Thursday, March 27, 2008

Close April 440 GOOG Put Options & Open April BIDU 220 Put Options

After the result from ComScore is dissapointing. Google drop $12 during market open. I close my options @ 19. It represents 7.59% gain in 2 days, not really a lot of profit but considering I was down more than 20% yesterday, I think I'm pretty happy with it. I could've gotten more if I sell within 10 minutes of market open instead of 5 minutes to see the trend better, but hey it's a great learning curve and so far I learned my lesson and still gaining a modest profit :)

On the other hand, I also bought April 220 put options for BIDU @ 10 a pop. Tomorrow is inflation report and based on the news I read, inflation is crazy in February. So, we'll see!

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