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Strategies & Market Trends : Calls and Puts for Income
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To: dealmakr who wrote (4975)11/18/2011 4:59:49 PM
From: dealmakr   Read Replies (1) of 5891
 
Updated Position HBAN 11/18/11

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*
07/21/11 Sold 30 Sep 5 put .05*
07/21/11 Sold 100 Sep 5 Call .05*
07/21/11 Sold 50 Oct 5 Put .07*
07/21/11 Sold 50 Jan 5 Put .20
07/26/11 Bot 2500 HBAN 6.03 (15075)
07/26/11 Sold 25 Aug 6 Call .18*
07/27/11 Sold 25 Aug 6 Put .20*
08/04/11 Sold 25 Oct 5 put .20*
08/05/11 Sold 40 Aug 5 Put .09*
08/11/11 Sold 10 Aug 5 Put .28*
08/11/11 Sold 40 Sep 4 Put .15*
08/11/11 Sold 10 Sep 5 put .47*
08/11/11 Sold 25 Oct 6 Call .21*
08/19/11 Sold 50 Oct 4 put .26*
08/19/11 Bot 2500 HBAN 4.68 (11700)
08/26/11 Sold 100 Jan 2.5 put .09
08/26/11 Sold 50 Jan 7.5 Call .08
09/20/11 Sold 40 Jan 4 Put .24
09/20/11 Sold 40 Apr 7 Call .20
09/20/11 Sold 50 Apr 3 put .15
09/21/11 Sold 75 Nov 6 Call .08*
09/29/11 Sold 50 Nov 6 Call .07*
09/29/11 Sold 50 Nov 4 Put .14*
10/04/11 Sold 40 Apr 7 Call .21
10/12/11 Sold 40 Apr 4 put .35
10/12/11 Sold 20 Apr 7 Call .30
10/21/11 Sold 75 Nov 5 Call .24*
10/22/11 Bot 7500 HBAN 5 (37500) *
10/22/11 Bot 2500 HBAN 7 (17500)
10/25/11 Sold 50 Dec 6 Call .07
10/26/11 Sold 50 Dec 6 Call .06
11/02/11 Sold 25 Dec 5 Put .26
11/02/11 Sold 50 Jan 6 Call .14
11/02/11 Sold 40 Apr 4 Put .28
11/11/11 Sold 25 Dec 5 Put .20
11/17/11 Sold 75 Jan 6 Call .12
11/17/11 Sold 25 Apr 6 Call .37

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
08/05/11 Bot close 25 Aug 6 Put .60 (1000)
08/19/11 Expired 25 Aug 6 call 450
08/19/11 Expired 50 Aug 7 call 300
08/19/11 Bot close 50 Aug 5 Put .34 (1060)
09/13/11 Bot close 40 Sep 5 put .31 (620)
09/15/11 Dividend .04 on 32500 shares 1300
09/17/11 Expired 40 Sep 4 Put 600
09/17/11 Expired 100 Sep 7 Call 500
10/04/11 Bot close 125 Oct 7 call .01 2800
10/22/11 Expired 75 Oct 6 Call 3275
10/22/11 Expired 40 Oct 8 Call 600
10/22/11 Expired 50 Oct 4 Put 1300
10/22/11 Exercised 75 Oct 5 Put 850
10/22/11 Exercised 25 Oct 7 Put 1700
11/19/11 Expired 50 Nov 4 Put 700
11/19/11 Expired 125 Nov 6 Call 950
11/19/11 Exercised 75 Nov 5 Call 1800
11/19/11 Sold 7500 HBAN 5 0 (exercise of 7500 bot @ 5 on 10/22/11)

Total return on closed trades 22650

Long 35000 HBAN avg/share 6.41 (224325)

Stock closed 11/18/11 5.16

Short 50 Dec 5 Put 1150
Short 100 Dec 6 Call 650
Short 100 Jan 2.5 Put 900
Short 40 Jan 4 Put 960
Short 50 Jan 5 Put 1000
Short 125 Jan 6 Call 1600
Short 50 Jan 7.5 Call 400
Short 50 Apr 3 Put 750
Short 80 Apr 4 Put 2520
Short 25 Apr 6 Call 925
Short 100 Apr 7 Call 2240

Net Position Exposure

Covered calls 35000 shares
Naked Calls 5000 shares
Naked puts 37000 shares

Sold the 7500 shares bot last month @ 5 and opened some short Dec 5 Puts to replace. Also have some options positions in other Ohio banks like KEY & FMER short puts. Ohio looks to be a bit better with the news coming from all of the gas fields being opened and some dough should drop into these stocks. The DCA went back up with the sale of the 7500 shares, but its ok so long as the bottom doesn't drop out of the market.

Still like the story here and will trade around it. Options can be closed early depending upon market conditions.
Good Trading

dealmakr
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