Tuesday, January 31, 2006

总算猜对了一次ER

自打认真炒美股以来,以前每逢ER我就犯晕,以前在LEXR,SNDK,NVDA的ER上伤痕累累.加上在DIA和GOOG,BIDU股票若干次失手,差点让我隐退江湖.

两个星期前的GOOG我横下心,买了一堆(40个)GOOG 440 430的PUT,可惜倒数第二天,实在忍不住了,抛了38个,就只有2个440的OPTION在GOOG跌到$430时出手,错过赚14万的机会.

这次总算让我想对了,今天GOOG 上冲,感觉是大户出货.在GOOG$436时,把所有LONG的POSITION卖掉.

Sweet day Jan 31 sending GOOG to hell

I made excellent decision today to keep all my put position and sell long position before ending.

I sold 100 GOOG at 436.28 before closing, although I lose $1370 at this position. it could turn much bigger loss if I keep it.

My 4 $390 put and 2 $380 put are kept in hand

What an exciting news! GOOG missed target a lot! It dropped to $350 after hour.

I could win a lot if GOOG sit at $350. It bounced back to $380 at the end of AH. It is a pity I can not trade option AH.

I will focus on tomorrow's trading

If 390 PUT is $35 and 380 PUT is $25 tomorrow. (Suppose GOOG sits at $380)

My earning would be : P(380) = 200 * (25-8.5) = 3300
P(390) = 400 * (35-11) = 9600

IF 390 PUT is $65 and 380 PUT is $55 tomorrow. (Suppose GOOG sits at $350)
My earning would be : P(380) = 200 * (65-8.5) = 11300
P(390) = 400 * (55-11) = 17600

Friday, January 20, 2006

I had better add some fund to bet such put chances

Need to fund my acocunt to have such put bet

Why do I miss a fortune

1) Human nature of "fear"
2) Human nature of "greed"
3) Lack of fund to "bet" (If I have over $50000 in my balance, I could bet $8000 on options.

I should be a hold trader

I found I am not a good short term trader or trend trader

I found
1) If iI trade and change hands within a day, 40$ chance I win, 60% chances I lose.
2) If I trade and change hands less than 3 days, most likely I lose big.
3) If I can hold stock or position (when no margin call is issued), 100% I win big in 3-12 months.

Miss chance of winning $140K

I used to have following positions
1) 27 GOOG JAN06 $430 PUT cost was $1.5 each
2) 17 GOOG JAN06 $440 PUT cost was $2.65 each

My total investment was ( 27*1.5*100 + 27 ) + ( 17*2.65*100 + 17)
= 4077 + 4522 = 8599

What if I kept them at the end of today (Jan Option Due, Jan 20,06).

GOOG Jan06 $430 PUT is $31
GOOG Jan06 $440 PUT is $41

Total value will be:
(27*31*100-27) + (17*41*100 - 17)
= 83673 + 69683 = 153356

The missed profit = 153356 - 8599 = $144,757

My $433 short in Ameritrade

I was so regret to short GOOG at $433 at the second/third trading day this year, after that short, GOOG jumped way up continuesly until $478 which almost kill my $433 short position. Luckily enough that I only use 20% margin, so I don't have to cut loss. I just leave this "regret short" in my "closet" for 2.5 weeks. It is really amazing GOOG even drop below $400 while GOOG started at $440.

GOOG dropped way down like a rock without any strong resistance.

I add "$420 cover buy at beginning", then when I found GOOG approcahe $422, I knew soem big thing will happen, and I cancelled the order. It dropped to $407 after lunch. then I add "$407.28 cover 50 shares order" to cover this position.

So my profit in Ameritrade for 50 shares of GOOG is
$433 * 50 - $407.28 * 50 - $10.99 - $10.99 = $1264.02 almost 8% of my fund.

It is so strang I even make 8% of money in an account with much less fund than my big account (IB).

Anyone who traded puts today...

...must have the orgasm of his/her lifetime. Look at the stats:

Strike---Low---High---Percentage difference

440--45.00--2.55--1,764%
430--34.90--0.40--8,725%
420--25.00--0.05--50,000%
410--15.30--0.05--30,600%
400--5.00--0.05--10,000%

Those numbers are simply un-fucking-real. Had you bought the 420 put at the beginning of the day for $0.05 and held on to in until the end of the day, you'd still get $20.80 for the contract. $1,000 would have bought you 200 contracts at the beginning of the day, excluding commissions (on Ameritrade that would be $160.99 in commissions). At the end of the day, those $1,000 would have turned into $416,000 (!). At the high of $25 for the contract, the value of the 200 contracts would have been $500,000 (!!!).

$1,000 could have made you half a million dollars. This is the most unreal shit I've ever seen here. Wow. Just wow.

Thursday, January 19, 2006

What an exciting and pity option trading

I bought 27 GOOG $430 Jan06 put and 17 GOOG $440 Jan06 put at the time when GOOG was $450. My average cost of $430 is around $1.5 and $440 is around $2.6

GOOG used to surg to $470 which make these of my put position almost to <$0.5

Yesterday after previous day's YAHOO/INTEL's bad news. GOOG drop to $444, which lit my hope of recovering. At the closing of Jan 18 (3nd day prior to option due day). $440 put was priced at $2.8, I make even and earned a little.

2 days left, I was expecting GOOG to drop to $430, if I keep all my position, I will profit $20000. While at the opening of today (Jan 19,06), GOOG raised a lot hitting $453. then the $440 option price drop to below $1, which makes put owners very anxious of these fate. so do I. "FEAR" push me to get rid of these ASAP, just 1 day left before due. So I sold all my $430 puts and 15 $440 puts.

Market is green and bull. But Miracle happend that in the last 2 hours, GOOG sank from $449 to $433, but I only have 2 position left. What a pity!!

What if I do something else, so 17 $440 put call give me extra $6000 profit! Pity!

Tuesday, January 17, 2006

Goog burble bursts as expected

COOL!!!!!

Sweet! Goog down $15 after closing

Monday, January 16, 2006

Market is closed for M.L.K day

M.L.K mans Martin Rud King

Sunday, January 15, 2006

000063 slides

again. sweet!

Thursday, January 12, 2006

ZTE drop as planned

ZTE droped to RMB28. Good to sell when it was above RMB29.25

GOOG drops as I expect

GOOG dropped to $461 as I expect. Sweet! I save something from $430 Jan06 option.

Wednesday, January 11, 2006

What a correct decision made on 000063.sz

I have perfect feeling of Chinese stock market trend. Take ZTE as example. It makes sense it catches up with previous price when "10 send 2.5" is granted to public shareholder. But the enterprise shares(state owned + some mized shares) will have heavy pressure at $30 after dividend share is granted.

I sold at 29.265, now it is 28. What a play

Bad day GOOG is still high

I didn't have chance to exit GOOG short position. I missed 2 chances in the past 2 days which can lead me back to $38100 (-

NT rises against my wish

NT rises to US$3.36 which is a little opposite to my expection. I removed all my NT position at US$3.30. Earned 2% less! (-

Tuesday, January 10, 2006

Wish GOOG drop like a rock

It seems to me my dollar watch curse works so far.

Monday, January 09, 2006

10 highest rated stocks under $10

http://biz.yahoo.com/special/low0109_06.html

1, Silicon Precision Industrial Ltd (SPIL)
Semiconductor assembly instruments

2, Nuance Communications (NUAN)
Speech recognition

3, Englobal Corp (ENG)
Consulting company for petroleum refining, piping

4, GEOI

5, AEY

6, RWC

7, HOM

8, AOB

9, DIET

10, LPSN

I need to drop abandom my good watch for a while

It is really amazing that I almost earned $10000 more at the beginning of the year. It is a shame I didn't take full use of this luck, instead I turned to $3000 lose. Since I kept so many put/short position of GOOG today. I hd better not wearing my new good watch.

I found every time when I wear or replace a good watch, market is upside; everytime when I wear dollar watch, or inaccurate watch, it is bear market. I will wear dollar watch tomorrow to see waht happen

Dump NT today

Sell off all my Nortel position and take profit. NT doesn't look good today.

Kellysearch & ThomasNet

Kellysearch: Product and company search, not so many results generated.
ThomasNet : Similar Product and company search,

Something phishing here in NT stock

US$3.41 now, do I sell it? My gud feeling say "yes", how could I prove it?

Google's trade marks

Google
Adsense: For web owner and individual to own extra money
AdWords: For advertiser to publize its products
I'm feeling lucky: unknown
PageRank: Technology to sort searching results
Keyhole: Unknown

Unregistered:
Blogger
Orkut.com
Froogle
Gmail
Picasa

Need to study these funds

I need to figure out and sort these funds

=====================================================
MB Money Market 0.3000 2.7000 2.7000 3.2000
MB Diversified Value 2.1000 13.7000 13.7000 10.4000
ICM Balanced Fund 2.2000 10.1000 10.1000 8.0000
BCE Stock Fund 2.5000 -2.2000 -2.2000 -19.9000
Nortel Networks Stk Fund 5.3000 -14.7000 -14.7000 -40.4000
PH&N Cdn Eq Plus Pension 3.1000 15.6000 15.6000 5.8000
Montrusco Growth Fund 4.5000 23.5000 23.5000 16.9000
Tmpl Global Stock Trust 3.2000 6.5000 6.5000 1.4000
PH&N Bond Fund 0.8000 7.0000 7.0000 7.7000
BGI S&P/TSX Comp Index 4.3000 24.0000 24.0000 6.4000
BGI US Equity Index 0.0000 2.0000 2.0000 -4.6000
Laketon Global Equity Fd 2.6000 2.6000 2.6000 -8.4000
======================================================

Sunday, January 08, 2006

Take profit from 000063.sz

Take profit from 000063.sz

3750*29.26 - 3000 * 28 = 25725

Thursday, January 05, 2006

So bad so bad goog breaks again

What if I keep my 2005 year end position?

Long 100 --- potential gain 3500
2 200601 $450 Call? --- potential gain 500

Be a dead SHORTs of GOOG

Clean all other positions of other stocks.

All the position I have now 050105 is SHORT/SELL position of GOOG.