My May report (Or, The Good, The Bad, and the Ugly):
First, the Good:
QCOM May 70's...sold for 3.10, bought back for .25
VTSS May 40's...sold for 2.50, bought back for .30
ELON May 20's...sold for 1.50, bought back for .80, resold June 20's for 2.60
CSCO May 20's...sold for 1.10, bought back for .50
AOL May 50's, sold, bought back, rolled forward to Jan (won't detail, as you've already heard more than you'd want to know...)
The Bad:
Sold SEBL May 35's (was a roll forward from April, hoping for a big pullback which never hit my strike price). Called. Ouch.
Sold GMST May 30's (also a roll forward from April, in which I sold and bought calls twice). Called (but about break even with the calls that I sold). Ouch, but not too bad...
The UGLY:
Sold NTAP May 15's for 3.50. Bought back for 7.90. Big OUCH! :-O
Overall, still way ahead for the year, but took a big hit this month primarily due to the dumb NTAP play.
Dr.Id@ifmycallswerecoveredwhydoIfeelsonaked.pov |
