Calls and Puts for Income Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Calls and Puts for Income

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dealmakr who wrote (4875)	4/23/2011 9:44:27 AM
From: dealmakr	Read Replies (1) of 5891

Updated Position SVU 04/22/11 03/23/11 Bot 4000 SVU 8.38 (33520) 03/23/11 Sold 40 Apr 7 put .05* 03/23/11 Sold 40 Jul 9 call .60 03/29/11 Bot 2500 SVU 8.77 (21925)* 03/29/11 Sold 25 May 9 Call .55* 04/04/11 Bot 2500 SVU 8.99 (22475)* 04/04/11 Sold 25 Apr 9 Call .35* Closed trades Profit/Loss 04/16/11 Expired 40 Apr 7 Put 200 04/16/11 Exercised 25 Apr 9 Call 875 04/16/11 Sold 2500 SVU 9 25 04/20/11 Bot close 25 May 9 Call 1.85 (3250) 04/20/11 Sold 2500 SVU 10.80 5075 Total return P/L on closed trades 2925 Long 4000 SVU 8.38 (33520) Short 40 Jul 9 Call 2400 Net Position Exposure covered calls 4000 shares Was able to leg out of the May 9 Calls for a .05 debit to intrinsic value and reduced exposure as it didn't make sense to wait another 4 weeks to grab the last .05 or $125 on the max gain. Back to original starting position. Still may add a few puts to position. Good Trading dealmakr

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next