Closed All QQQQ and SPY puts position
(2008-08-29 08:42:12)
下一个
Closed All QQQQ and SPY puts position established yesterday.
Also closed POT 170 puts position. Only hold SKF.
QQQQ 47 puts 52% gain
SPY 127 puts 12% gain
POT 170 put 41% gain.
( Note: Option Trading is high risk trading, I don't recommend any new hand to trade option unless you know the risks. And you have very good sence of timing, risk control, capital control and very discipline. I don't encourage anyone to follow the option trading either. YMYD )
Normally I don't hold option through long weekend.
Take care.
Happy Holiday!
感谢了!
The the middle term and long term prediction are time sensitive. Someone asked me if I still think there is rally toward end of year? Yes I did. I never change. There is at least 20% gain from bottom of S&P 500 in that rally. It could be wave 4 counter-trend rally. last 3 months.Start from early Nov. So it could beyond end of year. I will update around that time. But more important is near term. (next two months)