1/31 trading

Cut OSTK options at loss. Didn't get up early. Could have sold for profit.

AAPL strong. Regret didn't buy more.

1/28 trading

Bot back AAPL calls I sold 2 days ago. It's strong. and it proved to be wrong to sell it.
Will give YHOO 2 more days. If still weak, will cut my options.

ATVI is pretty strong. hold pretty well around 22. It reports earning on 2/7.

Gamble on OSTK once, bot Feb 55 calls. Catching falling knife. Try my luck.

1/27 comments

Sold NVDA proved to be a big mistake.
bot YHOO also a mistake.

FFIV weak, it's going to fill the 44-46 gap.
NTES resume its down trend. shit, didn't put on rebound. my fault.

1/26 market review & actions

Got up later.

Missed EBAY, GOOG, MACR which I picked up last night. sigh.

FFIV is hard to predict. IMO, the percent of institution hold is too high(95%). I believe some will reduce the position. In this case, it's hard to up. But for same reason, it's easy to manipulate. and with high short interest. It might spike up some day, which is the time to short.

Sold most ATVI options, it moves too slow. Sold all NVDA options, it's relatively weak.

Biggest mistake is missed MACR. Its option is cheap as IV is low. even point ascpect it's not up so much, the option can easily double, while GOOG option may not double though its stock up more.

Bot some YHOO 35 options. 34-35 is kind of strong support for YHOO.

1/25 market watch

Naz hounds around 2020 most of the day and closed at 2019.95, amazing.

this might be a short term bottom. and we need see the late development. Current place is extremely important IMO. down another 30 points will make it confirmed downtrend. while rebound up will mark it as correction. The chance is a sliny favor to down side.

GOOG down to as much as 176 today and EBAY breaks down 80 for short period. They acted just I predicted on MITBBS: long ATVI, AAPL, NVDA, short EBAY, GOOG, NTES. in which only NTES goes to the opposite of my prediction.

After hour, most companies reported good earning. ERTS up, which in symphany ATVI up 30c. GOOG up $2, EBAY also up, the reason maybe people expecting market up tomorrow and these two will up more from oversold condition.

After hour, NQ is right at 1500.

Stocks to watch:
1. MACR, it holds abpve 30 after gap up several days ago. need to see if the gap will be filled or a run away gap.
2. GOOG, it might form a reversal at 180 area.
3. EBAY, it might hit short term bottom. But it has more down side room, because I believe some institutions started to dump EBAY with its limited growth.
4. FFIV, watch if it can break up resistence at 50 or head down to fill the gap.

1/21 trading record

in the morning:

closed YHOO calls at 0.65. lose 1.1 for each call. 奶奶的

NTES puts closed too early. the downtrend just started. more down ahead.

NTES review

Today NTES down 2.5 (as of 3:22pm)

More down ahead.

And bot Feb 45 puts at 1.95. damn expensive.

亡羊补牢

教训: 昨天没买NTES puts.

Edit at 3:54pm:

Sold puts at 2.10

NTES seems strong. should be because of high short interest.

Edit on 1/21:

他妈的, PUT又卖早了. NTES今天又爹两块.

NTES research

NTES already penetrate 50 SMA, and touching 50 EMA.

Ususally after stock 击穿 50EMA, it will accelerate to down.
and based on SNDA's action, it shows MM are supporting NTES.

but in this market, I don't believe it can hold long.

So it's a put candidate IMO. The only concern is the high short interest.

review about my post on GOOG yesterday

regretly that I didn't buy GOOG puts.

GOOG double head formed. expect more down ahead.

some thoughts & actions on EBAY & FFIV

closed FFIV Jan 45 puts at 2 when stock is 44.5

The reason is that the premium is too high considering there's only 2 days to expire.

FFIV reported good earning after hour. stock rises to 47.4 after hour.

EBAY misses. stock gets 10 points dive after hour.

when last week EBAY raised fees, I should have put it. It shows that EBAY cannot find enough growth but has to squeeze profit out of poor sellers on its website.

From chart, EBAY form a roll over U head. expect down to 70 in 2 months.

1/18/2005 trading record

before close get 20 YHOO FEB 22.5 calls at 1.75. YHOO close price 37.18.

ER after close. Beat 2c. AH up around 60c

Also, hold 20 FFIV Jan 45 puts(bot 1/17/2005). under water. and in danger.

1/18/2005: 52 week high, home builders & retailers

Copied from etrade, record here as history reference:

Homebuilders and retailers lead the new 52-week high list. Tallies so far today for new highs vs lows are 133-21 (NYSE) and 83-22 (Nasdaq)... Sectors with good representation on the new high list today include Retail (BBW, BGP, CHS, CULS, CVS, JCP, PLCE, TOY, WAG), Restaurants (BWLD, CHKR, PNRA), Homebuilders (BZH, HOV, LEN, MDC, MHO, MTH, NVR, PHM, RYL), Steel (CLF, CMC, NX, OS, TONS), Stocks Under $10 (ASTM, AVN, BTN, CECE, CULS, CYCL, ESLR, GFX, GMXR, NOVA, OBIE, PRZ, RTK, SEGU, SPTN, SYNM, TACX, TAXI, XNR).

covered 40 ATIV Jan 22.5 calls

cover some, in case it spikes up.

Edit:

MM just black. ATVI has very high possibility to close at 22.5 on Fri.

Edit:

ATVI closed at 21.53 on Friday (Jan 21)

GOOG show weak sign

after 2 months bull run, GOOG show weak sign. It seems cannot break all time high at 203.64

looks like an exausted run. I expect it pull back to ~185 in short term.

long term, its chart still very bullish. I believe many chart readers reach the same conclusion. that could support its price in long term.

my opinion, wait to buy on dip. I might set up some spread on dip.

Edit:

GOOG just breaks all time high. see if it can close above it.

ATVI

this is a test post.

Currently I have 100 ATVI May 2005 strike 20 calls.
also, shorted 100 ATVI Jan 22.5 calls.

and I have 10 Jan 2007 strike 20 leap. will hold for 2 years.