arthur Guest
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Posted: Thu Aug 12, 2004 5:41 am Post subject: first update |
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Aug 12th Trading Log (update):
I bought 100 SMH Sep 30 calls at $11,000 (over 29 1/4). I bought SMH Sep calls, since the longer-term calls didn't fall much. Premarket: SNDK is expected to open lower. So, I plan to buy more Aug 20 calls. Also, I plan to buy SMH long-term calls on dips, since I bought DIA puts while the Dow rallied yesterday.
My portfolio is at $875,000 including over $635,000 in cash.
Calls Contracts
QQQ Dec 34 2004 100
SMH Sep 30 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 |
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