BIDU to you

I’m sure that I missed the bottom of the BIDU run and that I could have squeezed out a little more but I’m satisfied with my earnings today. At least, I’m satisfied unless I see a big drop and realize that I missed the drop. That would sort of suck a little.

Sold:
BIDU Dec07 $370 put (BPJXN), 1 @ $55.50
Entered 11/26 @ $49.50, exited 11/26 @ $55.50
12% profit, $598.00 (after $2.00 commission)
stock price when entered $335.39
stock price when exited $326.13

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Posted By: Michael

News Category: -Michael, BIDU, Options

 

 

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