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Sep 30, 2011

TZA, VXX, UGA

Sold TZA for 52.2$, open position
Closed UGA short for 46.02$, I am glad I closed this and was a small position; open position My idea was to hold a small position for a long time but after opening the trade, I realized that the volume is 60k per day. Huh??? I had no option but to close the trade!
Closed VXX long, still hold partial position for 52.6$; open position

I had a very good week folks! I will open a post on the main blog Silver Ven Capital after some rest. Have a good weekend!

TZA

Bought TZA at 50.2$

UGA

Sold UGA short 45.85$, not a trade. I plan to hold this for sometime.

VXX

Bought VXX at 51.3$

Sep 27, 2011

Sep 22, 2011

SPY, MMM, USO, PCLN

Closed SPY @ 113.29$, open position
Closed MMM @ 74.8$, open position
Closed USO @ 31.6$ , open position
Closed PCLN weekly call @ 2.7$ , open position

Read Silver Ven for an important market update later!

Sep 19, 2011

SPY, MMM

Sold SPY short at 119.26$
Sold MMM short at 78.13$

USO

Sold short USO @ 33.1

QQQ, PCLN

Sold QQQ @ 55.69$, Market breadth looks horrible here, open position
Sold PCLN weekly expiration 525$ strike calls @ 7.45$.

QQQ

Bought QQQ @ 55.82$.

Sep 15, 2011

QQQ, SPY

Closed SPY position at 120.14$, open position

Closed QQQ at 55.77$, open position

When the volatility index is above 30, I can't let my profits/ losses run. When the VIX is below 20, that strategy works. I will wait for the next signal, irrespective of where the market's direction today.

Sep 14, 2011

QQQ

Bought QQQ at 54.59$.

FCX, SPY

Closed FCX short at 41.35$ , open position
Opened SPY long at 118.05$. I got prelim bullish signal on the VST (VST = very short term = holding few days). Stop at 116.75$ or if open is lower than that.

Sep 7, 2011

Market close

Stopped out at AGQ @ 225$. Same position size as my previous one, this was a loss (Open position). I had a winning trade of AGQ from short 229.5$ to 215$ earlier on the day but this loss cut me. So effectively, my profit was lower today on my previous close. Don't go to the same well too often, you will lose is the moral of the story. Stopped out of MON @ 67.56$ MON Open position Closed NFLX short calls at 2.4$ (Open position), Closed AMZN short puts at 2.3$ (Open position) - These are the 2 positions which saved my skin very well today. Opened SPY position on a buy signal at 119.69$. Opened VXX short position at 41.55$ and closed at 40.88$ during afterhours. Today was a very hectic day for me, so sorry about late updates.

AGQ

Reloaded short AGQ at 217.2$

AGQ

Closed AGQ by buying at 215$ in premarket. Open post

Sep 6, 2011

NFLX, AMZN

Short NFLX via short 220$ strike weekly calls @4.9$
Long AMZN via short 215$ strike weekly puts @3.55$

MON

Sold MON @ 63.85$.

AGQ

Sold AGQ @ 229.5$. Will post close.