Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: dealmakr who wrote (4747)	1/4/2011 2:29:15 PM
From: dealmakr	Read Replies (1) \| Respond to of 5891

Updated position BRCD 01/04/11 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 12/30/10 Sold 20 Apr 5 Put .50 12/30/10 Sold 20 Apr 7 Call .27 01/03/11 Sold 100 Feb 5 Put avg .245 01/03/11 Sold 50 Feb 6 Call .27 01/03/11 Bot 5000 BRCD 5.36 01/04/11 Sold 30 Feb 6 Call .30 01/04/11 Sold 50 Jul 5 Put .53 01/04/11 Bot 5000 BRCD 5.54 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 Long 10000 BRCD (54500) avg 5.45 Short 200 Jan 5 Put 4100 Short 100 Feb 5 Put 2450 Short 80 Feb 6 Call 2250 Short 120 Apr 5 Put 5000 Short 20 Apr 7 Call 540 Short 50 Jul 5 Put 2650 Net Position Exposure Covered Calls 10000 shares Naked Puts 47000 shares Good tape action and decided to increase exposure a bit with the premise that the short Jan 5 Puts will probably be bot back before expiration and buying stock and writing CC's on the underlying may work out with fairly heavy options activity. Good Trading dealmakr