Tuesday, February 5, 2008

Bought 2 contract of Call options on BIDU @ 5.50

It's a sell-off today, the DJI goes down almost by 300 points. In the other hand, BIDU will report earning next wednesday. Therefore, I bought 2 contracts of 300 call options for 5.50 each. Usually, before the earning, it always goes up and I might sell it just before the earning.

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