Tuesday, October 27, 2009

PNC - Roll SC




Ted has rolled the PNC SC from Nov 55 to Nov 52.5.

The respective risk profile are shown above.

By rolling, it has added cushion from the trade profitable range from 51.2 - 67 to 48.3- 66.4. This is executed with discipline as was planned on the secondary exits

It will still be a very profitable trade with target ROI 25% still a high probability.

He got a decent 1.8 credit for the Dec 52.5 SC
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About Me

An engineer by training graduated with B.Sc (hons) and MBA from Strathclyde university in Glasgow, Scotland. Started as an engineer in R&D for 3 years with Philips. Then, worked with DuPont for 13 years. Last job was VP, Marketing for Asia Pacific. Left to start a number of companies in various segments which include a large electronic distribution, a VoIP provider, an internet trading portal in Australia,and an executive training consultancy firm. Have listed companies in NYSE, Australia Stock Exchange, Singapore Stock Exchange Main Board. I was on the Board of Directors for 1 company listed in Thailand, 1 in Singapore and 1 in Australia. Was in the senior management of a company listed in NYSE. Still holding major share positions in the VoIP and Executive training companies. Both are private companies.

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