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

To: dealmakr who wrote (4902)	5/29/2011 7:05:12 AM
From: dealmakr	Read Replies (1) \| Respond to of 5891

Trading Position CSCO 05/27/11 The trades posted here are used specifically in an options trading position and are not reflective of what also may take place overall in swing & daytrading CSCO where the profits / losses won't be applied here and the size of the position much larger and the timeframe much shorter, but every type of trade has its own parameters for risk/reward. 12/31/10 Sold 25 Apr 18 Put .42* 02/23/11 Sold 25 Jul 16 Put .45 04/11/11 Sold 15 May 18 Call .50 04/12/11 Bot 1500 CSCO 17.58 (26370) 04/12/11 Sold 10 May 18 Call .45* 04/13/11 Bot 1000 CSCO 17.28 (17280) 04/25/11 Sold 25 04/29 17 Put .14* 05/09/11 Sold 50 05/13/11 16 Put .05* 05/09/11 Sold 25 05/13/11 17 Put .25* 05/16/11 Sold 10 Jun 17 Put .58 05/16/11 Sold 25 Jul 17.5 Call .31 05/17/11 Sold 15 Jun 17 Put .63 05/17/11 Sold 10 Aug 16 Put .61 05/18/11 Sold 15 Aug 16 Put .65 05/23/11 Sold 50 05/27/ 16 put .06* Closed trades Profit/Loss 04/13/11 Bot close 25 Apr 18 Put .76 (850) 04/29/11 Expired 25 04/29/11 17 Put 350 05/13/11 Expired 50 05/13/11 16 put 250 05/13/11 Bot close 25 05/13/11 17 put .15 250 05/21/11 Expired 25 May 18 Call 1200 05/27/11 Expired 50 05/27/11 16 Put 300 Total return on closed trades 1500 Short 25 Jun 17 Put 1525 Short 25 Jul 16 Put 1125 Short 25 Jul 17.5 Call 775 Short 25 Aug 16 Put 1585 Net Position Exposure Long 2500 CSCO avg/share 17.46 (43650) Stock closed 05/27 16.46 CSCO made a nice bounce on Friday, but still a bit lower weekly close from 05/20. Will see how the stock reacts over the next week or so and hopefully the short Jun 17 puts can be closed at a profit. In trading the weekly options series I am trying to glean some smaller premium income and if exercised entering a bigger position at a price that I feel comfortable with. Covered Calls 2500 shares Naked Puts 7500 shares Short puts will be adjusted and traded depending upon market conditions. Stock is oversold, but when a bounce occurs is anyones guess. Good Trading