Today I fgured that I would buy some C (Citigroup) options, and just wasn’t sure if I should buy puts or calls.  Sometimes I make a decision based on nothing more than just clicking whatever is closest to me for clicking upon.  Calls it is!

Though the month of January 2008 is gone and will never, ever happen again, I didn’t take full advantage of it like I should have.  Why you ask?  Because there’s only going to be one year 2008 unless Jesus comes back and the religious zealots start that damn calendar all over again.  Oh.. why didn’t I take full advantage of it you mean?

Today I made money on the poor performance of GOOG earnings announcement.  It went something like “we made lots of money, but you morons expected us to make more”.  Well, maybe that wasn’t a direct quote from the earnings announcement.

BIDU put was profitable, so I sold.  Smart?  Probably not.  I’m sure there’s more room below, but taking profits is much quicker than accepting losses.  At least it is for me.  I’m going to have to find my old options rule I posted here.  I don’t have a lot of rules, it shouldn’t be that hard to follow them.

I put in a sell request of $20.00 on my one put of GOOG.  I then started my long commute into work (over an 1.5 hours today) and when I finally arrived at work I saw that my order had gone through.