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Monday, 25 June 2012

Dow Profits all taken; Facebook partial profits taken

Latest Update:

Dow trailing-sells all auto triggered and profits taken at 12550 and 12540 points at around 6pm (Singapore Time) as per mentioned in the afternoon 2.41pm (Singapore Time) that I will be selling away my longs. Could had earned much more from Dow last week but didn't; but money in the pocket is definitely warm and nice.

Facebook partial profits taken at $32.90. Keeping the rest for the longer term. After locking some profits on Facebook, current holding average holding price for Facebook is $29.05.


SETTLEMENT (today 25 June 2012):

1ST BATCH OF DJIA LONGS:
PROFITS = (12550 - 12520) x 55 mini-contracts x $1 per point =  $1.65k

2ND BATCH OF DJIA LONGS:
PROFITS = (12540 - 12515) x 50 mini-contracts x $1 per point =  $1.25k

FACEBOOK LONGS:
PROFITS = (US$32.90 - US$30.10 AVG) x 10,000 shares =  US$28k 
(Memo: after partial profits taken for Facebook, remaining holding averaged-down price for Facebook$29.05)

Peanut profits from DJIA longs, as it mushroomed to $31.5k within a week plus before down-turning out of my expectations to $2.9k profits. That sums up the volatility of the markets.

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