Another great day on trading GOOG (06-03-16 Thursday 1 day before March OE)

火烧日军阳明堡机场战斗总结(GOOG 060316 THURSDAY SHORT/PUT)

八路军战果:(PUT)

战果:烧毁日军飞机24架
歼灭日军守备部队:一个大队(相当于国军一个加强营)

国军战果:(SHORT)
国军卫立惶将军趁日军慌乱之迹,动用国军主力一个军追杀日军,歼灭日军两个团


日军在机场原有飞机100架左右,八路军由于没有汽车只能步行,没能把100架飞机连锅端掉.部分日军飞机起飞去轰炸国军阵地,如果能早到15分钟,战果还能扩大.(PUT价格并没有落在预设价位内,估计有一定误差,大方向做对,后跟进追买PUT)

国军部队一开始没有配合八路军行动(抢BOTTOM FISH),遭到日本空军轰炸有一定损失,后来卫立惶将军果断命令地面部队主力出击日军(SHORT),国军战果最后超过八路军.

火烧日军阳明堡机场的八路军129师独立团顺利返回.

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In the morning of Mar 16,2006 Thursday. Something intersting brought my attention. GOOG transaction is extremly low! It bounced to 348 in the early morning, now it is $344-345 when I get to office at 10:15AM.

I observed for a while and decided to take PUT approache. I aimed at PUT330 and PUT340 which was around 0.8-1.0 and 2.50-2.80. I tried to buy them at 0.4 and 1.6 when they were 0.5 and 1.9, only step away I missed the best buying opportunity.

Starting from 0.5 and 1.9 at 12:55, they started big drop with big volume. I acertain the down trend and decided to catch. I bought PUT360 at 2.8, 2.75 and 2.40 from 13:21 to 13:36. In the mean time I did 2 short sell from 344 down to 343.78 winning $40.

At the time around 1:50, I saw little sign of "UP" and "bounce" (OOPS, actually it is my thinking of SWING TRADE, I didn't truely believe it may drop under 340). By this mood, I decided to catch bottom fish when GOOG dropped under 343. I bought first 100 shares at 342.98, second 100 shares at 342.50 and third 100 shares at 341.60. In the mean time, I try to play both-end catch option strategy that I bought 1 CALL350 at $1.5 When I saw it continued droping and broke down 341, I made cut-loss decision to sell these 300 shares are 341, 341 and 341.18. This round I lost
(34100+34100+34118)-(34298+34250+34160+3+3) = -396

I lost $396 in this "catch bottom fish attempt". Fortunately enought that I made very couragouse CUT LOSS DECISION which I rarely made before. This is first SHINING POINT TODAY!!!!

I also cut CALL350 at 1.30 at market price. It gave me $20+2 = $22 loss.

I am glad it dropped again under 341. When GOOG bounce back at 341.50 twice at 14:29 and 14:31. I was not fooled by MM again. I shorted 200 shares at $341.50 at 14:29 and 14:31. THIS IS SECOND SHINNIGN POINT TODAY.

At this time, my balance is at the rim of margin call (I call hold 200 DIA and 100 BIDU, 100 NVDA). I decided to release fund from NVDA first that I took profit of 90 from NVDA. and cut loss of $92 from 200 SHORT of DIA. Thus I can hold my SHORT positions.

At 2:40PM, huge sell pushed GOOG down under 340 around 339.5. My new SHORT position will almost replenish my loss in CUT-LOSS!. I wait to cover my short when I won totally. I didn't sell these 200 even at the end of session when GOOG hit 338.77. I found it slipped AH. I sold these 200 at 338.38 and 337.88 which just made my account exceeding 48000.

48000 is a milestone in two aspects:
First, I recovered from BIDU/SNDA ER nightmare, I recovered $8500 in 13 trading days!
Second, 48000 has 4000 surpass on my most recent add-on balance of 44000 when i added 19000 after my failure on BIDU last autumn.

Ending balance: 48009.66
Ending positions:
-101 DIA
100 BIDU
200 INTC