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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?


To: dealmakr who wrote (4711)12/6/2010 12:04:03 PM
From: dealmakr   Read Replies (1) | Respond to of 5891
 
Opening position XRX 12/06/10

11/30/10 Sold 50 Dec 11 Put .16
11/30/10 Sold 30 Dec 11 Put .15
12/06/10 Bot 3000 XRX 11.74
12/06/10 Sold 30 Apr 12 Call .82

Long 3000 XRX 11.74 (35220)

Short 80 Dec 11 put 1250
Short 30 Apr 12 Call 2460

Another stock that I wanted to buy and write CC's a few months out to add to short put position. A bit more duration than I usually put on from the long side.

Good Trading

dealmakr



To: dealmakr who wrote (4711)12/19/2010 5:43:21 AM
From: dealmakr   Read Replies (1) | Respond to of 5891
 
Updated position BRCD 12/18/10

11/24/10 Sold 50 Dec 5 put .13
12/01/10 Bot 5000 BRCD 5.02
12/01/10 Bot 5000 BRCD 5.01
12/01/10 Sold 100 Dec 5 Call .18
12/01/10 Sold 100 Dec 5 Put .16
12/02/10 Sold 50 Apr 5 Put .50
12/03/10 Sold 100 Jan 5 Put avg .225
12/07/10 Sold 50 Jan 5 Put .18
12/17/10 Sold 50 Jan 5 Put .19
12/17/10 Sold 50 Apr 5 Put .50

Closed trades Profit/Loss

12/18/10 Exercised 100 Dec 5 Call 1800
12/18/10 Sold Exercise 10000 BRCD 5 (150)
12/18/10 Expired 150 Dec 5 Put 2250

Total Return P/L on closed trades 3900

Total Position Cost/Premium received

Short 200 Jan 5 Put 4100
Short 100 Apr 5 Put 5000

Net Position Exposure

Naked Puts 30000 shares

Still some takeover chatter holding up the stock here with good vol and premium IMHO.

A very Happy Holiday to All.

Good Trading

dealmakr