Tuesday, March 4, 2008

Sell - VDSI

Stock Option: VDSI SEP 20 Call
Buy Date: 2/21/2008
Sell Date:
Units: 300
Buy Price: 0.7
Commission: 26
Total Investment: 236
Final Price: 0.45
Final Value: 135
Return: -101
Total Return: -42.79661017

Another lesson here: Buy calls when the market is doing well. Again, short term options trading is not meant for long term strategies.

Speaking of which, I will be taking a break from trading for now, and rethink through my strategies. Most likely will come back in when the market outlook becomes slightly better.

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