Crazy sell-off today

Wow.. Dow loses more than 350 points today. What a crazy market, oil keep surging, all economic data looks bad. I bet a lot of investors lose their money, mine's included. When you think the market has rebound, you are wrong. I should keep shorting but now I have no more money left to play any stock and I don't want to deposit more money either. O well I guess we will just see how the rest of my options play out.

Open LVS July 60 Call @ 1.35

Big down for LVS today, I bought more LVS call options, this time is the June 60 Call @ 1.35. I'm still waiting for the big short squeeze, LVS has more than 50% of its outstanding shares borrowed. Let's hope it will happen next week after today's options expiration.

Saying that, my June 65 Call will expired worthless today that's a loss of 100% in around 2 weeks period :(

Open GRMN July 45 Call @ 2

GRMN is really cheap right now, I bought July 45 Call @ 2. If the stock could run up to 50+ range again then I'll be happy :)

On the other hand I missed getting the FSLR 270 June Put options. I set the price at 1.90 and it went day low at 2. Miss by a mere 10 cents! I shouldn't be too picky about it next time. I'm planning to sell it at 4 if I got it at 2 which would be sold in the same day since the day high was 4.20. That would be a quick 100% gain. O well.. hopefully I still had a chance tomorrow!

Close FSLR June 250 Put @ 0.55

I close all my position for FSLR 250 put @ 0.55. I guess I cannot make the right decision twice in the row, the first time I bought at 3.50 and sell at 5.50 at the same day. I'm glad that one on the same day, otherwise my loss would be greater. This time I bought at 3.60 and sell at 0.55. It represents loss of around 95% on the first batch (the one I bought for 8.80) and 85% on the second one (for the 3.60 one) :(

PS: FSLR is trader stock, you always need to follow the direction of the stock, this particular stock advanced 6 days in a row!

Open FSLR 250 Put @ 3.60

I bought more FSLR June 250 Put @ 3.60 after a run up today. We'll see if I will need to sell it at the same day.

Open LVS July 65 Call @ 0.80

It's pretty cheap and I think I will risk buying a July call for 0.80 per contract. I don't buy that much either so not a big deal.

Sell half of my FSLR June 250 Put @ 5.50

Well, after I bought @ 3.50 this morning, I sell it at the same day for 5.50. I just want to sell and lock in the profit before if it ever goes back down again. I still hold the other half with 8.80 as the cost. This sales represents 51.22% profit in period of few hours.

Double my position on FSLR 250 call @ 3.50

I doubled my position for 250 June Call @ 3.50. I hope I made the right decision.

Open FSLR June 250 Put @ 8.80

I haven't been right with FSLR for couple times in a row but most of it with call options. Today, it jumps after ARGUS upgraded it to buy, so I open a June 250 put @ 8.80. Let's see how it roll tomorrow, there will be economic reports about auto sales, and CPI the day after.

Close FSLR June 250 Call @ 6.50

Big drop again today, I close my position at 6.50. Market is not doing well this week and I don't want to hold longer and possibly extend my loss. It represents 32.32% loss in 1 day :(

Open FSLR June 250 Call @ 9.40

I bought FSLR June 250 Call @ 9.40 each. It seems that the stock has some resistance in 240 area. We'll see if it's gonna hold out.

Double my position on LVS June 65 Call @ 2.40

I double my position on LVS June call at 2.40 each. After that it went down as low as 1.90 blah.. o well I'm just going to wait for couple days waiting for this stock to bounce back.

Open June 65 LVS Call @ 2.50

LVS has strong resistance in 63-64 price range. It has been tested 4 days ago. I open June 65 LVS Call at 2.50. On the other hand, my GRMN options that I just sell yesterday take off to 10.50 day high today! I sell all my GRMN on last Friday and yesterday for 5 and 5.90! blah... well at least I still profit rather than taking a loss.

Close GRMN July 45 Call @ 5.90

I sold the other half of my GRMN July 70 call @ 5.90. It represents 71.10% profit in period of around 1 month :)

Right now I don't have any positions at all. I got burned over the last two trades of FSLR. I'm not sure how the market acted these few days, I thought we finally recover from the worst but look how DJI is now under 12,500. Although I expect to see a rebound tomorrow since it has held this resistance level 2 times, today and on may 23rd.