Hi readers, how’s your weekend? Although it is in Cherry blossom season in Japan, we have a rainy weekend unfortunately. To make matters worse, it is cold (we call this sudden drop in temperature cherry cold). Therefore I stay in home.
As I said in a previous post, I have been patiently waiting for a next selling climax by putting hold on new purchases. But it is boring just to wait. So I have placed the following two GT 90 orders.
- General Motors (GM) 100 shares @28.00 + $6.95 commission , expected YOC=5.42%
- LyondellBasell Industries (LYB) 40 shares @80.00 + $6.95 commission, YOC=3.89%
As last share prices of GM and LYB are $30.47 and $86.83, in order for my GT 90 orders to be executed, GM and LYB needs to down by 8% and 7.9% respectively. Let’s see whether my order will be executed within the next 90 days.
Disclosure: No position in GM and LYB