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 (5376)	9/21/2012 4:49:00 PM
From: dealmakr	Read Replies (1) \| Respond to of 5891

Updated position 09/22/12 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* 08/23/12 Sold 10 Oct 35 Put .75 08/30/12 Sold 5 Dec 50 Call 1.15 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 08/23/12 Bot close 10 Sep 40 Put 1.19 2710 09/22/12 Expired 15 Sep 47.5 Call 600 Total return P/L on closed trades (3685) Long 1500 SOHU avg 48.77/share(73150) Stock closed 09/21/12 41.68 Short 10 Oct 35 Put 750 Short 10 Dec 25 Put 1200 Short 5 Dec 50 Call 575 Net position exposure Covered Calls 500 shares Naked Puts 2000 shares When the stock spiked higher than the 40 strike decided to cover the short Sep 40 puts and roll out and down to the Oct 35 strike. This has reduced the position loss somewhat and this trade is now in rescue mode with the DCA reduced from the original entry. dealmakr