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Mr. Bean's Trades


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Updated May 8th 2014 by MrBean
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Mr. Bean's Trades

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  #11 (permalink)
Osaka
 
Experience: Master
Platform: Ninja
Broker: IB
Trading: Stocks
 
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Posts: 109 since Jan 2010
Thanks: 26 given, 24 received

March 13 bought 1 QID July18 59 call at 2.84.

This adds to my hedges for a market correction , I also have VXX and SPXU but I've had them for a while. The SPY is at an old top which could be the end of this bear pullback. I'll be watching carefully looking to take off hedges in case the bulls take control again.

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  #12 (permalink)
Osaka
 
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March 5 bought SO at 42.40

This trade is based on the visual pivot at around 41.70 and anticipation of breaking out of the bull flag. There was a stochastic buy signal on March 4. I will close it out if it closes below the pivot of 41.70, so far it's hanging on. The target on this one is a 50% fib at 44.40, perhaps ambitious but if it can break out of the flag and cross above the 200s (also in the flag).

March 14 sold SO at 43.35

Result +0.95

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  #13 (permalink)
Osaka
 
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MrBean View Post
March 10 sold short 100 TWC at 139.67.

This trade is based on corporate actions, basically in spite of the takeover offer the stock has floundered, if a stock can't move up with an offer on the table then something stinks - short it. I have a call option for protection in case there is some positive news.

Bought at 137.90 after hitting support and bouncing off it strongly enough to turn the trend around.

Result +1.75

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  #14 (permalink)
Osaka
 
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MrBean View Post
March 13 bought 1 QID July18 59 call at 2.84.

This adds to my hedges for a market correction , I also have VXX and SPXU but I've had them for a while. The SPY is at an old top which could be the end of this bear pullback. I'll be watching carefully looking to take off hedges in case the bulls take control again.

The markets did bounce off off old tops - new support at SPY 184.50 as expected. I sold SPXU but still have the QID call option and VXX.

March 7 Bought SPXU at 55.75 , sold March 13 at 58.65 , result +0.90.

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Osaka
 
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March 14 Bought ISRG @ $425.00 based on a recommendation.

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  #16 (permalink)
Osaka
 
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March 17 bought LULU @ 47.51

Based on oversold stochastics and candlestick breaking above 3/13 high and 3/14 close. It's oversold on the weekly and looks to fill a price gap up to $58, although I have a short-term target of 50.50 looking at a 4-hour chart you can see that pivot there.

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  #17 (permalink)
Osaka
 
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MrBean View Post
March 11 bought DGX at 54.36

I got in here on the bullish break out of the flag and above the 50ma. It was looking good until the market dived and took it down.

Sold @ 55.55 , result +1.19.

Worth watching for a pullback to $55 to go long again.

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  #18 (permalink)
Osaka
 
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March 3 bought BRCM at 29.81.

Nice pullback down into 200 MAs and oversold stochastics. Looking for 31.20 to take half off based on a repeat of the gap fill. Will take off the second half at 33.20 where further price gap fill will happen.

Sold at 31.05 , result +1.24

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  #19 (permalink)
Osaka
 
Experience: Master
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Posts: 109 since Jan 2010
Thanks: 26 given, 24 received


MrBean View Post
March 17 bought LULU @ 47.51

Based on oversold stochastics and candlestick breaking above 3/13 high and 3/14 close. It's oversold on the weekly and looks to fill a price gap up to $58, although I have a short-term target of 50.50 looking at a 4-hour chart you can see that pivot there.

Sold @ 50.50 , result + 2.99

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  #20 (permalink)
Osaka
 
Experience: Master
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Posts: 109 since Jan 2010
Thanks: 26 given, 24 received



MrBean View Post
March 14 Bought ISRG @ $425.00 based on a recommendation.

SOld at 426.14 , result +1.14

This was a mistake, I mis read the after market data and sold thinking it had bad news after market. Reentered.

Bought again at 431.22.

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May 8, 2014


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