Sunday, January 13, 2008

Week 3 Trades Big Week Lots of News (Risky)

This week I’m not fully invested, I’m not even invested with half the capital. I have about $4,000 invested, 4 picks each about $1,000 each. I have only 4 picks because I should be able to get out of them relatively quickly and then have more capital to speculate with, on the earnings and major economic news coming out this week. All the picks have a stop of 20% marked to the option (so when the value of the option goes 20% or above the position is automatically sold).

My trades for week 3 are:

BBY/Electronics stores
Feb 45 Put/BBYNI
Image Hosted by ImageShack.us

Image Hosted by ImageShack.us


MMM/Conglomerates
Feb 80 Put/MMMNP
Image Hosted by ImageShack.us

Image Hosted by ImageShack.us


MSTR/Business software and svcs
Feb 75 Put/EOUNO
Image Hosted by ImageShack.us

Image Hosted by ImageShack.us



NICE/Computer peripherals
Feb 30 Put/EQJNF
Image Hosted by ImageShack.us

Image Hosted by ImageShack.us

Image Hosted by ImageShack.us


Image Hosted by ImageShack.us


Economic Calendar:
Jan 15 8:30 AM Retail Sales
Jan 15 8:30 AM Retail Sales ex-auto
Jan 15 8:30 AM PPI
Jan 15 8:30 AM Core PPI
Jan 15 8:30 AM NY Empire State Index
Jan 15 10:00 AM Business Inventories
Jan 16 8:30 AM CPI
Jan 16 8:30 AM Core CPI
Jan 16 9:00 AM Net Foreign Purchases
Jan 16 9:15 AM Industrial Production
Jan 16 9:15 AM Capacity Utilization
Jan 16 2:00 PM Fed's Beige Book
Jan 17 8:30 AM Housing Starts
Jan 17 8:30 AM Building Permits
Jan 17 8:30 AM Initial Claims
Jan 17 10:30 AM Crude Inventories
Jan 17 12:00 PM Philadelphia Fed
Jan 18 10:00 AM Leading Indicators
Jan 18 10:00 AM Mich Sentiment-Prel.

Major Earnings:

General Electric
Schlumberger
Genentech, Inc.
Citigroup Inc.
U.S. Bancorp
J.P. Morgan Chase & Co
Wells Fargo & Company
Logitech International
BB&T Corporation
BlackRock, Inc.
Continental Airlines
Washington Mutual
Merrill Lynch

2 comments:

Anonymous said...

Wht is the stop loss for these positions?

Anonymous said...

no stop loss