RWS:
I was a little tired last night and forgot to mention that my 20 call position in KWK "controls" (obviously it doesn't really control!) about $106,000 in stock. I just sold my KWK calls for $1.45, a quick 40% take.
As of 10:00 a.m., here is the update:
1. PTEN equity--updated--5/5/2005.
Long 1,000 shares of PTEN at the 5/2/05 open, $23.93, commission of $9.95, total capital at risk: $23,939.95
Closing value at $25.92: $25,920.00
Net gain: $1590.05
Percentage gain: 8.3%
Current capital at risk: $25,920.00 (all)
Cash: 00.00
. KWK options campaign.2
a. (5/2)Long 20 KWK May 55 calls at 0.95, commissions of $25.90, total capital at risk: $1925.90
Sold at (5/4)$1.65: net $3300.00
Net gain: $1348.10
Percentage gain, first trade: 70%
b. (5/4) Long 20 KWK May 55 calls at 1.05, commissions of 25.90, total capital at risk: $2125.90.
(5/5) Sold at $1.45, net $2874.91, 35.2% gain.
Starting capital: $1925.90
Current capital at risk: $00.00
Cash: $4023.01
Total percentage gain: 108.9%
Kb |
