Saturday 21 November 2009

China Mobile Ltd (Cont.)

The stock (941) had indeed get back into the trading range of $75-80. On the short term, I think this stock will stay in this Channel for a while before it break up or down. The current 3 month trend is a sideway. If my capital allow, I will write some put option if opportunity arise. But currently my capital is locked up with my two open positions.

Regarding my SHK and ESP positions, both has been looking quite good. I hope it will expire worthless. Fingerscross.

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