Monday, January 24, 2011

BIDU Weekly Options .. 3 winners today

BIDU ROCKS. What a day!!

Right at open, BIDU dropped like a stone, crashing through PIVOT POINT and both Pivot Supports S1 and S2 and found some support under S2.

Our three trades for the day are as under:

Trade 5. on 2011/01/24
BIDU 105 CALL Jan 28 Expiry
In: 0.87
Out: 1.22
Time in Trade: 31 min
Return on trade: 40.23 %

Trade 6. on 2011/01/24
BIDU 105 CALL Jan 28 Expiry
In: 0.85
Out: 1.50
Time in Trade: 33 min
Return on trade: 76.47 %

Trade 7. on 2011/01/24
BIDU 105 PUT Jan 28 Expiry
In: 2.00
Out: 2.16
Time in Trade: 1 h 33 min
Return on trade: 8 %

Account at Start of Weekly Options: USD 2,000.00
Account Value today: USD 2,917.02


Return on Account: 45.85 %

Happy trading.


Harry