Closed All QQQQ and SPY puts position

Closed All QQQQ and SPY puts position established yesterday.
Also closed POT 170 puts position.   Only hold SKF.

QQQQ 47 puts  52% gain
SPY 127 puts  12% gain
POT 170 put  41% gain.

( Note:  Option Trading is high risk trading, I don't recommend any new hand to trade option unless you know the risks. And you have very good sence of timing, risk control, capital control and very discipline. I don't encourage anyone to follow the option trading either. YMYD )    

Normally I don't hold option through long weekend.

Take care.

Happy Holiday!

[秋葉之靜美]

Thanks

[wavePlayer]

回複桐的評論:每個人的經驗不同，感受也不同，沒有一定之規。重要的是找到適合自己的方法。是新手還是別做option. 如果你悟性很高，則可以可使用很少的錢做，積累經驗。

[桐]

waveplayer ，非常謝謝你的回複，很喜歡看你的分析報告。我是新手，對於做OPTION老是把握不好時間，很想請教一下你怎麽樣把握買進的時間點？還有，有人說別做當月的，做3－4月以後的，你覺得呢？
感謝了！

[wavePlayer]

回複chinapg的評論:It's OK. Good to know someone like it.
The the middle term and long term prediction are time sensitive. Someone asked me if I still think there is rally toward end of year? Yes I did. I never change. There is at least 20% gain from bottom of S&P 500 in that rally. It could be wave 4 counter-trend rally. last 3 months.Start from early Nov. So it could beyond end of year. I will update around that time. But more important is near term. (next two months)

[waveplayer]

回複桐的評論: 都是買當月的。因此，對timing 要求較高，不對，就要走。 反著做 future option (sell instead of buy) 要好做些, 因為 time is on your side. But need big working capital and hedge strategy.

[waveplayer]

回複桐的評論所有puts position 都是昨天開盤一小時建的。有事，不能看盤，有點急了。在收盤的時候建會好的多。尤其是SKF，是有點失誤，在 XLF 很接近下底邊時，是不應該急著開 SKF 的倉。

[chinapg]

I put your post in Hutong9. Many people like it. Sorry for copyright((:

[桐]

請問你的PUT都是昨天買的當月的還是遠期的呢？謝謝！