Closed MA, JRJC, CAPN, MPG

Closed my MA March  88 Calls out here. This was a little slow to get going but then it really did and I took a 120% gain.  

Entry: $1.71

Exit: $3.75 

I sold here, figuring it was better to sell into the move.  Especially on an options trade and during the last earning gap the move faded after two burst days.  So between this and AAPL thats two 100% winning option trades in a row and I thought I hated options trading :-)

JRJC: This one could have worked but it faded yesterday into the bell taking my profit with it took a small loss here rather than mess with it  A winning trade doesn't pull this shit.

Entry: 6.12
Exit: 5.83

CAPN:
I got too excited about the potential fishhook setting up and let my self increase my test position into a full size on this trade too soon, which forced me to move up my stop loss.  I got tagged at the end.

This stock could still set and  work on the long side but it has to take 6.20 before I'm interested again.

Summary  of Errors:
First day buy
Failed to sell a 15% pre-market gain on that buy .
Added to the position before the pattern has developed.

What I did right: Got out, kept my planned exit left the Kept damage  minimal.
Entry: 6.13
Entry 2: 6.14
Entry 3: 603
Exit: 5.24

MPG

I've had  been in this one for a bit it didn't do much but finally broke out this week.  Volume waned So I'll get out while the price is decent. 

Entry: 18.95(1/23)

Exit: 19.78

4.3% -- I suppose its better than the bank.

Trade Journal, Thursday TWTR, ZIOP, MA, BOX, CDXS, ARRY, TASR

I was traveling so I did not get my Thursday or Friday updates posted.  I added a few positions and closed a few, including AAPL, on which I made well over 100% profits on my calls.

Thursday Trades:
(Friday bars are shown)

TWTR Add: 48.19
(earlier entry, 46.40)  This trade is going proceeding exactly as planned.  Thursday was a "shakeout day" as it took it up and then down $1.00.  AAPL did this as well before proceeding higher.  After seeing the rejection of the downside move again, I added to my holdings.

ZIOP:
My stop was hit at I was out of this at 9.06.  This one has gone volatile.  Unfortunately for me this rallied up 10% from where I was stopped and I missed the run.

Entry 9.55
Exit. 9.06

MA:

MA gor a very nice burst out of consolidation which breaks it out of a wedge.  I bought the March 88calls @ 1.71.    MA was showing some power on a weekly chart as well,  I'm looking for a multi week move to $92-$95.

Weekly:

BOX,
Out of the last 25% of my position as Box faded down to 20.08.
Entry: 19.33
Exit 1: 20.05 (50%
Exit 2. 20.62 (25%)
Exit. 3.  20.08

(Note: BOX is currently consolidating and could present an excellent momo burst setup over the next couple of sessions. )

CDXS:
CDXS is a biocatalyst  company that I've followed since their deal with GSK.   It is still a relatively unknown company but with heavy insider buying.  It recently has begun a breakout.  It has pulled back to where I would expect it to so I bought at  $3.43.

PFNX is recently surging  (7 -13.50 in the last few sessions) which should cause traders to look at other plays.  CDXS is well-positioned has top tier partners..   Stop on the position at 3.

ARRY:
I sold out of this one as it hasn't been able to get going to the upside.  A couple gap fades makes me hesitant.  I'd rather manage risk than wait for the b/o or b/d.

 TASR:
TASR gets in on the action a decent breakout from consolidation but TASR has been prone to some false moves so this is a small position that I'll look to get my stop into the money.

Entry: 27.11.