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


To: dealmakr who wrote (5449)9/25/2012 3:30:00 PM
From: dealmakr   Respond to of 5891
 
Updated Position ETFC 09/25/12

Position Closed

06/19/12 Bot 3000 ETFC 7.91 (23730)*
06/19/12 Sold 30 Jul 8 Call .37*
06/19/12 Sold 30 Jul 7 Put .12*
06/21/12 Bot 2000 ETFC 7.83 (15660)*
06/21/12 Sold 20 Jul 8 Call .32*
06/22/12 Bot 2500 ETFC 7.78 (19450)*
06/22/12 Sold 25 Jul 8 Call .30*
06/22/12 Sold 30 Jul 7 Put .12*
06/26/12 Sold 20 Oct 7 Put .56
07/02/12 Sold 10 Oct 8 Call .71*
07/06/12 Sold 10 Oct 8 Call .72*
07/09/12 Sold 20 Aug 8 call .26*
07/10/12 Bot 2000 ETFC 7.63 (15260)*
07/16/12 Bot 2000 ETFC 7.86 (15720)
07/20/12 Sold 50 Aug 8 Call .15*
07/24/12 Sold 20 Sep 8 Call .17*
08/03/12 Sold 20 Sep 7 Put .17*

Closed trades Profit/Loss

07/20/12 Sold 2500 ETFC 7.50 (700) bot 06/22 @ 7.78
07/21/12 Expired 60 Jul 7 Put 720
07/21/12 Expired 75 Jul 8 Call 2500
08/03/12 Bot close 20 Aug 8 Call .12 280
08/09/12 Bot close 50 Aug 8 Call avg .604 (2270)
08/09/12 Sold 5000 ETFC 8.60 3610 bot 06/19 & 06/21 @ 7.91 (3000) & 7.83 (2000)
09/07/12 Sold 2000 ETFC 8.98 2700
09/07/12 Bot close 20 Sep 8 Call 1(1660)
09/22/12 Expired 20 Sep 7 Put 340

09/24/12 Bot close 20 Oct 8 Call 1.21 (990)
09/24/12 Sold 2000 ETFC 9.10 2480
09/25/12 Bot close 20 Oct 7 Put .03 1060

Total return P/L on closed trades 8070

Net Position Exposure 0

Was able to close the call side with a debit of .11/share over the intrinsic price of where the stock was trading. Closed the puts also and may rewrite more down the line. Trade worked out ok for a short timeframe.

Good trading

dealmakr