January 31, 2010

I bought another year long options play with Ford. I bought 5 Jan. 2012 calls at $1.94. I have a year to be proven right on this.

I bought $DSTI at $1.52. This is a small short term speculative play. As you can see in the chart it has solid support around $1.50.

I also bought Microsoft $MSFT at $27.53. These are in my Roth IRA. I don't own anything in my 10% fund right now.

In Jody's account I bought New York Bank $NYB. I used to own this in my other account. It's a safer play as it pays a 4.5% dividend.

I took it on the chin in my two accounts with that AMZN trade, as you'll see below. It could have been alot worse. That's why you don't put more than 20% of your portfolio into one trade.

The scoreboard after yesterday reads:

Jody's Roth IRA 4.82%
Ryan's Roth IRA -2.92%
10% Fund -4.62%
S&P 1.49%