arthur Guest
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Posted: Wed Sep 01, 2004 6:55 am Post subject: eighth update |
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Sep 1st Trading Log (eighth update):
I sold 100 INTC Jan 22.5 calls at $14,000 (about 21 1/2), sold 20 EBAY Oct 85 puts at $6,200 (about 86 1/2), sold 10 EBAY Sep 90 puts at $4,600 (about 86), bought 30 OIH Sep 75 puts at $6,000 (at 74), bought 30 OIH Sep 75 puts at $5,250 (about 74 1/2), bought 20 OIH Jan 75 puts at $10,000 (about 74 3/4), sold 100 SMH Jan 30 calls at $26,500 (about 30), bought 40 OIH Sep 75 puts at $6,000 (about 75), sold 30 PSFT Oct 17.5 calls at $6,300 (about 18 1/4), bought 20 OIH Oct 75 puts at $5,000 (over 75), and bought 100 PSFT Oct 20 calls at $7,000 (about 17 3/4). INTC may pull-back later today before its mid-quarter update tomorrow, which may be an opportunity to buy shorter-term calls. I believe OIH (oil index) at 75 is near a short-term top.
My portfolio is over $895,000 including about $750,000 in cash.
Calls Contracts
SMH Jan 30 2005 100
INTC Jan 22.5 2005 200
RMBS Jan 10 2005 10
PSFT Oct 17.5 2004 70
PSFT Oct 20 2004 100
Puts Contracts
DIA Oct 100 2004 100
OIH Sep 75 2004 170
OIH Oct 75 2004 20
OIH Jan 75 2005 20
EBAY Sep 90 2004 20
PSFT Oct 17.5 2004 10
PSFT Oct 20 2004 10
Portfolio at $500,000 on Jul 1st, 2003 |
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