SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dealmakr who wrote (4917)7/15/2011 4:41:27 PM
From: dealmakr   Read Replies (1) of 5891
 
Updated Position HBAN 07/15/11

03/04/11 Bot 8000 HBAN 6.53 (52240)
03/04/11 Sold 80 Apr 6 put .12*
03/04/11 Sold 80 Apr 7 call .13*
03/07/11 Bot 2500 HBAN 6.68 (16700)
03/07/11 Sold 25 Jul 6 Put .33*
03/07/11 Sold 25 Jul 7 call .45*
03/08/11 Sold 25 Jul 6 Put .30*
03/09/11 Bot 5000 HBAN 6.77 (33850)
03/14/11 Sold 50 Jul 8 call .16*
03/18/11 Sold 50 Oct 6 Put .48*
03/23/11 Sold 30 May 7 Call .17*
03/28/11 Bot 3000 HBAN 6.67 (20010)
04/21/11 Sold 40 Oct 6 Put .36*
04/21/11 Sold 40 Oct 8 Call .15
04/21/11 Bot 4000 HBAN 6.57 (26280)
04/28/11 Sold 80 May 7 Call .07*
04/28/11 Sold 25 Oct 7 Put .68
05/23/11 Sold 50 Oct 7 Call .27
06/01/11 Sold 60 Jul 7 Call .06*
06/06/11 Bot 2500 HBAN 6.04 (15100)
06/06/11 Sold 25 Oct 6 Call .50
06/07/11 Sold 25 Oct 6 Call .60
06/07/11 Sold 25 Oct 7 Call .21
06/08/11 Sold 50 Oct 7 Call .21
06/14/11 Bot 2500 HBAN 6.36 (15900)
06/24/11 Sold 50 Aug 7 Call .06

Closed trades Profit/Loss

03/16/11 Dividend .01 on 15500 shares 155
04/16/11 Expired 80 Apr 6 Put 960
04/16/11 Expired 80 Apr 7 Call 1040
05/21/11 Expired 110 May 7 Call 1070
05/23/11 Bot Close 50 Jul 6 Put .17 725
06/07/11 Bot close 85 Jul 7 call .03 1050
06/15/11 Dividend .01 on 27500 shares 275
07/07/11 Bot Close 90 Oct 6 Put .19 2130
07/15/11 Expired 50 Jul 8 Call 800

Total return on closed trades 8205

Long 27500 HBAN avg/share 6.55 (180050)

Stock closed 7/15/11 6.14

Short 50 Aug 7 Call 300
Short 50 Oct 6 Call 2750
Short 125 Oct 7 Call 2925
Short 25 Oct 7 Put 1700
Short 40 Oct 8 Call 600

Net Position Exposure

Naked puts 2500 shares
Covered calls 26500 shares

Another stock where it looked good to reduce exposure on the Put side for a while and bot back in the Oct 6 puts @ .19 for a gain and today could resell them again for .35.

Earnings out on 07/21/11 and estimates are .15/share. Hopefully will be looking for a dividend increase and some solid numbers.

Will be looking to add options positions after earnings and not looking for a thumping, but will be wearing a hardhat when reading the release.

Good Trading

dealmakr
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext