GOOG and RIMM are peas in a pod

GOOG was a same day sale. I better be careful with those. RIMM was held for a little while longer with the end result being a sale for profit. Fiaz left a comment hoping I was still holding GOOG, unfortunately I took an early opportunity to sell it.. bummer. At least I’m getting closer to being able to have the one-on-one coin flip competition.

Today was a short seller or put buyers dream day. It was mostly downward action with stocks today and since I was holding puts at the beginning of the day, I was quite satisfied with the outcome.

There are still a couple of positions I’m holding, but they are calls or just stock. Except for one lone put in BIDU, which refused most of today to fall into the red. Finally there was a dip red-ways, but not enough for me to consider selling it.

Sold:
RIMM Mar08 $93.375 put (RULOX), 1 @ $2.03
Entered 2/21 @ $1.63, exited 3/06 @ $2.03
25% profit for +$38
stock price entered $107.00
stock price exited $99.57

GOOG was easy money. Had I held on, I would have done better, but I’m learning to accept a gain and trying not to look at what could have been.

Sold:
GOOG Mar08 $430 put (GOPOF), 1 @ $10.90
Entered 3/06 @ $6.20, exited 3/06 @ $10.90
76% profit for +$468
stock price entered $450.54
stock price exited $438.78

RIMM buying post
GOOG buying post