Daily Recap - May 15, 2008
Short and sweet since I’m feeling a bit under the weather. I need to learn to not leave so much money on the table. It’s frustrating and starting to get on my nerves!
Trades Taken
- -1 x JASO June 25 Call
- -1 x LVS June 65 Put
- 1x VLO June 45 Put
Profit / Loss on the Day / Open: -$58.00 / -$95.50
Closed out my JASO calls around the high this morning only to see it fade the rest of the day. Solar play may be over for now especially with oil potentially fading from these levels. LVS took off like a rocket and hit my intraday stop and as a result I exited with little damage. VLO looks ripe for the drop so we’ll see what happens.
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