racoon' Investment Update, March 2015# Stock
r*n
1 楼
Mar. 2015
SPY returned -2% in March 2015, leaving the 2015 YTD almost flat. My
portfolio also
suffered a big loss due to outsized put option on BABA. I entered the
position in late Feb.
expecting BABA to sell off when lockout period ends. The put option worked
fairly well
at one point, which generated about $7K profits and boosted my portfolio to
above
$120K. However, I did not take profit and increased the size of the bet
twice. It
turned out BABA rallied on March 19 and 20th, which wiped out all my profits
and
resulted a net loss of $4K.
Lesson: Greedy and fear are two enemies of a trader.
Date Cum. Ret. SPY Cum. Ret.
12/10/2014 0.00% 0.00%
12/12/2014 -0.52% -1.11%
12/19/2014 1.79% 2.22%
12/26/2014 3.28% 3.17%
12/31/2014 2.92% 1.73%
1/2/2015 2.63% 1.68%
1/9/2015 3.41% 1.09%
1/16/2015 1.76% -0.20%
1/23/2015 5.60% 1.45%
1/30/2015 1.52% -1.28%
2/6/2015 11.00% 1.74%
2/13/2015 18.38% 3.83%
2/20/2015 19.57% 4.55%
2/27/2015 18.05% 4.27%
3/6/2015 17.46% 2.70%
3/13/2015 18.73% 1.87%
3/20/2015 12.06% 4.60%
3/27/2015 11.25% 2.28%
4/2/2015 12.75% 2.63%
Current Positions;
Symbol Quantity Cost Basis Total Gain/Loss Percent
HAL 350 $42.42 3.63%
GILD 300 $98.65 -0.22%
SEAS 300 $19.68 -0.08%
WFM150501P53.5 5 $2.71 -30%
VDE 100 $109.69 0.13%
KR 150 $75.41 0.76%
HOT 100 $78.30 7.40%
XHB 250 $36.08 2.52%
Cash $10334.35
SPY returned -2% in March 2015, leaving the 2015 YTD almost flat. My
portfolio also
suffered a big loss due to outsized put option on BABA. I entered the
position in late Feb.
expecting BABA to sell off when lockout period ends. The put option worked
fairly well
at one point, which generated about $7K profits and boosted my portfolio to
above
$120K. However, I did not take profit and increased the size of the bet
twice. It
turned out BABA rallied on March 19 and 20th, which wiped out all my profits
and
resulted a net loss of $4K.
Lesson: Greedy and fear are two enemies of a trader.
Date Cum. Ret. SPY Cum. Ret.
12/10/2014 0.00% 0.00%
12/12/2014 -0.52% -1.11%
12/19/2014 1.79% 2.22%
12/26/2014 3.28% 3.17%
12/31/2014 2.92% 1.73%
1/2/2015 2.63% 1.68%
1/9/2015 3.41% 1.09%
1/16/2015 1.76% -0.20%
1/23/2015 5.60% 1.45%
1/30/2015 1.52% -1.28%
2/6/2015 11.00% 1.74%
2/13/2015 18.38% 3.83%
2/20/2015 19.57% 4.55%
2/27/2015 18.05% 4.27%
3/6/2015 17.46% 2.70%
3/13/2015 18.73% 1.87%
3/20/2015 12.06% 4.60%
3/27/2015 11.25% 2.28%
4/2/2015 12.75% 2.63%
Current Positions;
Symbol Quantity Cost Basis Total Gain/Loss Percent
HAL 350 $42.42 3.63%
GILD 300 $98.65 -0.22%
SEAS 300 $19.68 -0.08%
WFM150501P53.5 5 $2.71 -30%
VDE 100 $109.69 0.13%
KR 150 $75.41 0.76%
HOT 100 $78.30 7.40%
XHB 250 $36.08 2.52%
Cash $10334.35
