Friday, April 18, 2008

Open and Close 330 BIDU Put Options

Well, Google earning blow everyone away. When BIDU stock hovering around 333, I got a 330 Put that will expire today at 1.60. I thought it will start going down the hill from then, I was wrong AGAIN! so I finally sell my options at 0.30 a piece. Ended up losing 84.85% in 2 1/2 hour. Arghh.. I rather just gamble and get 500 GOOG call options for 50 cents yesterday duh!

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