八月股票期權倉（月結）The best is yet to come; the worst is yet to come

生於亂世，唯有學識與危機共存。有危時，不要灰心保持希冀；有機時，不要僥倖以為問題已經一掃而空。在勝不驕、敗不餒的意志下操作，本熊都要為自己八月的表現比個讚。可知八月開初才被夾到call loan，跟著改變打法且戰且走(越short 越低)最後只有17 號仔深潛要捱，結果當然喜出望外。

但其實仔細分析個股表現，港股算是力保不失，絕大部分盈利皆來自美股。究其原因，首先港股內憂外患不可言勇；另美股啲路真係比較易捉。每當有壞消息做低美杜一千幾百點，Trump 帝必定發個twist 幫忙緩和市場氣氛，是以唔貪心short 遠啲，一般都總會捱到forfeited。咁啲個節奏當然不會永遠不變，但本熊相信只要Trump 帝一日在位，大致就是如此。

九月走勢注定反覆，因全球政經事件皆去到關鍵時刻：

1. 中美互徴新關稅啟動，升級行動停否？
2. 中美新一輪貿談舉行否？
3. 美聯儲頂得住Trump 帝壓力無？利率政策與市場有落差否？
4. 英國脫鈎發展，英新首相似要舆歐盟玩show hand，佢個焦土戰成功嗎？
5. 阿爺70週年生日臨近，Trump 帝準備左甚麼大禮？
6. 香港運動玩到暑假完結，下一階段如何發展？

本熊早前草船借箭的short put 多為九月結算，目前也是到達臨界點(雖則未深入但多為貼價)看來好快又見真章了。

Logbook 實在太長本熊都係直接講結果：

TSLA 3.42%

175 0.16%

17 -3.72%

AAPL -0.41%

NTNX 2.03%

BABA 2.68%

700 1.53%

3698 

BYND 2.72%

1810 

6030 

939 0.12%

2382 2.48%

823 0.86%

1398 0.12%

Total 11.99%

八月結算：11.99%（回報已包括交易成本)九月啲long call 全部write off矖先，但睇黎全部都會total loss 了。

八月開倉 (30th Aug)

TSLA:
25/7 sold Aug09 205 put @0.84% (6/8 bought @-0.42%)
25/7 sold Aug16 205 put @265.0 99% (premium forfeited)
26/7 sold Aug23 197.5 put @1.08% (premium forfeited)
26/8 sold Aug30 200 put @0.93% (premium forfeited)

175:
5/7 bought Sep27 16 call @0%
2/8 sold Aug29 13 call @0.16 (premium forfeited)

17:
30/7 sold Aug29 11.5 put @1.58% (29/8 bought @-5.34%)
2/8 sold Aug29 11.5 call @0.11% (premium forfeited)
6/8 sold Aug29 11 call @0.09% (19/8 bought @-0.16%)
29/8 sold Nov28 11 put @4.83%

AAPL:
30/7 bought Aug02 200 put @-0.60% (2/8 sold @0.19%)

NTNX:
24/7 sold Aug16 28.5 call @0.32% (premium forfeited)
26/7 sold Aug16 25 put @3.01% (15/8 stock assigned MTM -1.27%)
31/7 sold Aug16 26 call @0.32% (premium forfeited)
15/8 sold Aug30 23.5 call @0.65% (30/8 bought @-1.50%)
20/8 sold Aug30 23.5 call @0.65% (30/8 bought @-1.19%)
27/8 sold Aug30 15.5 put @0.32% (premium forfeited)
29/8 sold Aug30 23.5 put @0.81% (30/8 bought @-0.09%)
30/8 sold Sep20 26 call @1.9%
30/8 sold Sep13 22 put @0.56%

BABA:
26/7 sold Aug16 187.5 call @0.91% (premium forfeited)
29/7 sold Aug16 167.5 put @0.95% (premium forfeited)
31/7 sold Aug16 182.5 call @0.84% (premium forfeited)
2/8 sold Aug23 175 call @1.36% (premium forfeited)
19/8 sold Aug23 170 put @0.45% (23/8 bought @-3.87%)
23/8 sold Aug23 167.5 call @0.46% (premium forfeited)
23/8 sold Aug30 167.5 put @2.46% (premium forfeited)
27/8 sold Aug30 172.5 call @0.25% (30/8 bought @-1.28%)
29/8 sold Aug30 170 put @0.15% (premium forfeited)
30/8 sold Sep13 177.5 call @1.69%

700:
2/7 sold Sep27 340 put @1.38% (5/8 bought half @-1.09%)
2/7 bought Sep27 400 call @0% (2/8 sold @0.84%)
2/8 sold Aug29 390 call @0.27% (premium forfeited)
6/8 sold Aug29 370 call @0.13% (premium forfeited)
15/8 bought Sep27 380 call @-1.09%
28/8 sold Sep27 300 put @0.98%

3698:

BYND:
1/8 sold Aug16 140 put @1.07% (6/8 bought @-0.86%)
1/8 sold Aug23 135 put @1.08% (premium forfeited)
19/8 sold Aug30 125 put @1.43% (premium forfeited)

1810:
3/7 bought Sep27 12.5 call @0%
22/7 sold Sep27 8.5 put @1.74%
22/7 bought Sep27 10.5 call @0%

6030:
5/7 bought Sep27 19 call @0%

939:
8/7 sold Sep27 5.75 put @0.66%
8/7 bought Sep27 6.75 call @0%
6/8 sold Aug29 6.25 call @0.12% (premium forfeited)

2382:
11/7 sold Sep27 75 put @1.69%
11/7 bought Sep27 100 call @0% (2/8 sold @2.48%)

823:
29/7 sold Aug29 87.5 put @0.45% (premium forfeited) 
29/7 sold Aug29 85 put @0.41% (premium forfeited) 
30/8 sold Sep27 82.5 put @1.36%

1398:
6/8 sold Aug29 5.5 call @0.12% (premium forfeited)