Thursday, July 25, 2013

T.J. 7-24-13

Market took a dive from this morning. I am not good at trading such trend days even in SIM. I took long at 3 different levels and they all got killed.

All of my put sales didn't get fill. I didn't chase any of them. There always is tomorrow. There are two gaps below. 1675 gap fill is only few point away. After hour's earning reports were surprisingly good. FB, BIDU, TRIP went up more than 10%. I caught a call option on TRIP. It should be a good 100% reward tomorrow. My SPY call had one at 40% fill but the other one is under water now. I will have to make a decision tomorrow.

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