My News Years Resolution this year for stock/options trading include:
(1) Never let options expire again. January had a nice pounding from AAPL calls and some puts.
(2) Don't wait for 'more' ... set a profit target and stick to it. I watched profits from NILE, AAPL, BEAS, RIMM, TASR evaporate to nothing all because I wanted that extra icing on already a pretty damn good cake!
If you look at my track record, these are rules that I enjoyed breaking all through 2007 and while it was extremely profitable still, in 2008 no more ;P. Stick to base hits, not home runs, so with great reluctance, I am selling these:
Sell to Close: 10 puts of FSLR March 175 at $5.70
Gain: $1100
--Kevin
Wednesday, February 20, 2008
Sell FSLR
Posted by Kevin Lam (Impacta LLC) at 8:12 AM
Labels: Investing Journal - Kevin Lam
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