This is another quite week for me. I do not take any position as the internet connection in my place was extremely slow.
The earthquake that hit Taiwan last Tuesday has disrupted the communication links in most parts of Asia. Although the internet  connection improved 2 days later, I don’t want to take the risk by avoiding to enter the trade as I feel that the speed is not yet back to normal. I just hope that the situation will improve next week right after the new year holiday.

To conclude month of December 2006 trade, I made 11% from 2 trades:

12-Dec-06 BUY SYMC JAN07 20.0 CALL @ $1.25
15-Dec-06 SELL SYMC JAN07 20.0 CALL @ 1.60
Profit/Lost = 28% (in 3 days)

15-Dec-06 BUY ASF JAN07 40.00 CALL @ $3.50
18-Dec-06 SELL ASF JAN07 40.00 CALL  @ 2.90
Profit/Lost = -17% (in 2 days)

 

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