arthur Guest
|
Posted: Wed Aug 11, 2004 11:33 am Post subject: eighth update |
|
|
Aug 11th Trading Log (eighth update):
I bought 50 SMH Jan 25 calls at $29,500 (about 29 3/4), bought 200 SMH Jan 35 calls at $18,000 (over 29 1/4), bought 100 SMH Nov 32.5 calls at $10,000 (about 29 1/4), sold 100 MRK Oct 45 calls at $14,000 (over 44 3/4), sold 20 AMGN Oct 50 calls at $10,400 (over 54 1/4), bought 50 DIA Sep 102 puts at $18,000 (over 99 1/4), bought 100 SMH Jan 30 calls at $26,000 (about 29 1/4), sold 50 SMH Jan 25 calls at $29,000 (over 29 1/2), and bought 100 DIA Sep 100 puts at $21,000 (over 99 3/4). I sold the SMH Jan 25 calls, since they have little leverage. AMGN and MRK are up today.
My portfolio is over $885,000 including over $650,000 in cash.
Calls Contracts
QQQ Dec 34 2004 100
SMH Nov 32.5 2004 200
SMH Jan 30 2005 200
SMH Jan 32.5 2005 200
SMH Jan 35 2005 300
ABX Jan 17.5 2005 50
Puts Contracts
DIA Sep 100 100
DIA Sep 102 50
DIA Oct 98 100
Portfolio at $500,000 on Jul 1st, 2003 |
|