Stock版 - racoon' Investment Update, March 2015 |
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r****n
发帖数: 163 | 1 Mar. 2015
SPY returned -2% in March 2015, leaving the 2015 YTD almost flat. My
portfolio also
suffered a big loss due to outsized put option on BABA. I entered the
position in late Feb.
expecting BABA to sell off when lockout period ends. The put option worked
fairly well
at one point, which generated about $7K profits and boosted my portfolio to
above
$120K. However, I did not take profit and increased the size of the bet
twice. It
turned out BABA rallied on March 19 and 20th, which wiped out all my profits
and
resulted a net loss of $4K.
Lesson: Greedy and fear are two enemies of a trader.
Date Cum. Ret. SPY Cum. Ret.
12/10/2014 0.00% 0.00%
12/12/2014 -0.52% -1.11%
12/19/2014 1.79% 2.22%
12/26/2014 3.28% 3.17%
12/31/2014 2.92% 1.73%
1/2/2015 2.63% 1.68%
1/9/2015 3.41% 1.09%
1/16/2015 1.76% -0.20%
1/23/2015 5.60% 1.45%
1/30/2015 1.52% -1.28%
2/6/2015 11.00% 1.74%
2/13/2015 18.38% 3.83%
2/20/2015 19.57% 4.55%
2/27/2015 18.05% 4.27%
3/6/2015 17.46% 2.70%
3/13/2015 18.73% 1.87%
3/20/2015 12.06% 4.60%
3/27/2015 11.25% 2.28%
4/2/2015 12.75% 2.63%
Current Positions;
Symbol Quantity Cost Basis Total Gain/Loss Percent
HAL 350 $42.42 3.63%
GILD 300 $98.65 -0.22%
SEAS 300 $19.68 -0.08%
WFM150501P53.5 5 $2.71 -30%
VDE 100 $109.69 0.13%
KR 150 $75.41 0.76%
HOT 100 $78.30 7.40%
XHB 250 $36.08 2.52%
Cash $10334.35 | r*********C
发帖数: 2019 | 2 做options是死得快。我去年买BABA的三月call options也死光光，已经没有眼泪了。 | T******u
发帖数: 1025 | 3
worked
to
bet
So typical for option trading. Next time you can take half profit or sell
another strike put to make it a spread to protect your profit.
【在 r****n 的大作中提到】
: Mar. 2015
: SPY returned -2% in March 2015, leaving the 2015 YTD almost flat. My
: portfolio also
: suffered a big loss due to outsized put option on BABA. I entered the
: position in late Feb.
: expecting BABA to sell off when lockout period ends. The put option worked
: fairly well
: at one point, which generated about $7K profits and boosted my portfolio to
: above
: $120K. However, I did not take profit and increased the size of the bet
| r****n
发帖数: 163 | 4 So many things I could do and I did not do it.
Anyway a good lesson. Let's see how myputs on wmf works.
【在 T******u 的大作中提到】
:
: worked
: to
: bet
: So typical for option trading. Next time you can take half profit or sell
: another strike put to make it a spread to protect your profit.
| s********f
发帖数: 3924 | | r****n
发帖数: 163 | 6 Typo. 75.41 instead.
【在 s********f 的大作中提到】
: Kr 成本$55 为啥利润0.7%
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