Weekly Recap

No trades today again. Sorry if it seems like I'm dragging my feet. I just needed a couple of days to recover from nearly losing my shirt. Hey if you don't go balls to the wall, you will never make it(by never make it I mean you might make it, just a little more time will pass). Anyways I just wanted to recap the week. I'll start with a rundown of this Friday. My BYOND option play on BAC dropped like a rock from Thursday to $.33, which is a drop of $.27 from Thursday. I'm down -40% but I'm still certain I will end up with a 100% gain when it expires worthless. Remember that the put is for $4. BAC is trading for $6.13 and hopefully is going higher.

Another good note to pass along is that my portfolio was up over $1,500 on Friday with the main driver being BAC and BYOND as well as ETFC. All together, my portfolio was up over 6% this week. Another big winner, RJF which moved up over 20%. RJF is sitting at $21.63 which still gives it a yield of 2%. Not bad for whatever money you have just sitting around (and because you are reading my blog, I assume you are poor and don't have much)

I will keep better notes for this coming week and should have a more detailed recap for next week.