Tuesday, November 27, 2007

BIDU up $15

Was up $14 in the morning… was down again.. and move back up during the last hr of the day….

This is how the call ended for the day but I bailed out earlier….

BPJ LT
BIDU Dec07 $400 CALL — — —
Bid 8.20 — — —
Ask 8.50 — — —
Last 8.42 — — —
Change 1.72 [25.67%] — — —
Volume 775 — — —
Delta 0.95 — — —
Open Int 3,948 — — —
Desc —

Constantly monitoring … watching the stock move up and down made me fearful of losing on the postion…

As soon as I saw the price coming close to my target price I sold…

SLD to Close 1 BPJ LT BPJ Dec $400 CALL Limit $8.10

I was also watching FSLR all day and as I had expected a few days earlier the stock fell again today… at one point it was down -$10?

FIRST SOLAR INC 207.62 -4.38 [-2.07] Nov 27 2:57 PM
Bid: 207.30 Size: 1 Ask: 207.75 Size: 2 Vol: Realtime

Near the close of the day I tried to buy a put on FSLR:

HJQ XQ Buy to Open 1 Limit $8.10 Expired

But did nt hit my buy target…

I will be watching FSLR tomorrow….

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