arthur Guest
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Posted: Fri Aug 20, 2004 11:52 am Post subject: tenth update |
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Aug 20th Trading Log (tenth 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), sold 50 PSFT Sep 17.5 calls at $6,000 (about 17 1/4), bought 50 DIA Sep 102 puts at $10,000 (about 101), bought 10 OIH Oct 75 puts at $4,500 (over 72 1/4), bought 10 EBAY Sep 85 puts at $5,100 (over 81), bought 10 EBAY Sep 80 puts at $2,250 (over 81 1/4), bought 100 DIA Sep 102 puts at $17,500 (about 101 1/2), and bought 100 INTC Oct 20 calls at $24,500 (over 21 3/4). 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. OIH (oil index) puts may be an excellent hedge for DIA puts.
My portfolio is about $905,000 including about $735,000 in cash.
Calls Contracts
SMH Jan 32.5 2005 200
INTC Oct 20 2004 100
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
DIA Sep 102 2004 150
QQQ Oct 35 2004 100
OIH Oct 75 2004 10
EBAY Sep 80 2004 30
EBAY Sep 85 2004 10
PSFT Oct 17.5 2004 10
Portfolio at $500,000 on Jul 1st, 2003 |
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