Saturday, November 8, 2008

Investment Fund Series A Update for Fri 7-Nov-08

Reached home at 11:45pm after the whole day personal training today. Two more full training days to go on Sat & Sun.
No trade this week. There will be no trade next week as well. Stop-lost order is still in place till end of next week.
If things turn out as planned, profit for this month will exceed the US$5K goal.
For the conservative strategy deployed, no active trading is needed.
At 11:33am EST, MS is at $16.12. Option positions unrealized PnL is +$6,451.

Wednesday, November 5, 2008

Investment Fund Series A Update for Wed 5-Nov-08

No trades over the past few days. Profit plan for this month likely will be achieved.
At 9:55am EST, MS is at $19.09. Volatility continue to drop to 112%.
Option positions unrealized PnL is +$7,351.
Will be attending personal training from 9am to 9pm this Fri to Sun. And traveling on business trip the whole of next week. Will just put in a far-out stop lost guard for next two weeks.
For the closest option position (strike 12.50) to lose money MS has to drop from $19.09 to $10.85 (i.e. 44%) or lower over the next 16 days till 21-Nov. Probability of keeping the full targeted profit of $8,350 is still high.