From the category archives:

Papermoney

Ebay, it was nice knowing you.

November 2, 2009 by Ryan Barr

Well, it looks like my stop on Ebay was tagged during the trading day today.  Ebay ended the day up, however during the day it dropped just far enough to tag the top and cause me to quickly exit the position.
My short calls are November 25’s, EBay is trading at $22.38 and I’m fairly bearish [...]

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Run for the stops – and getting short

October 28, 2009 by Ryan Barr

Well, the new papermoney portfolio just took a swing through stop central and unloaded quite a few positions, and with some triggered orders I added a few more while I was at it.  Time will tell if the additions do anything good for the portfolio, however I’m getting the sinking feeling in my gut that [...]

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Papermoney – Stopped out of EJ

October 26, 2009 by Ryan Barr

A few weeks ago I decided to tweak the papermoney portfolio again.  Rather than going for a bunch of option plays on index products, I wanted to simulate some “money management” via positional plays on individual equities and managing risk via index option plays as needed.  The goal with the portfolio is to earn roughly [...]

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Loading Papermoney for the Drop

September 6, 2009 by Ryan Barr

I’ve just added a whole slew of option positions into the order queue for my papermoney portfolio.  These are almost all October/November expiration positions that include long put butterflies, short call verticals, long put verticals etc…  I’ll post all of the details depending on the fills that I get.  Basically, I’m winding it up and [...]

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Papermoney gets a fill – thanks for a quick rally Mr. Market

September 1, 2009 by Ryan Barr

Well, the quick run-up this morning provided a nice moment for the papermoney portfolio to get filled.  I’m not the proud owner of 90 SPY puts for March 2010.  Oh yeah, they are up more than 5 grand by the end of the day as well.  I’m not going to close them out for a [...]

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Awaking Papermoney from a deep sleep

August 28, 2009 by Ryan Barr

I’ve recently been very bad at keeping updated trades in the Papermoney Portfolio. Thankfully, I don’t think anyone actually follows it
Well, I’m following some activities in my real account in Papermoney, going heavily short with Puts on the SPY.  I placed a few buy GTC Limit orders this evening that should get triggered [...]

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An intermidiate top?

April 5, 2009 by Ryan Barr

Possibly, and as a result I sold my papermoney calls on Friday.  I’m still holding the SKF and SPY puts. I’ve updated the papermoney tables with the trade.  Sorry for the weak analysis over the past week or so.  I’m swamped with babysitting our son, and keeping up with school work.  I’ll try to get [...]

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Heading higher?

April 1, 2009 by Ryan Barr

Who knows any more   It looks to me as though we are getting close to a very important cross roads here in the /NQ and /ES. I’ve jumped into a slew of SPY Calls to balance off the Puts that are open right now. The papermoney page is up to date.
The futures are [...]

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Papermoney – Two new trades

March 24, 2009 by Ryan Barr

Two new positions in the papermoney portfolio. Both are effectively short equity positions via options, puts on the SPY and calls on the SKF.

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Papermoney: Exiting the SKF Position

March 12, 2009 by Ryan Barr

Call me a chicken if you’d like. I’ve closed down the SKF position because of my concern with decay in the value of the options. I guess I can’t complain, 4 days and 8.9% total portfolio profit and 65.8% on a single trade.

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