I made no trades today, but loved the move up. On paper, I made over $2400 which pushed me back above $80,000 again for the first time in a while. Along with everything else I own that went up, my favorites were NVDA and VIP. These are the ones I highlighted last week with charts to show they were heading north.
Of course NVDA is a favorite since I own 800 shares and have not sold covered calls on it yet. VIP was great because if finally broke through the ceiling of its 10 day moving average as it gapped up. My two April 30 puts feel a lot less likely to finish in the money with that move and my two April 35 puts are that much less in the money now.
On another note, I went back to physical therapy again to address more problems since my neck surgery in March 2007. I had a good start to healing after the surgery, but now have two new protruding disks above and below where my vertebrae was fused. This has lead to my taking more pain killers over the past few months (apparently that’s not good for concentrating on trading and my new job). The physical therapist thinks he can work these disks back in without needing new surgery yet. Until then I’ll likely have less focus on trading while I use my spare brain cells on my real job.
Here’s the picture I took with my phone of the x-ray about 11 months ago. It looks cool to me.
Very cool picture! But i hope the pain is limited. Just look how close you are to the 100,000 we talked about so long ago. If you go careful and sure, even if slow, you will be there before long. Awesome job. After that you are 10% to 1 MILLION DOLLARS.
Nice way to think of it, 10% of $1 Million. I’m just focused on reaching my July goal. One baby step at a time.