Archive for May, 2007

SUN & WOW Commentary

Here some commentary on SUN and WOW from Tien Nguyen. SUN is definitely in my watch list for next month’s trade. WOW looks like it should get pretty good premium. This Thursday is Options expiry day, most my positions are safe, currently monitoring my WBC and NWS is 50/50… Anyways, thats it from me

 
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22/05/07
 
SUN is trending nicely, with a [...]

PEM

Broker called me today to warn me about my NWS position. It was touch and go, luckily it didn’t get assigned/exercise. My NWS position is 29.50/29.0, and he said that some of the $30 puts were assigned. In short, close call…. that being said, the market bounced back today so nothing too exciting happening for [...]

Property Entrepreneurs In Training

Do yourself a favour, especially if you are in Melbourne. Go register and attend the mCorp,
Property Entrepreneurs In Training.
If you are a serious property investor or a ‘wannabe’ property investor, I highly recommend you find the time and get to this event! You can thank me after by leaving a comment or by buying me [...]

XPS M1210

Finally received my laptop today, its been sitting in the post office for the past 2 days because nobody was home so I get them to delay the delivery. So far, this laptop is nice, especially with the 20″ wide screen monitor next to it! The keyboard is quite nice, its easy to type which [...]

Claiming My Blog on Technorati

Technorati Profile

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LHG

Opened LHG contract today, will not be opening anymore contracts for this month. I’ve got a full house of trade this month with NWS in the money and WBC paying dividends (which is not good if for me). If I clear out of this month, I will be very happy!
LHG recently raised more capital, hence [...]

KZL

Closed my KZL position for $6.448. I figured, since I doubled my money I should take it and compound it in another trade. I haven’t been trading long, that being said I am beginning to see that doubling your money with $1,000 doesn’t take a lot of effort, however doubling your money with $10,000 or more [...]

PEM

Got home today and found out I got stopped out for PEM, 2,400 @ $4.398. I had my trailing stop loss at 5% trailing 1% (Now I know this is way too tight, especially for PEM) PEM usually trades about 3% within a day. So what happened was PEM ran during the day with my [...]

Dell XPS M1210 Notebook

Just ordered the Dell XPS M1210 Notebook, cost me $2,277 ($2,070 + $207 GST) Going to be salary packaging it, so it will cost $1,656 ($2,070*70% + $207GST) . Then I’ll sell it to my trust and it becomes a business expense, ie. I can offset it with my profits. So this lappy will end [...]

WBC

Okay, today I Opened a WBC. Firstly the reason why this trade looks so good is because WBC is actually paying 63c dividend sometime this month. (so don’t be fooled) Bank stocks don’t usually pay such good premium so far out of the money…
So here is the reason why I entered this trade, looking at [...]