Go888Go Investment Website: Fund D Update for 30-Jan

Unrealized P&L of about +$4,489.

Net Asset = $113,196.
Cash On-hand = $118,165.

No new trades.

3 more weeks to Expiry Friday 20-Feb.

DISCLAIMER

Warning :
"It is estimated that 90% or more of people who trade options lose money in the long run" - Jay Kaeppel

While every care has been taken in preparing the information in and/or materials in this blog, such information & materials are provided "as is" without warranty of any kind, either express or implied. In particular, no warranty regarding accuracy or fitness for a purpose is given in connection with such information & materials. This blog is for information purposes only and is not intended to nor will it create/induce the creation of any binding legal relations. The opinions expressed in this blog do not constitute investment advice & independent advice should be sought where appropriate. In no event will the author or any member of the Go888Go Investment Group be liable to you for any direct or indirect or any other damages of any kind arising from or in connection with your reliance on any information in and/or materials on this blog.

OPTION STRATEGIES

VERTICAL SPREAD i.e. Bull-PUT-spread and Bear-CALL-spread.
The trade is setup by selling an out-of-the-money PUT (or CALL) and simultaneously buying a further-out-of-the-money PUT (or CALL).

CALENDAR SPREAD

This is setup by buying one option of a given strike price and expiration month and simultaneously writing an option with the same strike price but a different expiration month that has less time until expiration than the option you bought.

SYNTHETIC LONG FUTURE POSITION

The trade is setup by buying an out-of-the-money CALL and simultaneously selling an out-ofthe-money PUT.

RATIO SPREAD

The trade is setup by buying one at-the-money CALL and simultaneously selling two out-of-the-money CALL.

STRADDLE (and STRANGLE)

Buying a Straddle involves buying a CALL and a PUT of the same strike price simultaneously. Buying a Strangle involves buying a CALL and a PUT with different strike prices simultaneously.

CLICK here for more detail uses of the various Option Strategies ===> CLICK ME

Quotable Quote

Quoted by Good Daddy
It takes 3 days to learn about the basic concept of Option Trading.
It takes 3 weeks to learn about the various strategies of Option Trading.
It takes 3 months of practise to have a good grasp of the Option Trading platform and trying out the various Option strategies.
It takes more than 3 quarters to go through a minimum cycle of Option Trading.
It takes 3 years or more to master the mental and emotional state of Option Trading.

Quoted by Chan ChinBok (former EDB chairman)
"There are 3 words dreaded by any investor - whether it's a portfolio investor, a private equity investor or a foreign direct investor. The words are surprise, shock, and uncertainty."

Go888Go Investment Website

Saturday, January 31, 2009

Fund D Update for 30-Jan

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DISCLAIMER

Investment Funds Objective

Cummulative Profit (US$) Generated by Funds Since 01-Sep-08

Fund Series D US$100,000 (Started 10-Jan-09)

Fund Series C US$20,000 (Started 01-Jan-09)

Fund Series B US$10,000 (Started 01-Sep-08)

Fund Series A US$50,000 (Started 01-Sep-08)

OPTION STRATEGIES

Quotable Quote

CRISIS (Wei Ji)

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