2007年5月29日：伏击目标BMC,不算太成功

If it's Tuesday, it must be time for enterprise software solutions. BMC Software (NYSE: BMC) posts its fiscal fourth-quarter results. Analysts expect earnings to grow by 43% to hit $0.40 a share. It may sound like a lofty goal, but BMC has beaten Wall Street's profit targets for three consecutive reporting periods.

I saw PO stock up about 10M at $32 and 6M at $31.5. I expect they lift the price by $3. Current $35 strik option worth 25Cent with delta 15%. In that case, the option will go up to 70Cents. I planed to exit at 50Cents(I bought at 15Cents) to gain 300% ROI. This trade take me less than a week. Wish me luck.

IF PO really achieve that, I am expecting them to make $57M for four months using around $500M capital.

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30/05/2007

BMC这次让我走眼了。财报一般。我下次再来。

幸好我的ENTER POSITION很好，估计赚个50-70%应该没有太大问题。

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31/05/2007

PO started pushing the price up even they did not have good earning. To hold so much stock is not fun. I need to trace it for one more week then exist it.