arthur Guest
|
Posted: Wed Aug 18, 2004 10:47 am Post subject: seventh update |
|
|
Aug 18th Trading Log (seventh update):
I sold 50 AMAT Sep 17 puts at $7,500 (over 15 3/4), bought 100 SMH Sep 30 calls at $10,000 (over 29 1/4), bought 50 PSFT Sep 17.5 calls at $5,500 (about 16 1/2), sold 100 SMH Sep 30 calls at $12,000 (about 29 3/4), sold 100 SMH Jan 32.5 calls at $17,500 (about 30), sold 100 AMAT Sep 16 calls at $8,500 (about 16 1/4), sold 100 SMH Nov 32.5 calls at $12,500 (about 30 1/4), and sold 100 SMH Jan 32.5 calls at $19,500 (over 30 1/4). I may buy a small position in PSFT in-the-money puts on a bounce, in case PSFT crashes.
My portfolio is at $915,000 including about $815,000 in cash.
Calls Contracts
SMH Nov 32.5 2004 100
SMH Jan 32.5 2005 200
PSFT Sep 17.5 2004 50
PSFT Oct 17.5 2004 50
Puts Contracts
DIA Sep 100 2004 200
Portfolio at $500,000 on Jul 1st, 2003 |
|