Feed,wfmi, vlo

Sold few shares of wfmi yesterday and took some hefty loss.
I decided to start trading slowly. I thought of buying 100 shares of feed. I placed an order. Then cancelled the order as I wanted to buy 110 shares. Then, bought 110 shares and checked my account. I saw 210 shares of feed in my account as somehow fidelity didn't cancel my earlier order although it gave me the confirmation. I just called it a day as I still need to get balance back. I should have checked my account after cancellation - I am still not as cautious as I should be! Cost basis for feed shares is 4.86.

Update - I also bought vlo 2010 Jan 30 call. I tried to buy solar call without any luck as bid price never quite matched my ask price. I decided not to catch the price and wait.

Bought calls for ung, vlo

Bought calls for vlo, ung for a quick trade. They have been giving me really good profit lately, so I have decided to put more money in them.

Refineries

VLO - It might be breaking out! Or not. This stock is trading between 31-35 forever. I might have closed my position too early if it breaks out tomorrow. I have been buying VLOCC for 3.8 to 4.2 and selling VLOCC for 5 to 5.5. I like the company and I will certainly buy some calls tomorrow if vlo drops.

TSO - I closed my position today only to see it take off even further.

Among others, fto and wnr are attractive. Look at the revenue and market cap of those companies.

TSO

Sold call for tso for $70 profit. (Bought for 2.3 sold for 3). I like tso and vlo but I will wait for them to drop again or break the resistance.

Today's quick update.

In the morning fidelity wasn't accepting orders properly - probably because of overload. So, I was only able to trade for some time and then I had to work. I placed some trades now - too bad, I can't trade a lot today. Anyways, I sold
Mig - 75 shares
VLO - One call - VLOCC
ASFI - 130 shares
I got profit in all of the above.
NDAQ - I sold my call that was expiring today for $60 loss.
I tried to sell my calls for exm, dsx and ndaq but I missed my chances. I have placed the trades and I hope they execute or I will wait for another day to catch the peak.

Update --- That's all the trades for that day. None of my other orders got through.

Fire sale

Or clearance items for expiring-soon products...whatever you are gonna call! With dow down 500 point, I just couldn't resistI bought
Symbol Description Quantity Cost
-TSOBD CALL (TSO) TESORO CORP COM FEB 20 (100 SHS) 1 $2.20
-UNEDG CALL (UNE) UNITED STS NAT GAS APR 33 (100 SHS) 1 $5.00
-SOLDD CALL (SOL) RENESOLA LTD APR 20 (100 SHS) 1 $1.90
-EXMCD CALL (EXM) EXCEL MARITIME MAR 20 (100 SHS) 1 $6.10

I almost bought calls for vlo but too bad, the market closed. Vlo dropped nicely by $5.

Duh!

Friday update -I wouldn't have been able to work on any stocks on Friday, so I had placed the orders before I left. Too bad! Could have got a lot of profit but instead, I had to settle on small profit.
Closed short position on pnra on $100 profit only to see stock going down by $6
Closed one call I had bought(vlo) for $100 profit only to see it rising by $3.

Monday update -
I guess it doesn't matter much as both of the stocks are back to square one.

I need to be careful

I screwed up my vlo play. VLO was nicely up by more than 2$ when I was trying to close the call I had bought(a couple of days back) for some profit. I thought I had placed the order but apparently I hadn't gone past the preview order. Now, VLO has retraced and I am back at break-even. This sucks. I really really to double check my orders.

Bought calls

Bought calls for fto, xto, vlo, ung.

Buy or Sell

With dow down more than 300 points, did you buy or sell? I am betting it will recover some losses tomorrow - so, I took positions in UNG, VLO, SOL. Though, I am calling it a day for today!

VLO - Breaking out?

Vlo broke through 50 day moving average 35.45, climbed upto 35.95 and retraced back. Its going above 35 again. Are we seeing a breakout here?
At least street.com says so
http://cosmos.bcst.yahoo.com/up/player/popup/?rn=289004&cl=9401170&src=finance&ch=633473