much lower...

Long 40 000 EURJPY @ 112.42

Out of EURUSD, AAPL Add

Out of EURUSD @ 1.3921 for $120USD

USD is falling with stock market....hmmm

Added 25 AAPL @ $302.01

Avg. on 75 AAPL @ $304.40

AAPL Add

We know Apple's a strong company, good chance we will get a bounce around $300.

Long 15 AAPL @ 303.78

Avg. of 50 AAPL @ $305.59

Willing to add @ $300

AAPL Dropped AH

Added 10 AAPL @ 305.20

Avg. 306.28

New Positions And Position Update

Here are my current positions with adds:

Long 25 AAPL @ 306.72 (Gotta love Apple :D )

Long 20 000 EURUSD @ 1.386

Long 500 GE @ 16.10

Long 75 SPY @118.30

Looking for a bounce here. If there is some sort of weakness I expect I'll short 1 YM or NQ for protection. Here is my view on the market:

Long EURUSD

Long 15 000 EURUSD @ 1.3891
-Nice support area around here
-Willing to add down to 1.37

Long GE, SPY

Long 50 SPY @ 118.71

-Closing sell off offered opportunity to buy for cheaper prices

-This market seems to want to go up on anything, BUY PULLBACKS

-Willing to add down to $116

Long 300 GE @ 16.17

-Market is strong, GE should catch up

-Nice bottoming pattern