Before I went to sleep yesterday, I set orders to sell my FSLR and GRMN @ 5 each contract. This morning a huge pop for FSLR and my order got executed for 6.50, not bad to get that extra money. I considered myself lucky since I feel regret I didn't sell the FSLR call @ 5 when it reached 5.10 high 2 days earlier especially when FSLR was dropping 20 dollar yesterday. Overall, I lost 73.39% on my FSLR call in 11 days period. I really cannot predict the stock movement anymore, it just went up and down big time. The technical shows that the stock supposed to go down but looks what happen today? luckily I didn't get any short position yesterday. I guess I will just see how the stock movement for the next couple days before jumping in again.
On the other hand, I sold half of my GRMN position and it was executed at day high at that point, it represents 40.70% profit in a month period. I know that I should sell @ 7 when it make more than double about a week ago. Gotta learn not to be a pig next time so I won't get slaughtered. I also sell my LVS June 70 Call @ 2.95, it represents 31.82% profit within a week.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment