Stock Options

今日上午做左
一手short call @32 July 收0.45
一手short put @30 July 收0.53

暫時整個 七月2628 係咁:



我驚佢升多過驚佢跌.....雖則我有錢接貨或者放貨
好似做得太多trade ........不是好事
近排太得閒..係公司去以光明正大望住d 股價...悶到傻.....假如返工可以咁人工又ok 真係爽

我個straddle 蝕緊.......可能止蝕算...輸四千幾五千...或者同4張short put 25蚊一齊cut
今日期指成交好小, 有點似乾升.....

速寫 + short call 2628

趕住訓，但有點靈感，快快drop 低。
1) 今次股市應該會係油, 金, jpy 先行。
2) 大家要望實，佢地可能會回，美元會轉強。
3) 美元轉強係因為美國的發國債，之前已經有提及。
4) 美國要有錢救市，一定要有錢，所以佢地應該係現在開始出bad news ，令到d 資金去返美國國債，當d 錢流入，咁美國政府就有錢做野出第二個救市方案。我估應該係第三季中後期。
5) 要救市，最好的方法係大興土木。
6) 三月個時用通脹來做籍口，抄個市上去，現在又用香港資金好流入等等。我估美國/ G8可能知道個經濟更本唔係想像咁好，要用新有一輪救市方案。這個問題可以睇返美國的M3/ saving rate，任總的言論。
7) 因為要有$ 同要救市，油，金, fx 都有變化，估計大市很難創新高。但今次下跌我估係最後大市上車的機會!!!通脹不會咁快來，趕住買樓的人要小心

今日下午short call 2628 @ 31 一手收 $419 (已扣手續費)
我覺得輝立每次$100 好貴.......勝在個系統都穏定
用咁耐都未down 過，因為平手續費個d 網上成日話down 機

期指終於去返八千張以上，係星期四佢開左成五千張八月，唔通預示會睇到八月去到五萬五?
我諗大市終於有方向。睇下之後個幾日點行就知。

Short 2628

today:
short call 2628 @31 $0.77
short put 2628 @30 $0.9

portfolio:
sc 2628 @ 31 Jul
sp 2628 @ 30 Jul
sp 2628 @ 29 Jul *2
sp 2628 @ 25 Sep
sc 941 @ 75 Jul
sc 3968@ 15.38 Sep <-- 集資，睇來應不會大升...希望快d 跌到OTM
damn......the news is fake !!!

後話:
今日2628 成交咁鬼高，人地跌佢升咁多，我諗有點事。好定壞就真係唔知，要留意一下。

How to Rescue my Straddle???

This situation is now my 2628 Buy 3 pairs of Long Dec @30 straddle which are losing money. Now is losing around $3xxx. The IV is diminishing and today the IV is just slightly back to 40. The time decay kills my portfolio. The question is how to rescue my straddle?

My thought is this:
1) short more options to gain time decay value.
2) cut loss. This is not my type and I am still patience.

so the strategy shall use option 1:
to do this I have done short put
July @ 29 * 2
Sep @ 25 * 4
it is called (Reserve) Ratio Calender Spread/ Calender Straddle.........

Check these out..........good posts
http://www.elitetrader.com/vb/showthread.php?threadid=127805

http://www.elitetrader.com/vb/showthread.php?s=&threadid=131673&perpage=6&pagenumber=5

http://www.theoptionsguide.com/calendar-straddle.aspx

http://www.elitetrader.com/vb/showthread.php?s=&threadid=167252

I thought the market will rebound tomorrow and then drop back, so i didn't do any short call. Now the ADR is dropping, the situation is not good for me, cos i didn't hedge my portfolio. The HFI OI is increased, vol was slightly increase in morning session and relatively small in pm session which was the rebound.

倉位

暫時做左:
sc July 941 @ 75 收 2.91
sp July 2628 @ 29 收 0.91
sp July 2628 @ 29 收 1.9
c Dec 2628 @ 30 <> p Dec 2628 @ 30 (套straddle 蝕緊 0.85)

finally, got sometimes. My boss not in office. Today US dollar goes strong, that's why 2899 (gold) dorp and the HK stock market not doing well. The down trend might develop, let's how is going later.

忙到傻

近排真係好忙，連股票都無時間睇。就係因為咁，唔努力理財就財不理你。講返我今個月股票期權成績先:

3698 SC * 5 @ 14.61 $0.8 因為DIMT 所以蝕8847.5
馬上係六月尾開 九月的 3968 SC * 5 @ 15.38 收 10331.2
咁個動作叫roll forward / 無限復活...就睇下我復唔復活到.....

2628 sp @ 26 賺 960
2628 sc @ 32 * 2 賺 1600
2628 @ 28 straddle 賺 4500
total = 4500 + 1600 +960 - 8848 = -1738

我睇淡七月，會等待機會，近日連股票都無睇，真係你不理財，財不理你，大家切記。

好耐無寫blog

好耐無寫blog，因為掛住找工。結果今日interview氣死我，不過係到唔講了。

講返大市，跌，我估未完，就係咁。會入貨，2899 真係衰左，唔理。牛市目標347。我何能要俾人使放3968的蟹貨，會蝕三萬? 不知道，大約係咁。多左的錢可能會入347，老實說，我睇好
347 > 939 > 2628 > 941, 3968 > 1800 , 2899

而家我的straddle 都係輸緊錢，真係氣死我。

有幾樣要講講，今次發現期權係要每日睇住，我發現佢可以睇到大戶行踪。遲點發表下我的心得。暫時高位191xx 行2500點..大約166xx，睇下準不準吧。


近日發覺有樣野叫decision tree ，名就係人都知，但真係計係上來好難，睇下可唔可以用係投資到。

今日動作

沽了347 賺 13.38-12.6 * 2000 - 250 = 1300

目標無變...十手2628
做左sp @ 25 Sep 四手 收 0.9 * 4000= 3600

公司blcok 左我login 去自己個blog..激死

期權倉:
sp 2628 Sep @ 25 * 4
sp 2628 Jun @ 26
sp 2628 Jul @ 29
sc 2628 Jun @ 32 * 2
c 2628 Dec @ 30 *3
p 2628 Dec @ 30 *3
sc 3968 Jun @ 14.61 <--重點: DITM - Deep in the money

遲d 攪攪個941 同1800

之前入的2899蝕緊...同我的蟹貨一樣...唔理

折倉

今日平左 2628 @ Dec 28 蚊的straddle 4 pairs
賺
Put 28 Dec = 2.47 - 3.26 = -0.79
Call 28 Dec = 5.26 - 3.23 = 2.03
==> win = 1.24 * 4000 - 400 = around $ 4500

其它倉不理....今日可能高開低收...對下星期股市不利
加多一句，昨日期指未平倉合約小4xxx張 + 期權 d put 多個 call

2899.hk

today I bought 2 hands 2899 @ 7.41
just thought gold will break 1000 within 6 months.
quite a medium term investment


347.HK is good value by fundamental analysis
this company will maximize it productivity in the near future.
this is my bull trend pick. I only got 1 hand. I may sell it later. If the interest rate is increase, all the commodity will drop and this 2 company maybe underperform. I need to think think about this situation and plan my accumulation.

建倉

今日入左 short put July 2628 @29 收 1.91
之後下午入一手347 @ 12.6
唔係太驚佢大跌

再做 Long Straddle

今日再做三對 Long Straddle:
Buy call Dec @ 30 $3.74 * 3
Buy put Dec @ 30 $3.78 * 3
IV 大約係41-42

今日做係博會爆邊，暫時做左NR5 , d range + vol 都細左
下星期美國會改指數股份＋　hsi 都會 + 賣美債．．．．
所以博佢爆邊．．．．．

Short Call

今日我出左去做野，我的經紀(朋友) 打來，問我平唔平我的straddle，可以賺四千幾，我當時諗諗下唔平。走左去做short call 2628 June @32 兩手 收 0.86 * 2000 - 100 -2 =$1618

唔平係佢再上的話係可以賺多點，做short call係破$32 的話我可以賺更多，唔驚。跌的話暫時應該睇$29 到平倉，加上我的short call 會變得更安全。暫時個straddle 好掂，如果今日收市市價計有機會賺三千五(扣左commission)

佢話我做左之後幾分鐘個options (莊) 就唔開價，甚至係其它 stock options都係，之後大市就真插五百點，佢都唔明，你都唔好話。

之後佢個total loss risk tolerance 我諗我可以諗諗，暫時諗落係work的。老實說，我有一筆錢係個a/c到，但無用到，技術+心理問題，佢個計劃應該有得諗。實行個時再post，我自己都要計計，順便改善下自己。而家我睇係大型上落市，成交最好變細，之後又會爆邊

倉有:
正股 crab 貨一大堆
2628 sp June $26
2628 sc June $32 * 2
3968 sc $14.61 * 5 <--這個暫時嚴重價內，有問題
2628 Dec $28 call * 4
2628 Dec $28 put * 4

再講，今次 straddle 做得幾好 IV算低，而家IV已經微升但都唔算高。我以前睇指數options係睇個大OI倉位算，諗諗下如果IV低大戶會唔會係買，而前個排IV高，大戶係做short呢? 情況大約係IV 40左右係分水嶺?

近日又好似見到遠期stock options的put 係較平時貴d，唔通代表未來會大跌/ 跌的機會較高? 香港的put感覺上好似係IV高d 的。

有機會的話我會再用straddle + 我自己的 NR7 / spring coil 。 自己search 下個blog la...

Long Straddle

今日做左2628 long straddle:
Buy Call Dec @ 28 $3.26 * 4
Buy Put Dec @ 28 $3.23 * 4
合共用了$25960

就係咁樣....點解唔到short ? 因為IV底
止蝕應該係30%
$28 係上落區域的中間，應該無問題
平時就用short 來賺時間值

幸運之神

今日隻眼有事，無返工，不過唔係乜大件事，大家放心。十一點幾俾老細打來嘈醒，打開電腦後馬上睇下個事。嘩，升成八百幾點，唯有快快平倉，因為可以有息收。

平左941 sc 72.5 May $0.89。即係 1.71 - 0.89 - 0.4 - x = 賺 $190 左右。
真係少中之少，差不多白打工俾輝立。不過都夠食飯.......結果我又係未死得.....hahahaha

暫時股票期權倉得返
3968 June @ 14.61