Wednesday, January 26, 2005

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.

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