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

To: dealmakr who wrote (4901)	5/25/2011 10:56:18 AM
From: dealmakr	Read Replies (1) \| Respond to of 5891

Updated position XRX 05/25/11 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* 12/31/10 Sold 25 Jul 9 Put .30* 01/21/11 Sold 30 Feb 12 Call .12* 01/27/11 Sold 30 Feb 11 Call .16* 02/09/11 Sold open 30 Jul 12 Call .32* 02/22/11 Bot 1500 XRX 11 02/22/11 Sold 15 Apr 11 Call .46* 02/23/11 Sold 25 Oct 9 Put .52 03/14/11 Sold 15 Oct 12 Call .40 03/16/11 Sold 15 Jul 11 Call .30 03/16/11 Sold 25 Oct 12 Call .30 03/22/11 Sold 15 May 11 Call .16* 03/25/11 Bot 1500 XRX 10.68 (16020) 04/11/11 Sold 20 Oct 12 Call .47 04/12/11 Sold 30 May 10 Put .14* 05/06/11 Bot 1500 XRX 10.35 (15525) 05/06/11 Sold 20 Jun 10 Put .23 05/23/11 Sold 30 Jul 11 Call .11 05/25/11 Sold 25 Jul 9 Put .16 Closed Trades Profit/Loss 12/18/10 Expired 80 Dec 11 Put 1250 12/29/10 Dividend .0425 on 3000 shares 127.5 01/21/11 Bot close 30 Apr 12 Call .28 1620 02/13/11 Bot close 30 Feb 11 Call .13 90 02/19/11 Expired 30 Feb 12 Call 360 03/25/11 Bot close 15 Apr 11 Call .05 615 03/25/11 Bot close 30 Jul 12 Call .14 540 03/29/11 Dividend .0425 on 6000 shares 255 04/11/11 Bot close 25 Jul 9 Put .13 425 05/21/11 Expired 30 May 10 Put 420 05/21/11 Expired 15 May 11 Call 240 Total Return P/L on closed trades 5942.5 Long 7500 XRX avg/share 11.10 (83265) Stock closed 05/20 10.11 Short 20 Jun 10 Put 460 Short 25 Jul 9 Put 400 Short 45 Jul 11 Call 780 Short 25 Oct 9 Put 1300 Short 60 Oct 12 Call 2290 Net Position Exposure Covered Calls 7500 shares Naked Calls 3000 shares Naked Puts 7000 shares Call premium tough to book in Jun near term for the 11 strike. Added a few more short calls & puts and may add the Jun 9 puts if the stock breaks down from here otherwise still looking at the below scenario. Stock still in a downtrend here week to week and am still looking for a 2nd half of the year play to see if the company buys back any stock in size and also what they will do about the dividend, also if earnings remain on track. Good Trading dealmakr