arthur Guest
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Posted: Mon Sep 13, 2004 9:28 am Post subject: ninth update |
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Sep 13th Trading Log (ninth update):
I bought 10 EBAY Sep 95 puts at $4,000 (over 91), sold 10 EBAY Sep 95 puts at $4,300 (about 90 3/4), bought 100 INTC Jan 20 calls at $19,500 (over 20 1/2), bought 200 QQQ Oct 35 puts at $12,000 (about 35 1/2), bought 400 QQQ Oct 36 puts at $40,000 (at 35 1/2), bought 50 EBAY Oct 90 puts at $13,500 (about 91 1/2), bought 400 QQQ Oct 35 puts at $20,000 (about 35 3/4), bought 200 QQQ Oct 36 puts at $18,000 (about 35 3/4), and bought 200 INTC Apr 22.5 calls at $28,000 (about 21). If EBAY pulls-back, I'll sell the Sep puts. I bought INTC calls to partially hedge the puts. The low volatility market continues to provide few trading opportunities.
My portfolio is about $810,000 including $525,000 in cash.
Calls Contracts
INTC Jan 20 2005 100
INTC Apr 22.5 2005 200
PSFT Jan 17.5 2005 20
Puts Contracts
QQQ Oct 35 2004 1,000
QQQ Oct 36 2004 1,000
OIH Jan 80 2005 20
EBAY Sep 95 2004 20
EBAY Oct 85 2004 100
EBAY Oct 90 2004 150
Portfolio at $500,000 on Jul 1st, 2003 |
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