Monday, October 29, 2007

Defining Strategy

So, as VMW illustrated. Iʻm not bad at my picks. my execution regarding short-term stinks. so what to do? Treat my positions as regular stocks... ups and downs but trending up.

With that in mind... i bot AAPL Dec175calls@16.5...
I also attempted RIMM Jan125calls@13.65, but failed to bid up quick enough...

I have my spec BIDU Nov470call left in play. why not?

So as for this day... whatʻs my option strategy?

IN the money calls 2 month+ expiration...watch...let it ride...
OUT of the money calls - 1 or 2 days before earnings or expected news...
China & Energy will all be longs. I will do my homework... tho i could just get FXI calls for china if iʻm too lazy

No comments: