Calls and Puts for Income Message Board

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Strategies & Market Trends : Calls and Puts for Income

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To: dealmakr who wrote (4937)	8/20/2011 8:10:47 AM
From: dealmakr	Read Replies (1) of 5891

Position updated SVU 08/20/11 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* 07/27/11 Bot 4000 SVU 8.70 (34800) 07/27/11 Sold 40 Aug 9 Call .30* 08/01/11 Sold 25 Aug 8 Put .25* 08/10/11 Sold 25 Aug 7 Put .40* 08/10/11 Sold 25 Aug 7 Put .46* 08/10/11 Sold 20 Oct 9 Call .2 08/12/11 Sold 20 Oct 9 Call .31 08/12/11 Sold 50 Aug 6 Put .06* 08/19/11 Bot 2500 SVU 8 (20000) exercise 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 05/27/11 Dividend on 4000 SVU .0875/share 350 06/08/11 Sold 4000 SVU 8.77 1560 06/08/11 Bot close 40 Jul 9 Call .45 600 Total return P/L on closed trades 5435 (round 1) 08/19/11 Expired 50 Aug 6 put 300 08/19/11 Expired 40 Aug 9 Call 1200 08/19/11 Exercise 25 Aug 8 Put 625 08/19/11 Bot close 50 Aug 7 Put .05 1900 Total return P/L on closed trades 4025 (round 2) Long 6500 SVU avg/share 8.43 (54800) Stock closed 08/19 6.80 Short 40 Oct 9 Call 1020 Net position Exposure Covered Calls 4000 shares From the original entry on 07/27 the stock is down better than 20% along with many others. Options premiums remain fairly hefty and will be looking to open another round of CC's for the stock just assigned at 8. Had in a buy to cover at a buck on expiration day and even with the stock trading north of the 7 strike by a nickle couldn't get the cover so decided to take the assignment, did feel lucky covering the 7 puts at .05 before things worsened in the afternoon. Good Trading dealmakr

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