Total Contracts Traded:  11

I sold off the rest of my STT contracts yesterday as they report this morning.  One of two things will happen.  When they report, the selloff will be horrible and I’ll feel bad for not leaving some of my shorts on the table.  Or after they report, STT rallies as investors will have more clarity into their business.  Either way, I don’t care to play earnings and STT’s given me a cool 200%+ return so who can complain.

Within the first 15 minutes, my DIA/SPY calls used to hedge against any upside were stopped out.  After seeing the pre-morning action and noticed futures ever so slowly declining, I put the stops in place which were immediately hit.  Needless to say, it worked out fairly well.  I did re-enter into some hedged positions but that may have been a mistake.  I’ll know more when I land later this morning.

Profits:  $377

Yes, I’m hitting new highs.  I re-read parts of Trading in the Zone and should have a post sometime in the next couple of days regarding the last chapter in the book.

First leg of my journey home begins in about an hour.  I’m upset I’ll be missing the market open but hopefully the markets don’t tank too hard without me in the game.

Contracts traded:  9 (ILMN loss, V roll, STT roll)

Profit / Loss : $933

*** New Account High ***

I’m now looking at a 30% profit from my initial investment last year + the loan I gave my account earlier this year.  The longer this keeps up,the more I’m thinking maybe things are falling into place.  We shall see I suppose!