Sunday, January 3, 2010

Week of Jan 4, 2010

First of all, I would like to wish everyone a Happy 2010. I hope your wishes would come through and have a great time making profit trading.

I been out since early December. To summarize and update my status.

1. 12/17/09: Close my STP Dec 16 Put which expired worthless. I opened this at $2.05 back in Oct. All in ~ 5.7% gain per month.

2. Here are my current open trades.
- AIG Jan 35 Put ($5.95) - Last traded at $5.3
- AIG Feb 30 Put ($2.93) - Last traded at $2.76
- STP Jan 15 Put ($1.86) - Last traded at $0.18
- STP Feb 16 Put ($1.2) - Last traded at $1.11

Well that's all for now. Hope I could close my STP Jan 15 fast if the trend continue to be going down.

I am still on target achieving at average 3% return/month since I started last July. I hope this would continue.

Happy trading everyone.

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