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Strategies & Market Trends : Calls and Puts for Income
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To: dealmakr who wrote (5377)9/21/2012 5:08:02 PM
From: dealmakr   Read Replies (1) of 5891
 
HCBK position 09/22/12

10/26/11 Bot 5000 HCBK 5.75 (28750)*
10/26/11 Bot 5000 HCBK 5.81 (29050)*
10/26/11 Bot 5000 HCBK 5.84 (29200)*
10/26/11 Sold 100 Nov 6 Call .15*
10/26/11 Sold 50 Dec 5 Put .15*
10/28/11 Bot 5000 HCBK 6.29 (31450) (1200 exercised @6 Dec / balance 3800 shares)(23902)*
10/28/11 Sold 50 Dec 6 Call .475 avg*
11/01/11 Bot 5000 HCBK 5.9 (29500)*
11/01/11 Sold 100 Nov 6 Call .15*
11/02/11 Sold 25 Jan 5 Put .25*
11/02/11 Sold 20 Apr 7 Call .25*
11/09/11 Sold 25 Dec 6 Call .25*
11/09/11 Sold 25 Dec 6 Put .45*
11/14/11 Sold 25 Jan 6 put .60*
11/16/11 Bot 5000 HCBK 5.75 (28750)*
11/15/11 Sold 75 Dec 6 Call .15*
11/17/11 Sold 50 Dec 6 Call .15*
11/25/11 Sold 100 Jan 6 Call avg .108*
11/25/11 Sold 25 Apr 6 Call .31*
11/28/11 Bot 2500 HCBK 5.24 (13100)*
11/29/11 Sold 50 Jan 6 Call .10*
11/29/11 Sold 25 Jul 5 Put .75*
11/30/11 Bot 2500 HCBK 5.32 (13300)*
12/01/11 Bot 2500 HCBK 5.61 (14025)*
12/01/11 Bot 2500 HCBK 5.68 (14200)*
12/02/11 Sold 25 Jan 6 Call .25*
12/06/11 Sold 25 Jan 6 Call .30*
12/06/11 Bot 2500 HCBK 5.97 (14925)*
12/07/11 Sold 25 Jan 6 Call .30*
12/08/11 Sold 25 Jan 6 Call .25*
12/12/11 Sold 25 Jan 6 Call .21*
12/13/11 Sold 25 Jan 6 Call .25*
12/14/11 Bot 5000 HCBK avg 5.895 (29475)*
12/16/11 Bot 2500 HCBK 6.05 (15175)*
01/04/12 Bot 2700 HCBK 6.57 (17739)(2500 exercised @6 Apr / balance 200 shares)(1314)*
01/04/12 Sold 20 Apr 7 Call .30*
01/04/12 Sold 25 Jul 6 put .45*
01/06/12 Sold 25 Apr 6 Put .25*
01/18/12 Sold 25 Apr 6 Put .20*
01/25/12 Sold 25 Mar 7 put .25*
04/23/12 Sold 40 May 7 Call .11*
05/22/12 Sold 40 Oct 7 Call .20
07/17/12 Sold 20 Oct 6 Put .35
07/27/12 Bot 2000 HCBK 5.94 (11880)
07/27/12 Sold 20 Sep 6 Put .32*
07/27/12 Sold 20 Sep 6 Call .20*
07/30/12 Bot 2000 HCBK 5.99 (11980)
07/30/12 Sold 20 Sep 6 Call .20*

Closed trades Profit/Loss

11/02/11 Dividend .08 on 25000 shares 2000
11/19/11 Expired 200 Nov 6 Call 3000
12/14/11 Bot close 25 Dec 6 Put .25 500
12/17/11 Expired 50 Dec 5 Put 750
12/17/11 Expired 38 Dec 6 Call
12/17/11 Exercised 162 Dec 6 Call 4875 (includes expired)
12/17/11 Sold 16200 HCBK 6.00 2652
12/29/11 Bot close 25 Jan 6 Put .14 1150
01/21/12 Expired 25 Jan 5 Put 625
01/21/12 Exercised 300 Jan 6 call 5480
01/21/12 Sold 30000 HCBK 6 7550
02/08/12 Dividend .08 on 6500 shares 520
02/29/12 Bot close 50 Apr 6 Put .05 875
03/17/12 Expired 25 Mar 7 Put 625
04/21/12 Exercised 25 Apr 6 Call 775
04/21/12 Expired 40 Apr 7 Call 1100
04/21/12 Sold 2500 HCBK 6 (1425)
05/08/12 Dividend .08 on 4000 shares 320
05/19/12 Expired 40 May 7 Call 440
07/17/12 Bot Close 25 Jul 6 Put .05 1000
07/21/12 Expired 25 Jul 5 Put 1875
08/06/12 Dividend .08 on 8000 shares 640

08/28/12 Exercised 20 Sep 6 Call 400
08/28/12 Sold 2000 HCBK 6*
09/22/12 Expired 20 Sep 6 Put 640
09/22/12 Exercised 20 Sep 6 Call 400
09/22/12 Sold 2000 HCBK 6 (1216) Used the balance of 4000 shares from 1028/11 & 01/23/12 for exercise

Total return P/L on closed trades 35551

Long 4000 HCBK avg/share 5.965 (23860)

Stock closed 09/21/12 7.88

Short 20 Oct 6 Put 700
Short 40 Oct 7 Call 800

Net position exposure

Covered calls 4000 shares
Naked puts 2000 shares

With the buyout coming from MBT, this trade is about done after a 1 year exposure with the rest of the position that should settle out in the Oct expiration. All in all the most gain was done early in the trade, but still was a good candidate to maintain a smaller position in and use it to generate income.

Good trading

dealmakr
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