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 (4950)	9/17/2011 7:55:40 AM
From: dealmakr	Read Replies (1) \| Respond to of 5891

Position updated SVU 09/17/11 With SVU at a close of 7.92 on Thursday I thought there was a pretty good shot of being called out of the 2500 shares at 8. With news of a possible work strike happening in CA the stock weakened going into Friday and closed out of the money. Will look to open another round of calls at the 8 strike for OCT. Earnings are scheduled for around 10/17 and options premiums remain fairly strong. 03/23/11 Bot 4000 SVU 8.38 (33520) 03/23/11 Sold 40 Apr 7 put .05* 03/23/11 Sold 40 Jul 9 call .60 03/29/11 Bot 2500 SVU 8.77 (21925)* 03/29/11 Sold 25 May 9 Call .55* 04/04/11 Bot 2500 SVU 8.99 (22475)* 04/04/11 Sold 25 Apr 9 Call .35* (round1) 07/27/11 Bot 4000 SVU 8.70 (34800) 07/27/11 Sold 40 Aug 9 Call .30* 08/01/11 Sold 25 Aug 8 Put .25* 08/10/11 Sold 25 Aug 7 Put .40* 08/10/11 Sold 25 Aug 7 Put .46* 08/10/11 Sold 20 Oct 9 Call .2 08/12/11 Sold 20 Oct 9 Call .31 08/12/11 Sold 50 Aug 6 Put .06* 08/19/11 Bot 2500 SVU 8 (20000) exercise 08/26/11 Sold 20 Sep 7 Put .46* 08/31/11 Sold 25 Sep 8 Call .35* Closed trades Profit/Loss 04/16/11 Expired 40 Apr 7 Put 200 04/16/11 Exercised 25 Apr 9 Call 875 04/16/11 Sold 2500 SVU 9 25 04/20/11 Bot close 25 May 9 Call 1.85 (3250) 04/20/11 Sold 2500 SVU 10.80 5075 05/27/11 Dividend on 4000 SVU .0875/share 350 06/08/11 Sold 4000 SVU 8.77 1560 06/08/11 Bot close 40 Jul 9 Call .45 600 Total return P/L on closed trades 5435 (round 1) 08/19/11 Expired 50 Aug 6 put 300 08/19/11 Expired 40 Aug 9 Call 1200 08/19/11 Exercise 25 Aug 8 Put 625 08/19/11 Bot close 50 Aug 7 Put .05 1900 08/30/11 Dividend on 6500 SVU 568.75 09/17/11 Expired 20 Sep 7 Puts 920 09/17/11 Expired 25 Sep 8 Calls 875 Total return P/L on closed trades 6388.75 (round 2) Long 6500 SVU avg/share 8.43 (54800) Stock closed 09/17/11 7.69 Short 40 Oct 9 Call 1020 Net position Exposure Covered Calls 4000 shares Good Trading dealmakr