arthur Guest
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Posted: Fri Aug 20, 2004 7:29 am Post subject: fifth update |
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Aug 20th Trading Log (fifth update):
I bought 10 EBAY Sep 80 puts at $3,100 (about 79 3/4), bought 20 KKD Sep 12.5 calls at $3,300 (at 13 1/4), bought 100 QQQ Oct 35 puts at $19,500 (about 33 3/4), bought 10 EBAY Sep 80 puts at $2,900 (about 80 1/4), bought 50 INTC Jan 22.5 calls at $8,500 (about 21 3/4), and sold 50 PSFT Sep 17.5 calls at $6,000 (about 17 1/4). I couldn't buy the KKD Jan calls at my price. So, I bought Sep calls. I bought QQQ puts, because QQQ is holding up better than SMH. There may be an opportunity to buy PSFT Sep calls cheaper next week.
My portfolio is about $910,000 including about $800,000 in cash.
Calls Contracts
SMH Jan 32.5 2005 200
INTC Jan 22.5 2005 100
RMBS Jan 10 2005 10
KKD Sep 12.5 2004 20
PSFT Oct 17.5 2004 50
Puts Contracts
DIA Sep 100 2004 100
QQQ Oct 35 2004 100
EBAY Sep 80 2004 20
PSFT Oct 17.5 2004 10
Portfolio at $500,000 on Jul 1st, 2003 |
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