Category Archives: Daily Journal

BIDU is showing some weakness due to some negative reports.  BIDU is a good stock with very strong chart pattern.  This weakness is a good chance to add more positions which I did. Bought BIDU and sold calls (strike $135, … Continue reading →

CRM will release its earnings report on Aug. 19th (Thursday).  I own CRM.  What should I do? CRM has been trading the $140-150 range prior to this recent downturn.  The call option (part of covered call) that I am short … Continue reading →

I am a student pilot.  In today’s lesson on Aerodynamic Decision Making (ADM), the textbook described 5 bad attitudes (listed below along with their remedies) that pilots should avoid.  I found these 5 bad attitudes actually apply everywhere in our … Continue reading →

I have ITM FFIV calls that are due to expire this week.  This week’s weakness should be a good opportunity to roll up those calls to a later expiration date.  Reason: options with closer expiration dates increase or decrease in … Continue reading →

I am currently vacationing in Mt. Fuji, Japan.  It’s such a peaceful retreat.  Taken from the hotel balcony.  We are staying in 月秀峰 湖月Hotel，with private hot spring on the balcony looking out to Mt. Fuji and formal Japanese dinner.  The … Continue reading →

bidu: spread of 125-130 is still a good trade.  bidu has never fallen and stayed below 130 since March.  A put spread of 125-130 gives $1.15/sh; 120-125 of $0.44.  120-125 is a much safer and yet still profitable trade. nflx: … Continue reading →

Well, the Wall Street was a bloodbath this week but my trades were all successful (except one, FFIV whose position I closed before the closing today with a very trivial loss).   I practically doubled one of my trading accounts … Continue reading →

YHOO is another interesting stock with a high TV.  It’s now right on SMA200.  The question is whether YHOO has done selling.  It’s ATM weekly call (16) has 1.3% return and its Jun. 18 ATM call has 3% return.