SI
SI
discoversearch

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 (5261)8/17/2012 4:08:59 PM
From: dealmakr   Read Replies (1) | Respond to of 5891
 
Updated position 08/17/12 SOHU

03/23/12 Bot 1000 SOHU 55.2 (55200)
03/23/12 Sold 10 Apr 57.5 Call 2.00*
03/23/12 Sold 20 Apr 47.5 Put .60*
03/26/12 Sold 10 Sep 47.5 Put 3.90*
03/30/12 Sold 10 May 47.5 Put 1.40*
04/04/12 Sold 10 Apr 47.5 Put .60*
04/04/12 Sold 10 Sep 47.5 Put 5.00*
04/10/12 Sold 5 Apr 47.5 Put .91*
04/10/12 Sold 10 Sep 47.5 Put 6.10*
04/10/12 Sold 10 Apr 55 Call .35*
04/20/12 Sold 10 May 57.5 Call 1.20*
05/17/12 Sold 10 Sep 40 Put 3.90
05/21/12 Sold 10 Jul 55 Call .60*
05/21/12 Sold 10 Dec 25 Put 1.20
06/26/12 Sold 10 Aug 52.5 Call .20
07/18/12 Bot 500 SOHU 35.90 (17950)
08/06/12 Sold 15 Sep 47.5 Call .40

Closed Trades Profit/Loss

04/10/12 Bot close 10 Apr 57.5 Call .20 1800
04/21/12 Expired 35 Apr 47.5 Put 2255
04/21/12 Expired 10 Apr 55 Call 350
05/17/12 Bot close 10 May 47.5 Put 3.2 (1800)
05/19/12 Expired 10 May 57.5 Call 1200
06/18/12 Bot close 10 Jul 55 Call .05 550
06/25/12 Bot close 30 Sep 47.5 Put avg 8.85 (11550)
08/18/12 Expired 10 Aug 52.5 Call 200

Total return P/L on closed trades (6995)

Long 1500 SOHU avg 48.77/share(73150)

Stock closed 08/17/12 40.76

Short 15 Sep 47.5 Call 600
Short 10 Sep 40 Put 3900
Short 10 Dec 25 Put 1200

Net position exposure

Covered Calls 1000 shares
Naked Puts 2000 shares

Added another 500 shares to reduce the DCA and will look to earnings next week to see where I go from here.

Earnings came in ok and the stock has participated in the overall rally. Now over the 40 strike and have sold the 47.5 calls for Sep as that will get me near the DCA if called and lessen the loss.

dealmakr