Sunday, March 19, 2017

19th Mar 2017 - Insurance company might not be able to even insure themself !

    Buy $

    Sell $

    Short $

    Cover $

    Stop Loss $

    Profit / Losses

    Duration

     

    $63.50

     

     

     

    45.8%

     

     

    tempReason for Buy / Sell / Short / Cover:

     

    1. There was a big drop after the quarter result announcement. Cost me losing a bunch of profit.
    2. The report seems to be at the positive side, but market trashed it. I don't like that.

     

    Lesson Learnt:

     

    1. This is a very famous and popular stock so you normally have a chance to sell at a slightly higher price.
    2. Once it went back and touch the MA line, I decide to sell it and not to take any more chances.
    3. Right now, looking at the way the price goes, seems like my selling call is correct.

     

    Intraday Chart

    None

     

    Historical Chart

    clip_image001

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