This is one of my favorite stocks. sold 89 put for this week and 90-97.5 call spread expires next week. My wishful thinking is: tomorrow dip further and give me a chance to set up another sold put for next week and may cancel it if the overall market is not good.
This time, it is OK for me if it goes to 100 :)作者: qzhou3 时间: 2014-7-8 12:44
I do not know. I broke my call spread and rollover 90 call into Aug. I do not pay too much attention during the day and just check around the opening and closing to adjust my plan if it needs.
QIHU is a high risk stock and control your risk. Have a plan before even place an order.作者: qzhou3 时间: 2014-7-11 12:47
Thanks! It has been doing great today. I followed you and Master Oldhorse last round and start to like this stock :)作者: Trinity 时间: 2014-7-11 16:02
I do not like this close and covered 89 put at 0.68.
I will close this post and need to find a better way to deal with it.
Thanks作者: 我想飞 时间: 2014-7-13 14:37
You are right :"QIHU option 流动性太差", bid and ask spread too large. I do not have the problem to sell with ask price and it would be fine if it expired worthless. If I was wrong, it would be difficult to close. If I was wrong, I tried to buy stock to lock for selling call and to short for selling put. Both cases, I will not take stock over for the weekend. If you have better suggestions, I will like to hear from you.
Thanks作者: 我想飞 时间: 2014-7-13 18:20
回复 22#aimei
Actually I like it better when it is within a range. if it is in a strong trend, why not directly buy call or put?作者: aimei 时间: 2014-7-13 18:27
Thanks! I am working on the other with weekly options but still have not followed stock long enough (FB is certainly one of them). Yes, the trend and the price pattern is key. I like the premium from QIHU options. Since I am on the selling side, ask price would be good for me though I would use middle price if I am in a hurry.
Thank again.作者: Trinity 时间: 2014-7-13 19:09
For me, the win rate for buying call or put is still too low and generally I do not have patient to hold long term. On the credit side, the win rate is ok so far but I still need to control risk and find a better way suitable for me.
Keep doing what works for you. Good job!作者: Trinity 时间: 2014-7-13 19:26
回复 26#aimei
You are absolutely right and I could not afford to sell and close the option when the bid and ask is that wide. That is why I want to use stock to close or lock.
Last Friday, I should just short QIHU to protect my sold 89 put as it is very clear resistance at MA200.
Also I do not like the way I played for very little premium and took 3-4 fold risk. I need to find a safe way to prevent such kind of risk.
You definitely set a very high standard. Yes, I also learned my lesson from QIHU by rollover. if it happens, I just take a loss and move on. Risk control and win rate is key.作者: aimei 时间: 2014-7-13 20:17
作者: aimei 时间: 2014-7-13 20:18
希望今晚a 股好作者: Trinity 时间: 2014-7-13 20:30
I do not know how to play A 股. You played day and night.
Take it easy.作者: aimei 时间: 2014-7-13 20:40