Intraday Trading Category

VISA (+45%), BUCY (+13%) and More

In: Intraday Trading and Past Performance

A recap of the last week’s trade ideas. Firstly, update on VISA (V) earnings-

A follow-up on free trade I mentioned here to play VISA earnings, the trade is up +11.6%. If Visa stays up to $88 by May’08 expiration, the returns will be the same. However, if VISA is pinned @ $85 on May [...]

Intraday Opportunity List

In: Intraday Trading

Here is my initial list for intra-day opportunities. Whichever will fit the criteria, I shall be in.

SLAB, ZEUS, SPW, TRW, CMI, STRA, GRMN, BWLD, FLSR, ALXN
Thought to share my list, hopefully it shortens your lead time to find something interesting for you,
Profitable trading, OP
ALXN, BWLD, CMI, FLSR, GRMN, intraday trading, SLAB, SPW, STRA, TRW, ZEUS

For the OPN subscribers I metioned on the forum-
If VISA crosses $76, there may be a small $2-$4 move window for intra day trading.
I earlier posted my VISA gains. We closed OPN credit spread for +21% gain. When VISA moved past $76 I entered with May 80 calls purchased at average price of $1.3166. [...]

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OPN Performance

This assumes a $10,000 starting and fully invested capital. The current phase started when OPNewsletter was re-opened in Jan'08 for Feb'08 expiration. OPN Month is counted as 3rd Friday of each month same as US Equity option expiration day. Comparison with S&P500 or Dow is not shown as it's unfair to expect from such large institution to deliver high returns. I would rather compare with my own target.

OPN Performance (Current) - http://sheet.zoho.com

The Phase-1 assumes from May 2007 till Jan 2008 and starting fully invested capital of $10,000.

OPN Performance (Phase-1) - http://sheet.zoho.com

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Performance Matters (OPN)

  • May'07 +22.3%
  • Jun'07 +33.5%
  • Jul'07 +32.7%
  • Aug'07 +17.9%
  • Sep'07 +6.9%
  • Oct'07 +57.3%
  • Nov'07 +17.1%
  • Dec'07 (Chill-out)
  • Jan'08 +14.8%
  • Feb'08 +11.6%
  • Mar'08 +16.5%
  • Apr'08 +9.2%
  • Commission included from May'08
  • May'08 +1.7%
  • Jun'08 +11.1%
  • Jul'08 +4.0% (Open)

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