Trading Diary - Week 1
A new feature I hope will be pretty regular on the blog this year is an in play trading diary with summary and notes on my own personal trading exploits and some fixed odds activity. I'm going to start this week with what I've been doing in the early rounds at the SA Open. Predictably it's not been a great start......
SA Open
Here I managed to catch a half decent exchange price on Lee slattery while Gregory Bourdy drifted to 38.00 on the Wednesday so I went in there. It was a toss up between JB Kruger and Hennie Otto and if I'd gone for the former I'd be out now for profit. Instead I opted for Otto. Kruger was matched for 4 figs at 70.00 and has traded already at 10.00 and lower.
I took my stake back on Bourdy after R1 and put it on Keith Horne who had an early tee time and I got average odds of 47.00 which were very generous. As long as Van Zyl and / or Grace don't go mad on their back 9, I will get out around break even for the tournament (trading wise)
I had a decent top 10 bet on Van Den Berg at an overpriced 14s that's not looking good. I also had a late top 20 bet on Tjaart Van Der Walt at 10/1. Hit or miss but i thought these odds were huge so I actually availed of a free matched bet deposit for this. He's currently +1 after 36 holes but not totally out of the top 20 running.
Hyundai Tournament Of Champions
I got in from my regular Poker game around midnight on Thursday to see that by big "speccy bet" Padraig Harrington was coming up trumps. As mentioned in my preview I just thought he was a perfect fit for Kapalua and he was actually leading on -4 when I turned on the live pictures. He didn't produce the big finish that Spieth or Reed did unfortunately so it was a narrow miss on the 80s first round leader (EW). I have a top 10 bet there and decent green on the exchanges and at -3 he's still in it.
As far as the main bets go for trading purposes I've recouped most of my liability on Thomas and Walker who both could have been better themselves. Walker bogeyed the par 5 18th while Thomas missed a tiddler for birdie and both also sit at -3. With Spieth and Reed at -7 and -8 respectively, I'v traded out.
I've come back in the market in round 2 with average prices of 25.00 on Holmes, Snedeker and Danny Lee - all big prices due to the guys at the top. In reality though, with all 3 sitting on -6, we should have a free bet here if trading after 36. Unless Spieth or Reed go mad, I just need 1 of the 3 to hit a decent round to be safe. Any better and I'll be looking at profit on that play - albeit probably only profit that gets me out of the week 1 hole.
SA Open
Here I managed to catch a half decent exchange price on Lee slattery while Gregory Bourdy drifted to 38.00 on the Wednesday so I went in there. It was a toss up between JB Kruger and Hennie Otto and if I'd gone for the former I'd be out now for profit. Instead I opted for Otto. Kruger was matched for 4 figs at 70.00 and has traded already at 10.00 and lower.
I took my stake back on Bourdy after R1 and put it on Keith Horne who had an early tee time and I got average odds of 47.00 which were very generous. As long as Van Zyl and / or Grace don't go mad on their back 9, I will get out around break even for the tournament (trading wise)
I had a decent top 10 bet on Van Den Berg at an overpriced 14s that's not looking good. I also had a late top 20 bet on Tjaart Van Der Walt at 10/1. Hit or miss but i thought these odds were huge so I actually availed of a free matched bet deposit for this. He's currently +1 after 36 holes but not totally out of the top 20 running.
Hyundai Tournament Of Champions
I got in from my regular Poker game around midnight on Thursday to see that by big "speccy bet" Padraig Harrington was coming up trumps. As mentioned in my preview I just thought he was a perfect fit for Kapalua and he was actually leading on -4 when I turned on the live pictures. He didn't produce the big finish that Spieth or Reed did unfortunately so it was a narrow miss on the 80s first round leader (EW). I have a top 10 bet there and decent green on the exchanges and at -3 he's still in it.
As far as the main bets go for trading purposes I've recouped most of my liability on Thomas and Walker who both could have been better themselves. Walker bogeyed the par 5 18th while Thomas missed a tiddler for birdie and both also sit at -3. With Spieth and Reed at -7 and -8 respectively, I'v traded out.
I've come back in the market in round 2 with average prices of 25.00 on Holmes, Snedeker and Danny Lee - all big prices due to the guys at the top. In reality though, with all 3 sitting on -6, we should have a free bet here if trading after 36. Unless Spieth or Reed go mad, I just need 1 of the 3 to hit a decent round to be safe. Any better and I'll be looking at profit on that play - albeit probably only profit that gets me out of the week 1 hole.