Update for Monday

The futures looked great in the morning and with the opening bell, the market jumped upwards. Like I said in my last post, I was assigned BAC for 500 shares @ 4 because of the put I sold. BAC opened up for a nice gain but I decided against selling until $4.50. I know I was being greedy. BAC only reached $4.48 and never hit my limit order and actually ended up below $4 for the day.I also tried to trade a cover call on my 200 MS stocks. Same thing I did 10 days ago with the February calls which if we can remember, ended up 100% gain minus commissions ($155). Never got where I wanted and then MS took a dive.

Moral of the story....No trades, portfolio down -$761.08