PeakTrader.com

[arthur]

Aug 11th Trading Log (final update):

I bought 50 SMH Jan 25 calls at $29,500 (about 29 3/4), bought 200 SMH Jan 35 calls at $18,000 (over 29 1/4), bought 100 SMH Nov 32.5 calls at $10,000 (about 29 1/4), sold 100 MRK Oct 45 calls at $14,000 (over 44 3/4), sold 20 AMGN Oct 50 calls at $10,400 (over 54 1/4), bought 50 DIA Sep 102 puts at $18,000 (over 99 1/4), bought 100 SMH Jan 30 calls at $26,000 (about 29 1/4), sold 50 SMH Jan 25 calls at $29,000 (over 29 1/2), bought 100 DIA Sep 100 puts at $21,000 (over 99 3/4), and bought 20 SNDK Aug 20 calls at $3,700 (over 21 1/2). I sold the SMH Jan 25 calls, since they have little leverage. AMGN and MRK are up today. I'll post a Thu Trading Plan tonight. The economic reports tomorrow and Fri should move the market.

My portfolio is over $880,000 including over $645,000 in cash.

Calls Contracts

QQQ Dec 34 2004 100
SMH Nov 32.5 2004 200
SMH Jan 30 2005 200
SMH Jan 32.5 2005 200
SMH Jan 35 2005 300
SNDK Aug 20 2004 20
ABX Jan 17.5 2005 50

Puts Contracts

DIA Sep 100 100
DIA Sep 102 50
DIA Oct 98 100

Portfolio at $500,000 on Jul 1st, 2003